MARKET

  • Sensex, Nifty flat; Sesa Sterlite, NTPC, Hindalco gainers 1 hour 29 minutes ago

    Mumbai: In a move to decide the fate of coal blocks that were de-allocated by the Supreme Court recently, the government on Monday proposed an ordinance to allow e-auction of mines to private players while adding that state-run companies would be allocated mines directly. The process would be completed in...
  • Rupee gains 8 paise against dollar in early trade 1 hour 56 minutes ago

    Mumbai: Extending its rising streak for the third straight day, the rupee appreciated by 8 paise to 61.28 against the dollar in early trade at the Interbank Foreign Exchange on Tuesday on sustained selling of the US currency by exporters and banks. Forex dealers said besides increased selling of the American...
  • Sensex likely to rise on Dhanteras 3 hours 23 minutes ago

    As Diwali festivities pick up, people across the country will be on a shopping spree on Tuesday. The day is considered auspicious for buying jewellery and utensils. It's a custom which mostly Marwaris, Gujaratis, Maharashtrians and some North Indian communities have followed for ages. All eyes will be on the...
  • Rupee gains for second day; election results cheer Yesterday

    Mumbai: The rupee gained for a second consecutive session on Monday after the BJP's success in two state elections and the government's removal of diesel subsidies and a hike in natural gas prices sparked hopes for additional reforms. The government lifted diesel price controls and raised the cost of natural gas...
  • Sensex soars over 321 points to end at 26429.85; Nifty at 7879.40 Yesterday

    Mumbai: The BSE Sensex and Nifty rose more than 1 per cent on Monday to mark their biggest daily gain in more than one week after the government's energy reforms led to a rally in oil firms, while wins by Bhartiya Janta Party in Maharashtra and Haryana assembly polls raised...
  • Rupee snaps two-day fall, rebounds 39 paise Vs US dollar to end at 61.44 4 days ago

    Mumbai: Tracking a recovery in local shares, the Indian rupee on Friday snapped a two-day declining trend and bounced back by 39 paise to end at 61.44 against the Greenback on fresh dollar selling by exporters and some banks. At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced higher...
  • Rupee tumbles to over 7-month low, down 42 paise vs US dollar 5 days ago

    Mumbai: Indian rupee on Thursday plummeted to 61.93 and closed 42 paise down at over seven-month low of 61.83 against the greenback on heavy capital outflows and a spike in demand for US dollars. The dollar index was up by a whopping 0.45 per cent against basket of six major...
  • India losing it's grip over cricket market? 5 days ago

    India has long dominated the international cricket market with the BCCI controlling majority of the International Cricket Council's revenues. But it might not be the case anymore. According to a media report, ICC's media rights deal shows that India's contribution to world cricket has fallen considerably. "After Star won the ICC...
  • Rupee falls 31 paise vs US dollar to one-week low of 61.41 1 week ago

    Mumbai: Tracking equity markets, the Indian rupee on Tuesday wiped out initial gains and ended 31 paise down at a one-week low of 61.41 against the greenback on fresh dollar demand from banks and importers. Persistent foreign capital outflows also affected the the rupee sentiment, forex dealers said. The rupee opened higher...
  • SEBI bars DLF, its chairman among others from securities markets for 3 years 1 week ago

    Mumbai: In a set back to the realty gaint DLF, the market regulator SEBI has barred the company and its chairman KP Singh along with vice chairman Rajiv Singh among others from securities markets for next 3 years after finding the company guilty of "active and deliberate suppression" of material...
  • Rupee down 15 paise against dollar in early trade October 10, 2014

    Mumbai: The rupee fell by 15 paise to 61.20 against the dollar in early trade on Friday due to fresh demand for the US currency from banks and importers amid a weak opening in local equities. Dealers said besides increased demand for the American currency from importers, the dollar's strength against...
  • Sensex plunges 340 points October 10, 2014

    Mumbai: Equity benchmarks erased some gains seen in previous session. The Sensex fell 339.90 points or 1.28 per cent to 26297.38, and the Nifty lost 96.80 points or 1.22 per cent to 7863.75 as the markets closed on Friday. About 1012 shares have advanced, 1903 shares declined, and 112 shares are...
  • Fed minutes lift Sensex 390 points; BHEL up 8 pc, Infosys Q2 eyed October 9, 2014

    Mumbai: Bulls finally found their feet on Dalal Street on Thursday. Equity benchmarks snapped three-day losing streak due to broadbased rally triggered by Fed chair Janet Yellen and the US Federal Reserve. Benchmarks recouped all its losses seen in previous three sessions. The 30-share BSE Sensex surged 390.49 points or...
  • Rupee jumps 31 paise against dollar in early trade October 9, 2014

    Mumbai: Extending its rising streak for the fourth straight day, the rupee surged by 31 paise to trade at two-week high of 61.09 against the dollar in early trade on Thursday at the Interbank Foreign Exchange on sustained selling of the US currency by exporters and banks. Forex dealers said besides...
  • Himachal Pradesh CM lays stone of vegetable marketing yard October 8, 2014

    Kullu: Himachal Pradesh Chief Minister Virbhadra Singh on Wednesday laid the foundation stone of a vegetable marketing yard to be built at a cost of Rs 7.17 crore at Bandrol. He said the yard would mainly benefit the fruit and vegetable growers of Kullu and Lahaul-Spiti districts. He said more such marketing...
  • Sensex closes flat; healthcare stocks plunge October 8, 2014

    Mumbai: A day after it fell around 300 points on negative global cues, a benchmark index of Indian equities markets provisionally closed on Wednesday's trade flat down 25.18 points or 0.10 per cent as healthcare, information technology (IT) and technology, entertainment and media (TECK) stocks fell. However, healthy buying was observed...
  • Sensex, Nifty fall 1 per cent; metals, capital goods, banks drag October 7, 2014

    Mumbai: The market extended its southward journey for the second trading session of the October month with the Sensex falling 296.02 points or 1.11 per cent to 26271.97 on Tuesday. The Nifty closed way below the 7900, down 93.15 points or 1.17 per cent to 7852.40. About 1120 shares advanced while...
  • Russia to stick to open market economy: Vladimir Putin October 3, 2014

    Moscow: Russia will adhere to an open market economy despite restrictions and sanctions imposed by other countries, President Vladimir Putin said on Thursday. "We will seek to make sure that Russia economy develops based on the open market. This strategic course remains unchanged," he said at the annual "Russia Calling" international...
  • Nifty ends below 7950; IT surges, Hero up, Maruti falls 3 per cent October 1, 2014

    Mumbai: The market ended a dull day of trade on a flat note. The Nifty ended tad below 7950 down 19.25 points at 7945.55 while the Sensex slipped 62.52 points at 26567.99. Oil & gas and FMCG stocks were beaten down while IT stocks gained on dollar strength. Wipro, Infosys, M&M,...
  • Microsoft to set up 3 data centres in India by the end of 2015 September 30, 2014

    New Delhi: Microsoft said it will offer commercial cloud services from local data centres in India by 2015 as the tech giant gears for competition for the estimated $2 trillion domestic market opportunity from rival firms like Google and IBM. The US-headquartered firm said it will set up 3 data centres...
  • Nifty ends below 8000; Sun Pharma & ITC up, Bankex in red September 30, 2014

    Mumbai: The Sensex ended up 33.40 points at 26630.51 and the Nifty was up 5.90 points at 7964.80. About 1370 shares advanced, 1532 shares declined, and 101 shares were unchanged. Sun Pharma, HDFC, Bajaj Auto, Maruti Suzuki and ITC were gainers. BHEL, ICICI Bank, Hindalco, Axis Bank and M&M...
  • Market opens flat ahead of RBI policy September 30, 2014

    Mumbai: The market has once again opened on a flat note on Tuesday ahead of RBI's monetary policy. The Sensex is down 6.91 points at 26590.20 and the Nifty down 10.10 points at 7948.80. About 364 shares have advanced, 198 shares declined, and 24 shares are unchanged. Dr Reddy's Labs,...
  • China customers willing to pay huge price in black market for iPhone 6 September 29, 2014

    The new iPhone 6 has been a sales blockbuster for Apple. It is not on sale in China yet but customers are so eager to use the new phone that they are willing to pay huge prices in the black market. ...
  • India has potential to become a $5 trillion economy, says BJP MP Jayant Sinha September 26, 2014

    New York: Bullish on India story of development, BJP MP and former investment manager Jayant Sinha said the country has potential to become a USD 5 trillion economy and its stock market can generate USD 3 trillion of wealth in the next ten years. Sinha, who was here at the...
  • S&P's India upgrade boosts markets; Sensex erases losses, up 158 points September 26, 2014

    Mumbai: The BSE benchmark Sensex on Friday recovered from its six-week low level to close 158 points higher, ending three days of losing string, after S&P's upgraded India's outlook to stable from negative. In a highly volatile trade, the 30-share index resumed lower and gradually moved downwards to a six-week intra-day...
  • Rupee down 7 paise versus dollar in early trade September 24, 2014

    Mumbai: The rupee lost 7 paise to 61.01 against the dollar in early trade at the Interbank Foreign Exchange market due to increased demand for the US currency from importers. Forex dealers attributed the rupee's fall to increased demand for the US currency from importers but dollar's weakness against other units...
  • Sensex closes flat; capital goods down September 24, 2014

    Mumbai: A day after a 430-point fall, a benchmark index of Indian equities markets provisionally closed Wednesday's trade flat -- down 31 points or 0.12 percent -- as capital goods, bank and consumer durables stocks slumped. Bearish sentiment in the market also loomed as the Supreme Court cancelled all the coal...
  • Rupee falls to 1-week low of 60.94 Vs US dollar as stocks drop September 23, 2014

    Mumbai: The Indian rupee on Tuesday depreciated by 12 paise to close at one-week low of 60.94 against the Greenback on month-end dollar demand from importers and steep fall in local equities. At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced lower at 60.93 a dollar from previous close...
  • Rupee ends a paisa down at 60.82 Vs dollar in lacklustre trade September 22, 2014

    Mumbai: In lacklustre trade, the Indian rupee today closed one paisa down at 60.82 against the US dollar on alternate bouts of demand and supply, snapping a fourday rising trend. At the Interbank Foreign Exchange market (Forex), the domestic unit commenced lower at 60.85 a dollar from previous close of 60.81....
  • Sensex closes above 100 points, consumer goods stocks gain September 22, 2014

    Mumbai: A benchmark index of Indian equities markets recovered after posting initial losses and closed above 100 points (provisional) in a volatile trade session on Monday. The session in which the market initially lost around 150 points, saw metal, healthcare and capital goods stocks lose. However, consumer durables, automobile, fast moving...