Sensex 139 points down at 15733

The BSE Sensex which fell by nearly 33 points in opening trade today was trading 139 points down at 15733.In a similar fashion, the wide-based National Stock Exchange Nifty was trading 51 points down at 4699. Stocks of banking, consumer durables, capital goods and realty sectors were under pressure,...

The Reserve Bank of India, RBI, has cautioned the public against falling prey to fictitious offers of cheap funds that are rampant in recent times.In a press statement at Guwahati, the RBI said, the fraudsters often lure the public in the form of lottery prize money through letters, e-mails, SMS etc...

Rupee declines 16 paise at 53.18 against US$

The Indian rupee fell by 16 paise to 53 rupees 18 paise per US dollar in early trade on the Interbank Foreign Exchange today due to month-end demand for the American currency from importers.In addition, gains posted by the US dollar against Asian currencies overseas and a lower opening in the domest...

Sensex down 33 pts to 15,841 in opening trade

The BSE Sensex fell by nearly 33 points in opening trade today. It extended yesterday's losses in the absence of worthwhile buying activity by foreign funds in the holiday mood ahead of the year ending amid a weakening trend on other Asian bourses.The 30-share BSE benchmark index, which los...

Leading Indian Bankers say, the recent volatility in Indian Rupee is a temporary phenomena and the currency will stabilize soon.They said there is no need to press the panic button. Addressing a Panel discussion in Dubai, the CEOs of Bank of Baroda from GCC region, Punjab National Bank, Corporation ...

Sensex down 97 pts, closes at 15874

The Sensex at the Bombay Stock Exchange declined 97 points, or 0.6 percent, to 15,874, on profit-booking by investors, today. The Nifty at the National Stock Exchange fell 29 points, or 0.6 percent, to 4,751.Stock markets in Japan, China, Singapore, and South Korea lost between 0.1 percent and 1 per...

Sensex recovers on infra growth data

The Sensex at the Bombay Stock Exchange fell 34 points, or 0.2 per cent, to 15,937 in the first few minutes of trade this morning on profit-booking by investors.Later, the Sensex remained weak and stood 60 points or 0.4 percent in the negative zone, at 15,911 in afternoon deals a short while ago. Bu...

Down trend up, Sensex falls 27 points

Oil soars in Asia

Oil was higher in Asian trade today. In morning trade, New York's main contract, light sweet crude for February delivery, was two cents higher at 99.70 dollar a barrel from Friday's close. Brent North Sea crude for February delivery advanced 21 cents to 108.17 dollar. Crude markets...

Rupee fall continues

The Indian rupee depreciated by 17 paise to 52 rupees 88 paise against the US dollar in early trade today. The fall was due to fresh month-end dollar demand from importers despite weakness of the American currency in overseas markets.In the previous session on Monday, the domestic currency had notch...