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Sensex closes 148 pts up at one-month high
Mumbai: The benchmark BSE Sensex recovered by over 148 points today to close at one-month high of 27,957.50 on across-the-board buying by participants amid renewed hopes of a rate cut and better-than-estimated corporate earnings.
Besides,…
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Finance Minister Arun Jaitley thinks it’s now time for rate cut
New Delhi: Days ahead of the monetary policy review, Finance Minister Arun Jaitley today said it's time for RBI to cut rate in view of moderation in inflation and subdued industrial growth.
When asked if it's time for RBI to cut interest…
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Sensex recovers 77 points driven by overseas cues
Mumbai: The benchmark BSE Sensex recovered by over 77 points in early trade today on buying at prevailing levels by investors amid a firming trend at other Asian markets.
The 30-share index, which had lost 27.86 points in the previous…
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Tata Steel shares tank nearly 6 pc on Q4 numbers
Mumbai: Shares of Tata Steel today fell by nearly 6 per cent after the company reported a consolidated net loss of Rs 5,674.29 crore for the quarter ended March 31.
The stock plunged 5.56 per cent to Rs 341.25 on the BSE.
At the NSE, it…
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Sensex gains traction, up 61 pts in early trade
Mumbai: The benchmark BSE Sensex today rose over 61 points in early trade, extending yesterday's gains on increased capital inflows amid a mixed trend in global markets.
The 30-share index advanced 61.21 points, or 0.21 per cent, to…
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Sensex jumps 192 points to near one-month high
Mumbai: The benchmark BSE Sensex today rose 192 points to its highest in near one-month at 27,837.21, as blue-chips HDFC, Wipro and TCS gained on resumption of buying by foreign investors amid prevailing rate cut hopes.
Sentiment was…
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Tata Power shares up over 5% on logging in Q4 profits
Mumbai: Shares of Tata Power today gained over 5 per cent as the company posted consolidated net profit of Rs 159.14 crore for the fourth quarter of 2014-15 fiscal.
On the BSE, the stock gained 5.2 per cent to Rs 79.80. It was the biggest…
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Sensex rallies 206 pts, Nifty above 8,400
Mumbai: The benchmark BSE Sensex gained over 206 points and the NSE Nifty reclaimed the 8,400-mark in early trade today on across-the-board buying by funds and retail investors amid a mixed trend in other Asian markets.
Besides,…
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Sensex, Nifty log first fall in 3 days on profit-booking
Mumbai: Wiping out its gains, the benchmark Sensex today recorded its first drop in three sessions, falling over 41 points in a highly volatile trade due to profit-booking in auto, oil & gas, PSU and banking stocks, ignoring a rising…
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BJP never in favour of FDI in multi-brand retail: Jaitley
New Delhi: Finance Minister Arun Jaitley has said the BJP was "never" in favour of allowing foreign direct investment in multi-brand retail and a recent government notification only published the extant policy on it.
"Let's be very clear.…
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