Sensex tumbles over 300 pts at close on thin volumes; metals, banks slide
May 25, 2015 at 16:13 | Source:
Equity markets came under severe hammering Monday plagued by heavy profit taking in frontline shares, with investors also reducing their exposure to metals, banking and capital goods scrips ahead of the F&O expiry later this week, said dealer...
RBI's credit policy entirely along expected lines: P Chidambaram
Jun 04, 2014 at 04:57 | Source:
NEW DELHI: Former Finance Minister P Chidambaram today said the RBI's decision to keep interest rates unchanged was expected and the government should build on what has been achieved. "RBI's credit policy is entirely along expected lines. It is natur...
RBI Credit Policy: Key takeaways
Jun 03, 2014 at 13:07 | Source:
In line with market expectations, the Reserve Bank of India on Tuesday kept key rates unchanged. While the repo rate was maintained at 8% and reverse repo rate at 7%, the SLR was cut by 50 basis points. Rajan kept the policy rate unchanged at 8 per c...
Stock market feels RBI will keep rates unchanged
Mar 31, 2014 at 13:32 | Source:
Mahesh NayakDon't get carried away by last week's rise in the Indian market. Some of it can be attributed to net asset value (NAV) propping ahead of the year-end. Lack of supplies also supported the rise in the Sensex as there was no major selling b...
D-Street welcomes prospect of NDA forming stable government at the centre
Jan 27, 2014 at 04:52 | Source:
MUMBAI: Brokers and fund managers have welcomed recent surveys showing the BJP- led National Democratic Alliance winning more seats than expected earlier, saying the prospect of a stable government at the Centre will spur the stock market. They, howe...
RBI’s decision sends bank stocks roaring, for a while
Dec 18, 2013 at 12:37 | Source:
The Hindu BusinessLine
The decision of RBI to keep the repo rate and CRR untouched sent the bank stocks roaring on the NSE with the CNX Bank Nifty rocketing by over 300 points. But after 10 minutes, following probably a closer look at the RBI credit policy announcement, t...
Market in a decent buying zone, could move upwards: Prakash Diwan
Dec 17, 2013 at 05:02 | Source:
In a chat with ET Now, Prakash Diwan of Altamount Capital Management shares his market outlook for Tuesday. Excerpts: ET Now: How are you analysing the fundamental set up of the market right now? Is there is a bit of short already built into the sys...
BSE Sensex ends up 359 pts, Nifty above 6200; ICICI up 6%
Oct 29, 2013 at 19:57 | Source:
4:00 pm Market closing: It was a spectacular rally as the Nifty ended at 6220.90, up 120 points or 2 percent. The Sensex was up 358.73 points or 1.74 percent to close at 20929.01 Maruti was the highest gainer, while BHEL remained major loser in the ...
Nifty closes below 6150; HUL falls 2% ahead of Q2 nos
Oct 25, 2013 at 18:02 | Source:
Benchmark indices continued to struggle for direction Friday as buyers are beginning to feel that the market may have got ahead of itself. The sluggish trend in global markets too added to the cautious mood. The Sensex closed at 20683.52, down 41.91...
Live: 'Sensex will rally if BJP shows momentum in opinion polls'
Sep 27, 2013 at 13:09 | Source:
1:05 pmIndian markets were volatile for a fourth consecutive day today. After opening in green, both the Sensex and Nifty swinged into the red.Saurabh Mukherjea of Ambit Capital is cautious on the market and expects sideways trading for 3-6 months. H...
Live: Sensex, rupee strong, markets just 6% away from all-time high
Sep 27, 2013 at 09:14 | Source:
27 September 9:20 am Indian markets, both equity, opened stronger this morning on positive global cues. Overnight, US stocks snapped five-day losing streaks after Initial claims for state unemployment benefits dropped last week near a six-year low.Wh...