November 28, 2014 18:10 (IST)
Brent crude oil prices which headed towards $70 per barrel also boosted sentiment in the airline stocks. Traders expect falling crude prices would lead to sharp cuts in prices of aviation turbine fuel, which accounts for nearly 40 per cent of their operating cost. Shares in SpiceJet also traded with over 10 per cent gains.
Written By: Varun Sinha | November 28, 2014 17:18 (IST)
The market capitaliastion of all listed companies on the Bombay Stock Exchange hit a record Rs 100 trillion (lakh crore) mark just past 10 a.m. on Friday. The landmark came on a day when the Sensex hit a record high of 28,822 in intraday trade.
November 28, 2014 17:02 (IST)
The broader Nifty closed 1.11 per cent higher at 8,588.25 points, after hitting a record high of 8,617 points earlier in the day. The index gained 1.3 per cent in the week and 3.2 per cent in November.
November 28, 2014 16:38 (IST)
DLF had moved the Supreme Court last week expressing difficulty in meeting the November 26 deadline to pay the Rs 630-crore fine.
November 28, 2014 16:05 (IST)
Brent crude fell towards $72 a barrel on Friday, close to a four-year low, after 12-member cartel OPEC decided not to cut oil output to support prices. OPEC's decision marked a "watershed" for oil markets, Barclays analysts said in a note.
November 28, 2014 11:04 (IST)
Shares in banks gained ahead of RBI policy review due on December 2. Traders say the gains are in anticipation of a rate cut.
November 28, 2014 10:50 (IST)
Foreign institutions' investment in the company was earlier restricted to up to 49 per cent.
November 28, 2014 10:14 (IST)
The BSE Sensex and Nifty surged to record highs on Friday as Brent crude prices headed towards $70 per barrel. Gains were broad-based with all sectors rising in morning trade. However, sectors that directly benefit from falling oil prices witnessed strong buying interest today.
November 28, 2014 08:18 (IST)
Indian stock markets would now look forward to the Reserve Bank policy on December 2. A majority of economists expect the central bank to hold rates.
November 28, 2014 07:56 (IST)
Oil prices plunged on Thursday after OPEC chose not to cut production despite huge oversupply and prices sliding by a third since June.
November 28, 2014 00:19 (IST)
The decision to raise such investment limit came after the company passed resolutions at its board of directors' level and a special resolution by shareholders, agreeing to enhance the limit of its equity shares and convertible debentures by FIIs.
November 27, 2014 23:43 (IST)
The company will issue 44,94,382 equity shares at a price of Rs 890.00 per share, the company said in a statement.
November 27, 2014 23:32 (IST)
According to latest update available with the market regulator Sebi, companies have mopped up Rs 29,582 crore through 33 QIP issues during January-October period of 2014.
November 27, 2014 19:22 (IST)
Sentiment was also cautious ahead of the release of July-September economic growth data on Friday and the Reserve Bank of India's monetary policy review on December 2.
November 27, 2014 15:54 (IST)
BSE Sensex and Nifty edged higher in a session marked by choppiness because of derivative expiry today. The Sensex ended 52 points higher at 28,438 while Sensex gained 18 points to close at 8,494.
November 27, 2014 15:45 (IST)
Traders said state-run oil marketing companies could slash jet fuel prices next month amid declining crude oil prices.
November 27, 2014 11:37 (IST)
Debt mutual funds that invest in long-term government bonds have rallied sharply over the past month. Hopes of an earlier-than-expected rate cut from the Reserve Bank of India (RBI) amid a sharp fall in inflation have fueled a strong buying interest in government bonds.
November 27, 2014 11:16 (IST)
Shares of tyre makers rose on weak natural rubber prices and increased auto sales. Demand from auto companies is expected to accelerate, traders say, citing revival in passenger vehicle growth.
November 27, 2014 10:30 (IST)
BSE Sensex and Nifty struggled for momentum today in early as caution prevailed ahead the release of July-September economic growth data on Friday.
November 27, 2014 10:03 (IST)
Railway-related stocks saw some buying action today on reports that the railway ministry has called for an investor meet on December 5.