Business news

markets, sensex

Sensex down by 625 points due to multiple headwinds in opening session

There are too many challenges for the market in the near-term. Brent crude at $94, the dollar index above 105, the two-year US bond yield at 5.09 per cent and the INR at record lows against the dollar are strong headwinds, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. 10 days ago
markets, sensex

'Triple danger' looming over Indian markets in the near-term

There is a 'triple danger' looming over markets in the near-term: dollar index above 105, steadily rising US 10-year bond now around 4.39 per cent and the Brent crude above $94, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. 12 days ago
Bombay Dyeing To Sell 22-Acres Worli Land To Goisu Realty For Rs 5,200cr

Bombay Dyeing to sell 22-acres Worli land to Goisu Realty for Rs 5,200cr

In one of the biggest realty deals, the Bombay Dyeing and Manufacturing Co. Ltd. (BDMC) said it has approved a proposal to sell off its prime property in Worli, measuring around 22 acres, to Goisu Realty Pvt. Ltd in two phases for around Rs 5,200-crore, to pay off debts and fund future projects, here on Wednesday. 17 days ago
sensex

Stock Market: Best chance during week for new indices

Markets were in a very aggressive mood last week and gained on all five trading sessions. Something like this has not happened in a long time and they now seem set to make a new lifetime high and cross Mount 20K on NIFTY. 20 days ago
markets, sensex

Sensex, Nifty just shy of record highs ahead of G 20 summit

Benchmark Indices ended the week on Friday just a few percentage away from record highs ahead of the G20 Summit buoyed by good support from the Bank Nifty on positive newsflow from the RBI as well as the PSU & Infrastructure stocks, says S Ranganathan, Head of Research at LKP Securities. 22 days ago
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