MARKETS

  • Rupee hits three and half month low of 63.56 per dollar, down 24 paise against dollar Yesterday

    Mumbai: Continuing its losing streak for the second straight session, the rupee on Friday closed at a fresh three-and-a-half month low of 63.56 against the US dollar after plunging to 63.64 in intra-day trade on sustained demand for the American currency from importers amid weaker equities. After touching an intra-day low...
  • Indian Rupee plunges to over three month low of 63.32 against dollar 2 days ago

    Mumbai: The rupee on Thursday plummeted to an over three-month low of 63.32 by losing 50 paise against the US dollar on renewed demand for the American currency from banks and importers amid foreign capital outflows in the equity market. The domestic currency on Thursday opened lower at 62.95 as against...
  • Rupee gains for second session; up 3 paise against dollar 3 days ago

    Mumbai: The rupee rose by seven paise at 62.78 against the US dollar in early trade on Wednesday at Interbank Foreign Exchange on sustained selling of the American currency by exporters. The domestic currency had ended six paise higher at 62.85 against the Greenback on dollar selling by banks after falling...
  • Sensex rebounds by 214 points on value-buying 3 days ago

    Mumbai: Ending five-day losing streak, the benchmark BSE Sensex on Wednesday rebounded by over 214 points to 27,890.13 on value-buying in capital goods, pharma and banking stocks as sentiment improved after Saudi Arabia ended its military campaign in Yemen. Sentiment were also buoyed after Finance Minister Arun Jaitley said GST bill...
  • Sensex slips 210 points, Nifty below 8400 4 days ago

    Mumbai: The market ended in red as the Sensex is down 210.17 points or 0.7 per cent at 27676.04. The Nifty is down 70.35 points or 0.8 per cent at 8377.75. About 1324 shares have advanced, 1377 shares declined, and 188 shares are unchanged. Wipro, Axis Bank, Sesa Sterlite, SBI...
  • Sensex, Nifty nosedive to over 3-wk low on tax issue concerns 5 days ago

    Mumbai: Aggressive selling by foreign funds on tax concerns bogged down markets today as the benchmark BSE Sensex plunged by more than 555 points to over three-week low of 27,886.21, while sharp fall in heavyweights like RIL, Infosys and weak global cues added to the fall. The 50-share Nifty nosedived 157.90...
  • Sensex closes over 220 points down April 17, 2015

    Mumbai: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), provisionally closed over 220 points down during Friday's trade session. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed the day's trade in the red. It was down 100.70 points or 1.16 percent at 8,606...
  • Sensex slips 134 points, Nifty holds 8700 April 16, 2015

    Mumbai: The market continued to see selling pressure for the second consecutive session on Thursday. The Sensex fell 133.65 points to 28666.04 and the Nifty shed 43.50 points to 8706.70. About 1091 shares have advanced, 1711 shares declined, and 170 shares are unchanged on the BSE. Hero Motocorp, Sun...
  • US dollar ended lower against the rupee at 62.36 per dollar April 15, 2015

    Mumbai: The rupee snapped its two-day losing streak against the American currency, firming up by 15 paise to close at 62.36 per dollar on fresh selling by banks and exporters on the back of lower dollar in the overseas markets. The rupee opened sharply higher at 62.38 per dollar against the...
  • Sensex falls 245 points, Nifty ends at 8750 April 15, 2015

    Mumbai: The market saw steep fall in late trade with the Sensex losing 244.75 points to 28799.69 and the Nifty declining 83.80 points to 8750.20. Even the broader markets snapped 10-day winning streak, falling more than half a per cent. About 1376 shares have advanced, 1492 shares declined, and 151...
  • Why should telecom companies control what I do on the net: Aditi Mittal April 13, 2015

    The Internet is under threat in India as telecom operators have gone to the Telecom Regulatory Authority of India (TRAI) to allow them to block apps and websites and charge money from both consumers and businesses to the detriment of users. "We are a huge telecom market. Why should telecom...
  • IIP data lifts Sensex to 29,000-mark, Nifty above 8,800 April 13, 2015

    Mumbai: The benchmark BSE Sensex on Monday regained 29,000-level to settle at over one-month high of 29,044.44 by rising 165.06 points, whereas NSE Nifty rose for the seventh straight session mainly on account of better-than-expected IIP data. Country's industrial production grew at a nine-month high of 5 per cent in February...
  • Apple, Samsung lose market share despite being top smartphone makers April 13, 2015

    New Delhi: Even as the two smartphone makers are the leaders in the market, Apple and Samsung have faced a dip in their market share. According to the latest data by comScore, both the tech companies witnessed a dip in their market share in the three months to February. Apple's market share...
  • Rupee weakens 15 paise against dollar in early trade April 10, 2015

    Mumbai: The rupee depreciated by 15 paise to 62.39 against the dollar in early trade on Friday on the Interbank Foreign Exchange as the American currency firmed up overseas on upbeat US jobs report. Besides, increased demand for the dollar from importers and a lower opening in the domestic equity market...
  • Sensex, Nifty close flat; Reliance up for 4th straight day April 10, 2015

    Mumbai: The market has seen consolidation on Friday after rising for last five consecutive sessions on short covering. The Sensex fell 5.83 points to 28879.38 and the Nifty gained 2.05 points at 8780.35. However, the broader markets remained favourite for buyers as the BSE Midcap gained 0.4 per cent and...
  • Rupee ends flat to close at 62.24 against US dollar April 9, 2015

    Mumbai: In restricted trading, the rupee ended steady at 62.24 against dollar due to uneven demand and supply transactions of the American currency from banks. The rupee resumed higher at 62.18 per dollar compared with the last closing level of 62.24 at the Interbank Foreign Exchange (Forex) market and firmed up...
  • Sensex climbs 177 points as Moody's upgrade lifts bank stocks April 9, 2015

    Mumbai: The benchmark BSE Sensex extended its winning run to the fifth session on Thursday, rising over 177 points to end at nearly four-week high of 28,885.21, after Moody's upgraded India's outlook to 'positive' from 'stable'. Lenders led the rise with Axis Bank, SBI, HDFC Bank, ICICI Bank rallying in the...
  • Rupee inches up by 2 paise to close at 62.24 against US dollar April 8, 2015

    Mumbai: The rupee ended marginally higher by two paise at 62.24 against the American currency on fresh selling of dollars by banks and exporters due to weakness of greenback in the international market. Sustained foreign capital inflows into equity markets also boosted the rupee against dollar, a forex dealer said. The domestic...
  • Sensex rises for 4th straight day; up 191 points April 8, 2015

    Mumbai: Logging its fourth consecutive rise on Wednesday, the benchmark BSE Sensex ended over 190 points higher at 28,707.75, mainly led by gains in Reliance, Infosys and Coal India amid sustained foreign fund inflows. Rate-sensitive banking, realty and capital goods shares were back in the action after some banks cut...
  • Sensex ends higher; banks drag as RBI keeps rates unchanged April 7, 2015

    Mumbai: Banks stocks remained subdued on Dalal Street on Tuesday after RBI's status quo policy, but a dramatic late recovery helped equity benchmarks close higher for the third consecutive session. Meanwhile, the rally in broader markets continued. The 30-share BSE Sensex rose 12.13 points to 28516.59 and the 50-share NSE...
  • Apple iPhones eat up Xiaomi's smartphone market share in China: Survey April 6, 2015

    New Delhi: Apple is strengthening its foothold in China's smartphone market with a latest survey pointing towards a rise in the company's market share from December 2014 to February 2015. The survey of 15,000 mobile phone users was conducted by consumer research firm Kantar Worldpanel and indicated a rise in the...
  • Nifty ends above 8650, RBI policy eyed April 6, 2015

    Mumbai: The market saw major buying interest in last couple of hours of trade on Monday. The Sensex rallied 244.32 points or 0.86 percent to 28504.46 and the Nifty climbed 73.65 points or 0.86 per cent to 8659.90. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices...
  • Rupee rises by another 30 paise against dollar April 6, 2015

    Mumbai: The rupee ended higher by another 30 paise to 62.19 against the American currency today on sustained selling of dollars by banks and exporters on hopes of foreign capital inflows in view of strong equity market. The local currency has now gained 48 paise or 0.77 per cent in the...
  • Mercedes-Benz closes in on Audi for top slot in Indian luxury car market in FY 2014-15 April 3, 2015

    New Delhi: Race for the top slot in the Indian luxury car market is hotting up with Mercedes-Benz closing in on German rival Audi in the fiscal 2014-15. Audi, the market leader, posted a record sales in 2014-15 with 11,292 units, up 11.51 per cent, from 10,126 units sold in...
  • Petrol prices cut by 49 paise/litre, diesel by Rs 1.21 from Wednesday midnight April 1, 2015

    New Delhi: After two consecutive hikes, petrol prices were on Wednesday cut by 49 paise per litre and diesel by Rs 1.21 a litre on softening international oil rates. The reduction in rates will be effective from Wednesday midnight. Prices of petrol in Delhi will be Rs 60 a litre from Thursday...
  • Sensex closes 303 points up April 1, 2015

    Mumbai: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), made healthy gains during Wednesday's session to provisionally close the day's trade 303 points or 1.08 per cent up. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also made gains during the day's trade. It...
  • Sensex falls 18 points, gauge climbs 25 per cent in fiscal 2014-15 March 31, 2015

    Mumbai: The benchmark Sensex on Tuesday inched lower by about 18 points to close at 27,957.49, wrapping up 2014-15 with hefty 25 per cent gain -- its best performance in six fiscal years -- buoyed by foreign investments after the Narendra Modi-led government took charge. After jumping 205 points in early...
  • Microsoft to take on Google Chromebooks with $149 Windows 10 laptops: Report March 30, 2015

    New Delhi: The growing popularity of budget Chromebooks by Google has seemingly threatened Microsoft, which is why the software giant is reportedly developing affordable laptops that will run its upcoming Windows 10 OS. The inexpensive laptop is likely to carry a price tag of $149 and use Intel's Bay Trail...
  • Rupee falls 26 paise on fresh dollar demand March 30, 2015

    Mumbai: The rupee on Monday ended lower by 26 paise at 62.67 against the US currency due to renewed month-end demand from importers for the dollar. Fresh capital outflows and dollar gains in overseas markets also weighed on the rupee, while strong rebound in local equities restricted the rupee's fall,...
  • Sensex soars 517 points, logs biggest gain in over 2-months March 30, 2015

    Mumbai: The benchmark BSE Sensex on Monday surged by over 517 points-- its biggest one-day gain in nearly two-and-a-half months-- to end at 27,975.86 on across-the-board buying amid firm global cues. Brokers attributed the the steep rise to value buying from an "over-sold" position after persistent fall in stock prices...