Mar 04, 2015 at 10:00 | Source: Moneycontrol.com
The market continued to see buying interest, rising 1 percent following a surprise repo rate cut. Banking & financials, auto, realty and capital goods supported the market.
Mar 02, 2015 at 16:30 | Source: Moneycontrol.com
Meanwhile, FMCG index was dragged heavily by ITC which lost 5 percent at close. The stock was still reeling under excise duty hike on cigarettes proposed by the FM. Most brokerages have downgraded the stock and recommend selling it.
Feb 28, 2015 at 15:30 | Source: Moneycontrol.com
The 50-share index was up 57.25 points at 8901.85. The Sensex ended up 141.38 points. About 1241 shares have advanced, 1494 shares declined, and 220 shares are unchanged.
Feb 28, 2015 at 15:17 | Source: Moneycontrol.com
Axis Bank, Sun Pharma, Tata Motors, ICICI Bank and HUL are top gainers in the Sensex.
Feb 28, 2015 at 13:20 | Source: Moneycontrol.com
Axis Bank is up 5 percent, follwoed by HUL, Dr Reddy's Labs, GAIL and Tata Motors. Among the losers are ITC, BHEL, NTPC, Tata Power and HDFC.
Feb 28, 2015 at 13:10 | Source: Moneycontrol.com
ITC is down 8 percent as government has increased excise duty by 15 percent. FMCG index is down 4 percent from previous close. However, HUL is up 2 percent from the FMCG pack. Axis Bank, Tata Motors, Tata Steel and Dr Reddy's Labs are gainers in the Sensex. Among the losers are ITC, NTPC, BHEL, Sesa Sterlite and HDFC.
Feb 28, 2015 at 12:20 | Source: Moneycontrol.com
Presenting the Budget for 2015, Arun Jaitley has promised to abolish wealth tax and 2 percent additional surcharge. He also promised to rationalise and remove exemptions for corporates. He has also said that basic rate of corporate tax to be 25 percent for next four years.
Feb 28, 2015 at 11:17 | Source: Moneycontrol.com
The Sensex is up 278.55 points or 0.9 percent at 29498.67, and the Nifty up 78.05 points or 0.9 percent at 8922.65. About 1415 shares have advanced, 822 shares declined, and 166 shares are unchanged
Feb 28, 2015 at 11:00 | Source: Moneycontrol.com
Capital markets may see a reduction in securities transaction tax. In a boost to financial savings, the FM may increase the limits for deduction under section 80C of the income tax act.
Feb 28, 2015 at 07:57 | Source: Moneycontrol.com
It was a super run up to the Budget as bulls seem excited ahead of FM arun Jaitley's speech. The Sensex was up 473.47 points or 1.6 percent at 29220.12 and the Nifty ended 160.75 points or 1.8 percent at 8844.60 on Friday.