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Rupee up 13 paise against dollar in early trade

Mumbai: Continuing its gains for the third consecutive session, the rupee on Thursday rose by 13 paise to 53.67 against the dollar in early trade on the Interbank Foreign Exchange market, on sustained selling of the US currency by exporters. Forex dealers said euro's gains against the dollar after the US Federal Reserve opted to keep its easy-money policies in place on the back of lacklustre economic data, also supported...  

Sensex hits three-month high ahead of RBI meet

Mumbai: The BSE benchmark Sensex on Thursday jumped 232 points to close at three-month high of 19,735.77 led by funds buying in bluechips on expectations of rate cut by the RBI on Friday. The Sensex spurted by 231.59 points, or 1.19 per cent to 19,735.77, a level last seen on February. With the firming trend, the broad-based National Stock Exchange index Nifty hit a psychological 6,000 level before ending with...  

Sensex hits 6-week high; rises 117 points led by HUL

Mumbai: The BSE benchmark Sensex on Tuesday rose 117 points to close at a six-week high of 19,504.18 on funds buying in blue chips led by FMCG stocks such as Hindustan Unilever after its parent company Unilever Plc announces open offer to hike stake in its Indian arm to 75 per cent. The Sensex rose by 116.68 points, or 0.60 per cent, to 19,504.18, a level last seen on March...  

Nifty ends 100 points up; ITC hits life high, IT stocks gain

Mumbai: Key equity benchmarks closed in green after consolidating for most part of the day. The action was by and large limited around the stocks that had declared their results. Positive regional shares helped the Nifty to close above 5900 mark once again. Broking house Religare expects to see some correction in Indian stocks in May due to macroeconomic headwinds. The May selloff is likely despite the satisfactory January-March corporate...  

Sensex closes 120 points down; banks, realty stocks take a breather

Mumbai: Key equity benchmarks closed in red on the first day of the new derivatives expiry.Indices have gained over 6 per cent in the last fortnight and seems like traders have lightened their positions in the realty and banking stocks ahead of the monetary policy review on May 3. IT stocks were biggest laggards this week. The Sensex closed at 19286.72 down 120 points and the Nifty ended at 5871.45...  

Sensex ends 227 points up; auto, pharma do well

Mumbai: Key equity benchmark indices closed with hefty gains on expiry day. The Nifty closed at one-month high led by index heavyweights like GAIL, Tata Motors, Dr. Reddys, Axis Bank and NTPC. The Nifty gained close to 4 per cent in the April series. Midcap and smallcap stocks also performed well. Bank Nifty was the star performer with massive 12 per cent gains in this series. The hopes of rate...  

Sensex ends flat on profit-booking ahead of RBI monetary policy

Mumbai: The BSE benchmark Sensex on Tuesday ended flat with a small rise of 10 points as cautious investors indulged in profit-booking ahead of the monthly settlement in derivatives segment and the RBI monetary policy meet on May 3. Trading sentiment further influenced on a weakening Asian trend but better opening in Europe supported the market to end in a positive zone for the third straight day. The Sensex rose...  

Sensex up 153 points to one-month high

Mumbai: The BSE benchmark Sensex on Monday climbed 153 points to close at one-month high level of 19,170 on funds buying in financial and interest sensitive stocks as slowing inflation and lower commodity prices raised hopes of a rate cut by RBI, amid a firming global trend. The Sensex rose 153.37 points, or 0.81 per cent, to close at 19,169.83, a level matching with March 18, led by buying in...  

Nifty at one-month high, Sensex ends above 19,000

Mumbai: The Nifty closed at its highest level in a month on Thursday, led by gains in rate-sensitive stocks such as HDFC after exports data stoked rate-cut hopes. The BSE benchmark index ended above the 19,000 level for the first time since April 2, while the benchmark 10-year bond yields fell to their lowest since July 28, 2010. Gains also tracked a rebound in European shares as this week's brutal...  

Sensex snaps rising trend, dips 14 points

Mumbai: In a volatile trade, the BSE benchmark Sensex on Wednesday declined by 14 points on fag-end selling by funds in heavyweights like RIL, HDFC and TCS amid a weak global trend. Snapping two-days of gaining trend, the Sensex fell 13.77 points, or 0.07 per cent, to close at 18,731.16. The gauge touched the day's high of 18,869.88. The index had recorded a biggest climb in last session. Similarly, the...  

Rupee up 19 paise against dollar in early trade

Mumbai: The rupee on Tuesday gained 19 paise to 54.43 against the dollar in early trade at the Interbank Foreign Exchange on Tuesday on increased selling of the US currency by exporters. Besides, strengthening of yen and euro against the dollar in overseas market and a higher opening in the equity market also supported the rupee, forex dealers said. The rupee had lost 10 paise to close at 54.62 on...  

Sensex registers biggest gain in 7 months, surges 387 points

Mumbai: The BSE benchmark Sensex on Tuesday surged 387 points, its biggest gain in seven months, to end at 18,744.93 led by banking, auto, power and realty scrips on hopes of aggressive rate cut by RBI and likely relief on CAD front due to falling gold and oil prices. Rising for the second day, the 30-share Sensex rose to the day's high of 18,771.33. It finally ended the day at...  

Sensex gains 115; gold, silver hit multi-year low

Mumbai: The market ended on a strong note on Monday after inflation data hit a fresh 40-month low at 5.96 per cent. Core inflation data was also below 4 per cent. Banking stocks closed with smart gains on hopes of a rate cut by the central bank on May 3. The Sensex closed at 18357 up 115 points and the Nifty ended at 5568 up 39 points. Gold prices took...  

Sensex hits seven-month closing low; Infosys slumps

Mumbai: The BSE Sensex fell to its lowest close in seven months on Friday after Infosys' lower-than-expected revenue guidance raised concerns about the outlook for the software services exporting sector. The Sensex provisionally fell 1.7 per cent to its lowest close since September 13, 2012. The Nifty fell 1.2 per cent. Infosys Ltd provisionally fell 22.1 per cent, marking its biggest single-day fall since April 4, 2003. ...  

Sensex at one-week high; rises 128 points

Mumbai: The BSE benchmark Sensex on Thursday rose 128 points to close at nearly one-week high of 18,542 level led by buying in realty, IT and banking stocks ahead of the earning season beginning tomorrow with Infosys. Rising for the second day in row, the Sensex closed 127.75 points, or 0.69 per cent, up to 18,542.20, a level last seen on April 4. The index had gained 188 points in...  

Sensex snaps losing trend, rises 188 points

Mumbai: Snapping a five-day losing trend, the BSE benchmark Sensex on Wednesday recovered by 188 points led by buying in blue-chips such as HDFC, Infosys and TCS, amid a firming global trend. The Sensex rose 187.97 points, or 1.03 per cent, to close at 18,414.45. The index had lost 815 points in the last five session to trade at seven-month low. In a volatile trade, the gauge had touched the...  

Sensex plunges 211 points to 7-month low

Mumbai: After rising nearly 128 points in early trade on positive global cues, the BSE benchmark Sensex on Tuesday closed 211 points down to seven-month low of 18,226 on all-round selling led by IT and oil and gas sector stocks. Erasing initial gains, the 30-stock index fell for the 5th straight session by losing 211.30 points, or 1.15 per cent to 18,226.48, its lowest level since September 13, 2012. The...  

Rupee up by 8 paise against dollar in early trade

Mumbai: The rupee edged higher by 8 paise to 54.73 against the US dollar in early trade at the Interbank Foreign Exchange on Monday on increased selling of the American currency by exporters and banks. Besides, strengthening of euro against the dollar in overseas market and a higher opening in the equity market supported the rupee, forex dealers said. The rupee had gained 6 paise to close at 54.81 in...  

Sensex end 12 points down, Bharti Airtel up 4 pc on SC relief

Mumbai: Key equity benchmarks ended a listless day of trade in the red. The BSE benchmark Sensex ended down 12.45 points at 18437.78, after touching an intraday low of 18,504.48. The NSE benchmark Nifty closed down 10.30 points at 5542.95. Shares of Bharti Airtel ended up nearly 4 per cent after the Supreme Court on Monday, allowed India's largest telecom operator, along with Vodafone and Idea Celluar, to maintain pacts...  

Sensex falls for third day on foreign selling concerns

Mumbai: The Nifty is consolidating around 5550 after breaching it on the downside during the day. Blue chip stocks like L&T, JP Associates, Reliance Industries took a breather in trade today after heavy battering in previous sessions. The Nifty has lost 173 points or 3 per cent in last two days. FIIs have turned net sellers in the market pulling out close to Rs 700 crore in the same period....