MARKETS

  • Microsoft to take on Google Chromebooks with $149 Windows 10 laptops: Report 10 hours 51 minutes ago

    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 12 hours 9 minutes ago

    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 12 hours 12 minutes ago

    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...
  • How to survive in less than Rs 100 at the Sector 18 market in Noida 2 days ago

    Summers are here and there is no good reason for anyone to step outside in this ghastly heat. Barring a few. We at IBNLive decided to crank it up a notch. Bot only would we have to survive the cruel sun, we would also have to do that with only...
  • Sensex breaks 7-day losing trend, but volatility continues 3 days ago

    Mumbai: The benchmark BSE Sensex on Friday ended at 27,458.64, up by a marginal 1.06 points to technically snap the seven-session losing streak in a highly volatile trade amid continuing geo-political tensions. The NSE Nifty, however, settled the day in the red at 8,341.40, ending the week on a negative...
  • Rupee rebounds 26 paise against dollar; snaps 2-day losses 3 days ago

    Mumbai: Snapping its two-day losing streak, the rupee today recovered 26 paise to end at 62.41 against the American currency on fresh selling of dollars by banks and exporters amid weakness in the greenback overseas. The rupee resumed lower at 62.80 as against the yesterday's closing level of 62.67 on...
  • Rupee falls 31 paise against dollar in early trade 4 days ago

    Mumbai: The rupee weakened by 31 paise to 62.64 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange on month-end demand for the American currency from banks and importers. Forex dealers attributed the fall in the rupee to increased demand for the dollar from importers and...
  • Sensex closes 654 points down on Thursday, bank stocks plunge 4 days ago

    Mumbai: Negative global cues and future and options (F&O) expiry led a benchmark index of Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), to close on Thursday's trade down 654 points or 2.33 per cent. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed trade in the...
  • Sensex falls for 6th day, down 50 points to nearly 10-week low 5 days ago

    Mumbai: Ahead of March derivative contract expiry, the benchmark Sensex on Wednesday closed 50 points down to nearly 10-week low of 28,111.83 on losses in capital goods, power and metal stocks, extending its string of losses to the sixth straight session. Sensex constituents such as L&T, SBI, TCS, NTPC, ONGC, GAIL,...
  • Nasdaq to provide technology for trading bitcoins: Report 6 days ago

    Bangalore: Nasdaq OMX Group Inc agreed to provide a startup the core technology to power a marketplace for trading bitcoins and related digital-currency assets, the Wall Street Journal reported. New York-based startup Noble Markets will use Nasdaq's X-stream trading system, which is used by more than 30 exchanges and marketplaces worldwide,...
  • Sensex slips for 5th day; Tata Motors down 3.4%, banks drag 6 days ago

    Mumbai: The market extended its southward journey for the fifth consecutive session on Tuesday. The Sensex lost 30.30 points to 28161.72 and the Nifty fell 7.95 points to 8542.95. About 1111 shares have advanced, 1701 shares declined, and 182 shares are unchanged on the BSE. Banks pulled the market down...
  • Rupee up 19 paise vs dollar; logs longest winning streak since 2012 1 week ago

    Mumbai: The Indian rupee on Monday strengthened by 19 paise against US dollar in its sixth straight day of rise -- its longest winning run since 2012 -- to end at 62.27 on sustained selling of the greenback by banks and exporters amid foreign capital inflows. The rupee resumed slightly higher...
  • India's fashion e-retail market to touch $35 billion mark by 2020: Google March 20, 2015

    New Delhi: Increasing Internet penetration and growing preference for online shopping is expected to help the online fashion retail market touch $35 billion by 2020, Google India today said. Fashion retail on e-commerce portals is expected to constitute 35 per cent of the total online retail revenue generated in India by...
  • Sensex, Nifty end lower; NTPC tanks 6 per cent March 20, 2015

    Mumbai: The market ended lower dragged mostly by capital goods and FMCG stocks. The Sensex is down 208.59 points or 0.7 per cent at 28261.08. The Nifty is down 63.75 points or 0.7 per cent at 8570.90. About 770 shares have advanced, 2104 shares declined, and 168 shares are unchanged....
  • Rupee gains for the 4th day vs US dollar, up 17 paise on Federal stance March 19, 2015

    Mumbai: Extending its string of gains to the fourth straight session, the Indian rupee on Thursday appreciated by 17 paise to end at 62.52 against US dollar after the Federal Reserve's dovish stance on rates eased outflow concerns. Persistent selling of dollars by banks and exporters due to weakness of dollar...
  • Sensex sheds 152 points, Nifty weak March 19, 2015

    Mumbai: The market ended lower. The Sensex was down 152.45 points or 0.5 per cent at 28469.67 and the Nifty slipped 51.25 points or 0.6 per cent at 8634.65. About 1123 shares advanced, 1714 shares declined and 195 shares were unchanged. Axis Bank, BHEL, SBI, Reliance and ICICI Bank were...
  • Rupee ends almost flat vs dollar ahead of Fed policy outcome March 18, 2015

    Mumbai: The Indian rupee on Wednesday ended almost flat against the dollar at 62.69 ahead of the US Federal Reserve's monetary policy statement that could shed light on the timing of interest rate hikes. The rupee resumed slightly higher at 62.68 per dollar as against the last closing level of 62.70...
  • Sensex slips 114 points ahead of US Fed policy meeting outcome March 18, 2015

    Mumbai: After rising over 70 points in initial trade, the benchmark Sensex on Wednesday fell back to close over 114 points down at 28,622.12 on caution ahead of the Federal Reserve's monetary policy statement. While the Fed is not expected to announce any hike in rates tonight, traders are keeping a...
  • Sensex rebounds 299 points on hopes US Fed won't hike rates soon March 17, 2015

    Mumbai: Tracking positive global cues, the benchmark Sensex on Tuesday logged its first rise in three days, gaining about 299 points to end at 28,736.38 as a batch of tepid US economic indicators triggered hopes that Fed will not raise interest rates soon. In a highly volatile session, initial sharp...
  • Rupee rises by 16 paise to end at 62.81 against US dollar March 16, 2015

    Mumbai: Bucking a fall in stocks, the Indian rupee on Monday gained 16 paise to end at 62.81 against the American currency on fresh selling of dollars by banks and exporters. While the US dollar hit 12-year high against the Euro earlier in the day ahead of Fed policy meet,...
  • Sensex at one-month low, down 65 points on profit-booking March 16, 2015

    Mumbai: In a volatile trade, the benchmark Sensex on Monday fell over 65 points to hit an over one-month low of 28,437.71 on profit-booking in metal, FMCG, oil & gas and power stocks ahead of the US Federal Reserve's policy meet. The 30-share Sensex after hitting a session high of...
  • Sensex nosedives 427 points as inflation rise hits rate cut hopes March 13, 2015

    Mumbai: Indian benchmark indices hit their lowest levels in a month on Friday with the Sensex tanking 427 points to 28,503.30 and the Nifty plunging 128 points to 8,647.75 due to intense selling pressure after rise in retail inflation dashed hopes of aggressive interest rate cuts. The selling was indiscriminate...
  • Sensex firm, Nifty opens above 8750 March 12, 2015

    Mumbai: The market has opened firm with the Sensex gaining 151 points at 28803.50. The Nifty is at 8752, up 50.75 points. About 702 shares have advanced, 136 shares declined, and 93 shares are unchanged. SBI, ICICI Bank, BHEL, Sesa Sterlite and HDFC are top gainers in the Sensex. Among...
  • Manipur: 4 killed, 23 injured in a bomb blast at Imphal market complex March 11, 2015

    Imphal: Four persons were killed and 23 others injured in a powerful bomb blast at Imphal market complex on Wednesday. The incident took place at around 6 PM. The injured were taken to Regional Institute of Medical Science Hospital for treatment, where condition of some was stated to be serious. No individual...
  • Rupee hits fresh two-month low of 62.78 March 11, 2015

    Mumbai: In line with local equities, the rupee on Wednesday dipped for the third straight session and eased by two paise to close at fresh two-month low of 62.78 against greenback on sustained demand for US dollar from importers. Continued slide in local equities amid fresh withdrawal of funds by...
  • Sensex drops for 3rd day; ends 50 points lower; Hindalco tumbles March 11, 2015

    Mumbai: Extending its fall to the third straight session, the benchmark Sensex closed down by over 50 points at fresh one-month low of 28,659.17 on Wednesday on selling in metal, healthcare, oil & gas and capital goods stocks amid sustained fund outflows. In volatile movements, the 30-share BSE index opened...
  • Rupee hits two-month low, down 21 paise against US dollar at 62.76 March 10, 2015

    Mumbai: Tracking weak stocks, the rupee on Tuesday fell 21 paise to end at two-month low of 62.76 against the greenback on sustained dollar demand from importers amid US rate hike concerns. A smart rise in dollar index against its major rivals also put pressure on the rupee. There was...
  • Sensex down 109 points or 0.38 per cent on Tuesday's trade March 10, 2015

    Mumbai A day after it fell more than 600 points, a benchmark index of Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), provisionally closed on Tuesday's trade down 109 points or 0.38 per cent. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed the day's trade provisionally...
  • Sensex, Nifty log biggest drop in 3 months on US rate hike fears March 9, 2015

    Mumbai: Indian markets on Monday logged their biggest drop in 3 months with benchmark Sensex tanking 604 points to end below 29,000 mark and the Nifty index slipped 181 points to fall below 8,800 level on fears that an earlier-than-expected rate hike by US will hit fund inflows. It was a...
  • India not taking action against notorious markets: US March 6, 2015

    Washington: India has not taken meaningful and effective action against notorious markets like the Nehru Place in New Delhi where counterfeit products are openly sold, the US has alleged. "Numerous markets in India have appeared in past Lists, with no identified meaningful, effective response by the Indian government," the US Trade...