Markets

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Sensex reverses losing streak; Tata Steel, ICICI Prudential, Interglobe Aviation hit new highs, fresh developments at Mindtree, Fortis, Godrej

The BSE Sensex was trading about 250 points higher at 31,085; top gainers on BSE include Tata Steel, SpiceJet, ICICI Prudential, Interglobe Aviation.

Jun 29, 2017

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Kurdish Independence: '800,000 bpd of crude needed to oil statecraft'

The oil-rich city of Kirkurk, which the Kurds call their Jerusalem, has almost three percent of the world's proven oil reserves.

Jun 27, 2017

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Market outlook: Investors likely to remain cautious ahead of GST; Tejas Networks to list on June 27

Tejas Networks is set to list on June 27; Sensex and Nifty are expected to remain range-bound in the last trading week before GST rollout from July 1.

Jun 24, 2017

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Sensex, Nifty give up gains, end on a flat note

Select stocks such as GMR Infra, HDFC Bank, Interglobe, SpiceJet hit new highs even as Sensex crossed 31,500.

Jun 22, 2017

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SpiceJet, Tata Steel, Interglobe Aviation, BEML, GMR Infra hit fresh 52-week highs; CDSL IPO gets good response

On a lacklustre trading day, select stocks such as SpiceJet, Tata Steel, BEML, GMR Infra, Indigo-owner Interglobe Aviation hit 52-week highs; CDSL IPO oversubscribed on Day 1.

Jun 20, 2017

Kamat Hotels, Leela Venture, Indian Hotels gain on partial GST relief; CDSL IPO opens today

The GST Council raised the threshold for 18 percent tax to Rs 7,500 room tariff from Rs 5,000 on Sunday; Sensex gains 142 points, CDSL initial public offering (IPO) opens.

Jun 19, 2017

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India's gold imports more than double in five months; May trade deficit rises to $13.84 billion

Gold imports rose 131.7 percent to $18.49 billion between January and May this year as against $7.98 billion, YoY.

Jun 16, 2017

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Bhushan Steel crashes 10% after RBI identifies 12 defaulters for bankruptcy proceedings

Though the RBI did not name the 12 defaulters, there is speculation that Essar Steel, Bhushan Steel and Lanco are top NPA accounts.

Jun 14, 2017

ICICI Prudential Life, South Indian Bank, PNB Housing hit fresh 52-week highs

Select stocks are buzzing on the BSE, scaling new 52-week highs on Wednesday; these include ICICI Prudential Life, Bombay Burmah, PNB Housing Finance.

Jun 14, 2017

Wipro goes ex-bonus; Sensex, Nifty rally on positive inflation and factory output data

Retail inflation for May dropped to 2.18 percent while factory output (IIP) came in at 3.1 percent; Wipro goes ex-bonus from June 13 (due to 1:1 bonus ratio).

Jun 13, 2017

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Reliance General Insurance to be listed on bourses by FY18

Reliance General said its Board has approved a proposal to independently list the company-a subsidiary of Reliance Capital Ltd on the stock exchanges.

Jun 13, 2017

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Infosys gains, Wipro goes ex-bonus from Tuesday, Biocon up on lower GST rate on insulin

In a regulatory filing with the US SEC, Wipro had said Donald Trump's policies could affect its business; Infosys trading higher, Biocon up on GST Council reducing tax rate for insulin.

Jun 12, 2017

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Gold is cold: GST might tarnish profits of the jewellery sector, fear jewellers

Apex bullion dealers body India Bullion and Jewellers Association (IBJA) has said that the GST structure will block 87 per cent working capital to the industry.

Jun 11, 2017

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FTSE soars on sterling weakness, shock vote result hits house-builders

Sterling fell as much as 2.4 percent, providing a boost to the internationally-focused, exporter-heavy blue chip index.

Jun 9, 2017

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Infosys, Wipro investors bear the brunt of media speculation over stake sale, downgrade hits TCS

Share prices of Infosys and Wipro have dropped on account of stake sale rumours while TCS is down due to downgrade by Nomura.