Business

May 2, 2012 5:11 PM

Sensex closes with marginal loss

Snapping a three-day rally, the Sensex at the Bombay Stock Exchange ended with a small loss of 17 points, or 0.1 percent, at 17,302, on profit-booking by investors, today. The Sensex had gained almost 190 points in the previous three trading sessions. The Nifty at the National Stock Exchange fell 9 ...

May 2, 2012 1:59 PM

Sensex surges 10 pts in noon trade

The Sensex at the Bombay Stock Exchange rose 105 points, or 0.6 per cent, to 17,424 in early trade, today, on sustained buying by funds and retail investors, amid some encouraging fourth quarter corporate results, and firm regional bourses. But the Sensex later gave up almost all its initial gains, ...

May 2, 2012 1:57 PM

Govt to allow export of 1 million tonnes of Sugar

The Government has decided to allow export of one million tonnes of Sugar. This was stated by the Commerce and Industry Minister, Anand Sharma while replying to supplementaries during the Question Hour in the Rajya Sabha today. Replying to the main question, the Minister said, the global economic cr...

May 2, 2012 12:59 PM

Oil retreats on profit-taking, eurozone concerns

Oil retreated in Asian trade today as investors took profits from recent gains, while renewed concerns about the eurozone's debt problems also pressured prices. New York's main contract crude for delivery in June was down 36 cents to 105.80 dollar per barrel while Brent North Sea c...

May 2, 2012 11:47 AM

Sensex surges 76 pts in noon trade

The BSE benchmark Sensex rose by 76 points, or 0.44 per cent, to 17,400 points during noon trade today.In a similar fashion, the wide-based National Stock Exchange index Nifty was up by 21 points, or 0.4 per cent, to 5,269 points.In the Asian region, Hong Kong's Hang Seng Index rose by 1.06...

May 2, 2012 11:25 AM

Oil retreates on profit-taking, eurozone concerns

Oil retreated in Asian trade today as investors took profits from recent gains, while renewed concerns about the eurozone's debt problems also pressured prices. New York's main contract crude for delivery in June was down 36 cents to 105.80 dollar per barrel while Brent North Sea c...

May 2, 2012 10:12 AM

Rupee up by 6 paise against dollar

The rupee today strengthened by six paise to 52.67 against the US dollar in early trade on the Interbank Foreign Exchange. It strengthened largely on the back of a higher opening on the stock market amid selling of the American currency by exporters. The rupee had lost 19 paise to close at a nearly ...

May 2, 2012 10:01 AM

Sensex surges 105 pts in early trade

The BSE benchmark index Sensex rose by another 105 points or 0.61 per cent to 17,424 points in early trade today. It extended gains for the fourth straight session, on sustained buying by funds and retail investors, amid encouraging fourth quarter corporate earnings and a firming trend in other Asia...

May 1, 2012 7:41 PM

Gold rises to record high of Rs 29,690

Gold prices rose 100 rupees, to yet another all-time record high of 29,690 rupees per ten grams at Delhi's bullion market, today, on rising wedding season demand, amid a firm global trend. Gold has gained 700 rupees in the last nine days. But silver declined 100 rupees, to 56,800 rupees per...

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