Finance

BSE closes points 39.51 up on Dec 26

New Delhi, Dec 26 (ANI): Trading at the Bombay Stock Exchange today closed 39.51 points up to stand at 21,072.22. At the National Stock Exchange the Nifty closed 10.50 points up to stand at 6,278.90. Gitanjali Gems and Suzlon Energy were among the top gainers of Group A with an increase of 18.62% and 9.27% along with Bosch and Karnataka Bank with an increase of 7.82% and 7.47% respectively, while the top losers of Group A include Apollo Tyres and Century Tex with a decrease of 3.57% and 3.36% along with Biocon and MRF with a decrease of 3.14% and 2.85% at the close of the markets. The Auto sector is down 85.91 points at 12,289.67 while the banking sector is up 76.35 points at 13,013.95 and the realty sector is down 2.14 points at 1,449.74. The Indian currency is down 0.26% at Rs 61.95 per dollar.

Dec 26, 2013

BSE closes points 71.12 down on Dec 24

New Delhi, Dec 24 (ANI): Trading at the Bombay Stock Exchange today closed 71.12 points down to stand at 21,029.91. At the National Stock Exchange the Nifty closed 16.95 points down to stand at 6,267.55. Gitanjali Gems and Century Tex were among the top gainers of Group A with an increase of 16.29% and 6.68% along with Apollo Tyres and ING Vysya Bank with an increase of 7.87% and 5.13% respectively, while the top losers of Group A include J and K Bank and Tata Power with a decrease of 4.66% and 2.98% along with SSLT and Hindustan Zinc with a decrease of 2.46% and 2.37% at the close of the markets. The Auto sector is down 5.49 points at 12,379.68 while the banking sector is down 64.12 points at 12,929.34 and the realty sector is up 1.37 points at 1,452.13. The Indian currency is up 0.13% at Rs 61.87 per dollar.

Dec 24, 2013

BSE closes points 21.31 up on Dec 23

New Delhi, Dec 23 (ANI): Trading at the Bombay Stock Exchange today closed 21.31 points up to stand at 21,101.03. At the National Stock Exchange the Nifty closed 10.25 points up to stand at 6,284.50. HDIL and Biocon were among the top gainers of Group A with an increase of 7.76% and 6.68% along with L&T Finance Holdings and Jaypee Infratech Ltd with an increase of 6.54% and 6.29% respectively, while the top losers of Group A include United Breweries Ltd and Motherson Sumi Systems with a decrease of 5.28% and 4.21% along with United Spirits and Bharti Infratel with a decrease of 3.65% and 2.81% at the close of the markets. The Auto sector is up 27.92 points at 12,385.17 while the banking sector is up 102.93 points at 12,993.46 and the realty sector is up 44.45 points at 1,450.76. The Indian currency is up 0.34% at Rs 61.83 per dollar.

Dec 23, 2013

Surge in sale of Christmas decoratives in South India before Christmas

Kochi, Dec 20 (ANI): With Christmas just a few days away, India revels in festivities with surge in the sale of Xmas stars, decorative items, buntings and confectioneries across markets in the country.

Dec 20, 2013

BSE closes points 394.52 up on Dec 20

New Delhi, Dec 20 (ANI): Trading at the Bombay Stock Exchange today closed 394.52 points up to stand at 21103.14. At the National Stock Exchange the Nifty closed 112.850 points up to stand at 6,279.50. MCX and Jaypee Infratech Ltd were among the top gainers of Group A with an increase of 9.91% and 7.46% along with J&K Bank and Power Finance with an increase of 7.38% and 7.18% respectively, while the top losers of Group A include Gitanjali Gems and Adani Ports with a decrease of 4.16% and 2.09% along with Engineers India and United Breweries Ltd with a decrease of 2.00% and 1.81% at the close of the markets. The Auto sector is up 249.27 points at 12,361.65 while the banking sector is up 231.10 points at 12,892.32 and the realty sector is up 35.34 points at 1,403.89. The Indian currency is up 0.06% at Rs 62.11 per dollar.

Dec 20, 2013

BSE closes points 150.92 down on Dec 19

New Delhi, Dec 19 (ANI): Trading at the Bombay Stock Exchange today closed 150.92 points down to stand at 20,708.94. At the National Stock Exchange the Nifty closed 50.50 points down to stand at 6,166.65. Wockhardt and Adani Ports were among the top gainers of Group A with an increase of 9.27 % and 5.28% along with Bharat Forge and Suzlon Energy with an increase of 4.27% and 3.86% respectively, while the top losers of Group A include Strides Arco and IRB Infra with a decrease of 57.87% and 4.29% along with Reliance Capital Ltd. and Oriental Bank with a decrease of 4.25% and 4.18% at the close of the markets. The Auto sector is down 23.67 points at 12,126.68 while the banking sector is down 316.53 points at 12,659.52 and the realty sector is down 12.44 points at 1,367.18. The Indian currency is down 0.10% at Rs 62.15 per dollar.

Dec 19, 2013

BSE closes points 271.45 up on Dec 18

New Delhi, Dec 18 (ANI): Trading at the Bombay Stock Exchange today closed points 271.45 up to stand at 20,883.59. At the National Stock Exchange the Nifty closed 89.95 points up to stand at 6,229.00. Biocon and MCX were among the top gainers of Group A with an increase of 11.73% and 11.26% along with HDIL and Oriental Bank with an increase of 7.65% and 6.83% respectively, while the top losers of Group A include TTK Prestige and Indian Hotels with a decrease of 5.02% and 3.30% along with Strides Arco and Financial Technologies (India) Ltd with a decrease of 2.02% and 1.37% at the close of the markets. The Auto sector is up 228.09 points at 12,171.97 while the banking sector is up 213.12 points at 13,010.30 and the realty sector is up 49.16 points at 1,381.94. The Indian currency is up 0.08% at Rs 61.96 per dollar.

Dec 18, 2013

BSE closes points 50.40 down on Dec 17

New Delhi, Dec 17 (ANI): Trading at the Bombay Stock Exchange today closed 50.40 points down to stand at 20,609.12. At the National Stock Exchange the Nifty closed 15.65 points down to stand at 6,139.05. Financial technologies (India) ltd. and Wockhardt were among the top gainers of Group A with an increase of 10.90% and 10.42% along with Indian Hotels and Cummins India with an increase of 4.98% and 4.78% respectively, while the top losers of Group A include Sobha Developers Ltd. and HDFC Bank with a decrease of 3.75% and 3.61% along with Syndicate Bank and IOB with a decrease of 3.16% and 3.10% at the close of the markets. The Auto sector is up 10.11 points at 11,960.40 while the banking sector is down 207.64 points at 12,755.30 and the realty sector is down 8.82 points at 1,331.49. The Indian currency is down 0.29% at Rs 61.91 per dollar.

Dec 17, 2013

BSE closes points 191.08 down on Dec 13

New Delhi, Dec 13 (ANI): Trading at the Bombay Stock Exchange today closed points 191.08 down to stand at 20,734.53. At the National Stock Exchange the Nifty closed 68.65 points down to stand at 6,168.40. Aurobindo Pharma and IPCA Lab were among the top gainers of Group A with an increase of 4.35% and 2.87% along with Tata Motors and Oberoi Realty with an increase of 2.61% and 1.77% respectively, while the top losers of Group A include Jet Air India and Torrent Power with a decrease of 7.29% and 6.09% along with Wockhardt and Jaiprakash Associates with a decrease of 6.08% and 5.44% at the close of the markets. The Auto sector is down 6.54 points at 12,047.11 while the banking sector is down 314.49 points at 12,953.52 and the realty sector is down 26.70 points at 1,341.86. The Indian currency is down 0.57% at Rs 62.16 per dollar.

Dec 13, 2013

Raghuram Rajan admits to low growth rate & higher inflation

Kolkata, Dec 13 (ANI): Reserve Bank of India (RBI) Governor Raghuram Rajan said that the growth rate of the economy was weaker but inflation was higher than desired. Rajan on Thursday, said that data showed a sharply higher food prices in the country. Rajan added the RBI would take all data into account and that the RBI was "very uncomfortable" with the current level of inflation. The RBI also warned regulators to be vigilant against ponzi schemes.

Dec 13, 2013

BSE closes points 258.68 down on Dec 12

New Delhi, Dec 12 (ANI): Trading at the Bombay Stock Exchange today closed points 258.68 down to stand at 20,912.73. At the National Stock Exchange the Nifty closed 70.85 points down to stand at 6,237.05. Coromandel International ltd. and Mcleod Russel India Ltd. were among the top gainers of Group A with an increase of 7.53% and 5.93% along with Tata Power and Pipavav Defence And Offshore Eng Ltd with an increase of 3.84% and 3.20% respectively, while the top losers of Group A include Adani Enterprises Ltd. and Tata Motors Ltd. with a decrease of 5.48% and 4.55% along with Tv18 Broadcast Ltd. and Power Finance Corporation Ltd. with a decrease of 4.13% and 3.48% at the close of the markets. The Auto sector is down 270.57 points at 12,053.65 while the banking sector is down 197.57 points at 13,268.01 and the realty sector is down 8.17 points at 1,364.77.The Indian currency is down 0.72% at Rs 61.69 per dollar.

Dec 12, 2013

More data needed to be confident on economic pick-up: Raghuram Rajan

Kolkata, Dec 12 (ANI): RBI chief, Raghuram Rajan has stated that more economic data is needed to be confident that economic growth is picking up, although he added that the benefits to exports from the rupee's fall is yet to kick in. Rajan stated this while addressing the ‘5th National Conference on Leadership’ in Kolkata. Rajan added that the rupee has stabilised "somewhat", but said there is no room for complacency. He also called on the government to continue its efforts to contain the fiscal deficit and said raising subsidised diesel prices to market levels would help.

Dec 12, 2013

BSE closes points 41.48 down on Dec 11

New Delhi, Dec 11 (ANI): Trading at the Bombay Stock Exchange today closed 41.48 points down to stand at 21,213.78. At the National Stock Exchange the Nifty closed 24.95 points down to stand at 6,307.90. Suzlon Energy and Bharti Infratel were among the top gainers of Group A with an increase of 7.42% and 3.85% along with Dish TV India and MRF with an increase of 3.66% and 3.60% respectively, while the top losers of Group A include Pipavav Defence and JSW ENERGY with a decrease of 4.95% and 4.00% along with MCX and Adani Enterprises Ltd. with a decrease of 3.71% and 3.63% at the close of the markets. The Auto sector is down 132.39 points at 12,322.75 while the banking sector is up 24.49 points at 13,535.12 and the realty sector is down 2.75 points at 1,377.67. The Indian currency is down 0.42% at Rs 61.30 per dollar.

Dec 11, 2013

BSE closes points 71.16 down on Dec 10

New Delhi, Dec 10 (ANI): Trading at the Bombay Stock Exchange today closed points 71.16 down to stand at 21249.80. At the National Stock Exchange the Nifty closed 31.05 points down to stand at 6,322.85. Hindustan Zinc and Oberoi Realty were among the top gainers of Group A with an increase of 7.03% and 5.21% along with Indian Hotels Company Ltd. and MRF Ltd with an increase of 5.05% and 4.54% respectively, while the top losers of Group A include NTPC and Torrent Power Ltd. with a decrease of 11.26% and 4.83% along with Adani Power Ltd. and Jaypee Infratech Ltd. with a decrease of 4.43% and 4.40% at the close of the markets. The Auto sector is down 11.03 points at 12,455.14, while the banking sector is down 244.17 points at 13,510.63 and the realty sector is down 20.76 points at 1,380.42. The Indian currency is down 0.04% at Rs 61.16 per dollar.

Dec 10, 2013

Mukesh Ambani announces Rs. 2,500 crore investment for digital infrastructure

Mohali, Dec 10 (ANI): Business tycoon, Mukesh Ambani has announced an investment of Rs. 2,500 crore for the setting up of digital infrastructure in Punjab. Ambani also announced that Reliance Foundation will partner with Punjab in promoting sports, specially basketball in schools. Ambani said this while attending the Progressive Punjab Summit in Mohali, along with global steel giant, Arcelormittal CEO, Lakshmi Mittal and Chief of Punjab, Prakash Singh Badal. Further addressing the summit, Ambani declared his future plan of connecting to 147 towns. Ambani also talked about creating employment for the people.

Dec 10, 2013