Sensex down by 56 points

No need for panic after S&P India downgrade: Pranab<br/>

The Finance Minister Mr. Pranab Mukherjee has said that there is no need to panic in the wake of global rating agency, Standard and Poor&apos;s lowering India&apos;s rating outlook to negative. Reacting to the Outlook by the agency the Finance Minister expressed confidence that the country w...

Standard & Poor's lowers India's rating outlook to negative, warns of downgrade

Global rating agency, Standard and Poor&apos;s today lowered India&apos;s rating outlook to negative, and warned of a downgrade in two years if there is no improvement in the fiscal situation. The lowering of outlook from stable, to negative is expected to make external commercial borrowings...

Sensex falls 128 pts in noon trade

The Sensex at the Bombay Stock Exchange declined 33 points, or 0.2 per cent, to 17,175, in opening trade, this morning, as funds and retail investors booked profits after yesterday&apos;s gains. Later, the Sensex lost some more ground, and stood 128 points, or 0.8 percent in the red, at 17,079 i...

Oil prices up in Asian trade

Oil prices were higher in Asian trade today. New York&apos;s main contract, light sweet crude for delivery in June, was up 13 cents to 103.68 dollar and Brent North Sea crude for June delivery gained nine cents to 118.25 dollar.

Sensex gains 10 pts in noon trade

The BSE benchmark Sensex which opened 32 points down, gained 10 points to nearly 17,218 points in the noon trade. Similarly, the wide-based National Stock Exchange index Nifty rose by 11 points, to nearly 5,224.

Govt gives in-principle nod to free diesel prices

The government has said it has taken an in-principle decision to link diesel prices with market rates, However, there is no proposal at present to fully deregulate cooking gas price. Minister of State for Finance, Namo Narain Meena said this in a written reply to the Rajya Sabha yesterday. While pet...

Sensex down by over 32 pts in early trade

The BSE benchmark Sensex which opened 32 points down, gained 10 points to nearly 17,218 points in the noon trade. Similarly, the wide-based National Stock Exchange index Nifty rose by 11 points, to nearly 5,224.

Rupee up by 3 paise against dollar

The rupee had ended lower by 18 paise at 52.68 against the US currency yesterday due to sustained dollar demand from banks.n early trade due to sustained demand for the American currency from banks and importers. The rupee had ended lower by 18 paise at 52.68 against the US currency yesterday due to...

Sensex down by over 32 pts in early trade

The BSE benchmark index Sensex declined by over 32 points in early trade today .The 30-share index, which had gained 110.61 points yesterday, fell by 32.56 points, or 0.18 per cent, to 17,174.73 . Similarly, the wide-based National Stock Exchange index Nifty shed 11.20 points, or 0.21 per cent, to 5...