Business news

Indian Rupee Continues to Plunge, Could Touch 70 against Dollar, Says Report

The Indian rupee has been continuously falling of late despite Reserve Bank of India's intervention, The currency is unlikely to recover soon with a report by Deutsche Bank predicting that it is could touch 70 against the US dollar in a month's time.

Aug 22, 2013

Sensex Surges Over 400 Points; Metal Shares Rally

Indian stock markets advanced for the first time in five days on Thursday, with Sensex surging more than 400 points, helped by gains from metal and oil & gas sector shares.

Aug 22, 2013

Indian Stocks Expected to Extend Losing Streak

Indian stock markets are expected to decline for the fifth straight session on Thursday after the minutes from the Federal Open Market Committee’s (FOMC) July policy meeting released Wednesday offered few clues on when the US central bank might reduce its asset purchase program.

Aug 22, 2013

Indian Stocks Plunge As Rupee Touches Record Low; Nifty Slips Below 5400 Level

Indian stock markets declined for the fourth straight session on Wednesday, with Nifty falling below its psychological 5400 level, as the rupee plunged to a new record low against the US Dollar.

Aug 21, 2013

Indian Stock Markets Expected To Decline On Wednesday

Indian stock markets are expected to extend its losing streak for a fourth straight session on Wednesday, ahead of the release of minutes from the Federal Open Market Committee’s (FOMC) July policy meeting.

Aug 21, 2013

Indian Stock Markets End Lower; Consumer Durables, Auto Shares Slide

Indian stocks ended lower for a third straight session on Tuesday, weighed down by weakness in consumer durables, auto and healthcare sectors.

Aug 20, 2013

Indian Stock Markets Expected to Decline on Tuesday

Indian stock markets are expected to decline for the third straight session on Tuesday as the rupee hit another record closing low against the dollar Monday.

Aug 20, 2013

Indian Stocks Extend Slide on Weak Rupee; Nifty Slips Below 5500 Level

Indian stocks markets declined for a straight second session on Monday, with Nifty touching its lowest level in 11 months, as rupee extended slide against the US dollar.

Aug 19, 2013

Indian Stocks Expected To Slightly Recover After Sell-Off

Indian stocks markets are expected to slightly recover on Monday after tumbling in the previous session.

Aug 19, 2013

Indian Stocks Slump As Rupee Hits Record Low; Nifty Slips Below 5600 Level

Indian stock markets ended sharply lower on Friday with the Nifty falling below the 5600 level, as sentiment was weighed down by weak rupee which has hit a new all-time low against the US dollar.

Aug 16, 2013

Indian Stock Markets Expected To Decline On Friday

Indian stock markets are expected to decline on Friday after gaining in the last four sessions, as a sell-off in global markets is likely to weigh on the investor sentiment.

Aug 16, 2013

Indian Stock Markets Advance; Metal, Realty Shares Surge

Indian stocks markets advanced for the first time in three days on Thursday, helped by gains from metal and realty sector shares.

Aug 8, 2013

Indian Stock Markets Expected to Decline on Thursday

Indian stock markets are expected to decline for a third straight session on Thursday as the rupee plunged to a record closing low against the dollar Wednesday.

Aug 8, 2013

Indian Stocks Decline on Weak Rupee and Global Cues

Indian stocks markets ended lower for a straight second session on Wednesday as weak rupee and a broad selloff in global markets dampened sentiment.

Aug 7, 2013

Indian Stocks Expected To Recover As Rupee Rebounds From Record Low

Indian stocks markets are expected to recover on Wednesday after plunging in the previous session as rupee rebounded from a record low against the dollar late Tuesday.

Aug 7, 2013