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  • Sensex ends above 26000 mark, Nifty up 83.65 points 13 hours 41 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 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...
  • Rupee down 11 paise against dollar in early trade 1 week ago

    Mumbai: The rupee fell by another 11 paise to trade at 60.187 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange market due to renewed demand for the American currency from importers and appreciation of the greenback overseas. Forex dealers said besides dollar's gains against other currencies...
  • Sensex ends flat despite fall in June inflation; metals up July 14, 2014

    Mumbai: Equity benchmarks started off the week on a sluggish note with the indices falling marginally on Monday despite better inflation data, weighed down by FMCG and select banks & technology stocks. However, rally in metals and capital goods capped the downside. The 30-share BSE Sensex managed to hold the...
  • Delhi government raids 96 premises involved in stocking acid July 11, 2014

    New Delhi: As part of efforts to check the illegal sale of acid in the national capital, Delhi government on Friday raided as many as 96 premises and sealed three premises involved in stocking acid for business. "During the inspection, 17 premises were identified violating the norms, 8 cases have...
  • Rupee rebounds 26 paise vs US dollar to 59.93; logs 1st weekly drop in 3 weeks July 11, 2014

    Mumbai: The rupee on Friday bounced back by 26 paise to end at 59.93 versus dollar as exporters and some banks sold the greenback, but steep losses in previous sessions forced the local currency to log its first weekly drop in three. After ending at 59.72 last Friday, the rupee depreciated...
  • 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...
  • PSU banks stock down after Budget announcement July 10, 2014

    Mumbai: Shares of public sector banks declined by as much as 4.3 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 was trading 2 per cent lower, while Indian Bank dropped...
  • News 360: Gowda presents Rail bduget, 58 new trains, focus on safety July 8, 2014

    In the maiden Railway Budget of the Narendra Modi government, Union Minister DV Sadananda Gowda on Tuesday promised to revamp the railways and cut down on populism. Gowda said the Cabinet has been asked to clear Foreign Direct Investment in railway infrastructure and new projects should be explored through the...
  • Rupee recovers 8 paise vs dollar in early trade July 8, 2014

    Mumbai: The rupee on Tuesday recovered by 8 paise to 59.93 against the US dollar in early trade at the Inter bank Foreign Exchange market on increased selling of the American currency by exporters. Besides, strengthening of the euro and yen against the dollar in overseas market and a higher opening...
  • Sensex falls over 350 points after hitting record highs July 8, 2014

    Mumbai: The BSE Sensex and the Nifty are slump 1.4 per cent each. Both the indexes hit a record high earlier in the session. The Nifty gained as much as 0.28 per cent to touch a record high for the fourth straight session, hitting the 7,800 mark for the first...
  • Railway stocks on a roll ahead of rail budget; gain up to 8 pc July 4, 2014

    Mumbai: Stocks of companies related to railways sector on Friday closed with gains of up to 8 per cent on hopes of reform measures in the rail budget to be presented on Tuesday next week. Texmaco Rail & Engineering Ltd zoomed 7.69 per cent, while Titagarh Wagons rose by 4.98 per...
  • Rupee ends flat at 59.72 vs US dollar; logs best week since May 16 July 4, 2014

    Mumbai: The rupee on Friday ended a mere one paisa higher at 59.72 against the US dollar on alternate bouts of demand and supply, wrapping up its best weekly performance since the period ended May 16. It gained 36 paise against the Greenback in the week ended on Friday on hopes...
  • Sensex, Nifty rebound to close at record highs ahead of Budget July 4, 2014

    Mumbai: Continuing its record-setting spree, the benchmark Sensex on Friday rebounded over 138 points to end at new closing peak of 25,962.06, led by oil & gas shares, on hopes of reforms and a growth-oriented Budget next week. Expectations the government is prepared to tackle any crisis related to poor rains...
  • BSE pre-opening session restarts after technical snag July 3, 2014

    Mumbai: The pre-opening session of the Bombay Stock Exchange (BSE) has restarted after a technical snag forced it to close at 9:30 am on Thursday. Exchange operator BSE halted trading on Thursday morning across all of its markets, including shares, currencies and indexes due to a network outage, BSE said. BSE...
  • 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 flat, Nifty above 7500; TCS, Sun Pharma up 4 pc June 27, 2014

    Mumbai: Equity benchmarks closed flat amid consolidation on the first day of July series after one percent fall in last session of previous series. Healthcare, technology and fast moving consumer goods stocks supported the market whereas auto, metals, capital goods and select banks saw selling pressure. The Sensex rose 37.25 points...
  • 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...
  • Workers fear uncertain future as UP Stock Exchange fails to comply with Sebi guidelines June 23, 2014

    As the UP Stock Exchange faces the risk of de-recognition for not being able to comply with Sebi guidelines, workers at the 30-year-old bourse say they are looking at an uncertain future. According to Sebi regulations a bourse not having a minimum turnover of Rs 1,000 crore and a networth of...
  • 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...
  • ITC shares drag down Sensex to nearly 3-week lows June 23, 2014

    Mumbai: The benchmark Sensex on Monday fell for the fourth straight session and ended about 74 points down at nearly three-week low levels as tobacco shares led by index heavyweight ITC slumped on fears of excise duty hike, amid concerns over rising crude on continued violence in Iraq. Stock markets...
  • Sensex down 96 points to two-week lows on growing unrest in Iraq June 20, 2014

    Mumbai: The benchmark Sensex fell for the third day and ended about 96 points lower on Friday triggered by selling in the last hour of trade after wary investors appeared reluctant to hold onto positions as violence continued unabated in Iraq. After touching the day's high at 25,276.31 at the outset,...
  • 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...
  • Iraq conflict drags Sensex 275 points; Cipla, Kotak Bank shine June 18, 2014

    Mumbai: Equity benchmarks washed out some of previous day's gains on Wednesday, falling one percent each after the tension in Iraq escalated further but the Nifty managed to hold 7500 level. The BSE Sensex fell 274.94 points to close at 25246.25 and the NSE Nifty slipped 73.50 points to 7558.20...
  • Amitabh Bachchan rings bell at Bombay Stock Exchange June 17, 2014

    Mumbai: Megastar Amitabh Bachchan Tuesday morning rang the bell at the Bombay Stock Exchange as part of the promotions of "Yudh", a TV show which marks his debut in the fiction space on the small screen. He said he felt privileged. "I am extremely honoured and privileged to be here at...
  • 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 closes flat amid inflation, Iraq woes; IT supports June 16, 2014

    Mumbai: Equity benchmarks closed flat with a negative bias amid volatility as unexpected spike in inflation and unstoppable violence in Iraq made investors cautious. The BSE Sensex fell 37.69 points to close at 25190.48 while the NSE Nifty managed to hold the 7500 level, down 8.55 points to 7533.55 but...