Business

October 31, 2012 10:49 AM

Sensex surges 43 pts in early trade<br/>

After yesterday&apos;s steep losses, the Sensex at the Bombay Stock Exchange rose by 43 points in early trade today, led by recovery in stocks of consumer durables and healthcare sectors, on emergence of buying by funds amid a firming trend in Asian region.The Nifty at the National Stock Exchang...

October 30, 2012 1:32 PM

Sensex stands 195 points down at 18,441 in afternoon trade

Giving up all its initial gains, the Sensex at the Bombay Stock Exchange stood 195 points, or 1.1 percent in the negative zone, at 18,441, in afternoon trade, a short while ago, after the Reserve Bank of India kept key policy interest rates unchanged. Earlier in the morning, however, the Sensex had ...

October 30, 2012 12:50 PM

Sensex falls 204 points following RBI's monetary policy review

The Sensex at the Bombay Stock Exchange failed to retain initial gians and fell 204 points in the late morning trade following RBI&apos;s monetary policy review. The 30 share barometer which had gained 14 points in early trade today, declined by 204 points to a low of 18,432 when reports last ca...

October 30, 2012 10:46 AM

Oil extends losses as storm lashes US east coast

Oil extended losses in Asian trade today as mega-storm Sandy tore through the eastern coast of the United States and forced the shutdown of refineries, roads and airports. New York&apos;s main contract, West Texas Intermediate (WTI) light sweet crude for delivery in December, was down 28 cents t...

October 30, 2012 10:46 AM

Rupee rises by 13 paise to 53.95 against dollar in early trade<br/>

The rupee rose by 13 paise to 53.95 against the US dollar in early trade today at the Interbank Foreign Exchange on dollar selling by exporters and banks. The rupee had lost 52 paise to close at 54.08 against the dollar yesterday on heavy month-end dollar demand from importers and corporates.

October 30, 2012 10:46 AM

Sensex up by 13.53 points to 18,649.35 in early trade

Ahead of the RBI&apos;s monetary policy review, the BSE benchmark Sensex edged up by 13.53 points to 18,649.35 in early trade today on selective buying by participants amid hopes of a rate cut. The 30-share barometer had gained 10.48 points in the previous session.Similarly, the wide-based Natio...

October 29, 2012 8:54 PM

RBI Survey lowers GDP growth projection to 5.7% from 6.5% for current fiscal

Indicating that a cut in interest rate is likely, the Reserve Bank has said despite high inflation it would take steps to support growth in the half- yearly review of monetary policy tomorrow.RBI said the Survey of Professional Forecasters has lowered the GDP growth projection to 5.7 per cent from 6...

October 29, 2012 5:38 PM

Sensex surges 10 pts to close at 18,636

The Sensex at the Bombay Stock Exchange rose a marginal 10 points, or 0.1 percent, to 18,636, today, ahead of the RBI&apos;s policy meet. The Nifty at the National Stock Exchange inched up just 1 point, to 5,666.Stock markets in China, Hong Kong and Singapore slipped between 0.2 percent and 0.9 ...

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