Business

October 7, 2011 1:07 PM

Sensex up 414 pts in afternoon trade

The Sensex at the Bombay Stock Exchange that surged 481 points to regain the 16,000 mark in opening trade stood 414 points up at 16,206 in afternoon trade, a short while ago. All the sectoral indices were trading in the positive zone, with gains of up to 4.39 per cent on heavy buying by foreign fund...

October 7, 2011 1:00 PM

Sensex regains 16k level

The Sensex that surged 481 points to regain the 16,000 mark in opening trade stood 473 points up at 16,265 in late Friday morning deals.All the sectoral indices were trading in the positive zone, with gains of up to 4.39 per cent on heavy buying by foreign funds. The Sensex had lost almost 905 point...

October 7, 2011 12:35 PM

Rupee up 44 paise against dollar

The Indian rupee appreciated by 44 paise to 48 Rupees 90 paise against the US dollar in early trade today due to persistent selling of the American currency by banks and exporters, amid a firming trend in the domestic equity market and dollar weakness in overseas markets. The local currency had clos...

October 7, 2011 11:38 AM

Oil prices fall in Asian trade

Oil prices fell in Asian trade today as investors took profits after sharp overnight gains. New York's main contract, light sweet crude fell 10 cents to 79.58 dollar a barrel and Brent North Sea crude eased 38 cents to 102.44 dollar. Crude prices surged in New York trade on Thursdady after ...

October 6, 2011 9:35 PM

Gold rises by 0.7% at $ 1,651 per ounce

Gold firmed in Europe, today, as a strong recovery in equity markets cut selling of the precious metal to cover losses elsewhere, and as physical buyers took advantage of lower prices to stock up. Spot gold rose 0.7 percent, at 1,651 dollars an ounce, extending yesterday's one percent gains...

October 6, 2011 9:33 PM

Crude futures for November loses 29 cents at $ 102.44 per barrel

Brent crude oil futures dipped, on Thursday, after the European Central Bank left interest rates unchanged, disappointing traders after the UK Central bank's vote for a second round of money creation had raised hopes of further support. Brent crude futures for November lost 29 cents, at 102...

October 6, 2011 9:30 PM

US stocks closed higher on Wednesday

US stocks rebounded and closed higher for the second straight day, yesterday, on the back of better-than-expected economic data. Stocks also gained after reports that European officials were looking at a joint effort to back the region's embattled banks and stem the damage to Europe&apo...

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