Stocks

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. ...  

Sensex ends 100 points up, snaps eight-day losing streak

The Sensex snapped an eight-session losing streak on Tuesday, climbing 100.47 points to close at 19561.04 even as industrial output and inflation numbers for December underscored the weakness in the economy. ...  

Sensex falls for 8th day; Bharti, HDFC among losers

Falling for the eighth day in a row, the BSE benchmark Sensex on Monday lost over 24 points to close at new one year low of 19,460.57 on selling in capital goods and FMCG stocks. The Sensex fell by 24.20 points, or 0.12 per cent, to 19,460.57, its lowest close since December 31, 2012. ...  

Sensex falls for 7th day on earning concerns

The Bombay Stock Exchange benchmark Sensex on Friday lost over 95 points on fag-end selling by investors concerned over economic growth and lower earnings by blue-chip stocks amid a weak Asian cues. ...  

Sensex declines 59 points on growth concerns

The Bombay Stock Exchange (BSE) benchmark Sensex on Thursday fell by over 59 points after lower economic growth forecast dampened investors' sentiment amid a weak global trend. The Sensex declined to close 59.40 points, or 0.30 per cent, to 19,580.32. The gauge had lost 366 points in last five trading sessions. ...  

Rupee gains 16 paise against dollar in early trade

The rupee on Wednesday strengthened by 16 paise, near four-month high, to 52.97 against the US dollar in early trade on the Interbank Foreign Exchange on sustained selling of the American currency by exporters and banks amid increased capital inflows. ...  

Sensex, Nifty end flat

Key equities benchmarks continued to reel in trade on Wednesday, ending the session on a flat note. The BSE Sensex closed down 31.87 points at 19627.95, after touching an intraday high of 19,767.25. ...  

Sensex closes sub 6,000, midcaps butchered

The BSE benchmark Sensex on Tuesday declined by over 88 points in early trade, extending losses for the fourth straight session as funds and retail investors engaged booking profit amid a weak trend in global markets. ...  

Sensex ends 30 points down; IDFC, ONGC dip

The BSE benchmark Sensex on Monday closed 30 points lower due to profit-booking mainly in banking and oil stocks amid weak quarterly earnings by some banks. ...  

Sensex falls; Bharti Airtel, ICICI Bank hit

The BSE Sensex fell for the second day on Friday led by declines in Bharti Airtel after its December quarter results missed estimates by a wide margin. Meanwhile, ICICI Bank fell on profit booking, after rising 4.65 per cent in January. ...  

Sensex stagnant; Jet up 2 by per cent

With the revision of India's FY12 GDP growth to 6.2 per cent from 6.5 per cent, the stage is set for a reality check. The government has also pegged FY12 gross domestic savings at 30.8 per cent, down from 34 per cent earlier. ...  

Rupee gains 28 paise against dollar in early trade

The rupee on Wednesday strengthened by 28 paise to 53.49 against the US dollar in early trade on the Interbank Foreign Exchange after the Reserve Bank cut lending rate and cash reserve ratio (CRR) by 0.25 per cent each on Tuesday to perk up economic growth. ...  

Sensex ends 14 points up; RIL, ICICI gain

The BSE benchmark Sensex on Wednesday closed 14 points up as investors covered up their pending positions before monthly expiry in the derivatives segment amid better global trend. ...  

Sensex ends flat, focus now on RBI's rate decision

The BSE Sensex ended flat on Monday, as gains in some interest rate-sensitive stocks such as ICICI Bank and DLF, a day before the RBI is widely expected to ease monetary policy, were offset by profit-taking in oil and gas stocks. Investors are widely anticipating the Reserve Bank of India will cut interest rates by 25 basis points on Tuesday, easing for the first time since April 2012, after December...  

Apple shares fell by as much as 12 per cent

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. ...  

Sensex ends 180 pts up; Maruti wows street

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. ...  

Sensex ends below 20,000; realty firms melt amid midcap carnage

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. ...  

Sensex manages to keep head above water; Bharti up over 4 pc

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. ...  

Stocks to do better; bonds, gold may lose sheen: RBS

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. ...  

Sensex drops 120 pts; HUL, GAIL biggest losers

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. ...