Markets

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ITC flares up on cess cap news; Music Broadcast sheds gains after listing

Shares of cigarette maker ITC flare up on BSE after the GST Council capped cess at 290 percent; Music Broadcast loses steam after listing while IT stocks gain.

Mar 17, 2017

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Snap shares drop 4 percent, fall below $20 for the first time

Snap, the company that owns photo-sharing mobile app Snapchat, this month pulled off the hottest technology offering in three years, but after two days of gains its stock has steadily retreated.

Mar 17, 2017

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MRF, Bombay Dyeing, Titan, ICICI Prudential Life hit new 52-week high; Idea Cellular gains 10% on tower business sale buzz

Though the Sensex ended with losses on Wednesday, select stocks such as MRF, Adani Enterprises,Titan, ICICI Prudential Life, Bombay Dyeing gained.

Mar 15, 2017

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Rising rupee hits Infosys, TCS, HCL Tech, Wipro, Tech Mahindra; Sensex closes with losses

The Indian rupee closed at a one-year high of 65.82 to the US dollar on Tuesday; a strong rupee affects IT companies since dollar revenues are high for them.

Mar 15, 2017

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Stocks mutual funds bought and sold in February

A look at stocks that mutual funds (MFs) traded heavily in February would give an indication on future trends for retail investors.

Mar 15, 2017

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Holi rally brings Sensex closer to all-time high; index gains 496 points

The all-time high for BSE Sensex is 30,024; the index gained 496 points on Tuesday to end at 29,442; Sun Pharma, ICICI Bank top gainers.

Mar 14, 2017

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Stock markets likely to cheer BJP's victory in Uttar Pradesh

After BJP's electoral success in Uttar Pradesh and Holi celebrations on Monday, stock markets are likely to open with a bang on Tuesday.

Mar 11, 2017

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Gold falls Rs 1,250 in 6 days, closes at Rs 28,850

On Friday, gold prices decline Rs 400 tracking global cues while the metal fell below $1,200 per ounce ahead of US jobs data.

Mar 10, 2017

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Oil goes below $50 a barrel as US stocks build

The fall in crude oil prices comes despite some of output cut efforts from the Organisation of the Petroleum Exporting Countries.

Mar 10, 2017

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Stock markets to remain closed next Monday for Holi

Monday would have been a volatile day tracking election results for Uttar Pradesh and other states.

Mar 10, 2017

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Domestic car sales rose 5% in February; Sensex sheds 100 points after bullish opening

Exit polls expect the BJP to do well in Uttar Pradesh lifting stock markets on Friday; domestic car sales were upbeat in February.

Mar 10, 2017

Statue of young girl stares down Wall Street bull

As many American women prepare to draw attention to their role in the workplace, a Wall Street firm on Tuesday (7 March) put up a statue of a girl in front of Lower Manhattans well-known bronze charging bull, as if to fearlessly stare it down.Placing the diminutive, grade school-aged girl in front of the massive bull on the eve of International Womens Day was a way of calling attention to the lack of gender diversity on corporate boards and the pay gap of women working in financial services, a spokeswoman for State Street Global Advisors said.

Mar 9, 2017