October 22, 2014 22:03 (IST)
US stocks turned lower in afternoon trading on Wednesday, with major indices erasing earlier gains as both Boeing and Biogen sold off following their results.
October 22, 2014 20:59 (IST)
Gautam Chhaochharia, head of India research at UBS Securities, expects banking and financial stocks to benefit drop in faster-than-expected drop in effective interest rates on the back of a fall in inflation.
October 22, 2014 17:34 (IST)
Commodity exchanges will remain open for 'Muhurat' trading on Thursday from 6 p.m. to 8.30 p.m. for all commodities on account of Diwali festival.
October 22, 2014 16:08 (IST)
The BSE Sensex and Nifty ended higher for the fourth session in a row, buoyed by a rally in global markets and positive momentum from the reform measures announced by the government.
October 22, 2014 15:11 (IST)
Tata Metaliks surged 17.5 Per Cent to Rs 153.80 on Wednesday - its highest level since October 2010.
October 22, 2014 14:57 (IST)
Shares in DLF plunged as much as 4.5 per cent in afternoon trade on Wednesday amid the Securities Appellate Tribunal (SAT) adjourning the hearing of its plea against an order by the Securities and Exchange Board of India (Sebi).
October 22, 2014 14:38 (IST)
The BSE Sensex and Nifty are headed for their fourth gain in a row, buoyed by a rally in global markets and positive momentum from the reform measures announced by the government.
October 22, 2014 14:00 (IST)
European shares edged up and the euro hit a one-week low against the dollar on Wednesday, driven by upbeat company earnings results and hopes of corporate bond buying by the European Central Bank.
October 22, 2014 13:12 (IST)
Financial Technologies owned 99.9 per cent in commodities exchange NSEL, which shut down last year after defaulting on obligations to counter-parties amounting to around Rs 5,500 crore. NSEL has since faced legal cases from traders in the exchange after failing to settle outstanding contracts.
October 22, 2014 12:15 (IST)
Dewan Housing Finance Corp shares surged 9.6 per cent and headed towards their biggest daily gain since July.
October 22, 2014 11:06 (IST)
The Sensex and Nifty continued to trade higher maintaining their early gains. As of 10.45 a.m. the Sensex traded 192 points higher at 26,768, while the Nifty was up 0.73 per cent at 7,985.
October 22, 2014 10:40 (IST)
Biocon said its biopharma business continues to be impacted by factors like geo-political challenges.
October 22, 2014 10:09 (IST)
Among the Nifty companies Dr Reddy's Lab was the top gainer with 2.4 per cent gains and Hero MotoCorp was up 1.96 per cent on upbeat festive sales.
October 22, 2014 10:05 (IST)
The Nifty opened higher on Wednesday tracking the gains in global market. Both foreign and domestic investors turned net buyers of Indian equities on Tuesday but with a reduced momentum. Foreign investors were net buyers to the tune of Rs 32 crore while domestic investors bought cash shares to the tune of Rs 69 crore on Tuesday.
October 22, 2014 09:39 (IST)
Asian sentiment also got a lift from the European Central Bank's plan to buy corporate bonds, a step that would help banks free up more of their balance sheets for lending. The ECB might decide on the matter as soon as December with a view to begin purchases early next year, several sources familiar with the situation told Reuters.
October 22, 2014 08:33 (IST)
Reform announcements in the power, coal and energy sectors should see fresh buying in these sectors and foreign flows are likely to turn positive again.
October 22, 2014 07:32 (IST)
The bullish tone was helped by a Reuters story that said the European Central Bank is considering buying corporate bonds. It led to active futures trading before the opening bell and helped lift European stocks from last week's 13-month low.
October 21, 2014 19:51 (IST)
US stocks rose on Tuesday, with the S&P 500 on track for a fourth straight session of gains as Apple and Texas Instruments rallied after their results.
October 21, 2014 19:37 (IST)
Reliance Industries will get 33 per cent higher gas price of $5.61 per mmBtu for output from MA field in the KG-D6 block, but its main D1&D3 fields will continue to get old rate of $4.2.
October 21, 2014 18:19 (IST)
US stocks rose at the open on Tuesday, with the S&P 500 on track for a fourth straight session of gains, as Apple and Texas Instruments rallied after their results.