Business

August 30, 2013 1:55 PM

Sensex rules flat in afternoon trade

Recovering from initial losses, the Sensex at the Bombay Stock Exchange stood a modest 17 points, or 0.1 percent in positive territory, at 18,418 in volatile trade, a short while ago.Earlier in the morning, the Sensex had fallen 72 points, or 0.4 percent, to 18,329, on selling by funds, and profit-b...

August 30, 2013 1:28 PM

Sensex gains 50 points in late afternoon trade

The Sensex at the Bombay Stock Exchange today gained 50 points to 18,451 in late afternoon trade a short while ago on fresh buying mainly in realty, IT, tech, healthcare and consumer durable sectors on the back of higher global cues. Earlier, the 30 share Barometer gained 194 points.The Nifty, at th...

August 30, 2013 12:59 PM

Lanka Prez to launch IRCON-rebuilt Colombo-Killinochchi rail link

Train services between Sri Lankan capital Colombo and former LTTE stronghold of Kilinochchi will resume on the 14th of next month with President Mahinda Rajapaksa launching the service. The rail line has been reconstructed by the India Railways subsidiary company, IRCON, with full financial assistan...

August 30, 2013 12:38 PM

B'desh to get 250MW uninterrupted power supply from India by Oct

Bangladesh will get 250 MW uninterupted power supply from India by first week of October. Bangladesh Government has already given sovereign guarantee for 25 years power purchase to NTPC. An electrical grid interconnection between Beheramara in Bangladesh and Baharampur in West Bengal to transfer pow...

August 30, 2013 12:22 PM

Rupee trims early losses; but quoting down 32p at 66.87 vs Dollar

The rupee trimmed its early losses, but was still quoted down by 32 paise to 66.87 rupees per dollar in late morning trade today on month-end demand for the US currency from banks and importers. The rupee resumed lower at 67 rupees per dollar as against the last closing level of 66.55 rupees and dro...

August 30, 2013 12:16 PM

Sensex gains 194 points in late morning trade

After recovering from its initial losses, the Sensex at the Bombay Stock Exchange gained 194 points to 18,595 in late morning trade today on fresh buying mainly in realty, IT, tech, healthcare and consumer durable sectors on the back of higher global cues. Earlier, the 30 share Barometer lost 72 poi...

August 30, 2013 10:46 AM

Sensex loses 72 points on fresh selling by funds & retail investors

The BSE benchmark Sensex fell 72 points to 18,329 in early trade today on fresh selling by funds and retail investors. On similar lines, the wide-based National Stock Exchangeindex Nifty declined by 23 points to 5,386. Brokers said, selling by funds and profit-booking byspeculators ahead the GDP dat...

August 30, 2013 10:45 AM

Rupee weakens by 75 paise to 67.30 against Dollar

The rupee fell by 75 paise to 67.30 against the dollar in early trade today, after yesterday's strong recovery, at the Interbank Foreign Exchange market on month-end dollar demand from importers amid strengthening of the US currency overseas.Forex dealers said besides dollar gaining against...

August 30, 2013 10:11 AM

Sensex surges 405 points to close above 18K

The Sensex at the Bombay Stock Exchange surged 405 points, or 2.3 percent, to close well above the 18,000-mark, at 18,401, yesterday, as the rupee strengthened against the dollar, and as global markets gained ground. The Nifty at the National Stock Exchange spurted 124 points, or 2.4 percent, to 5,4...

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