Business

June 20, 2012 4:28 PM

Sensex up by 37 points after volatile trade<br/>

The Sensex at the Bombay Stock Exchange gained 37 points, or 0.2 percent, to 16,897, after volatile trade, on Wednesday. The Nifty at the National Stock Exchange added 17 points, or 0.3 percent, to 5,121.

June 20, 2012 4:27 PM

US stocks rallied after positive housing data

US stocks rallied, after positive housing data, and on hopes that the US Federal Reserve will take further measures to stimulate the economy. So the Dow Jones Industrial Average rose 96 points or 0.8%, to 12,837. The S&amp;P 500 added 13 points, or 1%, to 1,358. And the Nasdaq Compostie index ga...

June 20, 2012 2:02 PM

Sensex gains 32 pts in noon trade

The Sensex at the Bombay Stock Exchange opened 72 points, or 0.4 per cent higher, at 16,932, this morning, on continued buying by funds and retail investors, amid firm Asian markets. But later, in afternoon trade, the Sensex turned very volatile, and after slipping briefly into the red, again moved ...

June 20, 2012 12:59 PM

Crude down in Asia <br/>

Crude slid in Asia today. New York&apos;s main contract, light sweet crude for delivery in July, fell 19 cents to 83.84 dollars a barrel on its last trading day and Brent North Sea crude for August delivery shed 13 cents to 95.63 dollars.

June 20, 2012 11:51 AM

Sensex surges 33 pts in noon trade

The BSE benchmark Sensex which rose by over 72 points in early trade washed out its initial gains and was trading 33 point up at 16, 892 a short while ago.Similarly, the wide-based National Stock Exchange index Nifty moved up by nearly 11 points to 5,115.

June 20, 2012 11:28 AM

RBI extends 2% interest subsidy scheme to small scale sectors

The Reserve Bank has extended the 2 per cent interest subsidy scheme by another year on rupee export credit to the labour-oriented and small scale sectors. The RBI, in its circular, said that exporters of handicrafts, handlooms, readymade garments, processed agriculture products and carpets will be ...

June 20, 2012 10:29 AM

Rupee up by 5 paise against dollar

The rupee appreciated by 5 paise to 55.91 against the American currency in early trade today on the Interbank Foreign Exchange on dollar selling by exporters, amid a higher opening in the stock market. Forex dealers said, dollar weakness against a basket of other Asian currencies overseas also suppo...

June 20, 2012 10:29 AM

Sensex surges over 72 pts in early trade

The BSE benchmark Sensex rose by over 72 points in early trade today on continued buying by funds and retailers after Prime Minister Manmohan Singh yesterday said the government is determined to take tough decisions to revive the economy. The 30-share barometer, which had gained nearly 154 points in...

June 19, 2012 5:45 PM

Sensex gains 154 pts to close at 16,860

The Sensex at the Bombay Stock Exchange gained 154 points, or 0.9 percent, to 16,860, today. The Nifty at the National Stock Exchange added 40 points, or 0.8 percent, to 5,104. But stock markets in Japan, China and Hong Kong lost between 0.1 percent and 0.8 percent, on worries about Spain.

June 19, 2012 1:58 PM

Govt taking steps to improve FI inflows: Pranab

The Finance Minister Pranab Mukherjee today said, the government is taking steps to improve inflow of foreign investment and the impact of the initiatives will become visible after some time. Yesterday, Fitch lowered India&apos;s credit outlook from stable to negative, citing reasons such as cor...

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