Sensex zooms over 600 points amid global market rally

Building further on its initial strong gains, the Sensex at the Bombay stock Exchange had surged a massive 637 points, or 3.2 percent, to 20,600 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had shot up a huge 574 points, or 2.9 per cent, to 20,536, on strong buying inter...

Fed to keep stimulus in place; US stock markets hit record high

Stock markets in the United States have hit record high after the surprise decision of the world's most powerful central bank, the Federal Reserve, to leave its economic stimulus measures in place. The Bank said, it would continue to pump 85 billion dollars a month into the markets until th...

Sensex up 574 points; Rupee zooms to 61.80 vs Dollar in early trade

The Sensex at the Bombay Stock Exchange soared by 574 points to 20,536 in opening trade. National Stock Exchange's Nifty also gained by 184 points to 6,083.The rupee today zoomed by 158 paiseto trade at over one-month high of 61.80 against the dollar at the Interbank Foreign Exchange market...

US stock markets hit record on Fed decision to keep stimulus in place

Stock markets in the United States have hit record high after the surprise decision of the world's most powerful central bank, the Federal Reserve, to leave its economic stimulus measures in place. The Bank said, it would continue to pump 85 billion dollars a month into the markets until th...

Ratan Tata on board of trustees of Carnegie Endowment

Infosys launches Finacle 11 E banking solution in Dubai

Sensex gains 158 points to close at 19,962<br/>

Rising for the third straight session, the Sensex at the Bombay Stock Exchange gained 158 points, or 0.8 percent, to close at 19,962, today, ahead of the US Federal Reserve&apos;s decision on monthly bond purchases. The Nifty at the National Stock Exchange rose 49 points, or 0.8 percent, to 5,89...

Rupee strengthens 19 paise to 63.18 against Dollar

The rupee erased its initial losses today and was quoted higher by 19 paise to 63 rupees 18 paise per dollar on fresh selling of the US currency by banks and exporters on the back of its weakness overseas. The rupee earlier resumed lower at 63 rupees 45 paise per dollar as against the last closing l...

Sensex gains over 30 points in afternoon trade

Trimming some of its intital gains, the Sensex at the Bombay Stock Exchange stood 32 points, or 0.2 percent in positive territory at 19,836 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had gained 68 points, or 0.3 per cent, to 19,872 on mild buying interest in select blu...

FDI grows 12 per cent in July; highest in a month since April

Foreign Direct Investment into the country grew 12 per cent, year-on-year, to 1.7 billion dollars in July - the highest since April. According to data of the Department of Industrial Policy and Promotion, during the April-July 2013 period, FDI grew 20 per cent, to 7.1 billion dollars. The sectors th...