Business

February 22, 2013 1:39 PM

Sensex recovers from early losses; up 16 points in afternoon deals

Recovering from initial losses, the Sensex at the Bombay Stock Exchange stood 16 points, or 0.1 per cent in positive territory, at 19,342 in afternoon deals, a short while ago. Earlier in the morning, however, the Sensex had opened with a loss of 26 points, or 0.1 per cent, at 19,300, on continued s...

February 22, 2013 1:07 PM

RBI to conduct field trial of plastic currency in select Indian cities

The Reserve Bank of India will soon release a billion pieces of plastic notes of ten rupee denomination on a trial basis. Kochi, Mysore, Jaipur, Bhubaneswar and Shimla have initially been selectedfor the trial on the basis of their varied geographical locations andclimatic conditions. Minister of St...

February 22, 2013 12:13 PM

Sensex covers losses, up 10 points in noon trade

The BSE Sensex today covered initial losses and gained 10 points during the noon trading. The 30-share BSE benchmark index which lost over 25 points in early trade, covered the loss and was trading at 19334 with 10 points up during noon trading.Similarly, the wide-based the National Stock Exchange N...

February 22, 2013 10:05 AM

Rupee gains four paise to 54.43 against dollar

The rupee today gained four paise to54 rupees 43 paise against the dollar on the Interbank Foreign Exchange or Forex market in early trade. This follows fresh selling of the US currency by exporters.The local unit had closed lower by 40 paise to end at an over one-month low of 54.47 yesterday.

February 22, 2013 9:47 AM

Sensex loses over 25 points in early trade<br/>

The BSE Sensex today lost over 25 points in early trade, extending losses for the second straight session due to sustained selling by funds amid a weak trend in other Asian bourses.The 30-share BSE benchmark index, which had lost 317 points yesterday, fell to19,300 in the early trade.Similarly, the ...

February 22, 2013 9:42 AM

Oil rises in Asia trade on concerns about global economy

Oil prices climbed in Asian trade today following heavy losses in New York trade stoked by a rise in stockpiles and concerns about the global economy.New York&apos;s main contract, light sweet crude for delivery in April gained 37 cents to 93.21 dollars a barrel and Brent North Sea crude for del...

February 21, 2013 5:06 PM

Sensex down 317 pts to close at 19,325

Posting its biggest single day fall in nearly nine months, the Sensex at the Bombay Stock Exchange plunged 317 points, or 1.6 percent, to close at the year&apos;s lowest level of 19,325. The Nifty at the National Stock Exchange dropped 91 points, or 1.5 percent, to 5,852.The global markets also ...

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