Markets

  • Nifty ends below 7950; IT surges, Hero up, Maruti falls 3 per cent January 16, 1410

    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 Yesterday

    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 Yesterday

    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 Yesterday

    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 2 days ago

    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 5 days ago

    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 5 days ago

    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 1 week ago

    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 1 week ago

    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...
  • Bullet News: Catch the day's top stories September 19, 2014

    Bullet News is CNNIBN's nonstop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Ananya Dasgupta September 19, 2014

    Catch the day's top stories with Ananya Dasgupta on India @ 9. ...
  • News 360: Xi Jinping wraps his first visit to India, will invest $20 billion September 19, 2014

    Chinese President Xi Jinping wraps up his first visit to India. Xi's landmark visit saw India and China reaffirm their commitment for mutual cooperation. China is investing $20 billion in India, and 12 agreements were signed on Thursday. ...
  • Alibaba IPO prices at top of range, raising $21.8 billion September 19, 2014

    Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday, in the latest sign of strong investor appetite for the Chinese ecommerce juggernaut. At that price, the IPO, one of the largestever, would give Alibaba a market...
  • Sensex recovers 139 points on hopes Fed will keep rates low September 18, 2014

    Mumbai: After two days of sharp losses, the benchmark Sensex on Thursday rebounded from threeweek lows and closed with a gain of 139 points in line with positive global markets on hopes Fed will retain its low interest rate regime and China will pump fresh funds in banks to boost...
  • Sensex rebounds over 138 points on hopes Fed will retain low rates September 17, 2014

    Mumbai: A benchmark index of Indian equities markets on Wednesday surged 131.16 points or 0.50 per cent up as metal stocks gained. All the sectors were trading in green and good buying was observed in metal, healthcare, consumer durables and capital goods sectors. The 30scrip Sensitive Index (Sensex) of the S&P Bombay...
  • Typhoon shuts down Hong Kong with strong winds, rain September 17, 2014

    Hong Kong: Hong Kong was shuttered on Tuesday as a powerful typhoon swept past the city, bringing strong winds and rain that caused flight disruptions and forced the closure of the stock market and container ports. Typhoon Kalmaegi, packing gusts of 125 kilometres (77 miles) per hour, was centred 400 kilometres...
  • Sensex falls over 244 points to close at 26,816.56 September 15, 2014

    Mumbai: Sensex fell over 244 points to close at 26,816.56 while Nifty ended 63.50 points down at 8,042 on Monday. Earlier on the day, the benchmark BSE Sensex tumbled over 185 points to dip below the 27,000mark in early trade on selling by funds and retail investors after industrial production growth...
  • Onion prices crashes in Karnataka, farmers gets just Rs 510 per kg September 13, 2014

    Bangalore: The price of onion has hit the bottom in Karnataka, the second largest onion growing state in India. The wholesale purchasing rate of the best onion (price the growers get) has gone down to Rs 15 per kg and other midlevel onions are being purchased from the farmers for...
  • Sensex, Nifty rangebound; Cipla rises 6 per cent, HDFC most active September 12, 2014

    Mumbai: The market ended a volatile session on a higher note. The Nifty managed to end above 8100, up 19.80 points at 8105.50 while the Sensex was up 65.17 points at 27061.04. Cipla, Bharti Airtel, Maruti, Sesa Sterlite and Hero Motocorp were top gainers in the Sensex. Among the top...
  • Sensex falls over 72 points to close below 27,000 for the first time in nearly two weeks September 11, 2014

    Mumbai: Sensex on Thursday fell over 72 points to close below the 27,000 mark for the first time in nearly two weeks. Reversing the early trend, the benchmark BSE Sensex dipped below the 27,000mark by falling over 126 points earlier in the day, largely on emergence of profitbooking in bluechip stocks....
  • Sensex logs worst drop in a month on profitbooking; Re at 61 September 10, 2014

    Mumbai: The benchmark Sensex on Wednesday logged its worst singleday fall in over a month as it slipped about 208 points to end at 27,057.41 hit by losses in bluechips, including RIL, Infosys and ITC, on sustained profitbooking after the recent rally and weak global cues. In addition, the rupee dipped...
  • British markets spooked by poll showing Scots may vote to break up UK September 9, 2014

    London: British financial markets tumbled on Monday after an opinion poll showed for the first time that Scots may vote for independence in a referendum next week, breaking up the United Kingdom. The survey prompted concern bordering on panic among Britain's ruling elite, with Prime Minister David Cameron's Conservativeled government promising...
  • Market closes in red; Sensex drops over 54 points; Nifty 21 points September 9, 2014

    Mumbai: Retreating from record highs, the Sensex and the Nifty on Tuesday fell by about 54 points and 21 points respectively on profitbooking in recent outperformers like ICICI Bank, Infosys, L&T and ONGC, amid caution in view of the hearing of coal blocks case in the Supreme Court. The BSE Sensex,...
  • Sensex ends 293.15 points up at new high of 27,319.85; Nifty gains 87.05 points September 8, 2014

    Mumbai: Stock markets on Monday hit fresh highs with Sensex rising 293.15 points and the Nifty surging 87.05 points to end at new peaks on the back of gains in refinery, IT, metal and capital goods shares amid robust fund inflows. In step with share market, the rupee also firmed up...
  • One held with heroin worth Rs 80 lakh September 5, 2014

    New Delhi: A 32yearold man has been arrested with 300 gm of heroin valued at Rs 80 lakh in the international market, police said on Friday. Mohammad Arif was arrested on Wednesday near Vijay Ghat in central Delhi where he went to supply the drug to his contact. Arif, who hails from...
  • Rupee logs fifth straight weekly rise against US dollar September 5, 2014

    Mumbai: The rupee fell back by three paise to end at 60.39 against the US dollar but managed to log its fifth straight weekly rise on account of recent gains. The rupee commenced lower at 60.44 a dollar from previous close of 60.36 at the Interbank Foreign Exchange (Forex) market. It...
  • Sensex ends 59 points lower at 27,026.70 September 5, 2014

    Mumbai: The benchmark Sensex on Friday fell 59.23 points to end at 27,026.70, its second straight session of decline after logging new highs earlier this week, on losses in bluechips including HDFC, ICICI Bank, Hero MotoCorp and Tata Motors amid a weak global trend. Domestic stock markets opened on a better...