Stocks

Sensex ends above 19,100; highest since April 2011

The Sensex closed on Thursday at their highest levels since April 2011, after the government agreed to a vote on its decision to let foreign supermarkets set up shop in India, taking a major step towards ending a deadlock in Parliament. ...  

Sensex ends 305 points up; Bharti, Hindalco, HDFC gain

The Sensex posted its biggest daily gain in more than two months as investor sentiment turned positive on growing hopes the government would push through reforms to stimulate growth and avoid a ratings downgrade. ...  

Sensex ends flat after late recovery

Mumbai: Indian equity benchmarks closed flat on Friday after recouping losses in late trade, but the week was positive as the benchmark gained 1 per cent. The 50-share NSE Nifty fell below the 5600 level to touch an intraday low of 5,593.55 following the Parliament logjam for the second consecutive session on Friday. But the recovery in late trade helped the index fall just 1.15 points to close at 5,626.60....  

Sensex ends 57 points up on hopes of economic reforms

Mumbai: The BSE barometer Sensex rose for the second straight day on Thursday gaining nearly 57 points on selective buying in banking, IT and FMCG stocks after positive signs that the government might push through its economic reforms to boost economic growth. The 30-share benchmark index rose by 56.96 points, or 0.31 per cent, to settle at 18,517.34 points as an attempt by former UPA ally Trinamool Congress to bring...  

Sensex closes 131 pts up ahead of Parliament session

Mumbai: Indian equities gained strength in the last hour of trade on Wednesday despite listless trade in global peers. The NSE Nifty closed above the 5600 level for the first time in last four sessions after seeing the consolidation with a negative bias since last week. The index rose 43.25 points to close at 5,614.80. Meanwhile, the 30-share BSE Sensex gained 131.06 points to end at 18,460.38 on hopes that...  

Sensex ends flat; M&M, HDFC rally, JP Associates loses

Mumbai: Indian equities closed flat after hovering around their previous closing values in the second half of trade on Tuesday. Although the market has been in a consolidation mode, it has been breaking the range at lower end first it broke the 5700 level on November 9 on closing basis and then 5600 level on November 16. The 30-share BSE Sensex gained more than 100 points in early trade today...  

How gravity has taken hold of high-flying Apple

New York: Gravity has taken hold of Apple, and a lot of investors have been smacked on the head. Apple, the largest US stock by market value, was headed toward its eighth straight week of declines on Friday, as the rush to secure profits before a potential hike in capital gains taxes next year has investors dumping the market favorite. Since hitting a record high of $705.07 a share in...  

Sensex tumbles 162 points to two-month lows

Mumbai: Falling for the sixth straight day on Friday, the Bombay Stock Exchange benchmark Sensex tumbled 162 points to end at nearly two-month low on late selling in realty, banks and auto shares as the RBI dashed hopes of an early rate cut saying inflation is still "quite high". Weak trends in global markets on Eurozone debt worries and the rupee trading above 55-levels against the dollar also hit the...  

Trading on bourses to be for 75 mins this Diwali

Mumbai: The "muhurat" trading session will be conducted for 75 minutes on Tuesday, the Diwali day, on leading bourses NSE and BSE. The special trading session would be conducted to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity. It would also mark the new year for traders as per the Hindu calendar, or Samwat 2069. The tradition of muhurat trading dates back over a century. Trading would...  

SBI, Tata Steel shares drag Sensex 163 points down

Mumbai: Falling for the second straight day, the BSE benchmark Sensex on Friday tanked by 163 points as 3-4 per cent losses in SBI, Tata Steel and ONGC shares on muted September quarter performance soured the sentiment, amid a weak global trend. The Sensex, which had lost 56 points in the previous session, opened higher at 18,894.42 but failed to sustain the initial momentum to close 162.58 points, or 0.86...  

Sensex ends 56 points down; Tata Motors up 5.4 pc

Mumbai: The Sensex and the Nifty fell on Thursday, retreating from near 4-1/2 week highs, as recent out-performers such as Larsen & Toubro were hit by profit-taking on worries about budget negotiations in the United States and about Europe's economic troubles. The 30-share BSE Sensex, which dropped as much as 166 points in early trade, lost 56.15 points or 0.30 per cent to close at 18,846.26. Meanwhile the 50-share NSE...  

Sensex ends 85 points up; financial stocks lead

Mumbai: The BSE Sensex rose for a sixth session on Wednesday, with State Bank of India gaining on hopes of improved asset quality when it reports September quarter results on Friday, while other lenders such as ICICI Bank also rose in anticipation of better loan growth in the holiday season. The 30-share BSE Sensex gained 85.03 points or 0.45 per cent to close at 18,902.41. Meanwhile, the 50-share NSE Nifty...  

Terrorists investing in stock markets: Home Minister

Rome: Concerned over terror groups investing in stock markets through spurious companies, India on Tuesday sought international cooperation to deal with it. "It is a cliche to say that terror-funding is the lifeblood of terrorism. Credible intelligence suggests that terrorist outfits are investing in stock markets through spurious companies, setting up fictitious businesses and laundering money," Home Minister Sushil Kumar Shinde said, addressing the Interpol General Assembly in Rome. Shinde...  

Sensex send 54 points up; Cipla, SBI, ACC, Ambuja gain

Mumbai: The Sensex rose for a fifth consecutive session on Tuesday, as drug maker Cipla jumped after posting a surge in quarterly earnings, while State Bank of India rose on hopes for rising demand for loans in the holiday season. The 30-share BSE Sensex gained 54.51 points to close at 18,817.38 while the 50-share NSE Nifty rose 20.20 points to 5,724.40. Cipla provisionally rose 4.2 per cent, while State Bank...  

Sensex ends flat despite weak global cues, fall in rupee

Mumbai: Indian shares remained lacklustre throughout the session on Monday with the BSE Sensex closing flat to positive, outperforming global peers. The market also ignored the sharp fall in rupee that dropped 1.44 percent or 77 paise to 54.585 against the US dollar due to oil companies’ dollar demand (at 15:31 hours IST) The 50-share NSE Nifty rose 6.50 points to close at 5,704.20 while the 30-share BSE Sensex went...  

Sensex ends higher; Bajaj Auto, L&T, ICICI Bank gain

Mumbai: It was a good day for the Indian equities as benchmark indices, Sensex and Nifty, closed up 1%. The Nifty ended at 5,695.55, within striking distance of the 5,700 mark. All the BSE sectoral indices were closed in positive terrain. Trader Atul Suri is very bullish on the market. He expects the Nifty to break lifetime high in the medium-term. "I have technical target of 6,730 on the Nifty,"...  

Tata Motors, Bharti Airtel lift Sensex by 56 pts

Mumbai: Reversing early losses, the BSE benchmark Sensex on Thursday bounced back to close over 56 points up helped by 5 per cent rise in Tata Motors shares on hopes of robust October sales and over 4 per cent rise in Bharti Airtel ahead of a key meeting to consider spectrum refarming issue. The Sensex, which had gained 74.53 points in Wednesday's trade, opened weak and was down over 60...  

BSE Sensex posts biggest monthly fall since May

Mumbai: The BSE Sensex rose on Wednesday, recovering from steep falls in the previous session, as auto makers such as Maruti Suzuki India rose on hopes sales would rebound, while drug makers including Glenmark Pharmaceuticals extended a recent rally on the back of robust earnings. SBI pulled back from the previous session's drop as hopes of sturdier-than-expected quarterly earnings offset concerns after the RBI on Tuesday raised the provisioning level...  

Kingfisher stock gains after staff ends strike

Mumbai: Kingfisher Airlines' scrip rose 4.6 per cent to touch its upper limit on Friday as the management lifted the lockout, agreeing to pay by December the four-month salary dues to striking employees. The stock opened the day 4.59 per cent higher and hit the day's upper circuit of Rs 11.40 on the BSE, defying a weak stock market. At NSE, the scrip gained 4.61 per cent to Rs 11.35....  

Sensex falls 133 points before RBI rate-cut meet

Mumbai: The Bombay Stock Exchange Sensex fell 133 points, pulled down by HUL and ICICI Bank which posted their quarterly results on Friday, as cautious investors booked profits ahead of the RBI monetary policy review meeting next week and a weak trend in equity markets globally. Top heavyweight RIL was also down sharply. The BSE 30-stock index, Sensex, which gained 49 points on Thursday, fell 133.29 points or 0.71 per...