Business

November 24, 2011 5:01 PM

Sensex up by 159 points

The Sensex at the Bombay Stock Exchange gained 159 points, or 1 percent, to 15,858, on Thursday, on fresh buying by investors, amid the settlement of the monthly derivative contracts, a fall in food inflation, and rising Asian and European markets. The Nifty at the National Stock Exchange rose 50 po...

November 24, 2011 1:58 PM

Food inflation cuts down to single digit at 9.01%

Food inflation fell sharply by 1.62 per cent to single digit at 9.01 per cent for the week ended November 12. It was 10.63 per cent in the previous week.The fall in food inflation rate is on the back of reduced prices of Onion, Potato and wheat.The data released by the government today said onions b...

November 24, 2011 1:11 PM

Sensex sheds 55 pts in afternoon trade

The BSE benchmark Sensex was trading in red at 15,633 after losing over 55 points in the afternoon trade a short while ago. Earlier in the morning trade the Sensex fell by over 200 points.Brokers said the market sentiment remained distinctly bearish as funds and retail investors engaged in offloadin...

November 24, 2011 12:08 PM

Crude down in Asian trade

Crude Oil prices were lower in Asian trade today with weak US growth data and debt worries in Europe weighing on the market. New York's main contract, light sweet crude for delivery in January, fell 53 cents to 97 dollars 48 cents a barrel. Brent North Sea crude for January delivery shed 26...

November 24, 2011 11:57 AM

Sensex trading in red, plunges 214 pts

The BSE benchmark Sensex fell by over 200 points in the morning trade. It was trading at 15,485 down by over 214 points a short while ago. In the opening trade it lost nearly 55 points.Brokers said the market sentiment remained distinctly bearish as funds and retail investors engaged in offloading s...

November 24, 2011 10:23 AM

Rupee enhances 21 paise against USD

The rupee strengthened by 21 paise to 52.14 rupees against the US dollar in early trade today. It had closed at 52.35 yesterday. Dealers said recovery in the euro and Asian currencies against the US dollar overseas influenced the rupee sentiment in the country.

November 24, 2011 10:00 AM

Sensex loses 55 pts in opening trade

The BSE benchmark Sensex extended losses and fell by nearly 55 points in opening trade today. It was trading at 15,585 down by over 114 points a short while ago.Similarly, the wide-based National Stock Exchange Nifty index declined by 11 points, to trade at 4,695.Brokers said the market sentiment re...

November 24, 2011 9:56 AM

Sensex loses 100 pts in opening trade

The Bombay Stocks exchange benchmark was trading in red at 15,599 after losing nearly 100 points in the morning trade a short while ago.Analysts said a weakening trend on other Asian bourses in line with overnight losses at the US market, impacted the trading sentiment.

November 23, 2011 6:21 PM

Air India , subsidiaries owe Rs 2,310 Cr to oil marketing companies: Govt

Civil Aviation minister Vayalar Ravi on Wednesday said Air India and its subsidiaries owe 2,310 crore rupees to the oil marketing companies. In a written reply to the Lok Sabha, Mr Ravi said till the end of the first fortnight of September, Air India has a total due of over 2,310 crore rupees of whi...

November 23, 2011 6:14 PM

FII withdrawal, weak rupee responsible for market crash: Pranab

Finance Minister Pranab Mukherjee on Wednesday attributed the stock market crash to withdrawal of funds by foreign investors and depreciation of the rupee. Mr. Mukherjee told reporters in Delhi that, Markets have crashed because of continuous withdrawal of funds by Foreign Institutional Investors.He...

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