Sensex falls 126 points amid weak rupee

Snapping two days of gains, the Sensex at the Bombay Stock Exchange dropped 126 points, or 0.8 percent, to 16,312, amid a weak rupee, and falling Asian and European markets on Wednesday.The Sensex had gained 220 points in previous two trading sessions. The Nifty at the National Stock Exchange declin...

Rupee weakens by 27 paise against dollar

At the interbank foreign exchange market, the rupee lost 49 paise, to 56.16 against the dollar in morning deals, today, compared to yesterday's close of 55.67 per dollar. The rupee fell on heavy demand for the US currency from importers, amid euro-zone worries.

Sensex declines 102 pts in noon trade

The Sensex at the Bombay Stock Exchange declined 114 points, or 0.7 per cent, to 16,325 in early trade, this morning, as funds and retail investors booked profits after two days of gains, amid rupee weakness, and negative regional bourses. Later, the Sensex remained weak, and stood 102 points, or 0....

RBI asks states to address supply side bottlenecks against backdrop of price rise

RBI Governor D Subbarao has asked state governments to address the issue of supply side bottlenecks against the backdrop of rise in prices. Addressing state finance secretaries in Mumbai yesterday, he said both the Centre and the states have important role in generating and promoting the supply resp...

Sensex declines 63 pts in noon trade

The Sensex which declined by over 114 points in early trade marginally recovered and was trading 63 points down at 16,384 a short while ago.Similarly, the wide-based National Stock Exchange index Nifty was trading 22 points in red at 4969.

Sensex declines 114 pts in early trade

The BSE benchmark index Sensex today declined by over 114 points in early trade as funds and retail investors booked profits after two sessions of gains. Subdued trends on the other Asian bourses alsodampened the trading sentiments. The 30-share index, which had gained over 220 points in the past tw...

Govt: 25 FDI proposals worth <img src="rs.png" border="0" height="10px" > 2,973.40 cr cleared

Government today said it has cleared 25 foreign direct investment, FDI proposals worth 2,973.40 crore rupees. The Finance Ministry said in a release that the applications were cleared after recommendations of the Foreign Investment Promotion Board,FIPB headed by Economic Affairs Secretary R Gopalan....

Sensex surges 22 pts to close at 16,439

Rising for the second straight session, the Sensex at the Bombay Stock Exchange ended with a slim gain of 22 points, or 0.1 percent, at 16,439, amid positive Asian markets, today. The Nifty at the National Stock Exchange moved up 4 points, to 4,990.Stock markets in Japan, China, Hong Kong, South Kor...

Sensex surges 22 pts to close at 16,439

Rupee loses 42p; trading at 55.60 against US dollar

The rupee today lost 42 paise to 55.60 against the US dollar in early trade on the Interbank Foreign Exchange market. as.Forex dealers said besides weakness in the euro against the dollar overseas on euro-zone worries, month-end demand for the American currency from importers also weighed on the rup...