Sensex gains 81 points in early trade

Snapping a two-session losing streak, the benchmark BSE Sensex today recovered by 81 points in early trade on fresh buying by funds and retail investors. The 30-share index, which had lost over 126 points in the previous two sessions, gained 81 points to 20,849, with realty, metal and oil and gas se...

SEBI disqualifies refinery from issuing equity shares as GDR fraud emerges

Market regulator Sebi has disqualified Cals Refineries from issuing equity shares and any other security for a further eight years, as the company was found guilty in a case involving irregularities in issuance of Global Depository Receipts (GDRs).An interim prohibitory order was imposed on the comp...

<br/>GOI announces sale of stocks

Road tax: Centre favours levy of minimum 6% of vehicle sale price

The government today favoured a levy of a minimum 6 per cent of the sale price of the vehicle as a lifetime tax by various states. These recommendations, discussed in today&apos;s meeting of the Transport Development Council, will be applicable from April 1, 2014. Levy for lifetime tax will be a...

RBI receives USD 10.1 bn under special concessional window<br/>

Reserve Bank today said it has received 10.1 billion US Dollars under two schemes which were announced last month to attract foreign funds. The central bank said in a statement that till date bank received USD 10.1 billion under the special concessional window for swapping Foreign Currency Non-Resid...

Sensex slips 97 points on profit booking

The Sensex at the Bombay Stock Exchange fell 97 points, or 0.5 percent, to close at 20,768, on profit booking by investors, amid weak global markets, today. The Nifty at the National Stock Exchange lost 24 points, or 0.4 percent, to 6,178. Stock markets in Japan, China, Hong Kong, South Korea and Si...

Sensex declines 221 points in afternoon trade

Failing to maintain its initial gains, the Sensex at the Bombay Stock Exchange had declined 221 points, or 1.1 percent, to 20,644 in afternoon trade, a short while ago. But earlier in morning trade, the Sensex had climbed 40 points, or 0.2 percent, to 20,905, on selective buying by funds. Stock mark...

Rupee quoted up 23 paise at 61.42 vs Dollar

The rupee trimmed its early gains against the US currency, but was still quoted up by 23 paise to 61.42 on bouts of dollar selling by banks and exporters on the back of weak greenback overseas. The rupee resumed sharply higher at 61.10 per dollar as against the last closing level of 61.65 at the Int...

Sensex trading down 180 points in afternoon trade

Losing initial gains, the Sensex was trading 180 points down at 20,685 points a shortwhile ago. The 30-share index rose over 40 points in early trade. The Sensex had shed 29 points in yesterday&apos;s volatile session.The wide-based National Stock Exchange index Nifty was also trading 56 points ...

Sensex trading down by 118 points

Losing its initial gains, the Sensex was trading 118 points down at 20,747 points a shortwhile ago. The 30-share index rose over 40 points in early trade. The Sensex had shed 29 points in yesterday&apos;s volatile session.Similarly, the wide-based National Stock Exchange index Nifty was also tra...