Finance

BSE closes points 371.80 up on April 9

New Delhi, April 9 (ANI): Trading at the Bombay Stock Exchange today closed 371.80 points up to stand at 22715.25. At the National Stock Exchange the Nifty closed up 107.80 points up to stand at6802.85. Indian Bank and Essar Oil were among the top gainers of Group A with an increase of 9.98% and 8.96% along with Crompton Greaves Ltd. and Suzlon Energy with an increase of 8.78% and 7.38% respectively, while the top losers of Group A include Tech Mahindra and HCL Tech with a decrease of 3.14% and 1.85% along with Muthoot Finance and Bharti Infratel with a decrease of 1.84% and 1.73% at the close of the markets. The Auto sector is up 257.70 points at 13,522.61 while the banking sector is up 496.46 points at 14,801.81 and the realty sector is up 27.64 points at 1,533.35. The Indian currency is down 0.02% at Rs 60.12 per dollar.

Apr 9, 2014

BSE closes points 16.05 down on April 7

New Delhi, April 7 (ANI): Trading at the Bombay Stock Exchange today closed 16.05 points down to stand at 22,343.45. At the National Stock Exchange the Nifty closed up 0.70 points up to stand at6, 695.05. Suzlon Energy and Strides Arco were among the top gainers of Group A with an increase of 12.40% and 8.02% along with Jaiprakash Associates and GMR Infrastructure with an increase of 5.40% and 5.38% respectively, while the top losers of Group A include Jindal Steel and Future Retail with a decrease of 5.93% and 5.46% along with Prestige Estates and Crompton Greaves with a decrease of 4.90% and 3.72% at the close of the markets. The Auto sector is down 13.96 points at 13,264.91 while the banking sector is down 56.91 points at 14,305.35 and the realty sector is down 20.89 points at 1,505.71. The Indian currency is down 0.17% at Rs 60.19 per dollar.

Apr 7, 2014

BJPs manifesto sounds economically good: Akash Jindal

New Delhi, April 7 (ANI): Market Expert Akash Jindal stated that BJP’s manifesto sounded positive for the economic development of the country if they intend on following it on formation of their government in the Centre. Jindal said that the policies of BJP may increase the national growth and make the economy stronger.

Apr 7, 2014

BSE closes points 42.42 down on April 3

New Delhi, April 3 (ANI): Trading at the Bombay Stock Exchange today closed 42.42 points down to stand at 22,509.07. At the National Stock Exchange the Nifty closed down 16.45 points up to stand at 6,736.10. Wockhardt and Ranbaxy Lab were among the top gainers of Group A with an increase of 8.33% and 4.92 % along with Shriram City University and Thermax with an increase of 4.81% and 4.54% respectively, while the top losers of Group A include L&T Finance Holdings and IFCI with a decrease of 9.77% and 8.51% along with Godrej Cons and Oriental Bank with a decrease of 7.02% and 4.61% at the close of the markets. The Auto sector is down 17.67 points at 13,413.41 while the banking sector is down 156.28 points at 14,378.58 and the realty sector is down 6.59 points at 1,476.87. The Indian currency is down 0.60% at Rs 60.26 per dollar.

Apr 3, 2014

BSE closes points 105.05 up on April 2

New Delhi, April 2 (ANI): Trading at the Bombay Stock Exchange today closed 105.05 points up to stand at 22,551.49. At the National Stock Exchange the Nifty closed 31.50 points up to stand at 6,752.55. Wockhardt and Jet Air India were among the top gainers of Group A with an increase of 20.00% and 13.22% along with Strides Arcolab Ltd. and Oriental Bank with an increase of 10.89% and 9.31% respectively, while the top losers of Group A include Engineers India and Asian Paints with a decrease of 2.89% and 2.65% along with Dabur India and ITC with a decrease of 2.48% and 2.31% at the close of the markets. The Auto sector is up 113.26 points at 13,418.27 while the banking sector is up 134.16 points at 14,534.86 and the realty sector is up 28.93 points at 1,484.85. The Indian currency is up 0.31% at Rs 59.73 per dollar.

Apr 2, 2014

BSE closes points 60.17 up on April 1

New Delhi, April 1 (ANI): Trading at the Bombay Stock Exchange today closed 60.17 points up to stand at 22,446.44. At the National Stock Exchange the Nifty closed 16.85 points up to stand at 6,721.05. Gitanjali Gems and Godrej Consumer Products Ltd. were among the top gainers of Group A with an increase of 6.87% and 5.91% along with Aurobindo Pharma Ltd. and TV18 Broadcast with an increase of 5.37% and 5.30% respectively, while the top losers of Group A include Aurobindo Pharma Ltd. and Siemens with a decrease of 4.41% and 4.24% along with Sobha Developers Ltd. and Ashok Leyland with a decrease of 4.12% and 4.01% at the close of the markets. The Auto sector is up 14.51 points at 13,294.78 while the banking sector is down 157.79 points at 14,414.67 and the realty sector is down 12.29 points at 1,456.11. The Indian currency is down 0.04% at Rs 60.06 per dollar.

Apr 1, 2014

RBI Credit Policy: Repo rate unchanged at 8%, reverse repo rate at 7%, CRR unchanged at 4%

Mumbai, April 01 (ANI): The Reserve Bank of India (RBI) Governor Raghuram Rajan on Tuesday held a press conference on the RBI credit policy wherein he held the Repo rate steady at 8 per cent, reverse repo rate at 7%, and CRR unchanged at 4% in line with expectations of the stock market.

Apr 1, 2014

BSE closes points 50.39 up on March 31

New Delhi, March 31 (ANI): Trading at the Bombay Stock Exchange today closed 50.39 points up to stand at 222390.36. At the National Stock Exchange the Nifty closed 6.55 points up to stand at 6702.45. Unitech and Suzlon Energy were among the top gainers of Group A with an increase of 15.39% and 12.03% along with SAIL and Hindalco with an increase of 10.05% and 8.75% respectively, while the top losers of Group A include ONGC and IDFC with a decrease of 2.99% and 2.91% along with Dr Reddys Lab and Bajaj Holdings with a decrease of 2.52% and 2.32% at the close of the markets. The Auto sector is up 127.76 points at 13,255.29 while the banking sector is down 12.70 points at 14,572.46 and the realty sector is up 40.44 points at 1,468.4. The Indian currency is up 0.66% at Rs 59.91 per dollar.

Mar 31, 2014

Sensex hits all time high for third session, market expert says political scenario responsible

Mumbai, March 31 (ANI): The Sensex hits fresh all time high for a third consecutive session on the back of strong dollar inflows and positive neighboring countries. Reacting on the same, Market Expert Sunil Shah said that the political scenario in the country and the expectations from the apparent upcoming NDA government post general elections. Shah said that FII is providing liquidity and a major amount of money is coming out from Russia which is finding its destination in India because of similar expectations by the next government.

Mar 31, 2014

BSE closes points 125.60 up on March 28

New Delhi, March 28 (ANI): Trading at the Bombay Stock Exchange today closed 125.60 points up to stand at 22,339.97. At the National Stock Exchange the Nifty closed 54.15 points up to stand at 6,695.90. Adani Power and Union Bank were among the top gainers of Group A with an increase of 16.63% and 9.31% along with Oriental Bank and NHPC with an increase of 8.99% and 7.76% respectively, while the top losers of Group A include South Indian Bank and Bharti Infratel with a decrease of 4.48% and 3.19% along with Aurobindo Pharma and Sun TV Network with a decrease of 2.12% and 1.84% at the close of the markets. The Auto sector is up 21.58 points at 13,133.0 while the banking sector is up 189.96 points at 14,604.11 and the realty sector is up 23.39 points at 1,428.69. The Indian currency is up 0.60% at Rs 59.95 per dollar.

Mar 28, 2014

BSE closes points 105.13 up on March 27

New Delhi, March 27 (ANI): Trading at the Bombay Stock Exchange today closed 105.13 points up to stand at 22,200.43. At the National Stock Exchange the Nifty closed 40.35 points up to stand at 6,641.75. HDIL and JPINFRATEC were among the top gainers of Group A with an increase of 10.16% and 6.01% along with IDFC and Motherson Sumi with an increase of 5.82% and 5.75% respectively, while the top losers of Group A include MRF and Divis Lab with a decrease of 3.28% and 3.17% along with Zee Entertainment Enterprises Ltd. and Suzlon Energy with a decrease of 2.33% and 2.24% at the close of the markets. The Auto sector is up 74.03 points at 13,117.89 while the banking sector is up 83.32 points at 14,391.32 and the realty sector is up 16.58 points at 1,407.15. The Indian currency is down 0.05% at Rs 60.17 per dollar.

Mar 27, 2014

BSE closes points 21.64 up on March 26

New Delhi, March 26 (ANI): Trading at the Bombay Stock Exchange today closed 21.64 points up to stand at 22,076.85. At the National Stock Exchange the Nifty 11.65 points up to stand at 6,601.40. Ashok Leyland and Oberoi Realty were among the top gainers of Group A with an increase of 10.37% and 8.25% along with SAIL and Yes Bank with an increase of 6.28% and 5.97% respectively, while the top losers of Group A include Indiabulls Real Estate and Eicher Motors with a decrease of 4.72% and 4.00% along with Glenmark Pharma and Indraprastha Gas with a decrease of 3.78% and 3.43% at the close of the markets. The Auto sector is up 130.87 points at 13,051.52 while the banking sector is up 87.14 points at 14,307.19 and the realty sector is down 5.51 points at 1,388.35. The Indian currency is up 0.55% at Rs 60.15 per dollar.

Mar 26, 2014

Sensex hits fresh all time high, Nifty crosses 6600

New Delhi, March 26 (ANI): Both Sensex and Nifty on Wednesday crossed their all time high. The Sensex opened higher at 22,134.71 and rose further to an all-time high of 22,172.10 before quoting at 22,154.79 showing a gain of 99.58 points from its last close. Meanwhile, Nifty crossed a high of 6600. Talking about the development, Market Analyst Akash Jindal predicted that after Diwali it may cross 25000. Jindal also said that economy is looking better with dollar below the rupee now. He also suggested the investors to not hurry in their investments and wait for some more time as the economy is going to boost further.

Mar 26, 2014

BSE closes points 12.76 down on March 25

New Delhi, March 25 (ANI): Trading at the Bombay Stock Exchange today closed 12.76 points down to stand at 22,042.72. At the National Stock Exchange the Nifty 6.25 points up to stand at 6,589.75. Dish TV India and Ashok Leyland were among the top gainers of Group A with an increase of 6.24% and 5.97% along with Apollo Tyres and Container Corp with an increase of 5.87% and 5.85% respectively, while the top losers of Group A include Pipavav Defence and Indian Bank with a decrease of 3.02% and 2.88% along with Oberoi Realty and RIL with a decrease of 2.87% and 2.87% at the close of the markets. The Auto sector is up 40.62 points at 12,929.12 while the banking sector is up 40.22 points at 14,220.05 and the realty sector is up 18.09 points at 1,394.04. The Indian currency is up 0.47% at Rs 60.49 per dollar.

Mar 25, 2014

BSE Sensex hits record high bank stocks lead

New Delhi/ Mumbai, March 25 (ANI): Indian stock market jumped nearly 1.5 percent to record highs surpassing their previous all-time highs hit just last week as lenders extended a recent rally boosted by strong foreign investor flows. The Nifty ended 1.36 percent higher after marking a lifetime high of 6,591.50, while the benchmark Sensex finished 1.38 percent up after touching a record high of 22,074.34, surpassing their previous milestones hit on March 18. The prospect that the upcoming elections will usher in a new government led by the BJP is also aiding the gains, given market perceptions that the party has a more business-friendly stance.

Mar 25, 2014