Finance

BSE closes points 202.38 down on November 26

New Delhi, November 26 (ANI): Trading at the Bombay Stock Exchange today closed 202.38 points down to stand at 20,402.70. At the National Stock Exchange the Nifty closed 56.25 points down to stand at 6,059.10. Torrent Power and Indian Hotels were among the top gainers of Group A with an increase of 19.97% and 5.82% along with ABB Ltd. and United Brew with an increase of 4.79% and 4.71% respectively, while the top losers of Group A include Piramal Enterprises Ltd. and BPCL with a decrease of 9.98% and 6.49% along with Unitech and Adani Enterprises Ltd. with a decrease of 5.90% and 5.51% at the close of the markets. The Auto sector is up 56.65 points at 12,141.23, while the banking sector is down 182.57 points at 12,462.52 and the realty sector is down 12.19 points at 1,327.63. The Indian currency is down 0.11% at Rs 62.43 per dollar.

Nov 26, 2013

Honda unveils its first diesel variant car in India

New Delhi, Nov 26 (ANI): Japanese firm Honda unveiled its much-awaited fourth-generation City cars in New Delhi, which will be launched in India in January 2014 in both petrol and diesel variants. Chief Executive Officer (CEO) of Honda Cars India Limited (HCIL), Hironori Kanayama, said that the City would regain its dominance in the premium car segment in India.

Nov 26, 2013

BSE closes points 387.69 up on November 25

New Delhi, November 25 (ANI): Trading at the Bombay Stock Exchange today closed 387.69 points up to stand at 20,605.08. At the National Stock Exchange the Nifty closed 119.90 points up to stand at 6,115.35. Crompton Greaves and Siemens were among the top gainers of Group A with an increase of 10.06% and 7.20% along with Oriental Bank and Max India with an increase of 6.70% and 6.33% respectively, while the top losers of Group A include Apollo Hospitals and Exide Industries with a decrease of 2.95% and 2.15% along with Idea Cellular and Mphasis with a decrease of 2.12% and 1.80% at the close of the markets. The Auto sector is up 242.95 points at 12084.58, while the banking sector is up 443.10, points at 12,645.09 and the realty sector is up 29.84 points at 1,339.82. The Indian currency is down 0.64% at Rs 62.47 per dollar.

Nov 25, 2013

BSE closes points 36.26 up on November 22

New Delhi, November 22 (ANI): Trading at the Bombay Stock Exchange today closed 36.26 points up to stand at 20265.31. At the National Stock Exchange the Nifty closed 3.60 points down to stand at 5995.45.Cadila Healthcare and United Spirits Ltd. were among the top gainers of Group A with an increase of 4.58% and 4.38% along with Siemens Ltd. and Strides Arcolab with an increase of 3.71% and 3.71% respectively, while the top losers of Group A include HDIL and Indian Bank with a decrease of 3.22% and 3.10% along with UPL and Sesa Sterlite with a decrease of 2.83% and 2.79% at the close of the markets. The Auto sector is down 144.97 points at 11,841.63, while the banking sector is down 20.08, points at 12,201.99 and the realty sector is down 9.32 points at 1,309.98.The Indian currency is down 0.01% at Rs 62.94 per dollar.

Nov 22, 2013

BSE closes points 372.84 down on November 21

New Delhi, November 21 (ANI): Trading at the Bombay Stock Exchange today closed 372.84 points down to stand at 20262.29. At the National Stock Exchange the Nifty closed 123.85 points down to stand at 5999.05.Wockhardt and Dabur India were among the top gainers of Group A with an increase of 2.90% and 2.67% along with Aurobindo Pharma and Amara Raja with an increase of 1.57% and 1.50% respectively, while the top losers of Group A include Future Retail and Power Finance with a decrease of 7.56% and 6.39% along with Bank of India and The Ramco Cements with a decrease of 5.45% and 5.28% at the close of the markets. The Auto sector is down 77.69 points at 12,025.59, while the banking sector is down 275.23, points at 12,258.71 and the realty sector is down 26.46 points at 1,323.72. The Indian currency is down 0.58% at Rs 62.93 per dollar.

Nov 21, 2013

BSE closes points 305.69 down on November 20

New Delhi, November 20 (ANI): Trading at the Bombay Stock Exchange today closed 305.69 points down to stand at 20585.13. At the National Stock Exchange the Nifty closed 94.20 points down to stand at 6,109.15. Wockhardt and Jaypee Infratech Ltd. were among the top gainers of Group A with an increase of 4.89% and 4.79% along with Amara Raja and Max India with an increase of 3.93% and 2.86% respectively, while the top losers of Group A include Canara Bank and Bank of India with a decrease of 5.08% and 4.82% along with Oriental Bank and Bharat Forge with a decrease of 4.71% and 4.58% at the close of the markets. The Auto sector is down 141.29 points at 12,112.56, while the banking sector is down 302.05, points at 12,456.82 and the realty sector is down 13.13 points at 1,342.98. The Indian currency is down 0.42% at Rs 62.62 per dollar.

Nov 20, 2013

BSE closes points 27.08 up on November 19

New Delhi, November 19 (ANI): Trading at the Bombay Stock Exchange today closed 27.08 points up to stand at 20877.82. At the National Stock Exchange the Nifty closed 14.35 points up to stand at 6,203.35. Jaypee Infratech Ltd. and MMTC were among the top gainers of Group A with an increase of 8.88% and 6.70% along with Apollo Tyres and Jubilant Food works Ltd. with an increase of 6.69% and 5.47% respectively, while the top losers of Group A include MCX and Adani Enterprises Ltd with a decrease of 4.08% and 2.90% along with Torrent Power Ltd. and Pipavav Defence with a decrease of 2.88% and 2.37% at the close of the markets. The Auto sector is up 11.66 points at 12,234.41, while the banking sector is up 44.06, points at 12,758.8 and the realty sector is up 20.14 points at 1,356.11.The Indian currency is up 0.56% at Rs 62.06 per dollar.

Nov 19, 2013

BSE closes points 453.95 up on November 18

New Delhi, November 18 (ANI): Trading at the Bombay Stock Exchange today closed 453.95 points up to stand at 2083.37. At the National Stock Exchange the Nifty closed 132.85 points up to stand at 6,189.00. Financial Technologies and MCX were among the top gainers of Group A with an increase of 19.99% and 18.06% along with Indian Bank and Suzlon Energy with an increase of 9.97% and 9.95% respectively, while the top losers of Group A include Jet Air India and Sun TV Network with a decrease of 4.20% and 2.55% along with The Ramco Cements and Crisil with a decrease of 1.81% and 1.72% at the close of the markets. The Auto sector is up 137.52 points at 12,216.52, while the banking sector is up 391.87, points at 12,718.20 and the realty sector is up 32.47 points at 1,337.04. The Indian currency is up 1.00% at Rs 62.48 per dollar.

Nov 18, 2013

Customizing bakery sector

New Delhi, Nov 15 (ANI): Baking at her home based bakery is Sonal Khurana, who had passion for baking cakes and turned it into profession after concluding that the bakery sector is booming in India. With innovative products and modern technology entering the Indian market, customized cakes are a hit this season. According to a report by Research and Markets, the bakery industry has achieved third position in generating revenue among the processed food sector. Daizy, a Delhi based cake designer, takes orders for her kitchen bakery and her business is roaring. New flavours are coming in the market l, which has provided the consumer with wide options, rather than restricting themselves to regular flavours.

Nov 15, 2013

BSE closes points 199.04 up on November 14

New Delhi, November 14 (ANI): Trading at the Bombay Stock Exchange today closed 199.04 points up to stand at 20393.44. At the National Stock Exchange the Nifty closed 66.55 points up to stand at 6,056.15. Suzlon Energy and Adani Enterprises Ltd were among the top gainers of Group A with an increase of 9.98% and 7.63% along with Max India and Prestige Estates with an increase of 7.10% and 6.90% respectively, while the top losers of Group A include Coal India and Ashok Leyland with a decrease of 3.70% and 2.24% along with Cipla and Thermax with a decrease of 2.07% and 1.91% at the close of the markets. The Auto sector is up 344.64 points at 12,081.58, while the banking sector is up 325.65, points at 12,332.63 and the realty sector is up 28.67 points at 1,304.20. The Indian currency is up 0.07% at Rs 63.26 per dollar.

Nov 14, 2013

RBI Chief relies on dipping trade gap to comfort market worries

Mumbai, Nov 14 (ANI): Reserve Bank of India (RBI) governor, Raghuram Rajan, highlighted the narrowing current account deficit as he sought to reassure investors who are worried that the country would be hit hard in a global market sell-off. Rajan said that it was important for Reserve Bank of India (RBI) to clarify the interpretation of economic events and the likely direction of economic policies at times of uncertainty so that markets worry about right things. Seeking to comfort the investors, Rajan said that there has been a dramatic reduction in the country's trade gap as per the fresh datas. Rajan also sought to reassure investors worried about the rupee's stability after the RBI has allowed oil companies to source dollars directly in markets instead of a special window provided by the central bank.

Nov 14, 2013

BSE closes points 87.51down on November 13

New Delhi, November 13 (ANI): Trading at the Bombay Stock Exchange today closed 87.51 points down to stand at 20194.40. At the National Stock Exchange the Nifty closed 28.45 points down to stand at 5989.60. Idea Cellular and Thermax were among the top gainers of Group A with an increase of 2.81% and 2.78% along with TV18 Broadcast and Reliance Communications Ltd with an increase of 2.52% and 2.48% respectively, while the top losers of Group A include Tata Global and GMR Infra with a decrease of 6.63% and 5.00% along with Andhra Bank and Shriram City Union Finance Ltd. with a decrease of 4.33% and 4.18% at the close of the markets. The Auto sector is up 54.44 points at 11,736.94, while the banking sector is down 75.23 points at 12,006.98 and the realty sector is down 14.71 points at 1,275.53. The Indian currency is up 0.25% at Rs 63.55 per dollar.

Nov 13, 2013

BSE closes points 223.51 down on November 12

New Delhi, Nov 12 (ANI): Trading at the Bombay Stock Exchange today closed 223.51 points down to stand at 20267.45. At the National Stock Exchange the Nifty closed 66.35 points down to stand at 6,012.45. Torrent Power and Bata India were among the top gainers of Group A with an increase of 5.60% and 4.31% along with National Aluminium Company Ltd. and Divis Lab with an increase of 4.08% and 3.74% respectively, while the top losers of Group A include MCX and Corporation Bank with a decrease of 10.03% and 8.88% along with Financial Technologies and Reliance Communications Ltd. with a decrease of 6.23% and 5.80% at the close of the markets. The Auto sector is down 168.62 points at 11,705.74, while the banking sector is down 224.91 points at 12,056.51 and the realty sector is down 15.62 points at 1,290.24. The Indian currency is down 0.85% at Rs 63.78 per dollar.

Nov 12, 2013

PepsiCo plans to invest Rs. 33,000 crores in India by 2020

New Delhi, Nov 11 (ANI): PepsiCo, the maker of Pepsi-Cola, Frito-Lay snacks and Tropicana juice, plans to invest Rs. 33,000 crores in India by 2020 to expand its presence in the country, its Chief Executive, Indra Nooyi said on Monday. Nooyi also added that PepsiCo shows great confidence in the country and its long-term growth prospects.

Nov 11, 2013

BSE closes points 163.27 down on November 11

New Delhi, November 11 (ANI): Trading at the Bombay Stock Exchange today closed 163.27 points down to stand at 20502.88. At the National Stock Exchange the Nifty closed 61.95 points down to stand at 6,078.80. Tata Communications and Divi's Lab were among the top gainers of Group A with an increase of 9.65% and 8.00% along with Adani Enterprises Ltd and Zee Entertainment with an increase of 7.26% and 5.44% respectively, while the top losers of Group A include HDIL and Dena Bank with a decrease of 8.69% and 6.88% along with GMR Infrastructure Ltd and Yes Bank with a decrease of 6.20% and 5.95% at the close of the markets. The Auto sector is down 141.28 points at 11,887.96, while the banking sector is down 173.33 points at 12,285.62 and the realty sector is down 40.97 points at 1,302.70. The Indian currency is down 1.26% at Rs 32.36 per dollar.

Nov 11, 2013