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  • Sensex ends above 26000 mark, Nifty up 83.65 points 11 hours 38 minutes ago

    Mumbai:After a blockbuster ride, the market ended on a strong note, marking second highest closing level ever. The Sensex ended above 26,000 for second time, up 310.63 points or 1.21 per cent at 26025.80 and the Nifty was up 83.65 points or 1.09 per cent at 7767.85. About 1466 shares...
  • Sensex, Nifty end flat Yesterday

    Mumbai: The market maintained uptrend throughout the day with some major support by FMCG stocks. The Sensex ended up 73.61 points at 25715.17,and the Nifty up was 20.30 points at 7684.20. About 1723 shares advanced, 1245 shares declined, and 103 shares were unchanged. HDFC was up 3 percent, Reliance...
  • Rupee slips to one-week low of 60.18 vs US dollar 5 days ago

    Mumbai: The rupee on Thursday declined six paise to end at one-week low of 60.18 against the Greenback following demand for dollars in view of defence-related payments and importers. However, a positive closing in local equities, capital inflows and a weak dollar overseas helped cap the fall to some extent, a...
  • Sensex closes at over 1-week high; Hindalco logs best gain 5 days ago

    Mumbai: Rising for the third session, the benchmark Sensex on Thursday edged higher to end at over one-week closing peak of 25,561.16 supported by gains in shares from metal and power sectors. After rising nearly 64 points, the BSE barometer pared gains amid profit-booking in realty, oil & gas and...
  • Sensex gains 321 points, Nifty closes above 7600; ICICI up 5 pc 6 days ago

    Mumbai: Stocks rose in Europe after China reported economic growth figures that were slightly stronger than markets had expected, although the reaction in Asia was more muted. The world's second largest economy expanded at a 7.5 per cent annual pace in the second quarter, the statistics bureau said, just beating the...
  • Indian rupee opens at 60.23 per dollar; down 11 paise 6 days ago

    Mumbai: The Indian rupee slipped in the opening trade on Wednesday. It has opened lower by 11 paise at 60.23 per dollar against 60.12 on Tuesday. The dollar clung to modest gains post comments by the head of the Federal Reserve that rates could rise sooner if employment continued to...
  • Cynk: This $4.7 billion company has no assets, no revenues, no website and one employee July 11, 2014

    New York: It has no assets, no revenues and no business plan to speak of. But a company called Cynk Technology has seen its value soar as high as $4.7 billion. Wall Street analysts have been at loss to explain the spectacular 24,000 per cent rise in Cynk, which trades on...
  • Sensex tanks 348 points on sell-off, worst weekly loss since December 2011 July 11, 2014

    Mumbai: The benchmark Sensex on Friday erased initial gains to plunge over 348 points, posting its worst weekly loss in over two and a half years, on disappointment over the Union Budget and fresh debt concerns in Portugal. Stock markets had opened on a strong note with the 30-scrip Sensex...
  • Shares of PSU banks fall on Budget announcements July 10, 2014

    Mumbai: Shares of public sector banks declined as much as two per cent after Finance Minister Arun Jaitley on Thursday said the lenders would require Rs 2.40 lakh crore capital by 2018 to meet global Basel III norms. SBI ended 1.31 per cent lower, Allahabad Bank dropped 1.81 per cent and...
  • Rupee logs worst drop in a month, down 44paise at 60.19 vs dollar July 10, 2014

    Mumbai:Moving in tandem with equities, the rupee today tumbled 44 paise, posting its biggest drop in nearly a month, to end at 60.19 against the dollar on a day the Narendra Modi-led government presented its maiden Budget. A firm dollar overseas and demand for the US currency from importers weighed on...
  • Rupee rises most in 7 weeks, ends at 59.69 vs US dollar on budget hopes July 2, 2014

    Mumbai: Indian rupee on Wednesday appreciated 38 paise -- its biggest single-day rise in seven weeks -- to close at 59.69 against the US dollar on optimism that the budget next week would contain strong measures to put finances and the economy back on track. Dollar selling by exporters amid lack...
  • Sensex ends 103 points higher on pickup in manufacturing growth, auto sales July 1, 2014

    Mumbai: The benchmark Sensex on Tuesday rose for the third straight session and closed 103 points up at a two-week high on good buying in bluechips after an uptick in manufacturing sector growth and signs of pickup in auto sales. Maruti Suzuki, Tata Motors and Hindalco shares led the rally on...
  • Rupee opens higher at 60.08 per dollar June 27, 2014

    Mumbai: The rupee on Friday opened with marginal gains of 6 paise at 60.08 per dollar on Friday as against previous day's closing value of 60.14 a dollar. Pramit Brahmbhatt of Veracity said, "Taking cues from US economic data and growing tensions in Iraq, domestic markets are expected to trade...
  • Nifty ends below 7500 on June expiry; Oil & Gas falls 4 pc June 26, 2014

    Mumbai: The 50-share NSE Nifty saw heavy selling pressure in late trade on Thursday, the expiry day for June derivative contracts, closing tad below the 7500-mark weighed down by oil & gas and banks stocks. The index slipped 76.05 points or 1 percent to close at 7493.20 and the 30-share...
  • Rupee eases two paise against US dollar to end at 60.20 June 23, 2014

    Mumbai: In dull trade, the rupee on Monday ended a mere two paise lower at 60.20 against the US dollar on weak local equities and imported-driven demand for the American currency, extending losses for the second straight session. At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced better...
  • Sensex ends 44 points down; ONGC, RIL shares lead fall June 19, 2014

    Mumbai: Dragged down by oil and gas shares, the benchmark Sensex on Thursday slipped for the second day and closed 44.45 points lower at 25,201.80 amid fears that growing unrest in Iraq could choke crude oil supplies. After rising nearly 180 points in early trade on firming trend overseas on Federal...
  • Most Asian shares slip on anxiety over Iraq, dollar edges up June 17, 2014

    Tokyo: Most Asian stock markets fell on Tuesday as the deepening conflict in Iraq and a gas dispute between Ukraine and Russia sapped investors' appetite for riskier assets. MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.3 per cent. Japan's Nikkei bucked the trend with rise of a 0.3 per...
  • Sensex rebounds 331 points in late buying surge, rupee recovers June 17, 2014

    Mumbai: The benchmark Sensex on Tuesday rose for the first time in three days and ended about 331 points up at 25,521.19 on heavy buying in the last hour on fund-based activity in RIL, ICICI Bank, ONGC and L&T shares, amid some recovery in the rupee. Recently battered stocks led by...
  • Sensex falls most in over 4 months as Iraq unrest drives up oil June 13, 2014

    Mumbai: The benchmark Sensex on Friday tanked over 348 points, recording its biggest single-session drop in over four months, on a broad-based sell off on prices of crude oil surging to nine-month high levels amid unrest in Iraq. In addition, a depreciating rupee which was trading 44 paise, or 0.73...
  • Sensex rebounds 102 points ahead of IIP, inflation data June 12, 2014

    Mumbai: The benchmark Sensex recouped most of the previous session losses to end 102.32 points up near record highs powered by gains in HDFC, TCS and Sun Pharma shares ahead of industrial output and retail inflation data release due later on Thursday. Smallcap and midcap stocks were also seen back...
  • Review: New Instagram tools give users more controls, but take away the simplicity of the app June 11, 2014

    New York: I started using Instagram in late 2011 and was instantly hooked. I have always loved taking pictures but have felt overwhelmed by all the adjustment options offered by apps such as Snapseed and Camera+. Instagram made it easy. After snapping a picture, I could simply add a filter or...
  • Monsoon delayed, Cauvery dispute may resurface again June 10, 2014

    New Delhi: The Cauvery river water sharing dispute is likely to resurface again. Tamil Nadu chief minister J Jayalalithaa is forcing the Centre to constitute the Cauvery Management Board. This supervisory board would be headed by Union Water Resources Secretary. The upper riparian state Karnataka is opposing any such move...
  • Nifty ends at 7655, Sensex gains 1 pc; SBI, HUL, Infosys drag June 9, 2014

    Mumbai: Bulls' rampage on Dalal Street continued for another day as market hit historic highs for the second straight session. Ending the day above 7,600 for the first time in history, the Nifty settled at 7654.60, up 71.20 points or 0.94 percent while the Sensex was up 183.75 points or...
  • Twitter in talks to buy audio-sharing site SoundCloud: Report June 7, 2014

    Bangalore: Microblogging platform Twitter Inc has been in talks with Berlin-based audio sharing website SoundCloud in its efforts to add a music service to its offering, the Financial Times reported citing people familiar with the matter. Twitter has weighed up deals worth billions of dollars and has also considered buying music-streaming...
  • Instagram adds more photo editing tools; includes ability to adjust brightness, contrast, saturation June 4, 2014

    New York: The photo sharing app Instagram is adding editing tools that go beyond the vintage-looking filters that made it popular. The Facebook-owned app said in a blog post Tuesday that users will be able to adjust the brightness, contrast, saturation and other features of photos they take with their smartphones. The...
  • Sensex snaps 2-day rally, down 52 points on profit-booking June 4, 2014

    Mumbai: In choppy trade, the BSE benchmark index Sensex on Wednesday retreated from record levels to close down by 52 points as investors booked profits in IT, oil & gas and FMCG shares. The 30-share barometer had opened on a positive note and touched day's high of 24,925.90 points. However, profit...
  • Nifty ends above 7400 for 1st time; BSE Metal surges 5 pc June 3, 2014

    Mumbai: Equity benchmarks ended at record closing highs on Tuesday after the RBI credit policy review indicated huge amount of liquidity coming into the system and positive Chinese manufacturing data. The 50-share NSE Nifty closed above 7400-mark for the first time ever, up 53.35 points to 7415.85 while the 30-share...
  • Sensex surges 467 points as funds pick banking, oil stocks June 2, 2014

    Mumbai: The BSE benchmark index Sensex on Monday closed up by 467 points, posting its biggest single-day gain in past three weeks following massive buying by funds and retail investors mainly in banking, oil and capital goods stocks. The 30-share index started the session on strong footing and hit the day's...
  • Sensex gives up early gains; logs worst weekly drop in 4 months May 30, 2014

    Mumbai: The benchmark Sensex on Friday failed to hold to early gains and ended 17 points lower due to losses in banking and consumer durable shares, logging its worst weekly drop since January. Profit-booking ahead of GDP data later this evening and RBI monetary policy review next week were among...
  • Market ends flat; CIL, ONGC, Tata Motors slip ahead of Q4 nos May 28, 2014

    Mumbai: After trading in 40 points range, the 50-share NSE Nifty closed flat on Wednesday ahead of expiry of May derivative contracts on Thursday but strong buying action was back in broader space after a two-day fall. The Sensex was up 6.58 points to close at 24556.09 and the Nifty...