Business

December 30, 2010 11:12 AM

Rupee gains 16 paise against US dollar

The Indian rupee surged by 16 paise to 44 rupees 88 paise per dollar in early trade. At the Interbank Foreign Exchange the Indian currency was boosted by dollar weakness against other Asian currencies and a higher opening in the stock market.The rupee had gained 5 paise to close at 45 rupees 04 pais...

December 30, 2010 10:33 AM

BSE Sensex gains 82 points in opening trade

Extending Wednesday's rally, the Sensex rose by almost 82 points in opening trade today. The rise was led by IT, tech, capital goods, metal and realty stocks.The 30-share index of the Bombay Stock Exchange rose to 20,338 in the first few minutes of trade. The barometer had gained over 231 p...

December 30, 2010 10:30 AM

Oil rises in Asian trade today

Oil rose in Asian trade today on expectations that the freezing temperatures in the northern hemisphere will stoke demand.New York's main contract, light sweet crude for February delivery, rose three cents to 91.15 dollars per barrel.Brent North Sea crude for February was up 14 cents at 94....

December 29, 2010 7:24 PM

Gold up by Rs165

Gold climbed 165 rupees, to 20,955 rupees per ten grams at Delhi's bullion market, on Wednesday, on buying for the ongoing marriage season. Silver spurted 1,200 rupees, to a new record high of 46,200 rupees per kilo, on strong demand from industrial units, and firm global cues.In the global...

December 29, 2010 7:24 PM

Sensex gains 231 pts to close at six-week high

The Sensex at the Bombay Stock Exchange gained 231 points, or 1.2 percent, to close at a six-week high of 20,256, on Wednesday, ahead of the monthly expiry in the derivatives segment, and amid rising Asian markets. The Nifty at the National Stock Exchange jumped 64 points, or 1.1 percent, to 6,060.S...

December 29, 2010 7:24 PM

FM rules out systemic failure in alleged fraud at Citibank

Finance Minister Pranab Mukherjee on Wednesday ruled out any systemic failure in alleged fraud at Citibank which is estimated at 400 crore rupees. Talking to reporters in New Delhi on Wednesday, he said, there are regular regulations and all other precautions are being taken. An FIR for cheating and...

December 29, 2010 2:17 PM

Sensex gains over 180 points in afternoon trade

The Sensex at the Bombay Stock Exchange which had added 76 points in the opening trade this morning later made further gains to stand 189 points, or one per cent in the green, at 20,215, a short while ago. The domestic market rose on the back of fresh buying by investors, ahead of the monthly expiry...

December 29, 2010 1:45 PM

BSE Sensex gains over 139 points in afternoon trade

The BSE benchmark Sensex gained over 100 points in afternoon trade today. The Sensex was trading at 20,164, up by 139 points a short while ago. The gain in the stock market is due to fresh buying by funds and covering-up of pending short positions ahead of monthly expiry in the derivatives segment t...

December 29, 2010 12:53 PM

BSE Sensex gains over 139 points a short while ago

The BSE benchmark Sensex gained over 100 points in afternoon trade today. The Sensex was trading at 20,164, up by 139 points a short while ago. The gain in the stock market is due to fresh buying by funds and covering-up of pending short positions ahead of monthly expiry in the derivatives segment t...

December 29, 2010 12:05 PM

BSE Sensex gains 88 points a short while ago

The BSE benchmark Sensex rose by over 76 points in opening trade today.The sensex was trading at 20,114, up by 88 points a short while ago. The gain in the stock market is due to fresh buying by funds and covering-up of pending short positions ahead of monthly expiry in the derivatives segment tomor...

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