Business news

Sensex, Nifty Fall on Profit Taking

Nifty fell on Friday after hitting a record high for a third straight day as investors took profits in blue-chips, such as ICICI bank, whereas IT stocks declined after Wipro's US Dollar revenue growth lagged rivals.

Jul 25, 2014

BSE closes points 145.10 down on July 25

New Delhi, July 25 (ANI): Trading at the Bombay Stock Exchange today closed 145.10 points down to stand at 26,126.75. At the National Stock Exchange the Nifty closed 40.15 points down to stand at 7,790.45. Wockhardt and Glenmark Pharma were among the top gainers of Group A with an increase of 9.92% and 6.60% along with Sun Pharma and Ranbaxy Lab with an increase of 4.45% and 4.20% respectively, while the top losers of Group A include JPINFRATEC and Biocon with a decrease of 7.50% and 7.12% along with Century Tex and UCO Bank with a decrease of 6.90% and 6.44% at the close of the markets. The Auto sector is down 198.27 points at 15,609.56 while the banking sector is down 239.37 points 17,542.99 and the realty sector is down 52.97 points at 1,925.00. The Indian currency is up 0.03% at Rs 60.10 per dollar.

Jul 25, 2014

Sensex, Nifty Dip on Profit Booking and Lower Asian Shares

The Indian stock market traded lower due to profit booking, plunged Asian stocks, decline in crude oil prices and also announcement due of Foreign exchange and Bank Credit data on Friday.

Jul 25, 2014

Drugmaker Ipca Halts Exports to US from Ratlam Plant after FDA Finds Guidelines Violation

Ipca Laboratories informed on Thursday that it has stopped exports to USA from its Ratlam drug manufacturing plant, after the United States Food and Drug Administration (FDA) expressed concerns.

Jul 24, 2014

BSE closes points 124.52 up on July 24

New Delhi, July 24 (ANI): Trading at the Bombay Stock Exchange today closed 124.52 points up to stand at 26,271.85. At the National Stock Exchange the Nifty closed 34.85 points up to stand at 7,830.60. Financial Tech and Uco Bank were among the top gainers of Group A with an increase of 10.00% and 5.83% along with Bank of India and Reliance Capital Ltd. with an increase of 4.27% and 4.05% respectively, while the top losers of Group A include IPCA Lab and JPPOWER with a decrease of 13.06% and 7.02% along with Cairn India and Jaiprakash Associates Ltd. with a decrease of 6.67% and 6.06% at the close of the markets. The Auto sector is up 3.67 points at 15,807.83 while the banking sector is up 77.29 points at 17,782.36 and the realty sector is up 6.28 points at 1,977.97. The Indian currency is 0.01% down at Rs 60.10 per dollar.

Jul 24, 2014

Indian stock brokers watch the key Sensex share index graph in a brokerage firm in Mumbai May 13, 2004.

Indian Stocks Trade Lower; Insurers Gain on FDI Hike

The sale of NSE equity futures at discounted price has worried the traders about the decline of broader Nifty index in the near term.

Jul 24, 2014

Apple Pushes S&P 500 to Record Close; Boeing Hits Dow

Stocks ended mostly higher on Wednesday, with the S&P 500 closing at a record on Apple's bullish results.

Jul 24, 2014

A worker welds at a machinery manufacturing factory

China July HSBC Flash PMI at 18-month High as Stimulus Spurs Economy

China's factory activity expanded at its fastest pace in 18 months in July as new orders surged.

Jul 24, 2014

Apple to Team up with IBM to Boost iPad Sales [Video]

Apple Inc. is set to team up with International Business Machines (IBM) to boost the sales of the iPad that has been under-performing in the market.

Jul 24, 2014

Lay's Announces Finalists of #DoUsAFlavor; Could You be Waking up to Cappuccino Potato Chips? [Video]

Lay's potato chips officially announced the four finalists of their #DoUsAFlavor campaign; Voting starts from 28 July.

Jul 23, 2014

BSE closes points 310.63 up on July 23

New Delhi, July 23 (ANI): Trading at the Bombay Stock Exchange today closed 121.53 points up to stand at 26,147.33. At the National Stock Exchange the Nifty closed 27.90 points up to stand at 7,795.75. Financial Tech and MRF were among the top gainers of Group A with an increase of 9.99% and 7.27% along with National Unitech and Berger Paints with an increase of 5.16% and 4.73% respectively, while the top losers of Group A include Sun TV Network and Coromandel International with a decrease of 7.07% and 3.64% along with Apollo Hospital and Ambuja Cements with a decrease of 3.19% and 3.17% at the close of the markets. The Auto sector is up 30.46 points at 15,804.16 while the banking sector is up 41.60 points at 17,705.07 and the realty sector is down 1.06 points at 1,971.69. The Indian currency is 0.19% down at Rs 60.13 per dollar.

Jul 23, 2014