Business

December 22, 2009 1:20 PM

Sensex opens higher in opening trade on global cues

The Bombay Stock Exchange benchmark Sensex today rose by 110 points, in opening trade on fresh capital inflows by funds and retail investors driven by firming global markets. The 30-share index rose at 16,711 points. The BSE barometer had lost about 310 points in the previous three sessions.The wide...

December 22, 2009 10:22 AM

Rupee appreciates by 4 paise in early trade

The Indian rupee today appreciated by 4 paise against the US currency in early trade on hopes of fresh capital inflows into equity markets in line with firming trends on other Asian markets. At the Interbank Foreign Exchange market, the local unit appreciated to 46.81 a dollar. The rupee ended 13 pa...

December 21, 2009 9:38 PM

Sensex continues loosing trend; falls 119 pts

The Sensex at the Bombay Stock Exchange on Monday lost 119 points or 0.7 percent to close at 16, 601. Similarly, the Nifty at the National Stock Exchange index lost 35 points to close the day at 4,953.The market lacked necessary support from foreign investors, who are offloading their holdings befor...

December 21, 2009 6:50 PM

Sensex down by 119 pts

The Sensex at the Bombay Stock Exchange on Monday lost 119 points or 0.7 percent to close at 16, 601. Similarly, the Nifty at the National Stock Exchange index lost 35 points to close the day at 4,953.The market lacked necessary support from foreign investors, who are offloading their holdings befor...

December 21, 2009 12:13 PM

Sensex erases early gains, falls by 97 pts

The Bombay Stock Exchange Sensex surrendered early gains to trade lower by 97 points in late morning trade today after investors sold capital goods stocks to book profit. The 30-share index, which had opened higher by 31 points, fell by 97 points, or 0.52 per cent, to 16,622 points. The wide-based N...

December 21, 2009 10:40 AM

Rupee falls by 9 paise in opening trade

The rupee today depreciated by 9 paise to 46.81 a dollar in opening trade on increased demand for the US currency, which strengthened against major world currencies. Dealers said, demand for the US currency from importers put pressure on the Indian rupee.The dollar's gains against other cur...

December 19, 2009 9:34 PM

Mid-year economic review calls for urgent action to check soaring food prices

The mid-year review of the economy has called for urgent action to contain the rising prices of food articles hitting the common man hard. The review tabled in Parliament on Friday described the trend as a cause of concern. Recent data released by the government showed food inflation was nearly 20 p...

December 19, 2009 5:34 PM

Global airline passenger traffic dips to historical low

World airline passenger traffic fell 3.1 per cent in 2009, the biggest drop in aviation industry history, fuelled by the global financial downturn. Preliminary figures for airline travel this year showed that international traffic declined by about 3.9 per cent and domestic traffic by 1.8 per cent, ...

December 18, 2009 8:43 PM

Sensex slides 174 points

The Indian markets witnessed choppy trade through out the day today amidst weak global cues. The benchmark index at the Bombay Stock Exchange lost 174 points to end at 16,719. The equities saw huge fall in the last hour hours of trade. The sell-off was across all sectors, barring pharma and auto sec...

December 18, 2009 5:59 PM

Choppy trade witnessed at BSE

The Indian markets witnessed choppy trade through out the day today amidst weak global cues. The benchmark index at the Bombay Stock Exchange lost 174 points to end at 16,719. The equities saw huge fall in the last hour hours of trade. The sell-off was across all sectors, barring pharma and auto sec...

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