The Bank of Japan (BOJ) has given an upbeat assessment of the Japanese economy and hinted that it may soon withdraw some emergency support measures. The Deputy governor of the bank Hirohide Yamaguchi said the economy was now entering a positive cycle as it was showing signs of improvement. The bank ...

Sensex trades in red on profit-booking

Snapping its three-session winning streak, the Sensex at the Bombay Stock Exchange slipped 80 points, to 16,631 in opening trade on Friday, on profit-booking and weak Asian markets. Remaining in the red, the Sensex stood 48 points, or 0.3 percent lower, at 16,663, a short while ago. Key stock indice...

Oil prices dip in Asian trade

Oil prices eased in Asian trade on Friday, hit by profit-taking and weaker stockmarkets, dealers said, although the losses were limited on upbeat data from the US, the world's biggest energy user. New York's main contract, light sweet crude for October delivery, fell 40 cents to 72...

Sensex opens in red

The Bombay Stock Exchange benchmark Sensex slipped by over 80 points in opening trade on Friday snapping its three-session winning streak. The BSE-30 share benchmark Sensex, which had gained over 495 points or 3.06 per cent in the past three sessions, fell by 80.22 points or 0.48 per cent at 16,630....

Rupee slips 8 paise against US dollar in opening trade

The Indian rupee today fell by 8 paise to 48.23 against the US currency in early trade after a three-session rising streak. The dollar's rise against other currencies also put pressure on the Indian rupee. At the Interbank Foreign Exchange (Forex) market, the domestic unit traded 8 paise do...

Sensex closes marginally higher, 34 pts up

Rising for the third straight session, the Sensex at the Bombay Stock Exchange closed with a modest gain of 34 points, or 0.2 percent, at 16,711, today. The Nifty at the National Stock Exchange, which crossed the 5,000-point level in intra-day trade, added 7 points, or 0.1 percent, to 4,966.br/br/Ot...

Sensex closes marginally higher, 34 pts up

The upward streak in the Indian Stock Markets continued today amidst choppy trade. The BSE Sensex ended with a moderate gain of 34 points to close at 16,711. Shares of IT, auto and consumer goods stocks moved up marginally on volatile trade. The wide-based Nifty at the National stock exchange also e...

FDI expected to recover by 2011

The Global Foreign Direct Investment inflows continue to slide in this year but expected to recover by 2011. According to World Investment Report 2009 released on Thursday in New Delhi said that FDI inflows will fall from about 1.7 trillion US dollars in 2008 to below 1.2 trillion dollar in 2009. Th...

Nifty crosses 5000 mark, Sensex up 142 points

The National Stock Exchange index, Nifty crossed the 5,000 points landmark in Thursday morning trade for first time in 16 months to quote at 5,003. The Bombay Stock Exchange benchmark index also gained 142 points to 16,820 points, the highest level achieved so far this year. The Sensex was at 16,771...

Inflation turns positive; rises to 0.12 %

Inflation turned positive for the first time in three months. It rises to 0.12 per cent during the week ended September 5 as foodstuff became costlier. The rate of price rise stood at minus 0.12 per cent in the previous week. Food items in raw form became dearer by 2.2 per cent. Poultry chicken pric...