Stocks

Sensex continues losing streak, hits fresh 4-month low

Falling for the sixth day in a row, the Bombay Stock Exchange (BSE) benchmark Sensex on Friday hit fresh four months low by losing over 57 points as cautious investors refrained from buying on current political worries amid weak global cues. ...  

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. ...  

Rupee down 16 paise against dollar in early trade

The rupee on Wednesday fell by 16 paise to 54.53 against the dollar in early trade at the Interbank Foreign Exchange market in line with weak local equities, following withdrawal of support by DMK to the Congress-led UPA government, despite RBI cutting its short-term lending rate. ...  

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. ...  

Wall Street drops on uncertainty about Cyprus

US stocks fell on Tuesday on uncertainty about how Cyprus will avoid a bankruptcy and possible reverberations in the euro zone as the region struggles to emerge from economic crisis. ...  

Sensex crashes 285 points at close on DMK pullout

Shares nosedived on Tuesday as the DMK party's decision to pull out of the ruling UPA rattled investors, overshadowing the Reserve Bank of India's move earlier in the day to cut the benchmark repo rate by 25 basis points. The 30-share BSE Sensex crashed 285.10 points to end the day at 19008.10, and the 50-share Nifty fell 89.30 points to finish at 5745.95. ...  

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. ...  

Rupee up 14 paise against dollar in early trade

The rupee on Wednesday gained 14 paise to 54.04 against the dollar in early trade at the Interbank Foreign Exchange on sustained selling of the US currency by exporters and banks. ...  

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. ...  

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. ...  

Rupee down 18 paise against dollar in early trade

The rupee on Thursday lost 18 paise to 54.90 in early trade on the Interbank Foreign Exchange due to renewed dollar demand from importers and appreciation of the US currency overseas. Forex dealers said a weak opening in the domestic stock market also put pressure on the local unit. ...  

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. ...  

Govt to help finance firms repossess Kingfisher planes

India will make it easier for leasing and finance firms to reclaim planes used by Kingfisher Airlines, two government sources told Reuters, after complaints that India was complicating the process. ...  

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. ...