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July 7, 2010 11:26 AM
The Indian rupee dropped by 30 paise to a one-month low of 47 rupees 20 paise against the US dollar on the back of persistent demand from importers and banks as the American currency firmed up overseas. The domestic unit opened lower at 46 rupees 93 paise per dollar against yesterday's clos...
July 7, 2010 10:16 AM
The rupee weakened by 11 paise to a touch one-month low of 47.01 against the dollar in early trade today. This follows foreign fund capital outflows from equities and increased demand from importers.The rupee had closed lower by 13 paise at 46 rupees 91 paise against the US dollar in the previous se...
July 7, 2010 10:12 AM
Oil prices edged up in tepid Asian trade today. This follows recent falls on concerns about the US economic recovery.New York's main contract, light sweet crude for delivery in August, rose 13 cents to 72.11 dollars a barrel.Brent North Sea crude for August delivery gained 19 cents to 71.64...
July 7, 2010 10:09 AM
The Sensex today opened 55 points lower as funds and retail investors preferred to book profits after yesterday's rally.The 30-share index, which had gained 173 points in the previous to 17,559 points. Banking, metal and IT stocks came under selling pressure and were trading in the negative...
July 6, 2010 9:06 PM
The Sensex at the Bombay Stock Exchange posted a good gain of 173 points, or 1 percent, to 17,614, on revival of monsoon rains, and amid firm global markets, today. The Nifty at the National Stock Exchange rose 53 points, or 1 percent, to 5,289. Stock markets in Japan, China, Hong Kong, South Korea,...
July 6, 2010 8:24 PM
Central transmission utility PowerGrid Corp today said that the company is planning to invest 2,034.81 crore rupees on expansion over the next three years. The board of PowerGrid Corp, which met on July 2, 2010, gave investment approval of over 1,272 crore rupees for strengthening of transmission ne...
July 6, 2010 5:58 PM
Oil prices fell to fresh one-month lows in Asian trade, today, shadowing equities markets, as weak US employment data continued to put a dampener on trader sentiment. New York's main contract, light sweet crude for delivery in August shed 80 cents, to 71.34 dollars a barrel. Brent North Sea...
July 6, 2010 5:54 PM
The Sensex at the Bombay Stock Exchange posted a good gain of 173 points, or 1 percent, to 17,614, on revival of monsoon rains, and amid firm global markets, today. The Nifty at the National Stock Exchange rose 53 points, or 1 percent, to 5,289. Stock markets in Japan, China, Hong Kong, South Korea,...
July 6, 2010 1:55 PM
The Sensex was trading in green in the noon trade today; it was up by 147 points at 17589. Earlier, it opened nearly 60 points higher in the morning trade as stocks of companies like Reliance Industries and Infosys staged a moderate recovery on emergence of buying by funds. The 30-share index, which...
July 6, 2010 10:14 AM
Weakness in Asian currencies saw the Indian rupee fall by 3 paise to 46.80 against the US dollar in early trade, but gains in domestic equities helped cap the losses. The domestic currency has been losing ground to the US dollar over the past three trading sessions. The rupee had closed 1 paise lowe...
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