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  • Why Jet Airways Shares Are Up 20% Today

    Why Jet Airways Shares Are Up 20% Today

    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.

  • BSE Market Cap Hits 100 Lakh Crore; Investors' Wealth Doubles

    Wealth Doubles in 5 Years as Stocks Hit Record

    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.

  • Nifty Hits Record High Above 8,600; State-Run Lenders Gain

    Nifty Hits Record High Above 8,600; State-Run Lenders Gain

    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.

  • DLF Gets Some Relief From Supreme Court; Stock Rises

    DLF Gets Some Relief From Supreme Court; Stock Rises

    DLF had moved the Supreme Court last week expressing difficulty in meeting the November 26 deadline to pay the Rs 630-crore fine.

  • Sensex, Nifty Soar to Record Highs on Falling Brent Crude Prices

    Sensex, Nifty Soar to Record Highs on Falling Brent Crude Prices

    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.

  • Bank Shares Gain; SBI Jumps 4%

    Bank Shares Gain; SBI Jumps 4%

    Shares in banks gained ahead of RBI policy review due on December 2. Traders say the gains are in anticipation of a rate cut.

  • Just Dial Gains; RBI Raises FII Limit

    Just Dial Gains; RBI Raises FII Limit

    Foreign institutions' investment in the company was earlier restricted to up to 49 per cent.

  • Jet Airways, BPCL, Maruti Suzuki Jump on Falling Oil Prices

    Jet Airways, BPCL, Maruti Suzuki Jump on Falling Oil Prices

    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.

  • Buy L&T, Sell ITC Today: Sanjeev Bhasin

    Buy L&T, Sell ITC Today: Sanjeev Bhasin

    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.

  • Nikkei Jumps on Weak Yen, Oil Price Slump

    Nikkei Jumps on Weak Yen, Oil Price Slump

    Oil prices plunged on Thursday after OPEC chose not to cut production despite huge oversupply and prices sliding by a third since June.

  • RBI Allows Just Dial to Raise Foreign Share Holding

    RBI Allows Just Dial to Raise Foreign Share Holding

    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.

  • Ceat Raises Rs 400 Croe via QIP, to Use Funds for Expansion

    Ceat Raises Rs 400 Croe via QIP, to Use Funds for Expansion

    The company will issue 44,94,382 equity shares at a price of Rs 890.00 per share, the company said in a statement.

  • Fund Raising via QIP Surges to Rs 30,000 Crore So Far in 2014

    Fund Raising via QIP Surges to Rs 30,000 Crore So Far in 2014

    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.

  • Rupee Ends Flat at 61.87 Per Dollar

    Rupee Ends Flat at 61.87 Per Dollar

    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.

  • Sensex Edges Higher, Nifty Ends Near 8,500

    Sensex Edges Higher, Nifty Ends Near 8,500

    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.

  • Jet Airways, SpiceJet Gain on Hopes of Cut in Jet Fuel Prices

    Jet Airways, SpiceJet Gain on Hopes of Cut in Jet Fuel Prices

    Traders said state-run oil marketing companies could slash jet fuel prices next month amid declining crude oil prices.

  • Investing in Bank FDs? Why You Should Rethink

    Investing in Bank FDs? Why You Should Rethink

    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.

  • Tyre Makers Gain on Weak Rubber Prices, Increased Auto Sales

    Tyre Makers Gain on Weak Rubber Prices, Increased Auto Sales

    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.

  • Sensex, Nifty Flat Amid Choppy Trade; Midcaps Gain

    Sensex, Nifty Flat Amid Choppy Trade; Midcaps Gain

    BSE Sensex and Nifty struggled for momentum today in early as caution prevailed ahead the release of July-September economic growth data on Friday.

  • Rail Stocks Gain on Report of Investor Meet

    Rail Stocks Gain on Report of Investor Meet

    Railway-related stocks saw some buying action today on reports that the railway ministry has called for an investor meet on December 5.

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