Sensex recovers; up 41 points in late morning trade

Recovering losses of the morning session, the Sensex at the Bombay Stock Exchange was up by 41 points during late morning deals.The 30-share barometer which was down 60 points in early trade,recovered losses and was trading in the green at 18,722 when reports last came in.Similarly, the Nifty at the...

Oil falls in Asia trade on fears of Cyprus bailout signalling similar action on fragile banks

Oil prices fell in Asian trade today after comments from a top eurozone official sparked fears that a bailout deal for Cyprus will set a precedent forother bank rescues in the troubled region.New York's main contract, light sweet crude for delivery in May dropped nine cents to 94.72 dollars...

Rupee weakens by 17 paise to 54.34 against dollar

The rupee weakened by 17 paise to 54 rupees 34 paise against the dollar in early trade today, due to month-end demand for the American currency from importers. In the previous session, the domestic currency had gained 16 paise to close at one-week high of 54 rupees 17 paise.

Sensex falls by 60 points in early trade

Extending losses for the eighth straight session, the Sensex at the Bombay Stock Exchange fell by 60 points in early trade today. The fall was attributed to sustained selling by investors, on worries over domestic political stability and a weakening trend in global markets. The 30-share barometer ha...

Competition Commission of India nominated for global award<br/>

Telcos can face Rs10 lakh fine for false info in ATRs regarding metering & billing: TRAI

Telecom operators could face penalty of up to 10 lakh rupees for submitting false and incomplete information in the action taken report regarding metering and billing system, Telecom Regulatory Authority of India (TRAI) said today.The regulator Trai today issued Quality of Service (Code of Practice ...

Cyprus banks to remain closed to streamline banking systems after bailout

All Cypriot banks will remain closed until Thursday. Earlier, the Cyprus authorities said all but the biggest two banks would open on Tuesday. The central bank now says all will remain closed to ensure the whole banking system functions smoothly.President Nicos Anastasiades has said very temporary r...

Sensex down by 54 points

Posting its seventh straight day of losses, the Sensex at the Bombay Stock Exchange fell 54 points, or 0.3 percent, to close at a fresh four-month low of 18,681, on Monday, as investors booked profits ahead of the monthly expiry of the derivatives contracts. The Sensex has now lost almost 890 points...

Sensex up 120 pts in noon trade

The Sensex at the Bombay Stock Exchange gained 148 points, or 0.8 per cent, to 18,884 in opening trade, this morning, on fresh buying by funds at existing lower levels, amid rising Asian markets. Later, the Sensex remained largely steady and stood 120 points, or 0.6 per cent in the green, at 18,856 ...

Sensex up 125 pts in noon trade

Snapping its losing streak of the last ten days, the BSE benchmark Sensex recovered by 125 points to 18860 in late morning trade today on fresh buying in realty, PSU, refinery, power, consumer durable and banking sectors amid higher Asian cues. The 30 share index had earlier resumed higher at 18,894...