Sensex drift down after early gains

After recovering by over 72 points in early trade today, the BSE benchmark index Sensex was trading 126 points or 0.7 per cent down at 17,953 points a shortwhile ago.In a similar fashion, wide-based index of the National Stock Exchange, Nifty was also trading 42 points down at 5,441 points.

Crude strengthens on US economic data

Oil prices were higher in Asian trade today, supported by buoyant economic data from the United States and Germany as well as concerns over Iran's nuclear programme. New York's main contract, light sweet crude for delivery in April, rose 64 cents to 108.47 dollars per barrel, while...

Rupee firms 16 paise against US dollar

The rupee appreciated by 16 paise to 49.03 rupees against dollar in early trade on the Interbank Foreign Exchange today, as the US currency weakened against euro and other major currencies.The rupee ended 3 paise higher at 49.20 against dollar yesterday.

Sensex recovers by 72 points in early trade

The BSE benchmark index Sensex recovered by over 72 points in early trade today. In a similar fashion, wide-based index of the National Stock Exchange, Nifty, moved up by 21.70 points to 5,505.00. In Asia, Hong Kong's Hang Seng Index was up 0.36 per cent, while Japan's Nikkei Index...

India to meet its export targets, says Sharma

Union Commerce and Industry Minister, Anand Sharma has said that India will be able to meet its target exports this fiscal. Speaking to reporters in Mumbai yesterday, Mr. Sharma said that even though the global macro conditions have not been encouraging. India will end up in the vicinity of the targ...

Brent crude rises to highest level in 9 months

Sensex loses 67 points, to 18,079

Falling for the second straight session, the Sensex at the Bombay Stock Exchange lost 67 points, or 0.4 percent, to 18,079, after volatile trade, today, on continued profit- booking by investors, amid subdued Asian markets. The Sensex had added 104 points at the day's high, and lost 140 poi...

India seeks 5 million tons more crude from Saudi Arabia

India today sought 5 million tons of more crude oil from Saudi Arabia next fiscal as its refiners look at replacing at least 10 per cent crude oil imported from Iran. Speaking to reporters after a meeting with Abdul Aziz Bin Salman bin Abdulaziz, Assistant Minister for Petroleum Affairs, Saudi Arabi...

Sensex slumps 67 points; Loses initial gains

Erasing all its initial gains, the Sensex at the Bombay Stock Exchange stood 67 points, or 0.4 percent in negative territory, at 18,079, in afternoon deals, a short while ago, as investors resorted to mild profit-booking, amid weak regional bourses. Earlier in the morning, however, the Sensex had op...

Sensex after gaining in early trade takes a dip<br/>

The BSE benchmark index Sensex which recovered by nearly 57 points in early trade lost its initial gains and was trading at 18,045 down by 90 points a short while ago.The wide-based National Stock Exchange Nifty index was trading 42 points down at 5, 462. Earlier, it gained 12 points to 5,518 a shor...