bse-closes-points-229-09-down-on-dec-11

BSE closes points 229.09 down on Dec 11

New Delhi, Dec 11 (ANI): Trading at the Bombay Stock Exchange today closed 229.09 points down to stand at 27,602.01. At the National Stock Exchange the Nifty closed 62.75 points down to stand at 8,292.90. SREI INFRASTRUCTURE FINANCE LTD. and NETWORK18 were among the top gainers of Group A with an increase of 16.26% and 10.90% along with GRUH and DHFL with an increase of 6.17% and 5.37% respectively, while the top losers of Group A include HAVELLS and HDIL with a decrease 8.81% and 6.19% along with SCI and BEML with a decrease of 5.05% and 5.03% at the close of the markets. The Auto sector is down 152.74 points at 18,761.43 while the banking sector is down 69.07 points at 21,089.17 and the reality sector is down 33.71 points at 1,630.57. The Indian currency is up 0.47% at Rs 62.31 per dollar. Dec 11, 2014
Russian having a cup of tea

Tea Exports to Russia a Losing Proposition

Russia, the world's largest importer of tea has come under pressure from the fall in ruble, leading to margins coming under severe pressure for Indian exporters. Dec 11, 2014
Abercrombie & Fitch

Abercrombie & Fitch CEO Mike Jefferies Steps Down

Michael Jefferies, the controversial CEO of Abercrombie & Fitch stepped down from his post on Tuesday effective immediately, marking the end of a two-decade long career that saw several ups and downs. Dec 10, 2014
bse-closes-points-34-09-up-on-dec-10

BSE closes points 34.09 up on Dec 10

New Delhi, Dec 10 (ANI): Trading at the Bombay Stock Exchange today closed 34.09 points up to stand at 27,831.10. At the National Stock Exchange the Nifty closed 14.95 points up to stand at 8,355.65. SKS MICROFINANCE LTD and GITANJALI were among the top gainers of Group A with an increase of 10.76% and 8.83% along with PIPAVAVDOC and AJANTA PHARMA LTD with an increase of 8.10% and 6.40% respectively, while the top losers of Group A include HAVELLS and RASOYPR with a decrease 6.73% and 4.92% along with ABAN and VAKRANGEE with a decrease of 4.39% and 3.46% at the close of the markets. The Auto sector is up 68.56 points at 18,914.17 while the banking sector is up 211.09 points at 21,158.24 and the reality sector is up 4.29 points at 1,664.28. The Indian currency is up 0.21% at Rs 62.01 per dollar. Dec 10, 2014
Citigroup

Citi Group Nears Japan Exit; SMBC to Buy Bank's Retail Unit

Citi Group, the third-largest US bank, has reportedly entered into advanced talks with SMBC, a unit of Sumitomo Mitsui Financial Group, to sell its retail banking unit in Japan as the sector has been grappling with losses. Dec 10, 2014
Burger King

Burger King Embroiled in Trademark Lawsuit with Indian Joint

Burger King, the famous Miami-based fast food joint that launched in India in November this year, may have to find a new name for its brand to operate in the country as it is embroiled in a trademark lawsuit with an Indian burger joint of the same name. Dec 9, 2014
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