MARKET

  • Nifty rises to record high above 9,000; Sensex at over 1 month peak 4 hours 32 minutes ago

    Mumbai: Rising for the fourth session, the benchmark Sensex on Tuesday jumped 134.59 points to end at over one-month high of 29,593.73 and the NSE's Nifty breached the 9,000-mark for the first time on the back of foreign buying in RIL, Cipla, Sun Pharma and TCS shares. The Nifty, after...
  • Nifty hits new peak, Sensex up 97 points on Budget cheer Yesterday

    Mumbai: The benchmark Sensex on Monday continued its upward journey for the third straight session, rising over 97 points higher to end at 29,459.14 while the Nifty index closed at a new peak of 8,956.75 led by surge in capital goods and banking shares boosted by Budget proposals. Barring Maruti Suzuki,...
  • Budget 2015: Nifty at 1-month closing high, Sensex up 141 points; banks soar 3 days ago

    Mumbai: After a volatile day, the market ended Budget day trading on a higher note. The Nifty was at a 1-month closing high. The 50-share index was up 57.25 points at 8901.85. The Sensex ended up 141.38 points. About 1241 shares have advanced, 1494 shares declined, and 220 shares are...
  • India Inc, Stock Market have huge expectation from Budget 3 days ago

    The Union Budget on Saturday will be looked upon by the India Inc as well as the stock market with high hopes. ...
  • Tax rationalisation is a must to bring more investment into India: NITI Aayog V-C Arvind Panagariya 3 days ago

    Ahead of Union Budget, NITI Aayog Vice Chairman Arvind Panagariya in an interview with Network18 said that the tax rationalisation is a must to bring more investment into India. ...
  • Campus calling: Healthcare sector must be given special importance in Budget 2015 4 days ago

    Ahead of Budget 2015, CNN-IBN's Kajori Sen visits Indian School of Business in Hyderabad and asks students, what they would implement in the Budget if they were the Finance Minister of India. ...
  • Markets riding for a fall unless Union Budget 2015 delivers 4 days ago

    Mumbai: Investors in India say the government's first full budget must find a way to boost capital spending while exercising fiscal restraint, or a subsequent sell-off in debt and equities could destabilise the rupee, risking a return to levels seen in 2013. Prime Minister Narendra Modi's election victory nine months ago...
  • Rupee falls 10 paise against dollar in early trade on Friday 4 days ago

    Mumbai: The rupee weakened by 10 paise to 61.85 against the US dollar in early trade at the Interbank Foreign Exchange due to rise in the Greenback's value against other currencies overseas. Forex dealers attributed the rupee's fall to month-end demand for the American currency from importers as well as the...
  • Sensex, Nifty surge after Eco Survey boosts Budget hopes 4 days ago

    Mumbai: Ahead of Modi government's first full Budget, the benchmark Sensex on Friday logged its best daily gain in almost six weeks, spurting 473.47 points to 29,220.12 after the Economic Survey made a strong pitch for big-bang reforms while projecting faster growth and improved fiscal situation. The BSE Sensex opened at...
  • Rupee hits fresh 3-week high, gains 22 paise to end at 61.75 vs US dollar 5 days ago

    Mumbai: Bucking a weak trend in Indian stocks, the rupee on Thursday surged by 22 paise to close at a fresh three-week high of 61.75 against the US currency on persistent selling of dollars by banks and exporters. Debt-related inflows also continued to support the rupee which rose for the third...
  • Rail Budget dampner, Nifty ends at 8684 5 days ago

    Mumbai: The Rail Budget failed to enthuse investors dragging the market after Minister Suresh Prabhu hiked freight rates. February F&O expiry also added pressure in the market. The Nifty ended F&O expiry at 8683.85, down 83.40 points or 0.9 per cent. The Sensex lost 261.34 points or 0.9 percent at...
  • Uinon Budget 2015: Fiscal stimulus averaging 1 per cent of GDP will be good, says Edelweiss 6 days ago

    It's just a few days left for the Union Budget and expectations are running high. Nirav Sheth, head of sales & strategy - Wholesale Capital Markets - Edelweiss Financial Services, feels the market would be looking at the whole package and not just one or two key announcements. According to...
  • Mutual fund investors cannot buy or sell on Budget day 6 days ago

    New Delhi: Investors will not able to buy and redeem mutual fund units on February 28 even as stock markets remain open on Saturday when Finance Minister Arun Jaitley will present the much-awaited Union Budget. "It will be a non-business day for mutual funds on the Budget day. An investor cannot...
  • Android dominant in two-horse smartphone race with 81.5% market share 6 days ago

    Washington: Google Android dominated the global smartphone market in 2014, holding an 81.5 per cent market share, with Apple's iOS second and no strong third player, market tracker IDC said Tuesday. Despite Apple's late surge on its newly released iPhones, the California giant saw its market share for the year drop...
  • Indian smartphone market declines for the first time in Q4 2014: Report 1 week ago

    New Delhi: In a first, the country's smartphone market fell by 4 per cent in the October-December period last year as compared with the previous quarter, research firm IDC said today. Overall, mobile phone shipments in one of the world's fastest growing handset markets stood at 64.3 million units in Q4...
  • Markets riding for a fall unless budget delivers 1 week ago

    Mumbai: Investors in India say the government's first full budget must find a way to boost capital spending while exercising fiscal restraint, or a subsequent sell-off in debt and equities could destabilise the rupee, risking a return to levels seen in 2013. Prime Minister Narendra Modi's election victory nine months ago...
  • Brokerages expect Budget to stay firm on fiscal consolidation 1 week ago

    New Delhi: Expecting the upcoming Budget to stay firm on the fiscal consolidation roadmap, brokerage firms believe that higher allocation can be made for capital expenditure amid a sharp decline in oil subsidy bill. "We expect the government to continue on path of fiscal consolidation, budgeting for fiscal deficit of...
  • Sensex, Nifty end flat; FMCG & cap goods up, oil, banks dip 1 week ago

    Mumbai: Equity benchmarks closed second session of the Budget week on a flat note on Tuesday as investors preferred to stay on the sidelines till the Budget gets announced (on Saturday). The consolidation in market was also ahead of expiry of February derivative contracts and Railway Budget that both will...
  • Stock market to remain volatile ahead of F&O expiry, Budget February 23, 2015

    New Delhi: Stock market is expected to remain volatile during the week due to key events such as presentation of economic survey and General Budget, and expiry of derivative contracts, say experts. The pre-budget expectations will start building up and corresponding sectors may see increased...
  • Rupee gains 7 paise against dollar in early trade on Monday February 23, 2015

    Mumbai: The rupee strengthened by seven paise to 62.15 against the US dollar in early trade today at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks. Forex dealers said besides selling of the US currency by exporters and banks, a higher opening in domestic...
  • Nations need to engage in online marketing of anti-IS messages to combat jihadist propaganda: Experts February 21, 2015

    Washington: The Internet has become a crucial battleground in the fight against jihadist propaganda and Western nations need to step up their game, according to participants in a Washington meeting on countering radical groups. Experts say governments must engage in corporate-style marketing if they are to combat the Islamic State, which...
  • Indian share markets to open on budget day on February 28 February 21, 2015

    Mumbai: India's share markets will open for regular trading hours on Saturday, February 28, when the government is due to unveil a much- anticipated budget for the fiscal year starting in April, the country's two main exchanges said on Friday. The announcement from National Stock Exchange and BSE Ltd came after...
  • UK Sinha keeps markets guessing on trading on Budget day February 20, 2015

    Mumbai: Sebi is yet to take a call on opening stock markets on Budget day, which falls on a Saturday, its chairman UK Sinha said on Friday. Finance Minister Arun Jaitley will present the first full Budget of the Prime Minister Narendra Modi-led government on February 28 amidst heightened expectations...
  • Rupee gains 12 paise against US dollar, closes at 62.22 February 20, 2015

    Mumbai: Bucking the weak trend in Indian shares, the rupee on Friday closed with a gain of 12 paise against the American currency at 62.22 on selling of dollars by banks and exporters. Forex traders said participants bet against the dollar ahead of talks between Greece and Eurozone on bailout...
  • Sensex snaps 7-day rally, down 231 points; BHEL jumps 5 per cent February 20, 2015

    Mumbai: The market lost ground on Friday, for the first time in last eight sessions, especially ahead of Union Budget week. Profit booking in banking & financials, technology and select oil stocks dragged the market. The 30-share BSE Sensex declined 230.86 points to 29231.41 and the 50-share NSE Nifty slipped...
  • Xiaomi is now China's smartphone market king; dethrones Samsung: Report February 19, 2015

    Shanghai: Upstart Xiaomi was the top smartphone company in China last year with a 12.5 per cent market share, narrowly outpacing South Korea's Samsung, market intelligence firm International Data Corporation (IDC) said today. Samsung was just behind with 12.1 per cent market share based on shipments by vendor in 2014, slipping...
  • Sensex gains for seventh straight session; metals, miners surge February 19, 2015

    Mumbai: The BSE Sensex gained for a seventh straight day on Thursday in a volatile session that saw metals and mining companies such as Hindalco Industries (HALC.NS) and Jindal Steel and Power (JNSP.NS) surging after the successful completion of the country's first auction to sell mines. The auction follows a court...
  • India's wholesale prices fall 0.39 per cent in January February 16, 2015

    Mumbai: India's wholesale prices declined an annual 0.39 per cent in January, their second fall in three months, on the back of a sharp correction in oil prices, government data showed on Monday. The data compared with a 0.4 per cent year-on-year gain forecast by economists in a Reuters poll...
  • Sensex gains 41 points on fifth day of rise; Greek debt talks eyed February 16, 2015

    Mumbai: In a volatile session, the benchmark Sensex on Monday surged 230 points in early trade but pared most gains to end with a slender 41 points rise on selling in banking, pharma and oil&gas shares and caution ahead of crucial Greek debt talks. Nevertheless, domestic markets extended their winning session...
  • Sensex ends 271 points up; capital goods stocks gain February 12, 2015

    Mumbai: Ahead of the release of crucial inflation data, a benchmark index of Indian equities markets provisionally closed on Thursday's trade up 271 points or 0.95 per cent. The government will release consumer price index (CPI) data around 5.00 p.m on Thursday. The data assumes significance as it gives a directional...