Markets

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

BSE closes points 324.86 up on July 2

New Delhi, July 02 (ANI): Trading at the Bombay Stock Exchange today closed 324.86 points up to stand at 25,841.21. At the National Stock Exchange the Nifty closed 90.45 points up to stand at 7,725.15. Adani Ports and Castrol India were among the top gainers of Group A with an increase of 10.65% and 9.18% along with TTK Prestige and MCX with an increase of 8.59% and 7.85% respectively, while the top losers of Group A include Gujarat State Petronet Ltd. and GMR Infra with a decrease of 3.83% and 2.90% along with Berger Paints and ING Vysya Bank with a decrease of 2.68% and 1.84% at the close of the markets. The Auto sector is up 216.78 points at 15,955.31 while the banking sector is up 185.92 points at 17,744.63 and the realty sector is up 8.20 points at 2,106.77. The Indian currency is up 0.70% at Rs 59.65 per dollar.

Jul 2, 2014

Rupee Gains, Market Records High on Finance Minister's Optimism

The Indian stock market on Wednesday opened on bullish note, following Finance Minister Arun Jaitley inaugurated digital banks across the nation on Tuesday. The stocks of banking sector plunged higher, but BSE Information Technology stocks declined during trading hours.

Jul 2, 2014

BSE closes points 102.57 up on July 1

New Delhi, July 01 (ANI): Trading at the Bombay Stock Exchange today closed 102.57 points up to stand at 25,516.35. At the National Stock Exchange the Nifty closed 23.35 points up to stand at 7,634.70. Gujarat State Petronet Ltd. and Bajaj Holdings were among the top gainers of Group A with an increase of 9.01% and 8.94% along with Hindalco Industries Ltd. and Maruti Suzuki with an increase of 6.76% and 6.01% respectively, while the top losers of Group A include CESC and CRISIL with a decrease of 2.87% and 2.60% along with Union Bank and Allahabad Bank with a decrease of 2.45% and 2.38% at the close of the markets. The Auto sector is up 493.63 points at 15,742.92 while the banking sector is up 83.63 points at 17,558.71 and the realty sector is up 21.44 points at 2,098.57. The Indian currency is down 0.13% at Rs 60.09 per dollar.

Jul 1, 2014

Indian Rupee, Market Open High; Oil prices Hiked

The BSE-Sensex rose 0.44 percent, while the NSE Nifty gained 0.31 percent on Tuesday.

Jul 1, 2014

BSE closes points 313.86 up on June 30

New Delhi, June 30 (ANI): Trading at the Bombay Stock Exchange today closed 313.86 points up to stand at 25,413.78. At the National Stock Exchange the Nifty closed 102.55 points up to stand at 7,611.35. Syndicate Bank and Allahabad Bank were among the top gainers of Group A with an increase of 11.85% and 8.91% along with CESC and JPPOWER with an increase of 8.69% and 8.62% respectively, while the top losers of Group A include United Spirits and Sobha Developers Ltd. with a decrease of 4.21% and 2.82% along with Bharti Infratel and TV18 Broadcast with a decrease of 2.72% and 2.25% at the close of the markets. The Auto sector is up 41.27 points at 15,239.54 while the banking sector is up 293.34 points at 17,475.08 and the realty sector is up 21.56 points at 2,077.13. The Indian currency is up 0.01% at Rs 60.09 per dollar.

Jun 30, 2014

Hamid Ansari shaking hands with China's Vice President Li Yuanchao

Chinese Investment in India, May Revive Country's Economy

Three key MoUs signed between India and China, setting up Chinese industrial parks in India.

Jun 30, 2014

an-employee-walks-out-of-the-bombay-stock-exchange-bse-building-in-mumbai-august-22-2013

Indian Stocks Bullish during Early Trade; Rupee Weakens

All Indian stock indices bullished during early trade, but rupee fell flat at 60.03 per dollar on Monday. The BSE index rose one percent, while the Nifty index gained 0.99 percent during early trade on Monday, following the gains in Asian markets.

Jun 30, 2014

Online Jewellers Set to Expand Abroad Markets

E-jewellery retailers are planning to increase their presence and demand in the international market.

Jun 29, 2014

IndiGo Likely to Expand Capacity, Plans IPO of $400 Million

While other airline brands are cautious keeping in view the losses they faced last year, IndiGo, a low-cost carrier is expected to increase its capacity in this fiscal year.

Jun 28, 2014

Ranbaxy to Make Generic Diovan Drug in US

Ranbaxy Laboratories Ltd has received the nod to launch a cheaper version of Novartis AG's blood pressure and heart attack treatment pill Diovan, from US Food and Drug Administration (FDA), amid acquisition process by Sunpharma for $4 billion.

Jun 27, 2014

Japan's Sumitomo Mitsui Set to Invest ₹2,400 Crore in Reliance Capital

Japan's Sumitomo Mitsui is buying a 10 percent stake in the Anil Ambani-owned company.

Jun 27, 2014

BSE closes points 37.25 up on June 27

New Delhi, June 27 (ANI): Trading at the Bombay Stock Exchange today closed 37.25 points up to stand at 25,099.92. At the National Stock Exchange the Nifty closed 15.60 points up to stand at 7,508.80. Havells India and HDIL were among the top gainers of Group A with an increase of 6.21% and 6.09% along with Divis Lab and Future Retail with an increase of 5.99% and 5.78% respectively, while the top losers of Group A include Indian Hotels and Ashok Leyland with a decrease of 4.83% and 4.62% along with Bharat Electronics Ltd. and National Aluminium Co.Ltd. with a decrease of 3.98% and 3.75% at the close of the markets. The Auto sector is down 82.08 points at 15,198.27 while the banking sector is down 79.98 points at 17,181.74 and the realty sector is up 16.26 points at 2,055.57.The Indian currency is down 0.07% at Rs 60.10 per dollar.

Jun 27, 2014