Markets

Loose Cigarettes replacing the hands of a clock

Cigarette Maker Shares Rise as Proposal to Ban Loose Sale 'Overturned'; ITC up 6%, Godfrey Phillips 10%

Union Health Ministry's proposal to ban sale of loose cigarettes is unlikely to receive inter-ministerial clearance, say sources; cigarette stocks up. Farmers associations lobby hard against the move.

Dec 4, 2014

Term Deposit Rates Cut By ICICI And HDFC

HDFC and ICICI cut term rates to 8.75% across tenures; base rate remains unchanged.

Dec 4, 2014

Blast Furnace in India at SAIL Plant - Representational Image

NDA Disinvestment Agenda Back on Track; SAIL Kicks off Process with 5% Stock Sale

The government disinvestment agenda picks up pace with the sale of 5% of shares in SAIL; ONGC, Coal India and Hindustan Zinc lined up.

Dec 4, 2014

BSE closes points 1.30 down on Dec 3

New Delhi, Dec 3 (ANI): Trading at the Bombay Stock Exchange today closed 1.30 points down to stand at 28,442.71. At the National Stock Exchange the Nifty closed 12.95 points up to stand at 8,537.65. ESSAR OIL and SUN TV were among the top gainers of Group A with an increase of 20.00% and 13.73% along with FSL and SUZLON with an increase of 11.16% and 9.95% respectively, while the top losers of Group A include CEAT LTD and SAIL with a decrease of 5.62% and 5.06% along with KAILASH and RASOYA PROTEINS LTD. with a decrease of 4.98% and 4.36% at the close of the markets. The Auto sector is up 256.64 points at 19,338.75 while the banking sector is up 91.30 points at 21,339.82 and the reality sector is up 22.02 points at 1,696.05. The Indian currency is down 0.02% at Rs 61.87 per dollar.

Dec 3, 2014

The Plaza, New York, partly owned by the Sahara Group

Supreme Court Permits Sahara To Sell Properties Valued At ₹ 2,700 crore

Supreme Court grants permission to Sahara for sale of four domestic properties; Sahara to provide details to the court about the '$650mn junior loan'

Dec 3, 2014

Gold Rises About 4%: Biggest One-Day Gain Since 2013

Gold clocks above $1,200 for the first time since October with Japan sovereign downgrade and import relaxations in India.

Dec 2, 2014

BSE closes points 115.61 down on Dec 2

New Delhi, Dec 2 (ANI): Trading at the Bombay Stock Exchange today closed 115.61 points down to stand at 28,444.01. At the National Stock Exchange the Nifty closed 31.20 points down to stand at 8,524.70. BEL and WOCKPHARMA were among the top gainers of Group A with an increase of 10.36% and 9.88% along with SPARC and RAYMOND with an increase of 9.61% and 8.98% respectively, while the top losers of Group A include KAILASH and INFRATEL with a decrease of 4.97% and 4.87% along with SREI INFRASTRUCTURE FINANCE LTD and BALRAMPUR CHINI MILLS LTD with a decrease of 4.46% and 4.22% at the close of the markets. The Auto sector is down 198.55 points at 19,082.11 while the banking sector is up 26.23 points at 21,248.52 and the reality sector is up 1.45 points at 1,674.03. The Indian currency is up 0.23% at Rs 61.88 per dollar.

Dec 2, 2014

India Hikes Excise Duties on Petrol By ₹2.25, Diesel By ₹1

The excise duties on petrol and diesel have been hiked to boost government revenues from slipping global crude oil prices.

Dec 2, 2014

RBI Maintains Key Rates and Hints at Rate Cut in 2015; Growth Pegged at 5.5%

RBI leaves policy rates unchanged but hints at rate cut in 2015; Sensex down 0.60%

Dec 2, 2014

Cyber Monday May Have Lost Its Sheen With Pre and Post Black Friday Deals

Black Friday and Cyber Monday are losing their sheen with several deals being announced before and continuing even after the shopping sale events.

Nov 29, 2014

BSE closes points 255.08 up on Nov 28

New Delhi, Nov 28 (ANI): Trading at the Bombay Stock Exchange today closed 255.08 points up to stand at 28,693.99. At the National Stock Exchange the Nifty closed 94.05 points up to stand at 8,494.20. JETAIRWAYS and HINDUSTAN PETROLEUM CORPORATION LTD were among the top gainers of Group A with an increase of 19.99% and 8.93% along with PNB and CANARA BANK with an increase of 7.92% and 7.67% respectively, while the top losers of Group A include FRL and CONTAINER CORPORATION OF INDIA LTD with a decrease of 7.19% and 7.15% along with ABAN OFFSHORE LTD and KAILASH with a decrease of 4.96% and 4.91% at the close of the markets. The Auto sector is up 367.76 points at 19,220.05 while the banking sector is up 591.38 points at 21,212.07 and the reality sector is up 27.38 points at 1,683.06. The Indian currency is down 0.23% at Rs 62.02 per dollar.

Nov 28, 2014