APN News

  • Friday, April, 2024| Today's Market | Current Time: 06:41:44
  • Equity Market Outlook

    By Mr. Vivek Gupta The 50-share index ended at 6,024.55, down 91 points or 1.49%. The S&P BSE Sensex closed over 360 points down after taking support near 20,000 levels. A hike in the interest rates was observed by the RBI, where the rupee weakened further against the dollar after the announcement of the RBI […]

    Sensex tumbles 383 points after RBI hikes interest rate

    The benchmark BSE S&P Sensex on Friday slumped the most in almost three weeks, closing down 383 points after the RBI unexpectedly hiked the repo rate to check inflation. The Sensex fell as much as 595.21 points before ending 382.93 points lower, or 1.85 per cent, to 20,263.71. It was the biggest drop since a […]

    Tatas apply for ‘Tata SIA Airlines Limited’ name

    Starting the process of incorporating a new company for its proposed aviation venture with Singapore Airlines, Tata group has sought to register this entity as ‘Tata SIA Airlines Limited’. The application for registration of this name has been filed with the Registrar of Companies through submission of form ‘1A’, which is the first step towards […]

    Stock markets crash nearly 3 pc on RBI’s hawkish policy

    Stock markets on Friday tanked by 2.7 percent soon after the Reserve Bank’s hawkish policy announcement in which it hiked the repo rate by 0.25 percent. The stock market barometer BSE Sensex, which was trading weak in the morning trade, crashed over 559 points or 2.7 percent to 20,087.44 soon after the mid-quarter policy by […]

    Sensex zooms 685 pts to 3-yr high as mkts cheer Fed decision

    The BSE benchmark Sensex on Thursday galloped by 685 points to close at nearly 3-year high of 20,646.64 on massive buying in interest-sensitive sectors after US Fed’s decision to leave economic stimulus untouched spurred hopes that RBI will ease monetary policy tomorrow. The rise in Indian stock markets, which made investors richer by a staggering […]

    Sensex soars 574 pts as Fed defers QE tapering

    The BSE Sensex on Thursday spurted over 574 points to 20,536.29 in early trade on sustained buying by funds and retail investors, triggered by strengthening rupee and a firming trend overseas after the US Federal Reserve decided to keep its stimulus programme intact. The 30-share index, which had gained nearly 230 points in the past […]

    Rs jumps 158 paise to 1-month high vs USD as Fed defers taper

    The rupee on Thursday zoomed by 158 paise to trade at over one-month high of 61.80 against the dollar at the Interbank Foreign Exchange market on hopes of increased capital inflows after the US Federal Reserve’s surprise decision to keep its stimulus programme intact. The rupee had settled just a paise lower at 63.38 against […]

    Sensex advances 158 points

    Fuelled by late buying, the BSE benchmark Sensex on Wednesday gained for the third straight day to end 158 points higher on the back of banking, FMCG, oil&gas and healthcare shares. After gaining 71 points in last two sessions, the Sensex rose by 158.13 points, or 0.80 per cent to end at 19,962.16. The broad-based […]

    OVL blocks Chinese bid, to buy stake in Brazilian oilfield

    In a first by an Indian firm, ONGC Videsh Ltd (OVL) has exercised its pre-emption rights to block China’s Sinochem Group from buying 35 per cent interest in a Brazilian oilfield for USD 1.54 billion. OVL, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), in collaboration with Royal Dutch Shell will buy […]

    India for expeditious implementation of G-20 decisions

    Concerned over the unwillingness of developed economies to push IMF quota reforms, Finance Minister P Chidambaram on Wednesday said the decisions of the G-20 meeting should be implemented expeditiously to ensure credibility of the organisation. “Most advanced countries have now clearly indicated their unwillingness to move ahead on International Financial Institutions (IMF, World Bank) governance […]