Sensex declines sharply, sheds 249 points

The Sensex declined sharply for the second straight session today, ending 249 points down on dampened Asian and European sentiment. The market opened on a firm note thanks to overnight gains in the US, but profit booking scuttled any chance of a rally and the the 30-share index finally closed at 17,...

Sensex down by 93 points in noon trade

The Bombay Stock Exchange benchmark Sensex gained over 79 points in opening trade today on fresh capital inflows by foreign funds. However later it lost its initial gains and was trading at 17408, down by over 93 points a short while ago. The wide-based National Stock Exchange's Nifty also ...

Rupee up by 3 paise against dollar

The Indian rupee appreciated by 3 paise to 44.48 a dollar in the opening trade today. The rupee closed lower by 15 paise at 44.51/52 a dollar in the previous session. Forex dealers said capital inflows into equities by foreign funds and stronger Asian currencies against the dollar, mainly provided s...

Kandla port to establish SEZ

In Gujarat, the Kandla port trust, which is the first major port in the country will establish the SPECIAL ECONOMY ZONE at the cost of eleven thousand crore rupees at Kandla. The Deputy chairman of the Kandla port trust M.A. bhaskaracharya disclosed this to our Bhuj correspondent Shailesh Vyas in an...

Sensex gains over 79 points in opening trade

The Bombay Stock Exchange benchmark Sensex gained over 79 points in opening trade today on fresh capital inflows by foreign funds.The sensex was trading at 17408, up by over 22 points when reports last came in. The wide-based National Stock Exchange's Nifty also moved up by 8 points to 5,23...

SEBI makes small, large investors on par

A new directive from capital market regulator, SEBI, coming into effect from today, requires institutional investors applying for initial public offers, or IPOs, to pay 100 per cent money upfront. Earlier, institutional investors were required to pay just 10 per cent money with their IPO application...

SEBI makes small, investors on par

A new directive from capital market regulator, SEBI, coming into effect from today, requires institutional investors applying for initial public offers, or IPOs, to pay 100 per cent money upfront. Earlier, institutional investors were required to pay just 10 per cent money with their IPO application...

Knadla port to establish SEZ

In Gujarat, the Knadla port trust, which is the first major port in the country will establish the SPECIAL ECONOMY ZONE at the cost of eleven thousand crore rupees at Kandla. The Deputy chairman of the Kandla port trust M.A. bhaskaracharya disclosed this to our Bhuj correspondent Shailesh Vyas in an...

Sensex down 173 points

New SEBI rule treats small & large IPO investors on par

A new directive from capital market regulator, SEBI, coming into effect from today, requires institutional investors applying for initial public offers, or IPOs, to pay 100 per cent money upfront. Earlier, instutional investors were required to pay just 10 per cent money with their IPO aplications, ...