Apple's stock fell 2.4 per cent to close on Friday at $439.88 for a market capitalisation of $413 billion. ...
07:34 AM, Jan 26, 2013
Apple Inc's shares fell by as much as 12 per cent on Thursday, staging their biggest percentage drop in over four years and slicing more than $50 billion from the company's market value, as disappointing holiday-period iPhone sales reinforced fears it is losing its dominance in smartphones. ...
09:41 AM, Jan 25, 2013
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. ...
09:36 AM, Jan 25, 2013
Investors dumped shares of mid and small cap companies amid a sell-off that intensified in realty firm HDIL. Dealers attributed the panic to a mix of negative news and disappointing quarterly numbers, causing investors to question the rich valuations most stocks are enjoying. ...
10:19 AM, Jan 24, 2013
The Sensex provisionally ended 0.33 per cent higher and the Nifty rose 0.22 per cent. Bharti Airtel, India's top mobile phone carrier, said it has raised voice call prices to account for rising costs, sending shares of telecommunication companies higher as investors bet that rivals will follow the market leader. ...
09:39 AM, Jan 23, 2013
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. ...
07:00 PM, Jan 22, 2013
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. ...
09:40 AM, Jan 22, 2013
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...
09:44 AM, Jan 21, 2013
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. ...
09:29 AM, Jan 18, 2013
Key equity benchmarks continued to pile on gains, this time on the back on rally in oil marketing stocks after reports suggested a diesel prices hike is in the offing. ...
09:50 AM, Jan 17, 2013
The BSE benchmark Sensex on Wednesday closed down by 169 points due to profit-booking amid RBI saying that "inflation was still high", fading hopes of a rate cut. ...
09:47 AM, Jan 16, 2013
A woman stole an empty commuter train from a depot on Tuesday and drove it to a suburb of Stockholm where it derailed and slammed into an apartment building, officials said. ...
07:10 PM, Jan 15, 2013
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. ...
10:02 AM, Jan 15, 2013
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. ...
12:41 PM, Jan 14, 2013
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. ...
10:57 AM, Jan 14, 2013
Benchmarks Sensex and Nifty witnessed a stellar rally before closing with over 1 per cent gains each, supported by the twin surprises, inflation falling to three-year low of 7.1 per cent in December and GAAR getting deferred to April 2016. ...
09:56 AM, Jan 14, 2013
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...
12:30 PM, Jan 11, 2013
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. ...
09:28 AM, Jan 11, 2013
The Sensex ended flat on Thursday as Infosys and other software services exporters fell ahead of their upcoming earnings results, while cement maker fell on near-term outlook concerns. ...
09:46 AM, Jan 10, 2013
The BSE benchmark Sensex on Wednesday slipped by 76 points to close at one-week low and the NSE Nifty ended below the 6,000-mark on fag-end selling in FMCG, consumer durables, auto and metal shares, ahead of November industrial production data. ...
09:43 AM, Jan 09, 2013
