Sensex ends with marginal gain of 23 points<br/>

Erasing all its early losses the, the Sensex at the Bombay Stock Exchange ended with a marginal gain of 23 points, or 0.2 percent, at 15,988, on Monday, on hopes of a rate cut by the Reserve Bank.The Nifty rose 7 points, or 0.1 percent, to 4,848.But, stock markets in Japan, China, Hong Kong, South K...

Crude oil falls for fifth day on NYMEX

RBI hints at cut in interest rates

Ahead of the mid-quarterly policy review, the Reserve Bank of India (RBI) Deputy Governor Subir Gokarn on Monday hinted at cut in interest rates.He said moderation in inflation due to lower economic growth and cooling global oil prices provide room for easing monetary policy. He was speaking in Mumb...

Sensex falls 59 pts in intra-day trade

The Sensex at the Bombay Stock Exchange fell 59 points at 15,906, in intra-day trade today. The Nifty of the National Stock Exchange shed 15 points to 4,827.Other Asian markets, Japan, China, Hong Kong, South Korea and Singapore were also trading lower between 1.5 per cent and 2.8 per cent in intra-...

FinMin: Revenue officials to be able to meet target of Rs. 5.05 lakh cr for 2012-13

Finance Minister Pranab Mukherjee today exuded confidence that the revenue officials will be able to meet indirect tax collection target of 5.05 lakh crore rupees for 2012-13. Congratulating them for having done a good job last year, the Finance Minister hoped it would be possible for them to do the...

Rupee up by 19 paise against dollar

The rupee appreciated 19 paise to 55.35 rupees against the dollar after selling of dollars by banks and corporates today.The rupee had gained a whopping 54 paise to end at 55.54 rupees against the dollar on Friday&apos;s trade.

Sensex down by 121 pts at noon trade

The BSE benchmark Sensex was trading 121 points down at 15,845 a short while ago. Earlier, the sensex fell nearly 162 points in early trade today. The 30-share barometer has lost over 473 points in the previous three sessions.Similarly, the wide-based National Stock Exchange index Nifty was trading ...

Oil falls in Asian trade

Oil fell further in Asian trade today. Brent North Sea crude for July shed 74 cents to 97.69 dollar, and New York&apos;s main contract crude for July, fell 78 cents to 82.45 dollar, a price last seen in October. Both contracts had closed lower on Friday in reaction to weak US jobs data.

Sensex falls by nearly 162 pts in early trade

The BSE benchmark Sensex fell nearly 162 points in early trade today. The 30-share barometer has lost over 473 points in the previous three sessions.Similarly, the wide-based National Stock Exchange index Nifty declined 50 points to 4,791.In Asia, the Japan&apos;s Nikkei fell by 2.16 per cent, w...

Rupee declines 4 paise against dollar

The rupee depreciated 4 paise to 55.58 rupees against the dollar in early trade as the American currency gained strength against euro and other Asian currencies.The rupee had gained a whopping 54 paise to end at 55.54 rupees against the dollar on Friday&apos;s trade.