Business

October 3, 2012 5:50 PM

Sensex gains 46 points

Sensex gained 46 points to close at 18,870 today. After opening at 18,841.49, the 30-share Sensex moved in a narrow 89-point range as trading remained largely lacklustre. Similarly, the 50-share NSE Nifty closed 12.45 points higher at a more than 17-month high of 5,731.25.

October 3, 2012 5:49 PM

Sensex gains 46 points

Sensex gained 46 points to close at 18,870 today. After opening at 18,841.49, the 30-share Sensex moved in a narrow 89-point range as trading remained largely lacklustre. Similarly, the 50-share NSE Nifty closed 12.45 points higher at a more than 17-month high of 5,731.25.

October 3, 2012 5:18 PM

Crude oil prices tumble by 4 %

Crude palm oil prices tumbled 4 per cent to hit lower circuit at 407.20 rupees per 10 kg in futures trade today after participants off-loaded their positions amid a weak trend overseas and subdued demand at spot markets. The oil to be delivered in November also fell by a similar margin to hit a lowe...

October 3, 2012 1:44 PM

Sensex gains 51 pts in noon trade

The Sensex at the Bombay Stock Exchange gained 51 points, or 0.3 per cent, to 18,875 in early trade, today, on sustained buying by funds and retail investors, on expectations of more policy reforms by the government. Later, the Sensex trimmed much of its initial gains, to stand just 7 points in the ...

October 3, 2012 11:50 AM

Rupee up 52 rupees against dollar

The rupee was trading 7 paise up at 52 rupees 33 paise against the dollar in late morning deals, on selling of the American currency by banks and exporters, amid persistent foreign capital inflows into the equity market. In the previous session on Monday, the local currency had edged up by 45 paise ...

October 3, 2012 11:49 AM

Sensex gains 65 pts in noon trade

The Sensex at the Bombay Stock Exchange was trading 65 points in the positive territory at 18,889 in late morning deals, when reports last came in. After gaining nearly 245 points in the previous two trading sessions, the 30-share barometer gained over 51 points in early trade today, on sustained bu...

October 3, 2012 11:41 AM

ADB cuts growth forecasts for 2012, 2013 in developing Asia

The Asian Development Bank has cut its growth forecasts for this year and for the next year in developing Asia because of weakening global demand and a slowdown in the region's two largest economies. In a report released today, the ADB said emerging Asia should prepare for what it called a ...

October 3, 2012 10:53 AM

Crude price slips in Asia

Crude prices slipped in Asia today after Spanish Prime Minister Mariano Rajoy played down expectations of an immediate bailout for his struggling country. New York's main contract, light sweet crude for delivery in November, shed 27 cents to 91.62 dollars a barrel and Brent North Sea crude ...

October 3, 2012 10:51 AM

Crude price slips in Asia

Crude prices slipped in Asia today after Spanish Prime Minister Mariano Rajoy played down expectations of an immediate bailout for his struggling country. New York's main contract, light sweet crude for delivery in November, shed 27 cents to 91.62 dollars a barrel and Brent North Sea crude ...

October 3, 2012 9:56 AM

Rupee up 12 paise against dollar

The rupee rose by 12 paise to fresh over five-month high of 52.28 against the American currency in early trade today at the Interbank Foreign Exchange on continued dollar selling by exporters and some banks. The rupee had edged up by 45 paise to close at an over five-month high of 52.40 against the ...

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