Business

December 10, 2009 10:58 AM

Stock market opens in red down by 66pts

The Bombay Stock Exchange benchmark Sensex today fell by 66 points in early trade on increased selling by foreign funds driven by weak Asian markets. The 30-share index moved down to 17,059 points. Meanwhile, the wide-based National Stock Exchange index Nifty declined by 20.85 points to 5,091 points...

December 10, 2009 9:34 AM

Spain credit outlook cuts sto negative from stable ratings

Spain has had its credit outlook cut to negative from stable by the ratings agency Standard & Poor's. The agency said Spain faced a deeper deterioration in public finances and a longer period of economic weakness than it had previously expected. The news rattled European markets whi...

December 9, 2009 6:55 PM

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Rupee depreciates vs dollar

The Indian rupee today depreciated by 19 paise to a two-week low of 46.86 against the US dollor in early trade .It had closed 11 paise down at 46.67/68 against the dollar in yesterday's trading. The depreciation is due to dollar buying by banks and importers and fears of capital outflows af...

December 9, 2009 5:23 PM

Sensex ends 102 points down on weak global cues

Weak global cues pushed the Indian markets into consolidation today. The benchmark index at the Bombay Stock Exchange today closed at 17,125.22 down 102.46 points. Continuous selling in banking, metal, and FMCG and power stocks pushed the indices to trade lower. However, some buying was seen in tele...

December 9, 2009 2:48 PM

utilization of N-power plants has increased: Govt

The government today said that the capacity utilization of Nuclear Power Plants has improved over the last year. The Minister of State in PMO informed the Lok Sabha today that the capacity utilization of the reactors which was 50 percent in 2008-09 has gone up to nearly 60 percent for the period bet...

December 9, 2009 2:17 PM

Sensex trading in red slips 62pts

Markets are trading in red today due to fresh selling by retail investors and foreign funds triggered by weak global cues. The Bombay Stock Exchange benchmark Sensex lost over 62 points to quote at 17165 when reports last came in. .Simialrly, Nifty index of National Stock Exchange was down by 22 poi...

December 9, 2009 12:04 PM

Sensex regains loss; down by only 26pts at 1200hrs

The Bombay Stock Exchange benchmark Sensex today fell by nearly 117 points in early trade. However later it gained some points and was down by only 26 points to quote at 17201 when reports last came in..Simialrly, Nifty index of National Stock Exchange was down by 10 points at 5137. Analysts said th...

December 9, 2009 11:40 AM

Rupee deciates vs dollar

The Indian rupee today depreciated by 19 paise to a two-week low of 46.86 against the US dollor in early trade .It had closed 11 paise down at 46.67/68 against the dollar in yesterday's trading. The depreciation is due to dollar buying by banks and importers and fears of capital outflows af...

December 9, 2009 11:39 AM

Sensex opens in red down by 117 pts

The Bombay Stock Exchange benchmark Sensex today fell by nearly 117 points in early trade. Analysts said the fall is due to fresh selling by retail investors and foreign funds triggered by weak global cues.The Sensex was trading at 17169 , down by 58 points when reports last came in. Simialrly, Nift...

December 9, 2009 9:45 AM

Crude oil prices slips for 5th consecutive day

Oil prices have fallen for the fifth day in a row weighed down by a stronger U.S dollar and amid concerns over demand. Prices dropped after the U.S Energy Information Administration lowered its forecast for global oil demand in 2010. The dollar also gained against a basket of currencies making oil w...

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