Sensex snaps six-day winning streak, blue chips fall| Reuters
Oct 09, 2015 at 02:15 | Source:
MUMBAI Indian stock markets retreated from their highest levels in nearly 1-1/2 months on Thursday, snapping a six-day winning streak, on profit-taking in blue chips while lack of announcements on restructuring power distributors' burgeoning loans al...
Bears halt six-day bull rally; Sensex ends 190 pts lower
Oct 08, 2015 at 17:17 | Source:
Equity markets finally registered its first loss on Thursday, ending the six-day winning streak as the downfall in other Asian markets coupled with sluggish trend in European gauges prompted investors to book profit in defensive and banking stocks.To...
Sensex sheds over 100 points on profit-taking, mixed Asia
Oct 08, 2015 at 10:20 | Source:
The six-day stock market rally took a breather in early trade Thursday, as a mixed Asia provided investors back home the reason to book profit with benchmark Sensex slipping below the 27,000-mark and dropping over 100 points.While banking stocks led ...
ICICI Bank cuts lending rate by 0.35% but also increases spread
Oct 07, 2015 at 07:22 | Source:
Mumbai: After its larger rival State Bank of India, the country's largest private sector lender ICICI Bank has also increased its spreads on home loan rates and not passed on entire benefit of base rate cuts to new borrowers.In case of both women and...
Snapdeal to help sellers get loans worth Rs 1,000 cr by Mar'16
Oct 06, 2015 at 21:59 | Source:
New Delhi: E-commerce major Snapdeal today said it aims to help sellers raise about Rs 1,000 crore in loans through its 'Capital Assist' initiative.Launched in August last year, Capital Assist helps sellers meet their working capital requirement as t...
Sensex ends 565 pts higher; surges nearly 1,200 pts in last 4 sessions
Oct 05, 2015 at 16:52 | Source:
Indian equity indices and stock markets across other Asian and European gauges mustered substantial upsurge on Monday, while US stock futures, too, pointed at a positive opening, after the weaker-than-expected US employment data for September announc...
Sensex takes early lead on firm Asian cues, surges over 250 pts
Sep 30, 2015 at 10:24 | Source:
Maintaining upward bias after the rate cut-triggered rally on Tuesday, Indian shares sizzled in today's early trade with benchmark Sensex scaling past the 26,000-mark as a sharp bounce-back in other emerging markets in Asia aided sentiment.Responding...
Three questions to RBI and the govt on todays rate cut
Sep 29, 2015 at 17:42 | Source:
Following the unexpected 50 basis point cut in the policy repo rate by Reserve Bank of India (RBI) today, Indias largest bank, State Bank of India (SBI) has announced a 40 basis point cut in its base rate to 9.3 percent. ICICI Bank CEO Chanda Kochhar...
On fighting crony capital, both Modi govt and RBI's Rajan are on same page
Sep 26, 2015 at 14:42 | Source:
The Modi government, and especially the finance ministry, may not see eye-to-eye with Raghuram Rajans Reserve Bank of India (RBI) on some issues, especially the need to immediately cut interest rates, but one thing on which there is an unseen partner...
Sensex rebounds after early loss, ends 171 pts higher on rate cut hopes
Sep 23, 2015 at 16:38 | Source:
Equity markets overcame early round of pessimism, as a broad market recovery led by an uptick in banking shares amid hopes of a rate cut next week helped reverse the trend in the second half, while a strong European markets opening further boosted se...
Sensex snaps early losses, up over 100 pts led by banking shares
Sep 23, 2015 at 13:12 | Source:
Domestic equities staged a smart bounce back at noon trade after correcting more than 260 points in early trade, as investors resorted to short-covering in banking and realty shares. The turnaround in local indices comes even as other Asian markets c...
Sensex plunges over 400 pts as China worries return to haunt
Sep 10, 2015 at 10:35 | Source:
Domestic stocks tumbled sharply in early Thursday trade, marking a return of volatility after a two-session relief rally, as a weak US markets close last night and lacklustre economic data from China and Japan that pulled down their respective market...