May 04, 2015 22:04 (IST)
Boosted by a rally in stocks, the total market valuation of listed companies at the BSE have regained the Rs 100 lakh crore mark.
May 04, 2015 21:47 (IST)
Global equity markets rose on Monday, lifted by the biggest gain in US factory orders in eight months and solid manufacturing data in Germany, while German bund yields rose as investors shook off deflation fears that had gnawed European bonds.
May 04, 2015 20:50 (IST)
"VRL Logistics is a new listing on the BSE with a float market capitalisation greater than Rs 100 crore, which necessitates its inclusion in the index.
May 04, 2015 20:18 (IST)
Brent crude slipped 15 cents to $66.31 a barrel by 1331 GMT, after hitting a 2015 peak of $67.10.
May 04, 2015 19:16 (IST)
Mr Young said the claim affected one of its global funds investing in India but not its two biggest India-focussed funds.
May 04, 2015 19:12 (IST)
Wall Street opened higher on Monday ahead of data that is expected to show demand for US factory orders rose in March, signaling that the manufacturing sector is strengthening despite a stronger dollar.
May 04, 2015 19:11 (IST)
The company's market capitalisation went up Rs 542.59 crore to hit Rs 5,034.59 crore.
May 04, 2015 16:22 (IST)
The 50-share Nifty zoomed 150 points to close above its crucial psychological level 8,300 led by gains in heavyweights such as ONGC, Reliance Industries, HDFC and State Bank of India.
May 04, 2015 16:14 (IST)
Aditya Birla Nuvo shares jumped over 8 per cent, while Pantaloons Fashion & Retail shares were up 20 per cent on Monday. The huge buying in AB Nuvo and Pantaloons came a day after the Aditya Birla Group announced a decision to consolidate all its branded apparel businesses into one listed entity.
May 04, 2015 16:11 (IST)
Mutual Funds' assets under management (AUM) from B15 locations grew from Rs 1.39 lakh crore in March 2014 to Rs 1.89 lakh crore at the end of March this year, according to data from the Association of Mutual Funds of India (AMFI).
May 04, 2015 16:02 (IST)
So far, ONGC, Oil India and Gail had to share a part of their profits to finance the subsidy burden of downstream firms such as Indian Oil, BPCL and HPCL. But, a dramatic drop in prices of global crude will likely limit the subsidy to manageable amounts, analysts said.
May 04, 2015 15:24 (IST)
The 50-share Nifty advanced over 150 points and moved closer to its crucial psychological level of 8,350 led by gains in stocks like ONGC, reliance Industries, HDFC and SBI.
May 04, 2015 15:20 (IST)
Although, Finance Minister Arun Jaitley has offered some tax concessions to foreign investors on MAT he has stood firm on not allowing them a retrospective exemption from the levy.
May 04, 2015 14:55 (IST)
European shares rose on Monday, led higher by Germany after upbeat factory activity, while the dollar steadied following signs the US economy may be emerging from a recent soft patch.
May 04, 2015 14:40 (IST)
The Sensex was down 10.4 per cent from its record high hit in mid-March, trading close to its lower Bollinger band and with a 14-day relative strength index of 32, and low derivative rollovers before the start of trade on Monday.
May 04, 2015 13:05 (IST)
Buying was visible across the sectors. Banking and IT stocks were in high demand in trades so far. The Bank Nifty, NSE's sub-index for banking shares and the CNX IT sub index of NSE advanced over 1 per cent each.
May 04, 2015 12:39 (IST)
The sales for the month of April jumped 1 per cent to 36,727 units. During the same period last year, the company had sold 36,288 units, it said in a press release.
May 04, 2015 09:57 (IST)
ONGC was the top Nifty gainer, rising over 2.5 per cent gains, on reports that the government will not ask upstream companies such as ONGC and OIL to share the subsidy burden on account of selling LPG and kerosene at below market prices. Oil India traded over 3 per cent higher.
May 04, 2015 08:50 (IST)
The Nifty is likely to open with strong gains after days of selloff that has seen the bluechip index shed nearly 800 points in three weeks. But investors would be closely tracking if the rebound would be sustained. A key number to watch would be foreign fund flows.
May 04, 2015 08:04 (IST)
On Wall Street, the Dow had ended Friday up 1.03 percent, while the S&P 500 gained 1.09 percent and the Nasdaq 1.29 percent.