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Nifty crosses 6100 point level after a gap of 2 years

January 22, 2013 12:33 PM

Nifty crosses 6100 point level after a gap of 2 years

The National Stock Exchange's index Nifty today breached 6,100 level after two years on the back of steady capital inflows amid strong corporate earnings. The wide-based Nifty rose by 19 points, to trade at 6,101 points, a level not seen since January, 2011. However, profit booking emerged ...

Import duty on gold & platinum hiked

January 22, 2013 12:11 PM

Import duty on gold & platinum hiked

The government has increased the import duty on gold and platinum from 4 per cent to 6 per cent with immediate effect. Breifing newsmen in New Delhi, Economic Affairs Secretary, Arvind Mayaram said, the decision is aimed to rein in spending on gold and reduce government's import bill. Gold ...

Rupee opens stronger against dollar on back of gold import duty hike

January 22, 2013 11:42 AM

Rupee opens stronger against dollar on back of gold import duty hike

The rupee today opened stronger, at a near three-month high against the US dollar after the government raised import duty on gold to cut deficit. The rupee today rose to 53 rupees 45 paise against the yesterday close of 53 rupees 77 paise. Gold import-related dollar buying is an important source of ...

Oil mixed in Asian trade

January 22, 2013 10:18 AM

Oil mixed in Asian trade

Oil prices were mixed in Asian trade today with weaker crude demand capping gains. New York's main contract, light sweet crude for deliveryin February, was down six cents to 95.50 US Dollars a barrel while Brent North Sea crude for March delivery gained 19 cents to 111.90 US Dollars.

Sensex gains 25pts; at two-year high of 20,129 pts<br/>

January 22, 2013 9:58 AM

Sensex gains 25pts; at two-year high of 20,129 pts<br/>

The Sensex at the Bombay Stock Exchange rose by 25 points in early trade today, touching a new two-year high of 20,129 points. The rise was on sustained buying by funds, on strong third quarter earnings posted by corporates, amid a firming trend in the Asian region. The 30-share index had gained nea...

Rupee down 14 paise against dollar in late morning trade

January 22, 2013 9:47 AM

Rupee down 14 paise against dollar in late morning trade

Erasing initial gains, the rupee on Monday lost 14 paise against the dollar in the late morning trade due to fresh demand for the US currency from banks and importers amid strong global cues. The rupee resumed slightly lower at 53 rupees 72 paise per dollar as against the last weekend&apos;s lev...

Sensex gains 63 points

January 22, 2013 9:47 AM

Sensex gains 63 points

Extending its gains for the third straight day, the Sensex at the Bombay Stock Exchange climbed 63 points, or 0.3 percent, to close at a fresh two-year high of 20,102, on Monday, amid some strong corporate results, and positive European markets. The Nifty at the National Stock Exchange rose 18 point...

Sensex gains 63 points

January 21, 2013 5:19 PM

Sensex gains 63 points

Extending its gains for the third straight day, the Sensex at the Bombay Stock Exchange climbed 63 points, or 0.3 percent, to close at a fresh two-year high of 20,102, today, amid some strong corporate results, and positive European markets. The Nifty at the National Stock Exchange rose 18 points, o...

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