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Sensex hits 3-month high, rises 215 points

Mumbai: The BSE benchmark Sensex on Tuesday rose over 215 points to close at three-month of 19,888.95 and Nifty regained 6,000-point mark on sustained buying by FIIs in banking, FMCG, realty and auto sector stocks. The Sensex rose by 215.31 points, or 1.09 per cent, to 19,888.95, a level last seen on January 31. The index had gained 98 points in the previous session. The gauge had touched the day's...  

Sensex near three-month high; IT, metal stocks rise

Mumbai: The BSE Sensex closed near a three-month high hit on Thursday, led by gains in stocks beaten down earlier, such as TCS which was up on short covering, and Hindalco, following copper's more than 6 per cent gain on Friday. Among technology shares, Tata Consultancy Services Ltd provisionally rose 3.3 per cent, while in metals, Hindalco Industries Ltd ended 3.7 per cent higher. The BSE Sensex provisionally gained 0.47...  

US: Dow hits 15, 000 on job market strength

New York: US stocks added to gains on Friday, with the Dow industrials at a record high above 15,000 after a strong payrolls report for April and large upward revisions showed the jobs market is healing despite the sluggish recovery in the overall economy. The Dow Jones industrial average rose 176.4 points or 1.19 per cent, to 15,007.98, the S&P 500 gained 20.7 points or 1.3 per cent, to 1,618.29...  

Sensex declines 160 points on RBI's 'hawkish' policy stance

Mumbai: In a highly volatile trade, the BSE benchmark Sensex on Friday fell by 160 points on profit-booking in interest-sensitive banking, auto and realty stocks as RBI adopted a "hawkish" stance in its monetary policy 2013-14 that overshadowed its 0.25 per cent cut in repo rate. Snapping three days of gains, the Sensex fell by 160.13 points, or 0.81 per cent, to 19,575.64. The index had gained 449 points in...  

Sensex hits 6-week high; rises 117 points led by HUL

Mumbai: The BSE benchmark Sensex on Tuesday rose 117 points to close at a six-week high of 19,504.18 on funds buying in blue chips led by FMCG stocks such as Hindustan Unilever after its parent company Unilever Plc announces open offer to hike stake in its Indian arm to 75 per cent. The Sensex rose by 116.68 points, or 0.60 per cent, to 19,504.18, a level last seen on March...  

Hero MotoCorp surges after March quarter result

Mumbai: Shares in Hero MotCorp Ltd, India's largest motorcycle manufacturer, gained as much as 4.8 percent in early morning trade after the company's January-March profit beat street estimates for the first quarter in six. Hero reported a net profit of 5.74 billion rupees for the three months to end-March on Friday compared to analysts expectations of 4.98 billion rupees. ...  

Nifty ends 100 points up; ITC hits life high, IT stocks gain

Mumbai: Key equity benchmarks closed in green after consolidating for most part of the day. The action was by and large limited around the stocks that had declared their results. Positive regional shares helped the Nifty to close above 5900 mark once again. Broking house Religare expects to see some correction in Indian stocks in May due to macroeconomic headwinds. The May selloff is likely despite the satisfactory January-March corporate...  

Drugs found on Justin Bieber's tour bus in Sweden

Stockholm: The list of troubles linked to Justin Bieber's tour of Europe grew again after Swedish police said Thursday they had found drugs and a stun gun on the pop singer's bus. No arrests were made since the bus was empty at the time, Stockholm police spokesman Lars Bystrom told The Associated Press. Police said they decided to act after smelling marijuana coming from inside the bus while it was...  

Sensex closes 120 points down; banks, realty stocks take a breather

Mumbai: Key equity benchmarks closed in red on the first day of the new derivatives expiry.Indices have gained over 6 per cent in the last fortnight and seems like traders have lightened their positions in the realty and banking stocks ahead of the monetary policy review on May 3. IT stocks were biggest laggards this week. The Sensex closed at 19286.72 down 120 points and the Nifty ended at 5871.45...  

Sensex ends 227 points up; auto, pharma do well

Mumbai: Key equity benchmark indices closed with hefty gains on expiry day. The Nifty closed at one-month high led by index heavyweights like GAIL, Tata Motors, Dr. Reddys, Axis Bank and NTPC. The Nifty gained close to 4 per cent in the April series. Midcap and smallcap stocks also performed well. Bank Nifty was the star performer with massive 12 per cent gains in this series. The hopes of rate...  

Sensex ends flat on profit-booking ahead of RBI monetary policy

Mumbai: The BSE benchmark Sensex on Tuesday ended flat with a small rise of 10 points as cautious investors indulged in profit-booking ahead of the monthly settlement in derivatives segment and the RBI monetary policy meet on May 3. Trading sentiment further influenced on a weakening Asian trend but better opening in Europe supported the market to end in a positive zone for the third straight day. The Sensex rose...  

Sensex up 153 points to one-month high

Mumbai: The BSE benchmark Sensex on Monday climbed 153 points to close at one-month high level of 19,170 on funds buying in financial and interest sensitive stocks as slowing inflation and lower commodity prices raised hopes of a rate cut by RBI, amid a firming global trend. The Sensex rose 153.37 points, or 0.81 per cent, to close at 19,169.83, a level matching with March 18, led by buying in...  

Nifty at one-month high, Sensex ends above 19,000

Mumbai: The Nifty closed at its highest level in a month on Thursday, led by gains in rate-sensitive stocks such as HDFC after exports data stoked rate-cut hopes. The BSE benchmark index ended above the 19,000 level for the first time since April 2, while the benchmark 10-year bond yields fell to their lowest since July 28, 2010. Gains also tracked a rebound in European shares as this week's brutal...  

TCS shares fall 2 per cent ahead of Q4 results

Mumbai: Shares of IT major Tata Consultancy Services (TCS) on Wednesday fell by nearly 2 per cent ahead of its quarterly results, to be announced later in the day. After falling 3.55 per cent during the day, shares of TCS finally ended at Rs 1,459.20, down 1.73 per cent from the previous close on the BSE. At NSE, the scrip closed at Rs 1,459.85, with a loss of 1.57 per...  

Sensex snaps rising trend, dips 14 points

Mumbai: In a volatile trade, the BSE benchmark Sensex on Wednesday declined by 14 points on fag-end selling by funds in heavyweights like RIL, HDFC and TCS amid a weak global trend. Snapping two-days of gaining trend, the Sensex fell 13.77 points, or 0.07 per cent, to close at 18,731.16. The gauge touched the day's high of 18,869.88. The index had recorded a biggest climb in last session. Similarly, the...  

Rupee up 19 paise against dollar in early trade

Mumbai: The rupee on Tuesday gained 19 paise to 54.43 against the dollar in early trade at the Interbank Foreign Exchange on Tuesday on increased selling of the US currency by exporters. Besides, strengthening of yen and euro against the dollar in overseas market and a higher opening in the equity market also supported the rupee, forex dealers said. The rupee had lost 10 paise to close at 54.62 on...  

Sensex registers biggest gain in 7 months, surges 387 points

Mumbai: The BSE benchmark Sensex on Tuesday surged 387 points, its biggest gain in seven months, to end at 18,744.93 led by banking, auto, power and realty scrips on hopes of aggressive rate cut by RBI and likely relief on CAD front due to falling gold and oil prices. Rising for the second day, the 30-share Sensex rose to the day's high of 18,771.33. It finally ended the day at...  

Sensex gains 115; gold, silver hit multi-year low

Mumbai: The market ended on a strong note on Monday after inflation data hit a fresh 40-month low at 5.96 per cent. Core inflation data was also below 4 per cent. Banking stocks closed with smart gains on hopes of a rate cut by the central bank on May 3. The Sensex closed at 18357 up 115 points and the Nifty ended at 5568 up 39 points. Gold prices took...  

Infosys crashes 20 pc, Q4 earnings miss street estimates

Infosys has crashed around 20 per cent post Q4FY13 dismal numbers. At 09.15 am, Infosys was quoting at Rs 2,546.30, down Rs 370.40, or 12.70 per cent. It has touched an intraday high of Rs 2,625.05 and an intraday low of Rs 2,500. It was trading with volumes of 42,951 shares. Infosys' fourth quarter net profit rose 3 per cent year-on-year (1 per cent quarter-on-quarter) to Rs 2,394 crore, partly...  

Sensex hits seven-month closing low; Infosys slumps

Mumbai: The BSE Sensex fell to its lowest close in seven months on Friday after Infosys' lower-than-expected revenue guidance raised concerns about the outlook for the software services exporting sector. The Sensex provisionally fell 1.7 per cent to its lowest close since September 13, 2012. The Nifty fell 1.2 per cent. Infosys Ltd provisionally fell 22.1 per cent, marking its biggest single-day fall since April 4, 2003. ...