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Govt lowers stake sale in SAIL to 5.8 pc from 10.82 pc

The government will sell 240.4 million shares, or a 5.82 per cent stake, in state-owned Steel Authority of India Ltd through an auction on March 22, the steel ministry said on Wednesday. ...  

Sensex falls over 91 points to four-month low

In highly volatile trade, the Bombay Stock Exchange benchmark Sensex on Thursday pared over 200-point gain to close the day 91 points down at nearly four-month low levels on emergence of fag-end selling amid new political developments and weak global cues. ...  

SAIL disinvestment approved, to hit market on March 22

An inter-ministerial panel on Wednesday cleared a 10.82 per cent stake sale in steel major SAIL and decided that the issue will hit the markets on Friday, a top Finance Ministry official said on Wednesday. ...  

Realty shares hammered as Sensex falls further

Key benchmarks fell for the fourth successive session on Wednesday, as concerns over the continuity of policy reforms and a slowing economy kept buyers at bay. The 30-share BSE Sensex fell 123.91 points to close at 18884.19. With this, the index has shed 686 points in the last four sessions. ...  

Sensex up over 85 points in early trade

The BSE benchmark Sensex on Tuesday gained over 85 points in early trade as funds and investors made fresh buying ahead of RBI policy meeting amid a firm trend in other Asian bourses. ...  

Sensex down 134 points as Cyprus bailout weighs

The BSE benchmark Sensex on Monday slumped by 134.26 points to end at two-week low of 19,293.20 on heavy selling in global markets on reports of a proposed bailout of Cyprus which renewed concerns over Eurozone crisis. The Sensex, which had lost 143 points in the previous session, fell by 134.36 points, or 0.69 per cent, to 19,293.20, a level last seen on March 6. ...  

Sensex down 143 pts; banks' shares fall on money laundering fears

The Bombay Stock Exchange benchmark Sensex on Friday fell by nearly 143 points on heavy selling in private banks, including ICICI Bank and HDFC Bank, following government's promise that action will be taken if any person is found guilty in the alleged money laundering scam. ...  

Sensex up 208 pts as lower core inflation fuels rate cut hopes

The BSE benchmark Sensex on Thursday jumped by nearly 208 points to end at 19,570.44 on heavy buying in realty, banking and capital goods scrips as core inflation in February fell below 4 per cent mark for the first time in nearly 3 years fuelling hopes of rate cut by RBI on March 19. ...  

Fading rate cut hopes drag Sensex 202 points down

Falling for third straight day, the BSE benchmark Sensex on Wednesday tumbled by 202.37 points to one-week low of 19,362.55 on heavy selling in banks, auto and consumer durable shares due to fading rate cut hopes and fresh growth concerns, amid a weakening global trend. Besides rate-sensitive counters, shares from metal, IT, PSU and refinery sectors also were at the receiving end as 12 out of 13 sectoral indices ended...  

Sensex down 81 points as IIP, inflation numbers dim rate cut hopes

The BSE benchmark Sensex on Tuesday fell by 81.29 points to end at 19,564.92 on selling in consumer durables, realty and banking shares as higher-than-expected IIP data combined with rising retail inflation tempered hopes of an interest rate cut by RBI next week. After a firm start at 19,697.84, the S&P BSE 30-share Sensex tumbled by 81.29 points, or 0.41 per cent to 19,564.92. ...  

Larsen & Toubro shares fall on World Bank sanctions

Shares in Larsen & Toubro Ltd fell as much as 2.7 per cent on Monday after World Bank barred the company from participating in any of the organisation's projects for six months. ...  

BSE Sensex snaps 4-day upmove, down 37 points

The BSE benchmark Sensex on Monday fell for the first time in five days by declining 37 points to end at 19,646.21 on fag-end selling in RIL, Infosys, ICICI Bank and TCS shares ahead of industrial production and inflation data on Tuesday. ...  

Roaring close: Sensex soars 270 points

As the market closed for the week, investors returned home with big gains on Friday. It was a massive rally on the Dalal Street with a steady swift upmove. The Sensex soared 269.69 points or 1.39 per cent at 19683.23 while the Nifty closed at 5945.70 up 82.40 points or 1.41 per cent. ...  

Sensex at two-week high, up 161 points

Wiping off initial losses, the BSE benchmark Sensex on Thursday surged by nearly 161 points to a two-week high of 19,413.54 as shares of Infosys and Tata Consultancy Services climbed to record high levels on optimism the US will soon be back on growth track. After a lower start, the Sensex spurted by 160.93 points, or 0.84 per cent to 19,413.54. ...  

Euronext selling MCX stake for up to $46 million: source

NYSE Euronext has launched the sale of its 4.8 per cent stake in the Multi-Commodity Exchange of India (MCX). the country's biggest commodity bourse, in a deal that could raise up to $46 million, a source with direct knowledge said. The transatlantic exchange operator is selling 2.44 million MCX shares in a range between Rs 1,005 and Rs 1,026 a share, said the source who requested anonymity as he was...  

Sensex ends up 128 points, high beta stocks shine

Gaining 128 points, the BSE Benchmark Sensex ended at Wednesday's high while the Nifty added 34.35 points to close at 5818.60. Overall, the market remained in narrow trading range. ...  

Rupee up 11 paise vs dollar in early trade

The rupee on Tuesday appreciated by 11 paise to 54.75 against the dollar in early trade at the Interbank Foreign Exchange (forex) market on selling of the US currency by exporters. Besides, a strong opening in the domestic equity market and strength in other currencies against the dollar overseas also supported the rupee, forex dealers said. ...  

Nifty ends above 5750, Sensex gains 265

After a tiring Monday, the market gained mighty strength on Tuesday. The market ended trading session at the highest point of the day. The Sensex closed at 19143.17, gaining 265.21 points or 1.40 percent while the Nifty added 85.75 points or 1.50 per cent to end at 5784.25. ...  

Google shares hit all time high; stock up 700 per cent since 2004

Securities analysts are forecasting Google could soon be a $1,000 stock. ...  

Rupee down 16 paise vs dollar in early trade

The rupee on Monday weakened by 16 paise to trade at nearly two-month low of 55.05 against the dollar in early trade at the Interbank Foreign Exchange market. The rupee fell due to increased demand for the US currency from oil importers. ...