Stock exchanges consider opening on budget day
Jan 22, 2015 at 02:15 | Source:
MUMBAI (Reuters) - India's stock exchanges are considering trading on Feb. 28, the budget day, which falls on a Saturday."If SEBI wishes we will be open on budget day. We await a direction from regulator," a spokesman for the National Stock...
Nifty hits new life high, HDFC and Axis Bank lead gains
Jan 20, 2015 at 14:12 | Source:
Led by strong positive sentiments particularly due to heavy buying of shares in HDFC and Axis Bank, the Nifty todaysoared to a life time high of 8,628, albeit briefly. The bullish buying in the steel sector in firms like Tata Steel, Hindalco and Jind...
RBI rate cut effect: Sensex zooms 600 points, Nifty above 8400
Jan 15, 2015 at 10:25 | Source:
The benchmark BSE Sensex climbedover 600 points and the NSE Nifty regained the 8,400-mark inopening trade today as rate-sensitive stocks led rally afterthe RBI in a surprise move cut repo rate by 0.25 percent.The 30-share index, which shed 238.45 poi...
Markets end three-day winning streak, Sensex closes below 27,500 mark
Jan 13, 2015 at 18:18 | Source:
Mumbai: A day after the market rallied on the back of positive economic data, a benchmark index of Indian equities markets crashed 160 points in Tuesday's trade.Apart from fast moving consumer goods (FMCG) and healthcare index, all sector-based indic...
Sensex gains after three days of decline, closes above 27,000
Jan 08, 2015 at 16:34 | Source:
Mumbai: After three consecutive days of decline, a benchmark index of Indian equities markets closed Thursday's trade up 366 points or more than one and a half percent.All sector-based indices of the S&P Bombay Stock Exchange (BSE) ended with...
Sensex surges over 300 points, moves past 27,000
Jan 08, 2015 at 10:32 | Source:
A benchmark index of Indian equities markets on Thursday surged over 300 points as banking stocks gain.All the sectors were trading in green. The rally was led by banking, auto, capital goods, healthcare, consumer durables and metal.The 30-scrip Sens...
Sensex cracks over 746 points as Brent falls below $53/bbl
Jan 06, 2015 at 14:35 | Source:
Sustaining heavy losses due to negative global cues, a benchmark index of Indian equities markets plunged over 740 points in the afternoon trade session Tuesday.Market analysts cited that the fall in Indian markets was due to heavy corrections in cru...
Sensex plunges over 500 points as crude oil dips below $50
Jan 06, 2015 at 13:21 | Source:
Sustaining heavy losses due to negative global cues, a benchmark index of Indian equities markets plunged over two percent or 573 points in the afternoon trade session Tuesday.Market analysts cited that the fall in Indian markets was due to heavy cor...
Crude shock: Sensex plunges nearly 600 pts but rupee recovers
Jan 06, 2015 at 10:40 | Source:
Mumbai - The benchmark BSE Sensex tumbled over 588 points to 27,254.17 and the NSE Nifty fell below the 8,300-mark in opening trade today on heavy selling by funds and investors amid global sell-off on worries about Eurozone and sinking oil prices.Th...
Investors richer by Rs 28 lakh cr in 2014 as market rises for the 4th year
Dec 31, 2014 at 17:14 | Source:
Mumbai: Stock market investors became richer by a whopping Rs 28 lakh crore in 2014 as a record market rally boosted the valuation of all listed firms to Rs 98.36 lakh crore at the end of year.This was the fourth consecutive year of rise in investor ...
Markets end flat as capital goods, bank stocks spike in trade
Dec 30, 2014 at 16:56 | Source:
Mumbai: A day after the union cabinet passed an ordinance to amend the Land Acquisition Act, a benchmark index of the Indian equities markets closed flat Tuesday.The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE) clo...
Sensex surges 265 pts, Nifty up 78 points as China seeks to boost economy
Dec 29, 2014 at 10:49 | Source:
Mumbai: Rising for the second straightsession, the benchmark BSE Sensex today spurted by over 265 points in early trade led by gains in metal, realty and auto stocks amidst a firming trend at other Asian markets. The 30-share index, which had gained ...
Markets snap two-day losing streak, Nifty closes above 8,200
Dec 26, 2014 at 17:29 | Source:
Mumbai: A day after it resumed trading, a benchmark index of the Indian equities markets closed Friday's session with marginal gains - up 33.17 points or 0.12 percent.Heavy selling pressure was observed in fast moving consumer goods (FMCG), consumer ...
Modi need not privatise Rlys, but he would still need to corporatise it
Dec 26, 2014 at 12:58 | Source:
Privatisation of the Indian Railways, probably the worlds largest public sector enterprise outside the oil industry, was never on the cards, so one wondered why Narendra Modi had to re-emphasise this point yesterday (25 December) in Varanasi.This is ...
Sensex closes nearly 200 points down
Dec 23, 2014 at 18:01 | Source:
A day after it rallied by 330 points, a benchmark index of Indian equities markets came under heavy selling pressure and closed Tuesday's trade nearly 200 points down.Ironically, the market's barometer had opened in green and made healthy gains of ab...
Strong start to the week as Sensex gains 330 points on global cues
Dec 22, 2014 at 19:03 | Source:
Tracking the global cues and recovery of rouble, a benchmark of Indian equities markets made healthy gains in Monday's trade - up 329.95 points.The markets opened on a positive note and later traded sideways, but recovered in the second half ahead of...
Mumbai rocked by deadly attacks
Dec 18, 2014 at 20:02 | Source:
Gunmen have carried out a series of co-ordinated attacks across the Indian city of Mumbai (Bombay), killing 101 people and injuring 287 more. At least seven high-profile locations were hit in India's financial capital, including two luxury hotels whe...
Can the BCCI be fixed? No! We should ask the NSE to create a rival league
Dec 12, 2014 at 11:16 | Source:
How do you solve a problem like BCCI?You can't. It's like asking how do you straighten a dog's tail. You can leave it in a hard cement cast and, when the cast is removed, the tail will rediscover it curve. So, the Supreme Court should stop trying to ...