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BSE Sensex rises over 100 points; Nifty hits 30-month high BSE Sensex rises over 100 points; Nifty hits 30-month high Also, the wide-based National Stock Exchange index Nifty, surged 29 points to 6,175.
Nifty surges 151 points riding high on rate cut hopes Nifty surges 151 points riding high on rate cut hopes Riding on interest rate cut hopes and frenzied buying spree, the benchmark CNX Nifty skyrocketed by a staggering 151 points and settled at 28-month high on the National Stock Exchange (NSE) on Wednesday.
Tata Comm to delist from NYSE on low trading volume Tata Comm to delist from NYSE on low trading volume Tata Communications Ltd (TCL) Wednesday said it has decided to delist from the New York Stock Exchange (NYSE) due to low trading volume of its shares.
Realty, bank, auto stocks gain on rate cut hopes Realty, bank, auto stocks gain on rate cut hopes Interest-rate sensitive bank, realty and auto stocks emerged as the day's star performers, notching up gains in the 3-8 percent range, amid hopes of a rate cut by RBI following inflation dropping to over three-year lows.
Rupee closes 3 paise higher at 54.78 on rally in equities Rupee closes 3 paise higher at 54.78 on rally in equities A strong dollar weighed on rupee but the local currency managed to erase early losses and settle 3 paise higher at 54.78, amid signs of massive capital inflows.
United Breweries shares surge over 3% on bourses United Breweries shares surge over 3% on bourses Shares of Vijay Mallya-owned United Breweries Wednesday surged over 3 percent, after the company said Heineken UK Ltd has acquired 3.21 percent stake in it.
Chidambaram leaves for 3 nation tour to woo investors Chidambaram leaves for 3 nation tour to woo investors In a bid to sell India story and lure overseas investments, Finance Minister P Chidambaram on Wednesday embarked on a three-nation tour to UK, France and Qatar.
RBI to take note of falling inflation in next policy review RBI to take note of falling inflation in next policy review Reserve Bank of India has said it would take into account falling inflation while deciding on policy initiative in its review next month.
RBI to launch inflation-linked bonds on June 4 RBI to launch inflation-linked bonds on June 4 The Reserve Bank on Wednesday announced it will launch inflation-linked bonds every month, starting June 4, to attract household savings of up to Rs 15,000 crore this fiscal so as to discourage investments in gold.
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