Sensex reclaims 40K mark in early trade

The benchmark BSE Sensex reclaimed the 40,000 mark, rallying nearly 300 points in early trade Friday led by gains in banking and IT stocks amid positive domestic cues and strong foreign fund inflow. After hitting a high of 40,119.81, the 30-share index was trading 271.12 points, or 0.68 per cent, higher at 40,103.09. In similar […]

Continue Reading

Sensex, Nifty open lower on weak domestic, global cues

Domestic equity benchmarks BSE Sensex and NSE Nifty started on a choppy note Tuesday tracking downbeat global market sentiment and foreign fund outflows. The BSE gauge Sensex fell 61.88 points to trade at 37,028 in early deals, while the NSE Nifty declined 18.45 points to 11,129.75. On Monday, Indian bourses registered losses for the ninth […]

Continue Reading

SBI books Rs 838 cr net income

Better asset quality and a 100 bps dip in credit cost helped the largest lender State Bank Friday report a net income of Rs 838 crore for the March quarter as against a net loss of Rs 7,718 crore a year ago, and also guide towards sunnier days. For the full year to March, SBI, […]

Continue Reading

Sensex recovers over 200 pts in early trade

The benchmark BSE Sensex recovered over 200 points Tuesday led by gains in banking and IT stocks despite weak global cues. The 30-share index was trading 169.69 points, or 0.44 per cent, higher at 38,770.03. Similarly, the broader NSE Nifty was up 38.70 points, or 0.33 per cent, at 11,636.95. Top gainers in early session […]

Continue Reading

Gold at Rs 31,000 amid festive buzz

Gold hit the Rs 31,000-mark today by gaining Rs 100 to trade at over one month high on persistent buying by local jewellers amid festive buzz, even as the metal weakened overseas. Silver also advanced by Rs 50 to Rs 38,300 per kg due to increased offtake by industrial units and coin makers. Traders said […]

Continue Reading

RBI staff to go on mass leave on Sept 4, 5 over pension issues

The United Forum of Reserve Bank Officers and Employees today said its members will go on mass casual leave on September 4 and 5, pressing their long-pending demands over pension related issues. According to a press release, United Forum today held a silent demonstration near the RBI office here which witnessed the participation of various […]

Continue Reading

Sensex hits historic 38,000 mark

The BSE Sensex hit the 38,000 level for the first time today on widespread buying in banking, energy and PSU stocks amid unabated inflows by domestic and foreign institutional investors. The broader NSE Nifty too touched a new peak of 11,495.20. The 30-share Sensex climbed 162.56 points, or 0.42 per cent, to 38,050,12 in early […]

Continue Reading

Sensex hits 37,000 mark; Nifty tops 11,100

The BSE Sensex hit the 37,000 level for the first time today on widespread buying in capital goods, FMCG, realty and banking stocks amid heavy buying by domestic institutional investors and positive global cues. NSE Nifty too touched a new peak of 11,172.20. Short-covering of bets, today being the last session of July expiry in […]

Continue Reading

Sensex retreats from record level

After scaling a record high of 36,747.87 in early trade, the benchmark BSE Sensex fell nearly 200 points in afternoon trade after a no-confidence motion against the Modi government was moved in the Lok Sabha today. Speaker Sumitra Mahajan said she would announce the date for a debate on it in “2-3 days”. The BSE […]

Continue Reading