Business

May 28, 2012 4:16 PM

Sensex surges 199 pts to close at 16,417

The Sensex at the Bombay Stock Exchange rose 199 points, or 1.2 percent, at 16,417, today, amid rising Asian and European markets. The Nifty of the National Stock Exchange advanced 65 points, or 1.3 percent, to 4,986.

May 28, 2012 2:49 PM

Sensex up by 105 points

The Sensex at the Bombay Stock Exchange rose 105 points, or 0.7 percent, to 16,322 in intra-day trade, on Monday.In other Asian markets, key indices in China, Hong Kong, Japan and Singapore were trading higher between 0.2 percent and 1.2 percent in intra-day trade.

May 28, 2012 2:48 PM

Rupee up by 21 paise against US Dollar, after failing to hold early gains

The rupee failed to hold on to early gains and eased a little in the late morning trade to 55.17 ruppee. The rupee was still up 21 paise, against the US dollar due to uneven demand.The rupee which had resumed higher at 55.25 rupee per dollar as against the weekend level of 55.38 and firmed further t...

May 28, 2012 1:59 PM

Pranab: Centre building consensus on FDI in retail & other issues

Finance Minister Pranab Mukherjee has said that the Centre is trying to build a consensus on Foreign Direct Investment in retail and other contentious issues.He said, the government is working to build a policy consensus on a number of pending issues such as introduction of Goods and Services Tax, f...

May 28, 2012 12:06 PM

Sensex up by 132 points

The benchmark Sensex at the Bombay Stock Exchange gained 132 points in late morning trade on Monday. The 30-share barometer, which recovered 112 points in its previous session, moved 132 points up at 16,348 a short while ago. In a similar fashion, the wide-based National Stock Exchange index Nifty r...

May 28, 2012 11:15 AM

Rupee strengthens by 32 paise against US Dollar

The rupee on Monday strengthened by another 32 paise to 55.05 rupee against the US dollar in early trade. The gain was supported by a higher opening on the stock market amid selling of the American currency by exporters. The rupee had gained 27 paise to close at 55.37 rupee against the dollar in the...

May 28, 2012 11:09 AM

Sensex up by 112 points<br/>

The BSE benchmark Sensex rose by over 112 points in early trade on Monday . The 30-share barometer, which shed 4.48 points in the previous choppy session, recovered by 112.03 points, or 0.69 per cent, to 16,329.85.The wide-based National Stock Exchange index Nifty moved up by 34.20 points, or 0.69 p...

May 27, 2012 8:20 PM

RBI taking steps to arrest rupee's depreciation: FM

Union Finance Minister Pranab Mukherjee today said the Reserve Bank was taking steps to arrest the rupee&apos;s depreciation.Talking to reporters in Kolkata ,the Finance Minister attributed the slide in rupee value to various domestic and global factors. RBI recently indicated that it may sell d...

May 26, 2012 4:07 PM

Sensex down by 4 pts to close at 16,218

The Sensex at the Bombay Stock Exchange ended with a nominal loss of 4 points, at 16,218, after choppy trade, on Friday. The Nifty at the National Stock Exchange lost just 1 point, to 4,920.Stock markets in Japan, China, Hong Kong, South Korea and Singapore again ended mixed, amid uncertainty over t...

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