Sensex closes 463 points lower

The hike in repo and reverse repo rates by the RBI today lead to steep fall in the market with BSE Sensex losing 463 points closing at 18534. The National stock exchange benchmark index Nifty also saw a significant downslide with a loss of 136 points to close at 5565. All sectoral indices were in th...

Sensex down by 328 pts in noon trade

The Sensex at the Bombay Stock Exchange plunged 328 points or 1.7 percent, to 18,670, in afternoon deals, a short while ago, on heavy selling in banking and other interest-rate-sensitive stocks, after the Reserve Bank today hiked key policy rates sharply to tame inflation. Earlier in the morning, th...

Sensex down by 328 pts in noon trad

The Sensex at the Bombay Stock Exchange plunged 328 points or 1.7 percent, to 18,670, in afternoon deals, a short while ago, on heavy selling in banking and other interest-rate-sensitive stocks, after the Reserve Bank today hiked key policy rates sharply to tame inflation. Earlier in the morning, th...

Sensex down by 328pts in noon trad<br/>

The Sensex at the Bombay Stock Exchange plunged 328 points or 1.7 percent, to 18,670, in afternoon deals, a short while ago, on heavy selling in banking and other interest-rate-sensitive stocks, after the Reserve Bank today hiked key policy rates sharply to tame inflation. Earlier in the morning, th...

RBI raises repo, reverse repo rates by 50 basis points each for current fiscal

In a bid to bring down inflation, the Reserve Bank of India, in its annual monetary policy review, today raised repo and reverse repo rates by 50 basis points each for the current fiscal. The rate rise is its ninth since March 2010, and exceeds market and economists&apos; expectations for a 25 b...

Rupee down by eight paise against US dollar

The Indian rupee depreciated by 8 paise to Rs 44.41 against the US dollar in early trade on the Interbank Foreign Exchange today, weighed down by dollar gains against other currencies overseas and a weak trend in the equity market. Forex dealers said the strengthening of the dollar against major cur...

Oil prices down in Asian trade today

Oil eased in Asian trade today as traders digested news of Osama bin Laden&apos;s death, but prices look set to be tied to the Arab world unrest and the dollar&apos;s value in the long run, analysts said. New York&apos;s main contract, light sweet crude for June delivery, was down 59 cen...

Sensex losses 97 pts in opening trade today

The BSE benchmark Sensex lost over 97 points in opening trade today on sustained selling by funds and retail investors amid fears of a hike in key interest rates by the Reserve Bank of India at its monetary policy review meeting today. The 30-share barometer, which has lost almost 604 points in the ...

Sensex closes 138 points lower

Country's exports went up by 37.55 %

The country&apos;s exports went up by an impressive 37.55 per cent to 245.86 billion US Dollars during the last financial year 2010-11. An official press release said that demand for Indian merchandise increased not just in Western economies, but in new markets like Latin America and Africa as w...