Business

May 11, 2010 1:35 PM

Sensex down 166 pts in noon trade

Sensex fell by 166 points at 17164 in the noon trade today. It opened over 92 points down after rising the most in nearly 10 months in the previous session. The 30-share index had surged 561 points in yesterday.The National Stock Exchange's Nifty fell 42 points to 5,151 points.Brokers said ...

May 11, 2010 11:50 AM

Sensex down 150 pts in noon trade

Sensex fell by 150 points at 17182 in the noon trade today. It opened over 92 points down after rising the most in nearly 10 months in the previous session. The 30-share index had surged 561 points in yesterday.The National Stock Exchange's Nifty fell 42 points to 5,151 points.Brokers said ...

May 11, 2010 11:12 AM

Rupee depreciates by 12 paise

The rupee eased by 12 paise to 44.96 a dollar in early trade today. This follows capital outflows by foreign funds from equities. Yesterday, the rupee closed sharply higher by 64 paise, the biggest single-day gain in nearly 12 months at 44 rupees 84 paise a dollar, on heavy selling of the US currenc...

May 11, 2010 10:04 AM

Oil rises in Asian trade

Oil prices were firmer in Asian trade today on expectations of improving energy demand. The boost was caused by the EU-IMF Euro zone rescue package and Chinese oil consumption.New York's main contract, light sweet crude for June delivery, gained 22 cents to 77.02 dollars a barrel.Brent Nort...

May 11, 2010 9:53 AM

Sensex down 92 pts in opening trade

Sensex fell by over 92 points in the opening trade today after rising the most in nearly 10 months in the previous session.The 30-share index, which surged 561 points in yesterday, edged lower by 0.53 per cent to 17,238.Realty, metals, auto and oil and gas sector stocks were under pressure, dragging...

May 10, 2010 8:18 PM

Rupee rises by 64 paise against dollar

The rupee today surged by a whopping 64 paise against the US dollar, the biggest one-day gain in nearly 12 months. This follows heavy selling of the American currency amid its loss against euro.Euro climbed against the dollar after EU and IMF unveiled a combined 1 trillion dollar rescue package to s...

May 10, 2010 7:35 PM

Gold tumbles by Rs 380 per ten grams

Gold prices tumbled 380 rupees, to 17,720 rupees per ten grams at Delhi's bullion market, today. Silver ready fell 300 rupees, to 28,600 rupees per kilo.In the global markets, gold fell one per cent, to 1,196.10 dollars an ounce, after the European Union agreed to a rescue plan to contain s...

May 10, 2010 7:18 PM

Oil rebounds in Asian trade

Crude oil prices rebounded to near 77 dollars a barrel in Asia, today, from last week's 14 per cent sell-off after Europe and the IMF pledged nearly one trillion dollars to help defend the embattled euro. Benchmark crude for June delivery rose 1.74 dollars, to 76.85 dollars a barrel on the ...

May 10, 2010 6:00 PM

Sensex ends 561 points up

Snapping a five-session losing streak, the Sensex at the Bombay Stock Exchange gained a massive 561 points--its biggest single day gain in ten months--to close at 17,331, today. The Nifty at the National Stock Exchange zoomed 176 points, or 3.5 percent, to 5,194. The domestic bourses climbed amid a ...

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