Oil prices low in Asian trade

Oil prices in Asia were lower in quiet Christmas eve trade today with traders discouraged by a political stalemate in the US over a deal to avert the fiscal cliff. New York's main contract, light sweet crude for delivery in February shed 16 cents to 88.50 dollar and Brent North Sea crude fo...

Sensex up by 44 pts

The Indian benchmark BSE-30 share index-the Sensex- firmed up by 44 points, or 0.23 per cent, to 19, 286 in late morning deals. Earlier the Sensex had recovered by nearly 106 points to around 19,348 in early trade as stocks led by IT and consumer durable sectors rallied on fresh buying by funds and ...

Rupee drops 7 paise

The Rupee dropped by seven paise to 55.13 against the American currency in late morning trade today on mild dollar demand from banks and importers amid its higher value overseas.Persistent dollar demand from banks and importers in view of its higher value in overseas market mainly affected the rupee...

Rupee down 11 paise

The rupee today lost 11 paise to 55.17 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the American currency against the Euro and other rivals overseas. The rupee had closed 21 paise lower at 55.06 a dollar on Friday.

Sensex recovers by nearly 106 pts

The BSE benchmark Sensex today recovered by nearly 106 points in early trade as stocks led by IT and consumer durable sectors rallied on fresh buying by funds and retailers amid a firming trend in the Asian region.The 30-share barometer rose by nearly 106 points, to around 19,348.Similarly, the wide...

Forex reserves rises by $ 1.637 bn to $ 296.63 bn

The foreign exchange reserves rose by a robust 1.637 billion dollars to touch 296.63 billion mark during the week ended December the 14th.According to the Reserve Bank's weekly statistical supplement, the gold reserves remained unchanged at 27.803 billion dollars during the week.

FSA between power producers and CIL to be singned with in a month

The Coal Minster Sriprakash Jaiswal on Friday said that Fuel Supply Agreement - FSA between power producers and Coal India Limited-CIL will be signed within a month to resolve the issues of coal supply to the power companies. A meeting between the Coal Minister and Power Minister was held in New Del...

Sensex plunges 212 pts

The Sensex at the Bombay Stock Exchange plunged 212 points, or 1.1 per cent, to close at 19,242, today, on profit-booking by investors, ahead of the ending of the calendar year, amid weak Asian and European markets.The Nifty at the National Stock Exchange lost 69 points, or 1.2 percent, to 5,848.Sto...

Vedanta among those indicted in BALCO chimney collapse

Sensex drops more than 140pts in noon trade

The Sensex at the Bombay Stock Exchange fell 116 points, or 0.6 per cent, to 19,338 in early trade, today, on fresh selling by investors, amid negative Asian bourses. Later, the Sensex remained weak, and stood 142 points, or 0.7 percent in the red, at 19,312 in afternoon deals, a short while ago.Oth...