Rupee slips by 7 paise against dollar

The rupee failed to maintain its initial gains today and slipped 7 paise to 57 rupees, 8 paise against the dollar on fresh demand for the American currency from banks and importers. The domestic currency resumed stronger at 56 rupees 90 paise per dollar as against yesterday's closing level ...

Oil up in Asia

Oil was up in Asia today with traders buying cheaper crude after a tropical storm spared production facilities in the Gulf of Mexico and eurozone worries resurfaced. New York's main contract, light sweet crude for delivery in August, added 12 cents to 79.33 dollar and Brent North Sea crude ...

Rupee appreciates by 11 paise against dollar

The rupee today rose by 11 paise to 56.90 against the US dollar in early trade at the Interbank Foreign Exchange market as the American currency weakened against euro and other currencies overseas. Besides, a higher opening in the domestic equity market also supported the rupee. The domestic currenc...

Sensex recovers marginally by over 26 points in early trade

The BSE benchmark Sensex recovered marginally by over 26 points in early trade today .The 30-share barometer, which has lost 150.40 points in the last two sessions, rose by 26.38 points, or 0.15 per cent, to 16,908.54 points with realty, capital goods and oil and gas stocks trading in positive zone....

Sensex recovers marginally by over 26 points in early trade

The BSE benchmark Sensex recoveredmarginally by over 26 points in early trade today .The 30-share barometer, which has lost 150.40 points in the last two sessions, rose by 26.38 points, or 0.15 per cent, to 16,908.54 points with realty, capital goods and oil and gas stocks trading in positive zone.S...

Rupee closes 14 paise up against dollar

At the interbank foreign exchange market, the rupee closed 14 paise stronger, at 57.01 against the dollar. But it had earlier slumped to a fresh record low of 57.92 per dollar, after the Reserve Bank's measures to stem the currency slide failed to enthuse investors.

Sensex drops 90 pts to close at 16,882

Demand from China, India to boost global commodities market

A report says, Chiefs of top mining companiesworldwide are bullish about demand from China and India, which is expected to boost global commodities market worldwide. Global consultancy PwC in its latest report on mining industry has also said that India would require huge increases in coal import to...

Sensex drops 90 pts to close at 16,882

Giving up all its initial gains, the Sensex at the Bombay Stock Exchange dropped 90 points, or 0.5 percent, to 16,882, amid weak Asian and European markets, today. The Nifty at the National Stock Exchange fell 31 points, or 0.6 percent, to 5,115.Stock markets in Japan, China, Hong Kong, South Korea,...

Crude oil prices rise in Asia

Crude prices rose in Asia today as the onset of Tropical Storm Debby forced oil and gas operators in the Gulf of Mexico to evacuate some platforms and rigs. New York's main contract, light sweet crude for delivery in August, gained 30 cents to 80.06 dollar a barrel and Brent North Sea crude...