Sensex gains 349 points; Closes at 19,471<br/>

The Sensex at the Bombay Stock Exchange ended with a good gain of 349 points, or 1.8 percent, at 19,471 on Wednesday amid forecast of a normal monsoon, and firm global markets. The Nifty at the National Stock Exchange surged 111 points, or 1.9 percent, to 5,852.Stock markets in Japan, China, Hong Ko...

The tsunami and earthquake in Japan has hit the production of Japanese carmaker major Toyota. The company says, it will sharply curtail production in China because of shortage of parts. The production cut will be between 30 and 50 percent of normal capacity through early June.The March 11 disasters ...

SBI hikes base rate by 25 basis points making home loans and auto loans dearer

The Country&apos;s largest bank State Bank of India has announced a hike in its base rate by 25 basis points, making home and auto loans dearer. The Bank also increased its benchmark lending rate by the same margin which would mean the existing borrowers also have to pay more for their loans. Th...

BSE Sensex trading 102 up in afternoon session

The Sensex at the Bombay Stock Exchange opened 192 points, or 1 per cent higher at 19,314 this morning on renewed buying by funds, supported by a normal monsoon forecast and firm regional bourses. After easing somewhat, the Sensex still stood 102 points, or 0.5 per cent in the positive zone at 19,22...

BSE Sensex trading 86 points up in the afternoon session

The Bombay Stock Exchange benchmark Sensex that opened 192 points up paired some of its early gains to trade 86 points up at 19,208 points in the afternoon session. The Sensex had gained 30 points in Tuesday&apos;s volatile session. Stocks of financials, IT, capital goods and metal sectors led t...

ADB to provide 150 million US dollars to India

The Asian Development Bank (ADB) will provide India, 150 million US dollars in credit guarantees to increase solar power generation in the country. In a report released in New Delhi, the bank said that the credit will be available to local and foreign commercial banks that finance private sector sol...

BSE Sensex gains 192 points in early trade

The Bombay Stock Exchange benchmark Sensex opened 192 points higher or 1 per cent up to 19,313 points in opening trade today. It had gained 30 points in yesterday&apos;s volatile session. Stocks of financials, IT, capital goods and metal sectors led the rally in early trade. Similarly, the broad...

Rupee gains 14 paise against US dollar

The Indian rupee strengthened by 14 paise to Rs 44.34 per dollar at the Interbank Foreign Exchange today. The rupee had depreciated by 3 paise to close at Rs 44.48 a dollar in the previous session.

BSE Sensex gains

The Bombay Stock Exchange benchmark Sensex opened 192 points or 1 per cent to 19,313 points in opening trade today. It had gained 30 points in yesterday&apos;s volatile session. Stocks of financials, IT, capital goods and metal sectors led the rally in early trade. Similarly, the broad-based Nat...

State Bank of India hikes its base rate by 25 basis points making home loans and auto loans dearer

The Country&apos;s largest bank State Bank of India has announced a hike in its base rate by 25 basis points, making home and auto loans dearer. The Bank also increased its benchmark lending rate by the same margin which would mean the existing borrowers also have to pay more for their loans. Th...