RBI keeps Key Policy Rates Unchanged; To manage liquidity through open market operations

The Reserve Bank of India (RBI), has kept policy rates unchanged in its Mid Quarter Review of Monetary Policy announced today. The repo rate (the rate at which RBI lends money to banks) remains unchanged at 8.5%. The Reverse Repo Rate (rate at which RBI borrows money from banks) also will remain unc...

Sensex plummets 345 pts, closes at two-year low

The Sensex at the Bombay Stock Exchange fell 345 points, or 2.2 percent, to close at the two-year low of 15,491, today, as RBI expressed concerns over growth but did not ease liquidity, although it paused lending rate hike. The Nifty at the National Stock Exchange lost 95 points, or 2 percent, to 4,...

Sensex plunges 345 pts

The Sensex at the Bombay Stock Exchange fell 345 points, or 2.2 percent, to 15,491, today. The Nifty at the National Stock Exchange lost 95 points, or 2 percent, to 4,652. But Stock markets in Japan, China, Hong Kong, South Korea and Singapore rose between 0.3 percent and 2 percent.

Gold falls below <img src="rs.png" height="10" border="0"> 28,000 level

Gold fell below 28,000 level, by losing 375 rupees, to settle at 27,765 rupees per 10 grams at Delhi&apos;s bullion market, today, on sustained selling amid reduced off take at higher levels and a weakening global trend.The yellow metal has lost 1,565 rupees in the past five trading sessions, an...

Sensex trades 102 pts up in afternoon trade

The BSE benchmark Sensex was trading 102 points or 0.65 per cent up at 15,938 points in the afternoon trade a short while ago. Earlier, Sensex rose by over 107 points in opening trade today.Similarly, the NSE&apos;s 50-share Nifty was also trading 23 points or 0.5 per cent up at 4, 769 points.

Sensex trades 136 pts up

The BSE benchmark Sensex was trading 136 points or 0.86 per cent up at 15,972 points a short while ago. Earlier, Sensex rose by over 107 points in opening trade today.Similarly, the NSE&apos;s 50-share Nifty was also trading 49 points up at 4, 795 points.

The Indian rupee gained 74 paise to Rs 52.90 per US dollar in opening trade today after the Reserve Bank of India imposed restrictions on forward trading to check the slide of the domestic currency, which had tumbled to a record low of Rs 54.30 per dollar yesterday.Dealers said the sharp recovery of...

Crude price dives in Asian trade

Crude dived in Asian trade today. New York&apos;s main contract, light sweet crude for delivery in January, fell eight cents to 93.79 dollars per barrel. Brent North Sea crude for February delivery shed 65 cents to 103.60 dollars on its first trading day.Crude fell as investors remained cautious...

Sensex trades 190 pts up

The BSE benchmark Sensex was trading 190 points or 1.20 per cent up at 16,226 points a short while ago on fresh buying in power, auto, consumer durables, realty, banking and metal counters on the back of firm Asian cues. Earlier, the Sensex rose by over 107 points in opening trade today.Similarly, t...

Sensex rises by 107 pts in opening trade

The BSE benchmark Sensex rose by over 107 points in opening trade today.The 30-share Sensex, which has lost over 165 points in the past two sessions, recovered by 107.56 points, or 0.68 per cent, to 15,944.03 in opening trade.The wide-based National Stock Exchange Nifty index also moved up by 34.45 ...