The Sensex on Wednesday reversed early gains and slipped by 30.20 points, the first drop for the benchmark on the opening trading day in seven years, as losses in RIL, TCS and Infosys outweighed gains in Airtel and Sun Pharma. Traders said direction-less investors booked profits, amid most Asian financial markets remaining closed. US stocks […]
New Delhi: Oil companies have announced a steep hike in the price of non-subsidised LPG cylinder. The price of a 14.2 kg LPG cylinder that consumers buy beyond their quota of 9 subsidised cylinders has been hiked by nearly Rs. 220 to Rs. 1,241 from the earlier rate of Rs. 1,021. The price of commercial […]
Stock markets opened on a positive note on the first trading day of 2014 with the benchmark BSE Sensex rising nearly 53 points in early trade on increased buying by funds and retail investors. The 30-share index rose 52.62 points, or 0.25 per cent, to trade higher at 21,223.30 points with all the sectoral indices […]
UK-based Tesco Plc became the first global retailer to get approval to enter country’s multi-brand retail sector from the Foreign Investment Promotion Board that also cleared Vodafone’s Rs 10,141 crore plan to buy out minority shareholders in its India arm. A decision on the proposal of HDFC Bank to increase Foreign Institutional Investor (FII) holding […]
Reserve Bank on Tuesday asked people not to fall prey to rumours circulating that banks would not accept banknotes with scribbling from January 1, 2014. “In the wake of rumours circulating in the market that from January 1, 2014, banks will not accept banknotes with anything written on them, the RBI has urged members of public […]
The Sensex on Tuesday inched up by nearly 28 points to end at 21,170.68 in the last trading session of the year, which saw the benchmark notching up its second annual rise in a row. Selective buying amid a firming global trend helped the BSE bluechip index end 2013 with nearly 9 per cent gain […]
Stock markets opened on a positive note on the last trading day of 2013 with the benchmark BSE Sensex rising over 73 points in early trade on Tuesday on selective buying by funds. The 30-share index rose 73.78 points, or 0.35 percent, to trade higher at 21,216.79 points with stocks of auto, healthcare, capital goods […]
The benchmark Sensex on Monday fell for the first time in three sessions and slipped by over 50 points on selling in IT, banking and realty shares as investors churned portfolios with the calendar year drawing to a close. The BSE Sensex, which had gained 160.87 points in previous two sessions, fell by 50.57 points, […]
The benchmark BSE Sensex on Monday rose over 100 points in early trade on sustained buying by funds and retail investors, mainly in metal, banking, consumer durables and realty sector stocks. Rising for the third straight session, the BSE’s 30-share barometer rose by 100.86 points to 21,294.44. In the previous two sessions, Sensex had gained […]
Information technology, banking and agriculture-related businesses are going to be among the key job creating sectors in 2014, according to a study by industry body Assocham. “Information Technology (IT), pharmaceuticals, banking and agri-related industries such as farm equipment, fertilisers and seeds, will remain the largest employment generation sectors in 2014,” the chamber said in its […]
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