BSE Sensex rebounds 187 points
NEW DELHI: Buoyed by easing crude oil prices and a recovery in the rupee, the BSE Sensex on Wednesday recaptured the 34,000-mark by jumping 187 points after four sessions of losses as global markets bounced back. The broader Nifty, after struggling, also managed to end above the 10,200-level. The rupee strengthened 42 paise to 73.15 […]
Indian rupee jumps 41 paise to 3-week high of 73.16 against dollar as crude falls
NEW DELHI: The Indian rupee strengthened by 41 paise to close at more than three-week high of 73.16 against the US currency Wednesday as global crude oil prices eased and domestic equity markets staged a smart rebound. Forex dealers said softening crude oil prices supported the rupee’s upward movement. On Tuesday, Saudi Arabia pledged to […]
Sensex ends 287 points lower, Nifty below 10,150
NEW DELHI: The market on Tuesday closed its curtains post a marginal pullback in the crude oil prices, which slipped to around USD 79 per barrel. The Sensex ended lower by 287.15 points or 0.84% at 33847.23, while the Nifty closed down 98.50 points or 0.96% at 10146.80 with a negative breadth. With over 822 […]
Sensex ends in red as late sell-off reverses early gains; down 181 points
NEW DELHI: The BSE Sensex gave up all its early gains of over 435 points to end 181 points lower at 34,134.38 on Monday, due to late sell-off in oil&gas, consumer durables, PSU, IT and infrastructure stocks amid crude again rising past USD 80 a barrel. The 30-share Sensex after a gap up opening at […]
Sensex plummets 464 points on liquidity concerns; RIL, NBFCs drag
NEW DELHI: Market benchmark BSE Sensex plunged by 464 points or 1.33 per cent to close at 34,315.63 points due to losses in index major Reliance Industries, HDFC and Infosys. The broader NSE Nifty too fell over 150 points to crack below the 10,400-mark as financials, IT and energy stocks declined. Sentiments also took a […]
Sensex logs first fall in 4 days, tanks 383 points on Indian rupee woes
NEW DELHI: The BSE benchmark Sensex snapped its three-day gains, plunging 383 points due to heavy selling mainly in financial and auto stocks as rising crude prices and rupee volatility spooked investors. The flagship index swung nearly 880 points both ways on alternate bouts of buying and selling during the session. The NSE Nifty too […]
Indian Rupee spurts 35 paise to nearly 2-week high on easing crude oil prices
NEW DELHI: The Indian rupee climbed 35 paise to end at nearly two-week high of 73.48 per dollar Tuesday amid softening crude oil prices and easing concerns over the trade deficit. Traders said foreign fund inflows and greenback weakening against other currencies were the other factors that provided support to the home unit. At the […]
Sensex rises 300 points on earnings optimism
MUMBAI: The BSE Sensex on Tuesday surged 297 points to went past the key 35,000-level, continuing its winning-run for the third straight day amid optimism ahead of quarterly earnings from heavyweights and recovery in the rupee. Meanwhile, the rupee strengthened by 25 paise to 73.58 (intra-day) against the US dollar in the forex market. Besides, […]
Sensex extends gains in cautious trade, up 132 points
NEW DELHI: Extending gains for the second straight day, the benchmark BSE Sensex on Monday surged about 132 points to end at 34,865.10 on emergence of buying in IT stocks, even as headwinds in form of ongoing global trade tiff and rising crude prices continued to hit investors sentiments. The NSE index Nifty gained 40 […]
Three of top 10 Indian firms lose Rs 1 trillion in market capitalisation, TCS worst hit
NEW DELHI: Three of the 10 most valued Indian companies together witnessed an erosion of Rs 1,07,026.12 crore in market capitalisation last week, with IT major TCS taking the biggest knock. Tata Consultancy Services (TCS), ITC and Infosys suffered a decline in their valuation for the week ended on Friday, whereas RIL, HDFC Bank, Hindustan […]
Emami Cement files for Rs 1,000 crore IPO with SEBI
NEW DELHI: Emami Cement on Friday filed draft papers with capital markets regulator Sebi to raise Rs 1,000 crore through an initial share sale. The IPO comprises fresh issuance of shares worth Rs 500 crore, besides, an offer of sale of the same size by the company’s existing promoters and shareholders, according to the draft […]
Sensex rallies most in 19 months, Nifty ends above 10,450
NEW DELHI: Driven by fall in crude prices and the recovery in rupee, the BSE Sensex on Friday posted its biggest single-day gain in 19 months, soaring over 700 points as global markets rebounded after two straight sessions of losses. The rupee strengthened 53 paise to 73.59 (intra-day) against the US dollar in the forex […]
Stock market crash erodes over Rs 3 lakh crore from investor wealth
MUMBAI: As the BSE benchmark index plummeted over 1,000 points during the morning trade Thursday, investor wealth got eroded by over Rs 3 lakh crore. The BSE benchmark Sensex Thursday crashed over 1,000 points to slip below the key 34,000-mark in early trade, tracking a global sell-off. Led by the sharp carnage in equities, the […]
Sensex falls 175 points on rupee woes, rising crude prices
MUMBAI: The BSE Sensex erased all early gains to end 175 points lower in choppy trade on Tuesday, posting its fourth fall in five sessions due to widespread selling in auto, consumer, realty, oil and gas and banking stocks, amid weakening rupee and boiling crude oil prices. The 30-share Sensex opened higher at 34,651.82 points […]
Indian Rupee slumps 33 paise to close at record low of 74.39
MUMBAI: Indian rupee slumped by 33 paise to finish at a fresh lifetime low of 74.39 against the United States of America (USA) dollar Tuesday on high crude oil prices, strengthening of the greenback and unabated foreign fund outflows. At the Interbank Foreign Exchange (Forex), the rupee made a cautious recovery of 18 paise to […]
Mutual funds AUM drops 12.5% to Rs 22 trillion by September-end
NEW DELHI: Mutual funds’ asset base declined 12.5% to Rs 22 trillion in September-end on the back of massive outflow from liquid funds and income schemes. According to Association of Mutual Funds in India (Amfi) data, the asset under management (AUM) of the industry, comprising 41 active players, stood at Rs 22.06 trillion at the […]