Business

October 8, 2012 2:04 PM

BSE Sensex down by 175 points in afternoon trade today

The Sensex at the Bombay Stock Exchange lost 175 points, or 0.9 percent, at 18,763 today, in the afternoon trade, a short while ago. The Nifty of the National Stock Exchange shed 58 points, or 1 percent, to trade at 5,689.In other Asian markets, key indices in Hong Kong, China, South Korea and Singa...

October 8, 2012 1:51 PM

BSE Sensex falls by 125 points in afternoon trade

The BSE benchmark Sensex fell by 125 points to 18,812 in afternoon trade today. The 30-share index had lost 61 points in morning deals.Similarly, the wide-based National Stock Exchange Nifty Index lost 41 points to 5,705.

October 8, 2012 11:44 AM

World Bank lowers growth forecast for China

The World Bank has lowered its growth forecast for China, citing weak demand for its exports and lower investment growth. The bank said it expects China's economy to grow by 7.7 per cent this year, down from its projection of 8.2 per cent in May. China's exports have been hurt by e...

October 8, 2012 11:28 AM

Crude prices slip in Asia today

Crude prices slipped in Asia today amid caution over Europe hours ahead of the formal launch of a 500-billion-euro rescue fund for the embattled eurozone. New York's main contract, light sweet crude for delivery in November, shed 47 cents to 89.41 dollar a barrel and Brent North Sea crude f...

October 8, 2012 10:39 AM

Rupee depreciates by 25 paise

The rupee depreciated by 25 paise to 52.10 per dollar in early trade today, weighed down by dollar's gains overseas. The domestic unit had ended down by 11 paise at 51.85 per dollar in the previous session on weakness in local shares amid fresh dollar demand from importers.

October 8, 2012 9:59 AM

BSE Sensex falls by 61 points in opening trade

The BSE benchmark Sensex fell by almost 61 points to 18,880 in opening trade today on emergence of profit booking at higher levels. The 30-share index had lost 120 points in the previous session.Similarly, the wide-based National Stock Exchange Nifty Index shed 26 points to 5,720.Meanwhile, in Asian...

October 8, 2012 9:58 AM

Rupee depreciates by 25 paise against US dollar in early trade

The rupee depreciated by 25 paise to 52.10 per dollar in early trade today, weighed down by dollar's gains overseas. The domestic unit had ended down by 11 paise at 51.85 per dollar in the previous session on weakness in local shares amid fresh dollar demand from importers.

October 7, 2012 1:41 PM

Overseas investors pour in Rs. 3,300 cr in market last week

Overseas investors poured in more than 3,300 crore rupees in the country's stock market last week as the government continued with its reforms to boost economic growth and investor sentiment. According to the data available with market regulator SEBI, Securities and Exchange Board of India,...

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