Business

October 11, 2011 6:02 PM

Sensex loses 21 pts, closes at 16,536 pts

Snapping two days of gains, the Sensex at the Bombay Stock Exchange fell a modest 21 points, or 0.1 percent, to 16,536, on profit-booking by investors, and amid weak European markets, today. The Sensex had gained 765 points in the previous two trading sessions. The Nifty at the National Stock Exchan...

October 11, 2011 2:51 PM

Govt to take steps to reduce forex rate volatility

The Commerce Minister Mr. Anand Sharma today said that government will take effective measures to reduce the high volatality in the foreign exchange rate. He was speaking at the meeting of Board of Trade in New Delhi today. The meeting discussed Global trade, policy measures to address the impact of...

October 11, 2011 2:03 PM

Sensex trading at 16,566 in noon trade

The Sensex at the Bombay Stock Exchange gained 170 points, or 1 per cent, to 16,728 in opening trade, this morning, on sustained buying by investors, and in line with firm Asian markets. Later, after advancing 217 points at one stage, the Sensex pared its gains considerably, to stand just 9 points, ...

October 11, 2011 12:38 PM

Asia oil trades mixed

Crude oil prices were mixed in Asia today. New York's main contract, light sweet crude was up 18 cents to 85.59 dollar per barrel. Brent North Sea crude dipped 14 cents to 108.81 dollar.

October 11, 2011 12:13 PM

Sensex up 92 points at 16,645<br/>

The BSE benchmark Sensex was trading up by 92 points at 16,6,45 a short while ago. It had risen by over 170 points in opening trade today on sustained buying by funds and retail investors, tracking firm global cues.The wide-based National Stock Exchange Nifty index was trading up by 25 points at 5,0...

October 11, 2011 12:10 PM

Sensex up 92 points at 16,645

The BSE benchmark Sensex was trading up by 92 points at 16,6,45 a short while ago. It had risen by over 170 points in opening trade today on sustained buying by funds and retail investors, tracking firm global cues.The wide-based National Stock Exchange Nifty index was trading up by 25 points at 5,0...

October 11, 2011 10:27 AM

Rupee up 9 paise at 48.88 per US $

The Rupee strengthened by 9 paise to Rs 48.88 per US dollar in early trade today. Forex dealers said a strong opening in the stock market and dollar losses against other Asian currencies kept the rupee sentiment firm. The rupee had gained 18 paise to close at a one-week high of Rs 48.97 against the ...

October 11, 2011 10:25 AM

Slovak Parliament votes today on Eurozone bailout

The Parliament in Slovakia is voting later today on the enhanced bailout fund for troubled economies in the Eurozone. On the eve of the vote a junior member of the governing coalition was still opposed to providing more money to heavily indebted countries such as Greece. Prime Minister Iveta Radicov...

October 11, 2011 10:23 AM

Slovak Parliament votes today on Eurozone bailout

The Parliament in Slovakia is voting later today on the enhanced bailout fund for troubled economies in the Eurozone. On the eve of the vote a junior member of the governing coalition was still opposed to providing more money to heavily indebted countries such as Greece. Prime Minister Iveta Radicov...

October 11, 2011 10:10 AM

Sensex up 1.02% at 16,727 points

The BSE benchmark Sensex rose by over 170 points in opening trade today on sustained buying by funds and retail investors, tracking firm global cues. The 30-share BSE index, gained 764 points over the past two trading sessions, rose 1.02 per cent, to 16,727 points in the first five minutes of trade ...

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