On December 05, 2013 19:09 (IST)
Confirmation of the exit poll predictions of gains for the main opposition Bharatiya Janata Party (BJP) when results are out on Sunday would be seen as bolstering its chances of victory in general elections due by May, according to analysts.
On December 05, 2013 16:08 (IST)
Confirmation of a strong showing by the BJP when results are out on Sunday would be seen as bolstering its chances of victory in general elections due by May, according to analysts.
On December 05, 2013 15:14 (IST)
The BSE Sensex surged by as much as 455 points, the broader Nifty hit the key 6,300 levels and the rupee rose 1 per cent to a high of 61.52 against the US dollar on Thursday. Markets rallied after exit polls predicted a win for the BJP in four states...
On December 05, 2013 13:11 (IST)
The BJP and its prime ministerial candidate Narendra Modi are perceived by many investors in India as being more business-friendly and willing to undertake reforms to tackle an economy growing at its slowest in a decade.
On December 05, 2013 10:38 (IST)
All 50 stocks on the Nifty traded in the green, but the biggest buying was seen in banking stocks. The NSE's Bank Nifty surged over 4 per cent in early trade.
On December 04, 2013 22:05 (IST)
LIC Housing Finance on Wednesday said it has no exposure to Unitech, whose shares plunged around 10 per cent following reports the lender had sent a show-cause notice to the Delhi-based builder for defaulting on its loan payment.
On December 04, 2013 17:07 (IST)
The BSE Sensex fell on Wednesday to mark its second consecutive day of losses as investors locked in profits in blue chip shares such as ICICI Bank ahead of major risk events including U.S. jobs data and state elections results due later in the week.
On December 04, 2013 15:21 (IST)
Realty stocks led the losses with the BSE Realty benchmark down 2.8 per cent as compared to 0.77 per cent fall in the broader Sensex. Unitech shares were down over 9 per cent. DLF traded two per cent lower.
On December 04, 2013 13:07 (IST)
The BSE Sensex traded in a 60-point band and hovered around the 21,000 levels as of 11.30 a.m. The broader Nifty moved in a 20-point range around 6,200 levels. At current levels, the Sensex is not far from the record high it hit early last month on W...
On December 02, 2013 13:27 (IST)
Drug makers such as Ranbaxy, up 6 per cent, and Sun Pharma, up 3.6 per cent, also saw buying interest. Shares in Larsen and Toubro gained 2.3 per cent after the company said on Friday it was evaluating options "for monetisation" of assets belonging t...
On December 02, 2013 09:52 (IST)
September's figure of 4.8 per cent was the fourth successive quarter of economic growth below 5 per cent and remained far below the 8 per cent the government says is needed to reduce poverty and provide jobs. A Reuters poll of economists forecast the...
On December 01, 2013 12:32 (IST)
Stock markets are likely to start on a positive note on Monday taking positive cues from last week's close and may see cautious trading afterwards ahead of state election results and the winter session of Parliament, which starts on December 5, accor...
On November 30, 2013 20:57 (IST)
The week ahead should see the markets seek higher levels as after 3 weeks of losses the indices regained momentum. Positive global cues, rupee appreciation and a decline in oil prices improved sentiment and led to a sharp rally with the Nifty gaining...
On November 29, 2013 17:55 (IST)
The BSE Sensex rose nearly 257 points on Friday after domestic institutional investors turned buyers on Thursday after a selling streak of at least 12 days, sparking a rally in blue-chips such as ICICI Bank.
On November 28, 2013 17:10 (IST)
Indian markets have been undecided after hitting a record high on Diwali. Concerns about timing of Fed tapering in the US and the likely results of assembly elections next week have clouded traders.
On November 27, 2013 17:00 (IST)
The BSE Sensex edged down on Wednesday as software services exporters such as Infosys were hit by a strengthening rupee, with sentiment also remaining weak due to recent selling by foreign investors.
On November 26, 2013 14:54 (IST)
Indian markets had rallied 2 per cent on Monday on hopes that the Iran nuclear deal would lead to increased supplies and a sustained decline in oil prices, which would check inflation and cap current account deficit. Traders today questioned how quic...
On November 26, 2013 12:05 (IST)
The BSE Sensex was down nearly 0.4 per cent as oil prices recovered after slumping on Monday, as traders question how quickly the Iranian nuclear accord could translate into higher supplies.
On November 25, 2013 17:29 (IST)
The BSE Sensex rallied 1.9 percent and the Nifty rose 2 percent on Monday as a drop in global crude prices after Iran clinched a nuclear deal with world powers sparked hopes of reduced inflationary pressures and a narrower current account deficit at ...
On November 25, 2013 15:55 (IST)
The BSE Sensex surged today after a breakthrough nuclear deal between world powers and Iran led to drop in global crude prices.
On November 25, 2013 15:25 (IST)
Brent crude dropped more than $2 a barrel sending shares of state-run oil marketing companies higher. Indian Oil Corp rose 2.6 per cent, Hindustan Petroleum Corp surged 6 per cent and Bharat Petroleum Corp was up 4.7 per cent.
On November 25, 2013 14:06 (IST)
Shares of state-run oil marketing companies gain: Indian Oil Corp gained 2.5 per cent, Hindustan Petroleum Corp surged 6.1 per cent and Bharat Petroleum Corp was up 4.5 per cent.
On November 25, 2013 13:38 (IST)
The BSE Sensex and the Nifty gained around 1 percent, after Brent crude dropped more than $2 a barrel following a breakthrough nuclear deal between world powers and Iran over the weekend.
On November 25, 2013 10:48 (IST)
India's top 20 diversified equity funds, with $12.4 billion in assets, are up only 0.5 per cent this year, Thomson Reuters data shows, even as the BSE Sensex has risen 8 per cent after hitting a record high early this month.
On November 24, 2013 20:17 (IST)
Stock markets may remain volatile this week as investors churn portfolios ahead of the monthly derivatives contract expiry on Thursday and announcement of second quarter economic growth data on Friday, according to experts.