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Currency

Rupee down by 19 paise vs dlr in the morning trade

The Indian rupee failed to maintain on Thursday’s gain against the dollar and slipped 19 paise to 45.71 per dollar in the early trade, on month-end dollar demand from importers amidst sharp fall in equity markets. In active trade at the Interbank Foreign Exchange (Forex) market, the domestic unit had opened lower at 45.61/63 per […]

Stock & Share

Sensex nosedives 286 points on jitters over housing-loan scam

Erasing early gains, the Bombay Stock Exchange benchmark Sensex fell by over 286 points on heavy selling by funds nervous about lending violations by some public sector banks in the housing-finance scam. The Sensex, which had gained 97.08 points at the outset, rolled down by 286.66 points to 19,031.50 points in the first 90 minutes […]

Markets

Gold May Gain on European Debt Concerns, Escalating Tension Between Koreas

Gold may rise in London as concerns about Europe’s debt crisis and escalating tensions between North and South Korea boost demand for a protection of wealth. Ireland had its long-term sovereign rating cut two steps to A from AA- by Standard & Poor’s, which cited concern about borrowing by the government as the nation seeks […]

Stock & Share

Sensex erases early gains to lose 141 pts; Nifty below 5,800

In a highly volatile trade, BSE benchmark Sensex on Friday erased early gains to close lower for the third straight day, losing over 141 points on heavy selling in realty stocks following the home loan racket. The Bombay Stock Exchange benchmark index, Sensex, after losing 498 points in the last two trading sessions, fell further […]

Stock & Share

Sensex opens 122 pts high in early trade

Snapping a two-day losing streak, the B S E benchmark, Sensex, opened higher by 122 points on Thursday on fresh buying by funds amid firm global cues. The 30-share index, which had lost nearly 498 points in the previous two sessions, recovered by 122.10 points to 19,581.95 level during the first five minutes of trading. […]

Stock & Share

Sensex opens 205 pts down on profit-booking

The B S E benchmark Sensex tuesday fell by over 205 points in the opening trade, largely on profit-booking. The 30-share barometer, which had gained 372.15 points in the previous trading, was quoting at 19,785.34 points in the opening trade, down by 205.20 points from Monday’s close. Similarly, the wide-based National stock Exchange index Nifty […]

Stock & Share

Sensex up by 227 points on selective buying, Ireland and EU finalise bail out package

The Bombay Stock Exchange benchmark Sensex spurted by over 227 points at midsession on Monday on brisk buying by investors in blue-chip stocks amid a firming Asian trend. The Sensex, which had plunged to two-month low in the previous week, bounced to record a gain of 227.20 points to 19,812.64 at 1230 hrs, backed by […]

Stock & Share

Sensex opens 170 pts high in morning trade

The B S E benchmark Sensex on Monday opened over 170 points up on emergence of bargain buying by funds and investors in blue chip companies amid strong Asian cues. The 30-share index rose by 170.53 points or 0.87 per cent to 19,755.97 points with all the sectoral indices trading in the positive territory. The […]

Stock & Share

Sensex may plunge further on 2G, mkts to see selective buying

Worst is not yet over for stock markets and Sensex may plunge further, amid concerns lingering over the 2G spectrum row and political uncertainty, but investors can go for selective value buying, say analysts. Deepened political crisis over the 2G spectrum row and banks’ exposure to real estate and micro-finance saw the bellwether Sensex plummeting […]

Stock & Share

Sensex down 93 pts in opening trade

The B S E benchmark Sensex fell by 93 points in opening trade on Friday, largely on profit booking amid weak trend. The 30-share barometer, which had gained 65.50 points in Thursday’s highly choppy session, was trading at 19,837.67 points in early trade, down by 92.97 points from Thursday’s close. Similarly, the wide-based National stock […]