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Sensex jumps 490 pts to 28-month high on rate cut hopes Sensex jumps 490 pts to 28-month high on rate cut hopes Investor wealth, as measured by market capitalisation, surged by a staggering Rs 1.30 lakh crore as three stocks rose for fall of every two.
Sensex recovers to end 31 pts higher; banking and pharma gain Sensex recovers to end 31 pts higher; banking and pharma gain After a better start, the 30-share Sensex fell to the day's low of 19,652.69 as investors adopted a cautious before Wholesale Price Index (WPI) based inflation data release.
Rupee down 8 paise at 54.81 vs dollar in early trade Rupee down 8 paise at 54.81 vs dollar in early trade Forex dealers said dollar strengthening against other currencies in the global market also put pressure on the rupee.
BSE Sensex recovers 110 points; Nifty reclaims 6K-level BSE Sensex recovers 110 points; Nifty reclaims 6K-level The BSE benchmark Sensex on Tuesday rose by over 110 points in mid-session trade on selective buying by funds, amid an improving trend on other Asian bourses.
Investor wealth slides by Rs 1 lakh cr as shares tank Investor wealth slides by Rs 1 lakh cr as shares tank Dragged down by massive selling in the stock market Monday, the total investor wealth -- measured by market capitalisation -- slumped by a whopping Rs 1 lakh crore as nearly two stocks out of three ended with losses.
Rupee recovers after touching 2-mth lows, ends 7 paise up at 54.73 Rupee recovers after touching 2-mth lows, ends 7 paise up at 54.73 After falling to over two-month low levels in early trade, the rupee Monday closed seven paise higher at 54.73 against the US dollar on fresh selling of the American currency by exporters and moderate FII inflows.
Sensex down 430 points; investors poorer by Rs 1 trillion Sensex down 430 points; investors poorer by Rs 1 trillion There was blood-bath in markets Monday as a wave of selling, triggered by a slew a factors like profit-booking and ballooning trade deficit, shaved over 430 points off Sensex -- its biggest fall in 14 months -- to end at one-week low, leaving investors poorer by Rs 1 lakh crore.
India IT infra spending to grow to $2.92 bn by 2017: Gartner India IT infra spending to grow to $2.92 bn by 2017: Gartner The Indian IT infrastructure market, comprising of servers, storage and networking equipment, is expected to grow by about nine percent to USD 2.92 billion by 2017, research firm Gartner said Monday.
Sensex tumbles 132 points in late morning deals Sensex tumbles 132 points in late morning deals The 30-share index resumed lower at 20,073.41 and hovered in a range of 20,109.08 and 19,967.12 before quoting 19,990.07 points at 1030 hours.
Canara Bank to raise up to $1 bn this month from overseas mkt Canara Bank to raise up to $1 bn this month from overseas mkt Canara Bank plans to raise up to USD 1 billion (about Rs 5,487 crore) through bonds this month from the overseas market to fund global business expansion.
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