Business

June 8, 2010 2:15 PM

Sensex gains 76 points in afternoon trade

The Sensex at the Bombay Stock Exchange gained 59 points, or 0.4 per cent, to 16,841, in opening trade, this morning, on renewed buying by funds at lower levels. Remaining firm, the Sensex stood 76 points, or 0.5 percent in the green, at 16,857, a short while ago. Other Asian bourses in Japan, South...

June 8, 2010 12:39 PM

Oil price rises in Asian markets

Oil prices rose to 72 dollars per barrel in Asian Markets today. The rise is on the back of forecast for a drop in U.S. inventories which fell by 900,000 barrels last week as imports declined. Newyork's Light sweet crude gained 11 cents to 71.55 dollars per barrel in the morning trade. ICE ...

June 8, 2010 11:00 AM

Rupee up by 12 paise against dollar

The Indian rupee appreciated by 12 paise to 46.96 a dollar in early trade on the Interbank Foreign Exchange on Tuesday. The rupee had closed lower by 22 paise at 47.08/09 against the dollar yesterday. Forex dealers said fresh capital inflow into equities by foreign funds provided support to the rupe...

June 8, 2010 10:17 AM

Sensex recovers 59 points in opening trade

The Bombay Stock Exchange benchmark Sensex today recovered by over 59 points in the opening trade. The Sensex was trading at 16,864 when reports last came in. Similarly, the wide-based National Stock Exchange's Nifty rose by 23 points to 5,057points. Marketmen said foreign funds were seen b...

June 8, 2010 9:21 AM

Sensex slumps 337 point, Nifty fell 102 points

Tracking weak global markets, the Sensex at the Bombay Stock Exchange slumped 337 points, or 2 percent, to 16,781, today. The Nifty at the National Stock Exchange slid 102 points, or 2percent, to 5,034. Markets fell across the globe, with key indices in Japan, China, Hong Kong, South Korea and Singa...

June 7, 2010 7:21 PM

Oil fells below 70$ in Asian trade today

Oil fell below 70 dollars in Asian trade, Monday , as a weak US jobs report continued to hurt investor sentiment. New York's main futures contract, light sweet crude for delivery in July fell 1.82 dollars, to 69.69 dollars a barrel on the NYMEX. Brent North Sea crude for July delivery shed ...

June 7, 2010 6:43 PM

Sensex slumps 337point, Nifty fell 102 points

Tracking weak global markets, the Sensex at the Bombay Stock Exchange slumped 337 points, or 2 percent, to 16,781, today. The Nifty at the National Stock Exchange slid 102 points, or 2percent, to 5,034. Markets fell across the globe, with key indices in Japan, China, Hong Kong, South Korea and Singa...

June 7, 2010 5:49 PM

Govt will enhance growth of food processing by 10 % : Sahai

Government today said that it will enhance the growth in food processing from 10 per cent to 20 per cent by next year. For this Indian Institute of Crop Processing Technology and Ministry of food Processing Industries entered into a memorandum with University of Saskatchewan Canada. Union Minister o...

June 7, 2010 5:20 PM

Ahluwalia supports hike in petrol & diesel prices

Ahead of the meeting of a ministerial panel on fuel prices, Planning Commission DeputyChairman Montek Singh Ahluwalia today spoke in favour of a hike in petrol and diesel rates. He said this is the right time to increase fuel prices. The Empowered Group of Ministers headed by Finance Minister Pranab...

June 7, 2010 2:16 PM

Sensex dips over 300 points in noon trade

The Sensex at the Bombay Stock Exchange tanked 431 points, or 2.5 percent, to slip below the 17,000 level, at 16,687, in opening trade, this morning, on heavy selling by funds and retail investors, amid slumping global markets. After recovering only partially, the Sensex still stood 337 points, or 2...

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