Business
Global growth woes and disappointing domestic earnings continued to weigh on equities for a third straight session as the benchmark Sensex tumbled 127.97 points to an over three-week low of 25,101.73 with commodity and industrial stocks taking a big hit. Broader markets also performed weak with the BSE mid-cap index ending 1.22 per cent lower […]
Tracking a global recovery and aided by a rebound in oil prices, the benchmark BSE Sensex today rallied over 328 points as it reclaimed the 26,000-mark to close at about 4-month high of 26,007 on across-the-board buying in blue-chips. Foreign inflows continued unabated, which helped. The NSE Nifty topped the psychological 7,900. Investors got their […]
The Supreme Court today dismissed beleagured Vijay Mallya’s prayer for protection from disclosure of his assets and those of his family, in India and abroad, to Kingfisher Airlines’ lenders, saying “no tangible” grounds have been raised to maintain secrecy of information. “We don’t find any tangible objection in disclosing the assets (of Mallya, his wife […]
In a remarkable turnaround of fortunes, a rebound in global market saw the benchmark Sensex reclaim the 26,000-mark and the NSE Nifty trade above 7,900, mainly on across-the-board gains following revival of buying in recently beaten-down stocks. The 30-share index, which fell about 130 points in early trade, staged a strong comeback to regain the […]
Union Food Minister Ramvilas Paswan today assured that the Food Corporation of India has enough stock of foodgrains to meet the requirement for this year despite drought situation in some states. “Nearly 600 lakh tonne of food grains are available against the requirement of 549 in the country,” Paswan told reporters here. He said that […]
The benchmark Sensex fell almost 72 points and the NSE Nifty slipped below the 7,900-mark in early trade on Friday as investors took profits in recent gainers amid weak Asian cues. Investors remained cautious as they looked forward to earnings show of blue-chip companies, including Reliance Industries, which is set to release its numbers after […]
The Reserve Bank of India today fixed the reference rate of the rupee at 66.2930 against the US dollar and 74.8978 for the euro. These rates were 66.2406 and 75.2758, respectively yesterday. According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 95.1437 and 60.48 […]
Market benchmark Sensex recaptured the crucial 26,000-mark by climbing over 219 points in early trade today as investors engaged in widening their bets amid firm global cues. The 30-share barometer advanced by 219.02 points or 0.85 per cent to 26,063.20. The gauge gained 1,170.34 points in the previous five sessions. Also, the NSE Nifty shot […]
The benchmark Sensex surged over 193 points and the NSE Nifty went past the 7,900 mark in early trade after Infosys posted estimate-beating 16 per cent growth in March quarter net profit and forecast strong revenue growth for the current fiscal amid sustained foreign fund inflows. Besides, optimistic buying by participants ahead of the release […]
In Ahmedabad , 15 flights were cancelled due to Runway repair work at Sardar Vallabhbhai Patel International Airport. Tourist inflow o Gujarat will reduce by 20 % with flight cancellation to Ahmedabad. The runway will be repaired from 10 am to 6 pm, as per sources.
