Business

June 16, 2010 10:42 AM

Rupee raises by 17 paise against dollar in opening trade

The Indian rupee appreciated by 17 paise to 46.39 a dollar in early trade on the Interbank Foreign Exchange on Wednesday. The rupee had closed lower by 7 paise at 46.56/57 against the dollar in Tuesday's trading.Forex dealers said that fresh capital inflow into equities by foreign funds pro...

June 16, 2010 10:40 AM

Sensex gains 111 points in early trade

The Bombay Stock Exchange benchmark Sensex rose further over 111 points in early trade on Wednesday. The sensex was trading at 17,490, up 77 points when reports last came in. Similarly, National Stock Exchange index nifty was trading 15 points up at 5237.Analysts said the market remained firm in tan...

June 15, 2010 9:20 PM

Gold plunges 85 rupees

Gold fell 85 rupees, to 18,940 rupees per ten grams at Delhi's bullion market, today, on profit-booking, and a weak global trend. Silver ready declined 100 rupees, to 29,550 rupees per kilo.In New York, gold had slipped 6.10 dollars, to 1,221.40 dollars an ounce last evening.

June 15, 2010 9:14 PM

Sensex surges to 6 week high at 17413 points

Rising for the fifth straight session, the Sensex at the Bombay Stock Exchange gained 75 points, or 0.4 percent, to close at a fresh six-week high of 17,413, today. The Sensex rose amid encouraging initial reports of advance tax payments by frontline companies, and positive European markets. The Nif...

June 15, 2010 6:13 PM

Crude oil softens in Asian trade

Crude oil dipped slightly in Asian trade, today, as Greece's credit standing suffered another knock, which offset positive European industrial production numbers. New York's main futures contract, light sweet crude for delivery in July slid 7 cents, to 75.05 dollars a barrel. Brent...

June 15, 2010 6:12 PM

Asian stock markets end mixed

Asian stock markets ended mixed, today. So Japan's Nikkei 225 index and Hong Kong's Hang Seng index inched up 0.1%, each; but South Korea's Kospi index fell marginally; and Singapore's Strait Times index closed flat. China's Shanghai Composite index is cl...

June 15, 2010 6:11 PM

RBI will consider appropriate policy actions to bring down inflation: Centre

The government today said the Reserve Bank will consider appropriate policy actions to tighten money supply to bring down inflation.Talking to reporters in New Delhi today the Finance Minister Pranab Mukherjee said that food inflation has started coming down a little bit. He said with expectation of...

June 15, 2010 6:10 PM

RBI will consider appropriate policy actions to bring down inflation: Centre

The government today said the Reserve Bank will consider appropriate policy actions to tighten money supply to bring down inflation.Talking to reporters in New Delhi today the Finance Minister Pranab Mukherjee said that food inflation has started coming down a little bit. He said with expectation of...

June 15, 2010 6:08 PM

US stocks end little changed in low-volume session on Monday

U.S. stocks ended little changed in a low-volume session, on Monday, after Moody's downgrade of Greece's government bond ratings to junk status, citing the risks in the joint euro-zone and IMF rescue package for the debt-laden country, took the wind out of the market's sai...

June 15, 2010 5:53 PM

Sensex rise for the 5th straight session, gains 75 points

Rising for the fifth straight session, the Sensex at the Bombay Stock Exchange gained 75 points, or 0.4 percent, to close at a fresh six-week high of 17,413, today. The Sensex rose amid encouraging initial reports of advance tax payments by frontline companies, and positive European markets. The Nif...

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