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Sensex ends 14 points up; RIL, ICICI gain

The BSE benchmark Sensex on Wednesday closed 14 points up as investors covered up their pending positions before monthly expiry in the derivatives segment amid better global trend. ...  

Sensex, Nifty end RBI policy day in red

Key indices ended in the red Tuesday after an intra-day spurt on policy rate cuts by the Reserve Bank of India. The weak closing shows that the market had already factored in a 25 basis point-cut in the repo, the rate at which RBI lends to banks. ...  

Sensex ends flat, focus now on RBI's rate decision

The BSE Sensex ended flat on Monday, as gains in some interest rate-sensitive stocks such as ICICI Bank and DLF, a day before the RBI is widely expected to ease monetary policy, were offset by profit-taking in oil and gas stocks. Investors are widely anticipating the Reserve Bank of India will cut interest rates by 25 basis points on Tuesday, easing for the first time since April 2012, after December...  

BlackRock to buy $80 million Twitter stake: Source

BlackRock, the world's largest asset management company, has taken an $80 million stake in Twitter Inc, a person with knowledge of the deal said Friday. ...  

Sensex ends 180 pts up; Maruti wows street

Fresh buying by funds and retail investors in auto, real estate and banking stocks helped markets firm up its gains in late afternoon trade. The Sensex rebounded over 150 points aided by auto stocks that flared up post Maruti Suzuki quarterly number. ...  

Stocks to do better; bonds, gold may lose sheen: RBS

Equity markets will turn attractive and bonds and gold are likely to lose their sheen this year as domestic growth revives following the recent reforms and the improving global environment, says British lender RBS in a report. ...  

Sensex drops 120 pts; HUL, GAIL biggest losers

The BSE Sensex dropped 120 points to end the day below the 20,000-mark after FMGC major Hindustan Unilever came out with a disappointing set of third quarter earnings. ...  

Sensex scales fresh two-year high led by RIL

The BSE benchmark Sensex on Monday rose to fresh two-year high of 20,101.82 points gaining 63 points on goody buying, particularly in Reliance Industries Ltd (RIL) shares, triggered by strong quarterly earnings by corporates. Extending gains for the third straight day, the Sensex settled at 62.78 points, or 0.31 per cent, up at 20,101.82, which si its highest level since January 6, 2011. In the previous two days it had...  

SurveyMonkey raises $800 million to remain privately held

Online polling service SurveyMonkey is raising $800 million so it can buy back stock from its employees and early investors. ...  

Oil shares help Sensex finish above 20,000

The BSE Sensex rose 112.01 points or 0.56 per cent at 20076.04 in the early afternoon trade. At 12.00 noon, the Nifty was trading up 33.95 points at 6073.15, helped by oil marketing companies. ...  

Facebook's new feature: Graph Search

Facebook has launched a new feature called Graph Search that allows users to search anything their Facebook friends have shared, including photos and posts. However, the feature is yet to be made public. ...

Dell likely to go private, shares soar

Dell's stock soared 13 per cent Monday on a report that the struggling personal computer maker is in talks to take the company private. ...  

Sensex ends at 24-month high; ITC, telcos surge

he Sensex rose for a second consecutive session on Tuesday to touch two-year highs as ITC advanced ahead of its earnings results at the end of the week, while wireless carriers jumped on speculation about potential tariff hikes. ...  

What will Facebook unveil at its mystery event?

Facebook's stock opened above $32 for the first time since July on anticipation about upcoming products and financial results. ...  

Dell's shares surge on report it's in talks to go private

Shares of Dell Inc soared 13 per cent to a near eight-month high on Monday after Bloomberg reported the world's No 3 PC maker is in talks with at least two private equity firms about going private. ...  

Infosys upgraded, not all convinced on turnaround

A handful of brokers upgraded their views on IT outsourcer Infosys Ltd after better-than-expected earnings on Friday spurred a nearly 17 per cent rally in its shares, although some company watchers remain unconvinced it has turned the corner after a string of disappointing quarters. ...  

Rupee recovers 6 paise against dollar in early trade

The rupee on Monday recovered by six paise to 54.70 against the dollar in early trade at the Interbank Foreign Exchange (forex) market on selling of the US currency by exporters and banks. Forex dealers said strengthening of euro against the dollar overseas after ECB chief Mario Draghi's positive comments last week about the euro-zone's outlook and a higher opening in the local equity market also supported the rupee. ...  

Morgan Stanley upgrades Sterlite to 'overweight'

Shares in Sterlite Industries (India) Ltd rose 2 per cent to 117.90 rupees after Morgan Stanley upgraded the stock to "overweight" from "neutral" and raised its target price to 142 rupees from 110.20 rupees. The investment bank said Sterlite shares have been "cheap for a while," and added group restructuring and minority consolidation, improving sentiment in power and aluminum, and a bottoming in China's economic outlook as the key reasons...  

Infosys surges 10 per cent on robust Q3 results

IT bellwether Infosys has reported higher than expected numbers on all parameters in the third quarter ended December 2012. Consolidated net profit remained unchanged at Rs 2,369 crore in the quarter. At 9.16 am, Infosys was quoting at Rs 2,552.35, up Rs 232, or 10 per cent. ...  

Sensex falls ahead of inflation; Infosys surges

The Sensex fell on Friday as caution ahead of inflation data next week hit banks such as State Bank of India and spurred profit-taking in recent outperformers such as ONGC. ...