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May 15, 2013 6:26 PM

Sensex up 491 pts to close at 20,213

The Sensex at the Bombay Stock Exchange shot up a massive 491 points, or 2.5 percent, to close at a 28-month high of 20,213, today, after the Reserve Bank said that the low inflation numbers will be taken into account in its next monetary policy review. The Nifty at the National Stock Exchange spurt...

May 15, 2013 6:25 PM

Sensex up 491 pts to close at 20,213

The Sensex at the Bombay Stock Exchange shot up a massive 491 points, or 2.5 percent, to close at a 27-month high of 20,213, today, after the Reserve Bank said that the low inflation numbers will be taken into account in its next monetary policy review. The Nifty at the National Stock Exchange spurt...

May 15, 2013 2:02 PM

France slips into recession

The French economy has entered recession after shrinking by 0.2 percent in the first quarter of the year. The country's economy shrank by the same amount in the last quarter of 2012. France has record unemployment and low business and consumer confidence. Earlier this month, the European Co...

May 15, 2013 2:01 PM

Sensex gains over 400 points to cross the 20K mark again

Building on early gains, the Sensex at the Bombay Stock Exchange shot up a massive 412 points, or 2.1 percent, to again cross the 20,000 mark, at 20,135 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had opened with a gain of 158 points, or 0.8 per cent, at 19,880, on cont...

May 15, 2013 1:00 PM

Sensex rises over 390 points to cross the 20K mark again

The Sensex at the Bombay Stock Exchange rose by 396 points to 20,118 in afternoon deals today. Earlier it was up by 158 points in the morning trade.In a similar fashion, the Nifty at the National Stock Exchange gained 122 points to 6,118 points.

May 15, 2013 12:49 PM

Sensex gains over 400 points in late morning deals

The Sensex at the Bombay Stock Exchange rose by 409 points to 20,129 in late mornings deals today. Earlier it was up by 158 points in the morning trade. In a similar fashion, the Nifty at the National Stock Exchange gained 125 points to 6,121 points level by surging 41 points, or 0.69 per cent, to 6...

May 15, 2013 11:52 AM

Rupee recovers 12 paise to 54.69 in late morning deals

The rupee today recovered by 12 paise to 54.69 against the dollar in late morning deals on selling of the US currency by exporters and banks, amidpersistent capital inflows by foreign funds. The rupee resumed weak at 54.86 per dollar as against yesterday's closing level of 54.81 per dollar ...

May 15, 2013 11:28 AM

Oil rebounds in Asia trade after upbeat US data

Oil rebounded from recent falls in Asian trade today after upbeat US data boosted confidence in the world's largest economy, analysts said. New York's main contract, light sweet crude for delivery in June gained 14 cents to 94.35 dollar a barrel and Brent North Sea crude for June d...

May 15, 2013 11:26 AM

Obama calls tax agency targeting of conservative groups intolerable

US President Barack Obama has said the federal tax agency's targeting of conservative groups for extra scrutiny was intolerable and inexcusable. He said those responsible for the Internal Revenue Service's (IRS) actions would be held responsible. Mr Obama spoke after a treasury dep...

May 15, 2013 10:40 AM

Rupee gains five paise to 54.76 against dollar

The rupee rose by five paise to 54 rupees 76 paise against the dollar in early trade today, on selling of the US currency by exporters. The domestic currency had lost eight paise to close at an over 1-month low of 54 rupees 81 paise in yesterday's trade.

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