Markets

BSE Opens higher but Closes Red; Nifty Records 2-week Closing Low

the Indian rupee ended steady at 59.75 a dollar versus its previous closing at 59.78 a dollar on Tuesday.

Jul 9, 2014

BSE closes points 137.30 down on July 9

New Delhi, July 09 (ANI): Trading at the Bombay Stock Exchange today closed 137.30 points down to stand at 25,444.81. At the National Stock Exchange the Nifty closed 38.20 points down to stand at 7,585.00. Indian Oil Corporation and Adani Ports were among the top gainers of Group A with an increase of 3.35% and 2.67% along with HPCL and TITAN with an increase of 2.38% and 2.18% respectively, while the top losers of Group A include Bharat Electronics Ltd. and Apollo Tyres with a decrease of 7.81% and 7.67% along with Aurobindo Pharma and Ashok Leyland with a decrease of 6.93% and 6.11% at the close of the markets. The Auto sector is down 385.13 points at 15,452.99 while the banking sector is down 86.16 points at 17,108.97 and the realty sector is down 31.04 points at 1,914.69. The Indian currency is 0.08% down at Rs 59.73 per dollar.

Jul 9, 2014

Indian Stocks Record Biggest Single-Day Fall Since September 2013; Majority of Rail Stocks Plunge

BSE and NSE indices recorded their biggest single day fall in over 10 months.

Jul 8, 2014

BSE closes points 517.97 down on July 8

New Delhi, July 08 (ANI): Trading at the Bombay Stock Exchange today closed 517.97 points down to stand at 25,582.11. At the National Stock Exchange the Nifty closed 163.95 points down to stand at 7,623.20. MCX and Berger Paints were among the top gainers of Group A with an increase of 4.36% and 2.66% along with Bajaj Holdings and Cadila Health with an increase of 2.34% and 1.63% respectively, while the top losers of Group A include Unitech and Jaiprakash Associates Ltd. with a decrease of 12.54% and 9.82% along with IFCI and MMTC with a decrease of 9.47% and 9.30% at the close of the markets. The Auto sector is down 367.98 points at 15,838.12 while the banking sector is down 413.67 points at 17,195.13 and the realty sector is down 150.04 points at 1,945.73. The Indian currency is 0.28% down at Rs 59.84 per dollar.

Jul 8, 2014

A man looks at a screen across the road displaying the election results on the facade of the BSE building in Mumbai

Market Falls After Heavy FII Sales, Rail Stocks Plunge on Budget Day

Indian stock indices on Tuesday traded lower after surging during early trade on Railway budget presentation day.

Jul 8, 2014

BSE closes points 138.02 up on July 7

New Delhi, July 07 (ANI): Trading at the Bombay Stock Exchange today closed 138.02 points up to stand at 26,100.08. At the National Stock Exchange the Nifty closed 35.55 points up to stand at 7,787.15. IDFC and Container Corporation Of India Ltd. were among the top gainers of Group A with an increase of 6.23% and 6.13% along with Neyveli Lignite and Cadila Health with an increase of 5.71% and 5.58% respectively, while the top losers of Group A include HDIL and BAJFINANCE with a decrease of 3.78% and 3.00% along with HPCL and JSW Steel with a decrease of 2.97% and 2.97% at the close of the markets. The Auto sector is up 110.33 points at 16,206.10 while the banking sector is down 215.73 points at 17,608.80 and the realty sector is down 3.03 points at 2,095.77. The Indian currency is up 0.44% at Rs 59.98 per dollar.

Jul 7, 2014

Nifty Hits all Time High Ahead of Budget, Sensex Opens Higher with Surge in IT Stocks

At 10:30 am on Monday BSE Sensex and NSE Nifty surged by 0.44 percent and 0.25 respectively ahead of budget.

Jul 7, 2014

BSE closes points 138.31 up on July 4

New Delhi, July 04 (ANI): Trading at the Bombay Stock Exchange today closed 138.31 points up to stand at 25,962.06. At the National Stock Exchange the Nifty closed 36.80 points up to stand at 7,751.60. Prestige Estates and Bajaj Finance Limited were among the top gainers of Group A with an increase of 9.04% and 7.04% along with CESC and Videocon Industries Ltd. with an increase of 5.47% and 5.05% respectively, while the top losers of Group A include Bajaj Holdings and ACC with a decrease of 3.29% and 2.67% along with Wockhardt and ABB India Ltd. with a decrease of 2.59% and 2.43% at the close of the markets. The Auto sector is up 9.06 points at 16,102.35 while the banking sector is up 122.71 points at 17,817.95 and the realty sector is up 19.13 points at 2,095.03. The Indian currency is up 0.01% at Rs 59.73 per dollar.

Jul 4, 2014

BSE Breaches 25.8k Mark; Metals, Goods, Auto and Power Stocks Fall

India's Sensex on Friday gained 0.14 percent while the Nifty rose up 0.13 percent ahead of budget on July 10. BSE Metal, Capital Goods, Auto and Power dipped by 135 points, 124 points, 13.22 points and 5.03 points respectively at 2:50 pm.

Jul 4, 2014

India Sixth Largest Market of Coca-Cola, Targets to be Top 5 by 2020

Coca-Cola India has moved from its 19th position globally in 2006 to sixth position by volume sales at present.

Jul 4, 2014

Rupee Gains 0.1% in Early Hours but Falls to Thursday's Closing Later

The Indian currency gained 9 paise during early trade at 59.64 per dollar, but it regained its Thursday's closing price of around 59.73 a dollar at 10:30 am on Friday.

Jul 4, 2014

Rupee Weakens, Shares Fall after Touching Record High amid BSE Network Outage

The Indian markets settled lower on Thursday after opening on a record high.

Jul 3, 2014

BSE CEO on Bombay Stock Exchange halting trading due to network outage

Mumbai, July 3 (ANI): Bombay Stock Exchange (BSE) halted trading on Thursday morning across all of its markets, including shares, currencies and indexes due to a network outage. Speaking on the cause of the outage, its CEO and MD, Ashish Kumar Chauhan said that its technology partners are in the process of analyzing the root cause of the glitch.

Jul 3, 2014

Sensex Surges, Nifty Declines as BSE Resumes Trading after Halt

While the index was recorded 25844.83 points at 1:07 pm, which surged by 3.62 points and 0.01 percent after resumption, it plunged by 3.30 points at 25837.91 points at 1:10 pm. Nifty too fell by 7.20 points at 7717.95 points.

Jul 3, 2014

Bombay Stock Exchange halts trading due to network outage

Mumbai, July 3 (ANI): Bombay Stock Exchange (BSE) halted trading on Thursday morning across all of its markets, including shares, currencies and indexes due to a network outage. Reportedly, all orders placed before the network outage would be cancelled. The exchange operator network service vendor HCL Technologies Ltd was working to resolve the issue. Stock Market Expert, Sunil Shah, said that the authorities are addressing the problem and have assured that trading will start soon.

Jul 3, 2014