Business

March 29, 2012 1:31 PM

Sensex stands 130 pts in negative

The Sensex at the Bombay Stock Exchange lost 169 points, or 0.9 per cent, to slip below the 17,000 level, at 16,952, in opening trade, this morning, on sustained selling by funds, amid falling regional bourses. Later, the Sensex remained subdued, and stood 130 points, or 0.8 per cent in negative ter...

March 29, 2012 11:37 AM

Rupee falls by 39 paise against dollars

The rupee fell by 39 paise to 51 rupees 17 paise against the dollar in early trade today following strong month-end demand for the US currency from importers. The rupee had ended lower by 9 paise at 50 rupees 78 paise against the dollar on Wednesday.

March 29, 2012 10:31 AM

Sensex dips below 17,000 level

The BSE benchmark Sensex dipped below the 17,000 level by losing over 169 points in early trade today on sustained selling by funds amid a weak trend on other Asian bourses.The 30-share barometer lost 169.35 points down to trade at 16,952.27 points with capital goods, realty and IT stocks leading th...

March 29, 2012 9:49 AM

RBI relaxes various norms on overseas direct investments<br/>

The Reserve Bank of India has relaxed various norms on overseas direct investments to offer more flexibility to the Indian companies and individuals. The RBI said in a notification that proposals from the Indian party for creation of charge in the form of pledge or mortgage on the immovable or movab...

March 28, 2012 8:41 PM

Sensex sheds 136 points to close at 17,122

The Sensex at the Bombay Stock Exchange declined 136 points to 17,122, on Wednesday, ahead of the settlement in the derivatives segment, and amid weak global markets. The Nifty at the National Stock Exchange fell 48 points to 5,195.Stock markets in Japan, China, Hong Kong, Singapore and South Korea ...

March 28, 2012 5:10 PM

Sensex down by 136 points

The Sensex at the Bombay Stock Exchange declined 136 points to 17,122, on Wednesday, ahead of the settlement in the derivatives segment, and amid weak global markets. The Nifty at the National Stock Exchange fell 48 points to 5,195.Stock markets in Japan, China, Hong Kong, Singapore and South Korea ...

March 28, 2012 1:33 PM

Rupee loses 41 paise

The rupee declined further and lost 41 paise to 51 rupees 10 paise against the US dollar in the late morning trade due to month-end demand for the American currency from importers amid strong global cues.

March 28, 2012 1:33 PM

Sensex stands 75 pts in negative zone

The Sensex at the Bombay Stock Exchange declined 106 points, or 0.6 per cent, to 17,151, in opening trade, this morning, on profit-booking by funds and retail investors, amid weakness in the other regional bourses. Later, the Sensex trimmed its losses, and stood 75 points, or 0.4 per cent in the neg...

March 28, 2012 11:57 AM

Sensex trading 77 pts down; Rupee loses 41 paise

The BSE benchmark index Sensex which declined by over 106 points in early trade, recovered marginally and was trading down 77 points at 17, 180 points a short while ago.Similarly, the wide-based National Stock Exchange index Nifty shed over 25 points to 5,2, 27.The rupee declined further and lost 41...

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