Business

June 27, 2012 3:06 PM

Rupee down by 12 paise against dollar

The rupee was down 12 paise to 57 ruppe 14 paise against the dollar today on persistent demand for theAmerican currency from banks and importers.The rupee which had resumed lower at 57.06 rupee per dollar in its opening session, dropped further to a low 57.14 in late morning trade.

June 27, 2012 3:01 PM

Sensex surges 102 pts in noon trade

The Sensex at the Bombay Stock Exchange rose 123 points, or 0.7 per cent, to regain the psychological 17,000-level, at 17,029 in opening trade, today, on fresh buying by funds and retail investors, amid covering-up of short positions by speculators. Later, the Sensex remained largely firm, and stood...

June 27, 2012 10:39 AM

Rupee down by 10 paise against dollar

The rupee today depreciated by 10 paise to 57.12 against the US dollar in early trade on the Interbank Foreign Exchange market, following increased month- end demand for the American currency from importers. The rupee had ended just one paise higher at 57.02 against the American currency yesterday o...

June 27, 2012 10:38 AM

Sensex surges over 122 pts in early trade

The BSE benchmark Sensex regained over 122 points in early trade today.The 30-share barometer, which had gained 24.42 points yesterday, rose by 122.69 points, or 0.72 per cent, to 17,029.27.The wide-based National Stock Exchange index Nifty was also up by 38.25 points, or 0.74 per cent, to 5,159.05.

June 26, 2012 8:40 PM

India's sovereign credit outlook stable: Moody's

India's sovereign credit outlook has been kept stable by the Global Rating Agency, Moody's Investment Services which said a slowdown in growth and investment is likely to be temporary. Moody's report said certain recent negative trends, lower growth, slowing investment and...

June 26, 2012 7:03 PM

SEBI to make it mandatory for top 500 listed companies for e-voting

Market regulator, SEBI today decided to make it mandatory for the top 500 listed companies to facilitate e-voting, making it easier for shareholders to participate in key decisions without being physically present at the meetings. SEBI's move is in line the budget proposal. SEBI said the de...

June 26, 2012 6:56 PM

Sensex surges 24 pts to close at 16,907

The Sensex at the Bombay Stock Exchange gained a modest 24 points, or 0.1 percent, to 16,907, amid subdued global markets, today. The Nifty at the National Stock Exchange rose 6 points, or 0.1 percent, to 5,121.Stock markets in Japan, China, South Korea, and Singapore declined between 0.1 percent an...

June 26, 2012 2:10 PM

Sensex up by 26 points in opening trade

The Sensex at the Bombay Stock Exchange gained 26 points, or 0.2 per cent, to 16,909 in opening trade, today, on selective buying by funds and retail investors. Later, trading remained lacklustre and range-bound, and the Sensex stood 36 points, or 0.2 per cent in the green, at 16,918 in afternoon de...

June 26, 2012 1:29 PM

Sensex trades flat in afternoon deals

Maintaining the upward trend, the Sensex at the Bombay Stock Exchange was trading 17 points in the positive territory at 16,899 in afternoon trade, when reports last came in. The 30-share barometer, which had lost 150 points in the last two sessions, rose by 26 points in opening trade today, with re...

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