Marketing

  • Sensex rebounds over 138 points on hopes Fed will retain low rates 1 hour 17 minutes ago

    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 30-scrip Sensitive Index (Sensex) of the S&P Bombay...
  • Typhoon shuts down Hong Kong with strong winds, rain 8 hours 20 minutes ago

    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 2 days ago

    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 27,000-mark in early trade on selling by funds and retail investors after industrial production growth...
  • Onion prices crashes in Karnataka, farmers gets just Rs 5-10 per kg 4 days ago

    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 mid-level onions are being purchased from the farmers for...
  • Sensex, Nifty rangebound; Cipla rises 6 per cent, HDFC most active 5 days ago

    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 6 days ago

    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 27,000-mark by falling over 126 points earlier in the day, largely on emergence of profit-booking in blue-chip stocks....
  • Sensex logs worst drop in a month on profit-booking; Re at 61 1 week ago

    Mumbai: The benchmark Sensex on Wednesday logged its worst single-day 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 profit-booking 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 Conservative-led 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 profit-booking in recent out-performers 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 32-year-old 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...
  • Bihar CM Jitan Ram Manjhi clarifies remark on black marketing by small traders September 4, 2014

    Patna: Bihar Chief Minister Jitan Ram Manjhi on Thursday clarified that he had never supported black marketing by small traders but merely said that those indulging in such activities out of ignorance must be treated sympathetically. "I never backed black marketing by small traders per se, but merely said that those...
  • Rupee closes at 1-month high of 60.39 Vs USD; up 13 paise September 4, 2014

    Mumbai: Rising for the second day, the rupee today closed at one-month high of 60.36 paise, up 13 paise against the dollar on sustained selling of the US currency by exporters and some banks amid heavy capital inflows. At the Interbank Foreign Exchange (Forex) market, the local currency resumed better at...
  • Sensex snaps 9-day rally, Nifty ends below 8,100-mark September 4, 2014

    Mumbai: The BSE Sensex on Thursday fell from life-time high levels to end down by 54 points at 27,085.93 as investors booked profits in realty, metal, capital goods, IT and banking stocks after a nine-day strong rally. The 30-share barometer fell below 27,000 level to intra-day low...
  • Gold dips below Rs 28,000-level on weak global cues September 3, 2014

    New Delhi: Continuing its losing streak for the fourth straight day, gold prices dipped below the Rs 28,000-level by falling Rs 70 to hit over two-month low of Rs 27,950 per 10 grams in the national capital on Wednesday on sustained selling by stockists amid a weakening global trend. Silver also...
  • Bihar CM sparks a row, says traders indulging in small scale black marketing will be pardoned September 3, 2014

    Patna: A comment by Bihar Chief Minister Jitan Ram Manjhi has sparked off a row. He was heard saying that traders indulging in small scale black marketing will be pardoned by the Bihar government as they are only doing this to help their families. "There are people who indulge in black...
  • Rupee hits 1 month high at 60.33; closes up by 19 points at 60.49 Vs USD September 3, 2014

    Mumbai: Snapping the four-session losing trend, the rupee hit one-month high of 60.33 during the day before closing higher by 19 paise at 60.49 against the dollar on weakening of the US currency amid reports of Russia and Ukraine agreeing to a ceasefire. Also, continuing rise in local equities and sustained inflows...
  • Sensex, Nifty touch new highs, IT stocks rise September 3, 2014

    Mumbai: A benchmark index of Indian equities markets touched a new high of 27,225.85 points on Wednesday before closing the trade at 27,139.94 points. The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE) surpassed its previous high of 27,082.85 points of Tuesday. Volatility was seen in the trade around...
  • Sensex closes above 27,000-mark for first time; Nifty at record high of 8,083 September 2, 2014

    Mumbai: The BSE Sensex on Tuesday rose by 151 points to surpass the 27,000-mark for the first time and Nifty hit the record 8,100-level on buying by foreign funds triggered by narrowing CAD and better-than-expected growth. Continuing its surge for the eighth day, the BSE Sensex hit a fresh life-time high...
  • Sparkling start for markets in September, Nifty closes above 8,000-mark September 1, 2014

    September brought a sparkling start for the markets with the Nifty closing above the 8000-level for first time. Watch the video for more. ...
  • Micromax beats Apple in Indian tablet market: Report September 1, 2014

    New Delhi: Micromax has overtaken Apple and reached the second position in the tablet market in India in the second quarter with 14 percent market-share, data released by the International Data Corporation (IDC) said on Monday. "Strong performance in Q2 2014 allowed Micromax to tip Apple to the second spot," an...
  • Rupee up 3 paise against dollar in early trade September 1, 2014

    Mumbai: The rupee recovered by three paise to 60.47 against the US dollar in early trade on Monday on sustained foreign capital inflows amid the country's economic growth rate improving to two-and-half year high of 5.7 per cent in the April-June quarter. Increased selling of dollars by banks and exporters amid...
  • Sensex hits lifetime high, Nifty ends above 8000 for first time September 1, 2014

    Mumbai: It was a heady start to the new series, new week and new month after a long weekend. After hitting the magical 8000-level, the Nifty ended at record high. The Nifty ended at 8027.70 (up 73.35 points or 0.92 percent) after hitting intraday record high of 8035. The Sensex...
  • Sensex up 77 points, Nifty ends above 7950 points August 28, 2014

    Mumbai: Equity benchmarks ended at new closing high on Thursday. The Sensex rose 77.96 points to 26638.11 led by capital goods, FMCG, oil & gas and private banks. The Nifty closed above the 7950 on the expiry day for August derivative contracts, up 18.30 points at 7954.35. The BSE Midcap...
  • Sensex, Nifty hit new peaks on Eurozone stimulus hopes, US data August 27, 2014

    Mumbai: Indian stocks rose for the fifth day with benchmark Sensex on Wednesday vaulting 117.34 points to a new closing peak for the third session in a row on hopes of fresh stimulus in Eurozone and positive Asian cues after investors welcomed data indicating the US economy is back on...
  • Volatile Sensex ekes out margin gain to end at new peak at 26,442.81 August 26, 2014

    Mumbai: In volatile trade, the benchmark Sensex on Tuesday rose a marginal 6 points to log a new closing peak of 26,442.81, extending its winning run to the fourth straight session, on buying in healthcare and FMCG shares while battered metal stocks also witnessed a late recovery. In addition, covering up...
  • Coal allocation ruling hits Sensex, Nifty; Hindalco tanks 10 per cent August 25, 2014

    Mumbai: The Sensex and the Nifty on Monday hit new lifetime highs but fag-end selling due to Supreme Court's ruling on coal allocations hit investor sentiment with the NSE index ending in the red while the BSE barometer closed with a marginal 17-point gain at a new peak on closing...
  • Nifty marks record high, tracks higher global shares August 22, 2014

    Mumbai: The Nifty is trading up 0.4 per cent after hitting a record high of 7,929.05, marking its fourth record high this week, surpassing the previous all-time high on Wednesday. Blue-chips gain: Infosys gains 0.89 per cent, while ICICI Bank is up 0.32 per cent. Asian shares rise in early trading after...