Business news

bse-closes-points-140-41-down-on-jan-30

BSE closes points 140.41 down on Jan 30

New Delhi, Jan 30 (ANI): Trading at the Bombay Stock Exchange today closed 140.41 points down to stand at 20506.89. At the National Stock Exchange the Nifty closed 46.55 points down to stand at6073.70. Crompton Greaves and Oberoi Realty were among the top gainers of Group A with an increase of 9.48% and 6.66% along with Titan Company and IRB Infra with an increase of 3.94% and 3.73% respectively, while the top losers of Group A include Bank of India and United Spirits with a decrease of 10.06% and 7.19% along with HDIL and Godrej Industries Ltd with a decrease of 6.56% and 6.32% at the close of the markets. The Auto sector is up 47.02 points at 11,634.98 while the banking sector is down 309.01 points at 11,628.03 and the realty sector is down 26.70 points at 1,197.33. The Indian currency is down 0.57% at Rs 62.77 per dollar. Jan 30, 2014
diy-valentines-nails

DIY : Valentine's Nails

All your accessories are best suited for this Valentine's Day season. Why not nails? Have Valentine's Day special nail art on to suit this season even more! Facebook : http://www.youtube.com/user/VentunoNailart Twitter: https://twitter.com/VentunoNailArt Youtube: http://www.youtube.com/user/VentunoNailart A Ventunotech Production : www.ventunotech.com Jan 29, 2014
bse-closes-points-36-21-down-on-jan-29

BSE closes points 36.21 down on Jan 29

New Delhi, Jan 29 (ANI): Trading at the Bombay Stock Exchange today closed 36.21 points down to stand at 20647.30. At the National Stock Exchange the Nifty closed 6.00 points down to stand at6120.25. Maruti Suzuki and Adani Enterprises Ltd were among the top gainers of Group A with an increase of 7.11% and 6.09% along with HPCL and Indian Oil Corporation with an increase of 5.61% and 5.35% respectively, while the top losers of Group A include Indian Overseas Bank and Sobha Developers Ltd with a decrease of 5.83% and 5.34% along with Pipavav Defence and Financial Technology with a decrease of 4.97% and 4.19% at the close of the markets. The Auto sector is up 13.96 points at 11,587.96 while the banking sector is down 72.06 points at 11,948.42 and the realty sector is down 4.87 points at 1,226.36. The Indian currency is up 0.25% at Rs 62.36 per dollar. Jan 29, 2014
indian-banks-to-wait-before-hiking-loan-rates-post-rbis-tightening

Indian banks to wait before hiking loan rates post RBIs tightening

Mumbai, Jan 29 (ANI): Top Indian bankers said that they would wait to observe inflation and market trends further, before increasing the interest rates of loans to citizens for balancing funds due to the sudden hike in repo rate by the RBI. Reserve Bank of India (RBI), surprisingly raised interest rates for lending money to commercial banks on Tuesday to dampen inflation, saying it was now better prepared to deal with the risk of major capital outflows roiling emerging economies. The RBI, however, said that if retail inflation eases as projected, it does not foresee further near-term monetary policy tightening. The hike in repo rate could have a direct impact on the lending rates of funds borrowed by the citizens from the commercial banks. Meanwhile, chief of Indian Banks’ Association, K.R. Kamath, said that banks would have to take a final call on the interest rates only after considering the burden on customers due to inflation. Jan 29, 2014
bse-closes-points-23-94-down-on-jan-28

BSE closes points 23.94 down on Jan 28

New Delhi, Jan 28 (ANI): Trading at the Bombay Stock Exchange today closed 23.94 points down to stand at 20683.51. At the National Stock Exchange the Nifty closed 9.60 points down to stand at6126.25. HDIL and Apollo Tyres were among the top gainers of Group A with an increase of 6.09% and 6.07% along with Future Retail and IPCA Lab with an increase of 4.26% and 3.89% respectively, while the top losers of Group A include Maruti Suzuki and IRB Infra with a decrease of 8.12% and 5.19% along with Suzlon Energy and Pipavav Defence with a decrease of 4.59% and 4.43% at the close of the markets. The Auto sector is up 18.64 points at 11,574.00 while the banking sector is down 36.58 points at 12,020.48 and the realty sector is up 13.17 points at 1,231.23. The Indian currency is up 0.67% at Rs 62.68 per dollar. Jan 28, 2014
rbi-hikes-repo-rate-by-25-bps

RBI hikes repo rate by 25 bps

New Delhi, Jan 28 (ANI): The Reserve Bank of India on Tuesday unexpectedly raised policy interest rate by 25 basis points. RBI Governor Raghuram Rajan however said that if consumer price inflation eases as projected it does not foresee further near-term tightening. Jan 28, 2014
bse-closes-points-389-88-down-on-jan-27

BSE closes points 389.88 down on Jan 27

New Delhi, Jan 27 (ANI): Trading at the Bombay Stock Exchange today closed 389.88 points down to stand at 20743.68. At the National Stock Exchange the Nifty closed 130.90 points down to stand at 6135.85. Glenmark Pharma and The Ramco Cements were among the top gainers of Group A with an increase of 5.49% and 3.54% along with Thermax and Hindustan Unilever with an increase of 2.60% and 2.46% respectively, while the top losers of Group A include Jaiprakash Associates and JP POWER with a decrease of 13.80% and 13.06% along with HDIL and GMR Infra with a decrease of 12.28% and 11.30% at the close of the markets. The Auto sector is down 397.76 points at 11,555.36 while the banking sector is down 499.10 points at 12,057.06 and the realty sector is down 89.11 points at 1,218.06. The Indian currency is down 0.72% at Rs 63.11 per dollar. Jan 27, 2014
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