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Basis Point

The security profit change of 0.01%. E.g. the decrease of an interest rate from 5% to 4.5%, means the loss of 50 basis points.

News On Basis Point
Metal stocks rally post China's surprise rate cut

24-11-2014| Source:Moneycontrol.com

People's Bank of China cut one-year benchmark lending rates by 40 basis points to 5.6 percent. It lowered one-year benchmark deposit rates by 25 basis points to 2.75 percent.

China surprises with interest rate cut to spur growth

21-11-2014| Source:Reuters

The People's Bank of China said it was cutting one-year benchmark lending rates by 40 basis points to 5.6 percent. It lowered one-year benchmark deposit rates by less - just 25 basis points

Tata Motors rises 3%, analysts up target on JLR growth hope

17-11-2014| Source:Moneycontrol.com

well declining only 90 basis points.

BGR Energy Q2 profit seen down 7.3% to Rs 32.5 cr: Poll

12-11-2014| Source:CNBC-TV18

Operating profit may slip 6.1 percent year-on-year to Rs 95.4 crore and margin may fall 20 basis points to 12.1 percent in the quarter ended September 2014.

Reliance Infra Q2 profit seen up 8.6% to Rs 464 cr: Poll

12-11-2014| Source:CNBC-TV18

Operating profit (EBITDA) may jump 41.8 percent year-on-year to Rs 1,083 crore and margin may expand 1180 basis points to 27.2 percent in July-September quarter.

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