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Markets collapse on geopolitical worries, Sensex tanks 654 points

Mar 26, 2015 at 19:31 | Source: FirstPost

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 over 700 pts on foreign outflow concerns post Saudi air strike in Yemen

Mar 26, 2015 at 15:44 | Source: FirstPost

The BSE Sensex and Nifty fell over 2 percent on Thursday to their lowest in more than 10 weeks as blue chips slumped on worries foreign investors may trim positions on risk aversion after Saudi Arabia launched air strikes in Yemen.Foreign investors h...

Sensex falls to 10-week low on foreign outflow concerns over Yemen crisis

Mar 26, 2015 at 13:25 | Source: FirstPost

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: FirstPost

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...

In Lagardes praise for India is a caution Raghuram Rajan cannot afford to ignore

Mar 18, 2015 at 09:57 | Source: FirstPost

Christine Lagarde, managing director of International Monetary Fund (IMF), appeared largely convinced about the good state of Indian economy when she delivered a speech at the Reserve Bank of India (RBI) on Tuesday. Lagarde showered praises to almost...

Sensex crosses 30,000, Nifty at life high as markets cheer RBI rate cut

Mar 04, 2015 at 12:16 | Source: FirstPost

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,...

Sensex crosses 30,000 points, Nifty at life-time high as markets cheer RBI rate cut

Mar 04, 2015 at 09:57 | Source: FirstPost

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,...

Sensex crosses 30,0000 points, Nifty at life-time high as markets cheer RBI rate cut

Mar 04, 2015 at 09:27 | Source: FirstPost

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,...

Budget 2015: Jaitley fails to fire equities; Sensex yo-yos and end marginally up

Feb 28, 2015 at 17:37 | Source: FirstPost

The Sensex today maintained a volatile trading session on the Budget day plunging as soon as Finance Minister Arun Jaitley finished reading his speech in Parliament but again regaining to some level to close at 29,361.50, high 141.38 points or +0.48 ...

Budget 2015: Jaitley fails to fire equities; Sensex yo-yos and ends marginally up

Feb 28, 2015 at 17:37 | Source: FirstPost

The Sensex today maintained a volatile trading session on the Budget day plunging as soon as Finance Minister Arun Jaitley finished reading his speech in Parliament but again regaining to some level to close at 29,361.50, high 141.38 points or +0.48 ...

Is hashtag banking the next big thing in India?

Feb 27, 2015 at 11:25 | Source: FirstPost

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: FirstPost

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: FirstPost

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...

Markets snap 7-day gain, Sensex ends down 280 points on heavy selling pressure

Feb 20, 2015 at 17:58 | Source: FirstPost

Mumbai: The benchmark Sensex fell for the first time in eight days, dropping 230.86 points to close at 29,231.41 on selling in bluechips, including RIL, and caution ahead of the the Union Budget.Globally, Europe's main stock markets opened lower as e...

Sensex rises for the 7th day, gains 142 points as metal stocks shine in trade

Feb 19, 2015 at 17:23 | Source: FirstPost

Mumbai: The benchmark Sensex rose 142 points, extending its winning run to the seventh day, buoyed by gains in HDFC, Infosys and L&T as well as fag-end buying in metal shares after some firms won mines in coal block auction.Growing expectations o...

Sensex at 2-1/2 week high; rate-sensitive stocks rise

Feb 19, 2015 at 04:30 | Source: FirstPost

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: FirstPost

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: FirstPost

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: FirstPost

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: FirstPost

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 ...

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