Stocks

Sensex ends Monday in negative

It was an extremely volatile trading session as the market closed on Monday on a soft note with a downward bias. The Sensex ended the day at 18877.96, down 40.56 points while the Nifty lost 21.20 points to close at 5698.50. ...  

Rupee drops by 15 paise against dollar in late morning trade

The Indian rupee dropped by 15 paise to Rs 54.51 against the US dollar in the late morning trade on persistent dollar demand from banks and importers on the back of higher dollar overseas. ...  

Sensex ends 57 pts up; Maruti emerges as the biggest gainer

The market closed on a positive note as it seemed to digest details of the Union Budget. After major sell-off seen on Thursday, the market managed to pullback today especially in the last few trading hours. As the Finance Ministry issued clarification on tax residency certificates (TRC) calmed nerves. ...  

Rupee at three-week high; budget, GDP data awaited

The rupee rises to 53.59/60 in opening trade, its highest since February 8 and weaker compared with its close of 53.86/87 on Wednesday. Traders say a risk-on mood globally pushing the dollar lower, while market is also hopeful for a fiscally disciplined budget. ...  

Rupee gains 19 paise against dollar in early trade

The rupee appreciated by 19 paise to Rs 53.90 against the dollar in early trade at the Interbank Foreign Exchange (forex) market on Wednesday on selling of the US currency by exporters. ...  

Sensex rallies as Survey says worst for economy over

Equity benchmarks rallied Wednesday after the Economic Survey said that the current economic downturn may have run its course, and things were looking up. However, mid-cap shares continued to be under pressure as cash-strapped traders unwound their positions, unable to pay the margins required to hold them. ...  

Sensex falls to three-month low; blue chips hit

The Sensex fell more than 1 per cent to its lowest close in three months on Tuesday, as blue chips such as ICICI Bank were hit by growing caution ahead of the 2013/14 budget to be unveiled later this week. Falls also tracked a sell-off in global equities as investors feared a resurgence of the euro zone debt crisis after Italy's inconclusive election results. ...  

Banks' stocks slump on bourses

Shares of existing banks lost value on the bourses on Monday amid the RBI issuing guidelines for new bank licences. More than a dozen corporates, including big names such as Aditya Birla Group, M&M, L&T, as well as state-owned PFC, LIC and India Post, are likely to apply to the Reserve Bank for licence to open banks. ...  

Mid-cap, small-cap stocks crash; regulators begin probe

Shares of a host of mid-cap and small-cap companies on Monday crashed in the stock market, plunging as much as 60 per cent in some cases, amid panic selling on speculations of sale of pledged shares. Stock exchanges and market regulator SEBI immediately began looking into the matter to probe any possible foul play after a huge sell-off was witnessed in shares of more than a dozen companies towards noon,...  

Sensex, Nifty end in green; Sebi to probe midcap crash

Key equity benchmarks ended trade on Monday flat with a positive bias. The Sensex closed up 14.68 points at 19331.69, and the Nifty ended up 4.45 points at 5854.75. ...  

Sensex declines 8 points, RIL gains on fresh buying

The Bombay Stock Exchange benchmark Sensex on Friday closed eight points down on subdued buying by funds ahead of the Union Budget. The Sensex ended lower by 8.35 points, or 0.04 per cent, to 19,317.01. The gauge moved between 19,401.75 and 19,289.83 during the session. The index had dropped 317 points in the previous session. ...  

Sensex falls more than 300 points; banks hit

The BSE Sensex posted its biggest fall since May 2012 as bank shares such as ICICI Bank fell a day after RBI data showed loan growth was still a concern and on weakness in global shares due to worries over Fed slowing its bond buying program. ...  

Sensex gains for third day, ends 7 points up

The Bombay Stock Exchange benchmark Sensex on Wednesday closed seven points up on the back of a strong rally in market heavy Reliance Industries amid a firming global trend. ...  

Sensex closes up 135 points; realty, Hotel Leela, KFA soar

Key equity benchmarks ended another listless day of trade in the green. The BSE Sensex closed near the highest point of the day at 19664.04, up 0.84 per cent. Meanwhile, the NSE benchmark 50-share Nifty closed up 41.50 points at 5939.70. ...  

Rupee down 14 paise against dollar in early trade

The rupee declined by 14 paise to Rs 54.36 per dollar in early trade on the Interbank Foreign Exchange market on Monday. Rupee was weighed down by dollar's gains against other currency rivals. ...  

Sensex, Nifty end at 2013 lows

Key equity benchmarks ended trade in the red however off the day's low. The BSE Sensex closed down 61.97 points at 19435.21 after touching an intraday low of 19,381.82. ...  

Sahara Housingfina Corp, Sahara One Media stocks crash

Shares of Sahara Housingfina Corporation and Sahara One Media & Entertainment today tanked as much as 19 per cent after Sebi ordered freezing of bank accounts and attachment of all investments and properties of two group firms and their top executives. Following this, Sahara group's only listed firms -- Sahara Housingfina and Sahara One Media -- fell sharply even as the group claimed the actions taken by Sebi were based...  

Nifty, Sensex tank; Tata Motors go down 2.6 per cent

Earnings-hit market had very little to look forward to on Thursday, although January inflation numbers raised hopes that WPI inflation will go down in fiscal 2013. ...  

Nifty closes off day high; UB, MCX big losers

Benchmark indices closed up, but well off their intra-day highs as the trade deficit further widened in January, underscoring the continuing weakness in the economy. ...  

2G scam: Unitech shares drop 16 per cent

Unitech opened 9.7 per cent down and fell further down to 16 per cent on news that the real estate developer had allegedly colluded with lead 2G prosecutor. CNN-IBN accessed a preliminary enquiry registered by the CBI on February 6, which states that AK Singh, who represented the CBI in the 2G case, allegedly colluded with the accused Sanjay Chandra, MD of Unitech. ...