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  • Nifty ends April series at 8181, Sensex falls 427 points in week 6 days ago

    Mumbai: Equity benchmarks continued their slide on Thursday, with the Nifty breaching the psychological 8200-mark and the Sensex slipping below 27,000. Brokers said concerns over earnings growth, macro recovery are prompting foreign institutional investors to head for other emerging markets which are doing better at the moment. In addition, unwinding...
  • One tweet wiped $8 billion off Twitter's value 6 days ago

    New Delhi:Twitter's stock had dropped sharply as the company's revenue and outlook fell short of expectations at a time investors are looking for stronger advertising growth to make up for less-than-stellar user numbers. Trading in Twitter's stock was halted Tuesday afternoon after word spread that earnings were released prematurely, before the...
  • 'Apple remains undervalued and misunderstood' 1 week ago

    Bengaluru: Apple Inc remains undervalued and misunderstood, activist investor Carl Icahn tweeted, even as the company posted stellar quarterly results on Monday. The billionaire investor said he expects to put out an "in-depth" report within two weeks. Apple beat Wall Street's revenue and profit forecasts on Monday as it sold more iPhones...
  • Twitter's revenue falls short, stock tumbles 1 week ago

    New York: Twitter's stock dropped sharply as the company's revenue and outlook fell short of expectations at a time investors are looking for stronger advertising growth to make up for less-than-stellar user numbers. Twitter's adjusted earnings for the first quarter topped Wall Street estimates but revenue fell short of expectations and...
  • Sensex up 219 points, Nifty ends at 8286 April 28, 2015

    Mumbai: The Sensex ended up 219.39 points or 0.8 per cent at 27396.38 and the Nifty was up 71.80 points or 0.9 per cent at 8285.60. About 1650 shares advanced, 1086 shares declined and 146 shares were unchanged. Banks made a superb comeback led by ICICI Bank (up 8 per cent),...
  • Twitter to issue user policies in Hindi, Urdu April 26, 2015

    New Delhi: Twitter is working on making its user policies available in Indian languages like Hindi and Urdu to increase 'informed' usage of the microblogging site across non-English speaking population in the country. The user policies, which are guidelines to the kind of content that can be shared on the website,...
  • Sensex tanks 297 points, Nifty ends at 8305 April 24, 2015

    Mumbai: The Sensex plunged 297.08 points or 1 percent at 27437.94 and the Nifty dived 93.05 points or 1 per cent at 8305.25. About 719 shares advanced, 2049 shares declined and 156 shares were unchanged. Cipla fell 4 per cent while Vedanta and Axis Bank were down 3 per cent...
  • Sensex down 155 points, Nifty below 8400; Tata Steel up 5 per cent April 23, 2015

    Mumbai: On a day of wide fluctuations, a benchmark index for Indian equities, the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange, closed 155.11 points, or 0.56 percent, down on Thursday. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also provisionally closed 31.40 points or 0.37 percent down...
  • HP to sell photo-sharing service Snapfish April 22, 2015

    Bengaluru: Hewlett-Packard Co said it would sell its web-based photo sharing service Snapfish to digital imaging company District Photo. Financial terms of the deal were not disclosed. HP, the world's No. 2 PC maker, bought Snapfish for more than $300 million in 2005 and made the company a part of its printing...
  • Sensex rebounds by 214 points on value-buying April 22, 2015

    Mumbai: Ending five-day losing streak, the benchmark BSE Sensex on Wednesday rebounded by over 214 points to 27,890.13 on value-buying in capital goods, pharma and banking stocks as sentiment improved after Saudi Arabia ended its military campaign in Yemen. Sentiment were also buoyed after Finance Minister Arun Jaitley said GST bill...
  • Sensex slips 210 points, Nifty below 8400 April 21, 2015

    Mumbai: The market ended in red as the Sensex is down 210.17 points or 0.7 per cent at 27676.04. The Nifty is down 70.35 points or 0.8 per cent at 8377.75. About 1324 shares have advanced, 1377 shares declined, and 188 shares are unchanged. Wipro, Axis Bank, Sesa Sterlite, SBI...
  • Sensex, Nifty nosedive to over 3-wk low on tax issue concerns April 20, 2015

    Mumbai: Aggressive selling by foreign funds on tax concerns bogged down markets today as the benchmark BSE Sensex plunged by more than 555 points to over three-week low of 27,886.21, while sharp fall in heavyweights like RIL, Infosys and weak global cues added to the fall. The 50-share Nifty nosedived 157.90...
  • Sensex slips 134 points, Nifty holds 8700 April 16, 2015

    Mumbai: The market continued to see selling pressure for the second consecutive session on Thursday. The Sensex fell 133.65 points to 28666.04 and the Nifty shed 43.50 points to 8706.70. About 1091 shares have advanced, 1711 shares declined, and 170 shares are unchanged on the BSE. Hero Motocorp, Sun...
  • IIP data lifts Sensex to 29,000-mark, Nifty above 8,800 April 13, 2015

    Mumbai: The benchmark BSE Sensex on Monday regained 29,000-level to settle at over one-month high of 29,044.44 by rising 165.06 points, whereas NSE Nifty rose for the seventh straight session mainly on account of better-than-expected IIP data. Country's industrial production grew at a nine-month high of 5 per cent in February...
  • Apple, Samsung lose market share despite being top smartphone makers April 13, 2015

    New Delhi: Even as the two smartphone makers are the leaders in the market, Apple and Samsung have faced a dip in their market share. According to the latest data by comScore, both the tech companies witnessed a dip in their market share in the three months to February. Apple's market share...
  • Twitter takeover rumours makes its shares jump April 8, 2015

    New York: Twitter Inc's shares jumped 5 per cent and activity in its options surged on Tuesday on unsubstantiated market chatter about the company fending off a takeover bid. The microblogging service provider's shares rose to $53.28, the highest they have been since October, on market chatter that the company has...
  • Sensex ends higher; banks drag as RBI keeps rates unchanged April 7, 2015

    Mumbai: Banks stocks remained subdued on Dalal Street on Tuesday after RBI's status quo policy, but a dramatic late recovery helped equity benchmarks close higher for the third consecutive session. Meanwhile, the rally in broader markets continued. The 30-share BSE Sensex rose 12.13 points to 28516.59 and the 50-share NSE...
  • Why people are sharing less on Facebook these days April 6, 2015

    New York: If you have cut down on the amount of content you share on Facebook or Twitter even as your lists of friends and followers grow, you are not alone. A study co-authored by an Indian-origin researcher suggests that although more and more people are participating in social networking, a...
  • Apple iPhones eat up Xiaomi's smartphone market share in China: Survey April 6, 2015

    New Delhi: Apple is strengthening its foothold in China's smartphone market with a latest survey pointing towards a rise in the company's market share from December 2014 to February 2015. The survey of 15,000 mobile phone users was conducted by consumer research firm Kantar Worldpanel and indicated a rise in the...
  • Sensex closes 303 points up April 1, 2015

    Mumbai: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), made healthy gains during Wednesday's session to provisionally close the day's trade 303 points or 1.08 per cent up. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also made gains during the day's trade. It...
  • Sensex breaks 7-day losing trend, but volatility continues March 27, 2015

    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...
  • Facebook rolls out 'embed video' feature for sharing videos onto other sites March 26, 2015

    New Delhi: In what comes as a welcome addition, Facebook has introduced a feature to let users embed their videos onto other sites. Earlier the only way to share a video hosted on Facebook was to link to Facebook page or share it through the site itself. With the new...
  • Sensex falls for 6th day, down 50 points to nearly 10-week low March 25, 2015

    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,...
  • Sensex slips for 5th day; Tata Motors down 3.4%, banks drag March 24, 2015

    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...
  • Sensex ends marginally lower, Nifty holds 8550 March 23, 2015

    Mumbai: The market closed marginally lower on Monday. The Sensex shed 69.06 points to 28192.02 and the Nifty lost 20 points to 8550.90. More than two shares declined for every share advancing on the Bombay Stock Exchange. State-run power equipment maker BHEL fell nearly 4 per cent. ICICI Bank, Infosys, Reliance...
  • 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...
  • Photo sharing on social media killing real-life enjoyment March 16, 2015

    New York: Is your penchant for sharing photos on social networking sites preventing you from enjoying real life experiences? May be, suggests a new study. The study has found that 58 percent of people believe that "posting the perfect picture has prevented them from enjoying life's experiences". The study was conducted by...
  • Apple witnessed record sales in 'unbelievable' 2014: Tim Cook March 11, 2015

    Cupertino: Apple CEO Tim Cook took a figurative victory lap at his company's annual shareholder meeting, one day after he announced details about the new smartwatch Apple plans to start selling next month. A year ago, some investors were voicing frustration over Apple's lagging stock and activist Carl Icahn was pressing...
  • Nifty breaches 9,000-mark on fund inflows; RIL leads rally March 3, 2015

    Mumbai: The National Stock Exchange index Nifty breached the 9,000-level for the first time in pre-close session on Tuesday on sustained inflow of foreign capital amid growth-oriented and market-friendly measures in the Budget. The 50-issue Nifty crossed the 9,000-level for the first time by gaining 47.20 points, or 0.52 per...
  • Nifty hits new peak, Sensex up 97 points on Budget cheer March 2, 2015

    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,...