Corporate Affairs Ministry issues notices to auditors in NSEL, FTIL case
Mar 10, 2014 at 16:00 | Source:
New Delhi: At least three auditors have come under the scanner of the Corporate Affairs Ministry for their alleged lapses in carrying out audits of crisis-hit National Stock Exchange and its promoter group Financial Technologies. The ministry has ...
Bharti Airtel shares up after S&P's upgrades rating
Mar 07, 2014 at 22:07 | Source:
Bharti Airtel shares on Friday surged as much as 5.5 per cent after Standard and Poor's upgraded the telecom major's ratings.After a positive opening, Airtel shares climbed 5.35 per cent to Rs 301.10 on the BSE. At the National Stock Exchange, it ro...
Sensex@21,919: Five reasons why market's making new highs
Mar 07, 2014 at 16:21 | Source:
Indian stock market's benchmark index, that is Sensex, today made two records. It hit an all-time intraday high of 21,960.89 and then went on to make life closing high of 21,919.79. The 30-stock Sensex closed the day at 21,919.79; up 405.92 points, o...
Sensex rises over 300 points, Nifty hits 6,500 level
Mar 07, 2014 at 13:22 | Source:
The benchmark S P BSE Sensex on Friday soared to a new record high of 21,828 points or 1.46 per cent higher on heavy foreign capital inflows, tracking positive domestic and global cues.Good buying was observed in banking index (bankex), capital good...
Sensex@21,800; Re below 61: Thank Russia, NDA and economics
Mar 07, 2014 at 13:06 | Source:
The markets have been on a roll ever since Russia pulled out troops from Crimea, and President Vladimir Putin blamed "unconstitutional overthrow and seizure of power" in the region for the crisis. "Yes, politically, we get a sense that things are im...
Nifty surges past 6,500; Sensex rallies over 300 points
Mar 07, 2014 at 13:06 | Source:
MUMBAI: The Nifty continued to gain momentum breached another psychological level of 6,500 on the back of sustained inflows from foreign institutional investors. Improving macroeconomic environment and hopes that a new stable government would be abl...
Sensex hits record all-time high; Nifty breaches 6,450 on FII inflows
Mar 07, 2014 at 10:16 | Source:
MUMBAI: The Sensex extended its winning streak and hit a fresh record high on the back of strong inflows from foreign institutional investors. All the major sectoral indices, barring the IT space, were in the green with capital goods, realty and oil...
Magic market moment
Mar 07, 2014 at 04:31 | Source:
Calcutta Telegraph News
Mumbai, March 6: The Sensex surged to a life-time high of 21525.14 as foreign investors scrambled to scoop up stocks, buoyed by hopes that the worst may be over for the Indian economy and a new reform-minded government will soon be in place after ne...
Bourses ask trading members to disclose holding in listed companies
Mar 07, 2014 at 01:12 | Source:
To ensure more transparency in the capital market, stock exchanges have asked their trading members to disclose their shareholding pattern if they hold 1 per cent or more stake in any listed company. Such disclosure norms would be applicable for tra...
Sensex makes fresh closing high at 21,513; rally to continue, say experts
Mar 06, 2014 at 23:51 | Source:
MUMBAI: The S&P BSE Sensex not only hit an all-time high in trade today but also closed at an all-time closing high on the back of strong inflows from foreign institutional investors. Narrowing down of India's current account deficit (CAD) boosted in...
Financial Tech soars after BofA-Merrill unit buys stake
Mar 06, 2014 at 14:00 | Source:
Shares in Financial Technologies (India) gained after a Bank of America-Merrill Lynch unit bought a 0.51 per cent stake in the trading software provider via a bulk deal on Wednesday, India's National Stock Exchange data shows. Merrill Lynch C...
Financial Technologies up; BofA-Merrill unit buys stake
Mar 06, 2014 at 12:32 | Source:
Shares in Financial Technologies (India) Ltd gained 3.4 per cent after a Bank of America-Merrill Lynch unit bought a 0.51 per cent stake in the trading software provider via a bulk deal on Wednesday, India's National Stock Exchange data showed. Merr...
Economic boost? Sensex, Nifty set for all-time closing highs
Mar 06, 2014 at 10:51 | Source:
MUMBAI: After the S&P BSE Sensex breached its all-time closing high levels in early trade, it is now the turn of Nifty to oblige. The index is within striking distance from it all-time closing high of 6,363.9 after hitting a new high for 2014. Accor...
Rate futures fail to shine as traders wary of taking bets in election year
Mar 06, 2014 at 07:16 | Source:
MUMBAI: Since its launch in January, trades in interest rate futures (IRFs) have failed to gain traction as traders are wary of taking definite calls in an election year, with curbs on insurers and mutual funds to participate acting as a deterrent. ...
Sensex rises 67 points on positive global cues
Mar 06, 2014 at 04:22 | Source:
(PHOTO: Associated Press) The benchmark Sensex on Wednesday rose over 67 points to end near its record close on positive global cues and as investors started taking positions with just about a month left for the Lok Sabha election.Indian stocks larg...
Sensex opens in green on positive global cues; realty, tech up
Mar 05, 2014 at 10:21 | Source:
MUMBAI: The S&P BSE Sensex opened on a positive note led by gains in realty, technology and pharmaceuticals taking cues from global peers. "The upbeat move is likely to last at least in the opening hours as indices look to breach previous levels. Th...
Sensex, Nifty log best rise in 7 weeks on easing Ukraine tension
Mar 05, 2014 at 09:07 | Source:
Indian equity benchmark indices bounced back to clock their best daily gain in seven weeks as global appetite for emerging market assets recovered on reports of easing tension between Russia and Ukraine.The 30-share BSE benchmark Sensex resumed almo...
Sensex surges past 21000, gold sinks as Vladimir Putin calls back troops
Mar 04, 2014 at 13:11 | Source:
MUMBAI: The Nifty broke out of its narrow range and surged above 6,275 level following media reports that Russian President Vladimir Putin has ordered troops to return to their bases. "Russian President Vladimir Putin has ordered troops that took par...