Markets collapse on geopolitical worries, Sensex tanks 654 points
Mar 26, 2015 at 19:31 | Source:
Mumbai: Rising geopolitical tension in the Middle East spooked domestic markets today with benchmark Sensex plummeting 654 points, its biggest daily fall in nearly three months, to close at 27,457.58.Across-the-board selling on the last day of monthl...
Sensex falls to 10-week low on foreign outflow concerns over Yemen crisis
Mar 26, 2015 at 13:25 | Source:
Mumbai: The BSE Sensex and Nifty hit 10-week lows today, heading for their seventh straight session of falls as blue-chips such as Housing Development Finance slumped on concerns about foreign investors after Saudi Arabia launched air strikes in Yeme...
Sensex ends lower; rate-sensitive stocks fall
Mar 20, 2015 at 01:15 | Source:
MUMBAI (Reuters) - The BSE Sensex fell on Thursday for a second consecutive session, retreating from earlier gains of as much as 1.2 percent as investors felt domestic markets already sufficiently reflect expectations for a later start in U.S. rate r...
Sensex crosses 30,000, Nifty at life high as markets cheer RBI rate cut
Mar 04, 2015 at 12:16 | Source:
The RBI'ssurprise interest rate cut this morning sent the market soaring with the Sensex breaching the 30,000 point mark for the first time in its history.The Nifty was also a life timehigh as markets cheered the RBI's decision to cut monetary rates,...
Is hashtag banking the next big thing in India?
Feb 27, 2015 at 11:25 | Source:
Driven by the need to provide relevant services for younger and upwardly mobile customers, social networking banking or hashtag banking, is the new buzzword in large private banks. India has 118 million active social media accounts, of which 100 mill...
Oil ministry leak: Mystery fire at Metis Energy office damages assets
Feb 23, 2015 at 14:20 | Source:
New Delhi: A mysterious "fire" at the office of energy consultant Prayas Jain, who has been arrested for allegedly buying stolen secret documents of oil ministry, has gutted "assets" inside. A day after arrest of its chief executi...
Vedanta Resources plans to rename Sesa Sterlite as Vedanta Ltd
Feb 20, 2015 at 18:55 | Source:
New Delhi: Aimed at leveraging the "Vedanta" brand, metals and mining conglomerate Vedanta Resources plans to rechristen its subsidiary Sesa Sterlite Ltd as Vedanta Ltd."In order to have a better alignment with the brand Vedanta as par...
Sensex at 2-1/2 week high; rate-sensitive stocks rise
Feb 19, 2015 at 04:30 | Source:
MUMBAI (Reuters) - The BSE Sensex and Nifty rose for the sixth straight session on Wednesday, hitting their highest in nearly 2-1/2 weeks, as interest-rate sensitive stocks such as ICICI Bank(ICBK.NS) gained on hopes of rate cuts by the Reserve Bank ...
Sensex hits 3 week high on optimism over upcoming Budget, rate cut hope
Feb 18, 2015 at 18:27 | Source:
Mumbai: Riding high on optimism over the upcoming Budget and hopes of rate cut, Indian markets rose for the sixth straight day with benchmark Sensex surging 184.38 points to close at three-week high of 29,320.26 today. Interest-rate sensitive counter...
Sensex gains 41 points in fifth day of rise, eyes glued on Greece
Feb 16, 2015 at 21:27 | Source:
Mumbai: After surging over 200 points in early trade, the benchmark Sensex pared some gains on caution ahead of crucial Greek debt talks and ended with a slender 41-point rise at two-week high of 29,135.88 today.Expectations of pro-growth Budget and ...
BSE Sensex rebounds after Russia ceasefire
Feb 13, 2015 at 00:30 | Source:
MUMBAI (Reuters) - The BSE Sensex rallied around 1 percent, in a sharp turnaround from earlier mild losses after the leaders of Germany, France, Russia and Ukraine reached a deal to end fighting in eastern Ukraine, sparking gains in global markets.Tr...
Markets gain for the second day, Nifty closes above 8,600 on reforms hope
Feb 11, 2015 at 17:18 | Source:
Mumbai: Stock markets today rose for the second straight day with the benchmark Sensex rising 178.35 points to end at 28,533.97 and the Nifty index reclaiming the 8,600-mark powered by a rebound in bluechips amid hopes of faster reforms and optimism ...