Money News - Page 6

Rupee recovers marginally by one paisa at 62.18/$
The rupee pared its initial sharp losses to recover marginally by one paisa against the US dollar at Rs 62.18 in late morning trade today on mild bouts of dollar selling from banks and exporters.

Sensex snaps seven day losing streak, ends day higher by 128 points
Snapping seven days of losses, the benchmark BSE Sensex gained 128 points to close at 28,355.62 points.

Markets shrug off AAP victory in Delhi, Sensex recovers by 200 points
The BSE Sensex and Nifty rose over 1 percent on Tuesday on value buying in blue-chips such as ICICI Bank after a seven-day losing streak, as investors shrugged off worries that an anti-corruption party may win the Delhi state elections.

Rupee falls by 48p, ends near 4-week low of 62.17 vs dollar
rupee today declined by 48 paise to settle at nearly four-week low of 62.17 against the US currency due to capital outflows and fresh dollar demand from banks and importers.

Blood-bath on D-St as market sell-off intensifies, Sensex sheds almost 500 points
The BSE Sensex plunged 490 points, marking its seventh straight day of losses. The Nifty slipped 1.56 percent and closed below the psychological 8,550 levels.

Delhi polls, earnings weigh on as markets head for 7th day of decline
The BSE Sensex and Nifty continued their downward trend on Monday as the Delhi Election outcome and earnings weighed on sentiments.

Market value of top 5 Sensex cos up by Rs 36,780 cr in first week of Feb
The combined market capitalisation of top-five Sensex companies rose by Rs 36,780.23 crore last week, where IT majors TCS and Infosys stole the show with maximum rise in their valuation.

FIIs invest over Rs 12,000 cr in capital markets in first week of Feb
FIIs have pumped in nearly Rs 12,000 crore in Indian capital markets in the first week of this month following certain measures taken by financial sector regulators.

Rupee ends higher by 4 paise, closes at 61.69/$
The rupee firmed up further by 4 paise to close at 61.69 against the American currency on sustained selling of dollars by banks and exporters.

Sensex falls for 6th day in a row, posts worst weekly loss in 2 months
Sensex today extended its losing streak for the sixth session in a row, slipping by 133.06 points and logging its worst week in two months due to poor bluechip earnings coupled with uncertainty in view of Delhi assembly polls.

Sensex washes out initial gains, headed for 6th day of decline
Sensex washed out initial gains and was quoted lower by 82 points in late morning trade due to fresh selling in auto, banking, metal, power and realty sectors amidst mixed Asian cues.

Railways continues growth trajectory, April-Jan earnings up over 12%
Continuing the growth trajectory, railways have earned Rs 1,28,928.28 crore during April 2014-January 2015 as compared to Rs 1,14,428.52 cr during the same period last year, registering an increase of 12.67 percent.

Rupee washes out initial losses against $, edges up two paise at close
The Indian rupee washed out initial losses against the greenback to edge up by two paise at 61.73 on fag-end selling of dollars by banks and exporters.

Sensex ends in red for 5th day after shedding over 400 points intra-day
Sensex today reversed gains in the last ninety minutes and ended 32.14 points lower at 28,850.97, its weakest level in over two weeks, on sharp selling in power, realty and consumer durable shares amid weak global cues.

Sensex snaps 4-day fall on value buying, HDFC share sale
The BSE Sensex and the Nifty rose on Thursday on value buying in blue-chips after closing at their lowest in two weeks in the previous session, while a strong response to HDFC Bank's $1.6 billion share offering also bolstered sentiment for its rivals.

Sensex falls for fourth straight day, closes below 29,000 mark
xtending losses for the fourth straight day, the benchmark BSE Sensex today fell over 117 points to slip below the 29,000-mark

Sebi goes overboard on insider trading; its norms can be grossly unfair to innocents
What makes the Sebi’s overreach even more dangerous is the simultaneous ushering in of reverse jurisprudence

Coal India stake sale begins, stock tanks nearly 4% in early trade
The government's 10 per cent stake sale in bluechip Coal India, to raise an estimated Rs 22,600 crore, began on Friday morning.

Sensex hits fresh record high at open, Nifty inches towards 9,000 level
In previous ten sessions, the Sensex had recorded a massive rise of over 2,346 points, or more than 8 per cent.

Sensex hits 29000: Thank falling oil prices not Modi govt policies
The Sensex today breached its crucial resistance level of 29,000 for the first time ever led by strong buying by foreign institutional investors (FIIs) in the past five trading sessions.

New highs: Sensex crosses 29,000-mark, Nifty hits new peak of 8,754.65
Optimism among funds and retail investors over encouraging Q3 earnings by bluechip companies buoyed trading sentiments, brokers said.

Despite FII flow, markets to lose steam ahead of elections, budget: Morgan Stanley
For the rally in Nifty,Morgan Stanley says many stocks have now become more expensive than their fundamentals can allow.

Budget 2012: All that you need to know about personal taxes
Real benefit is for those earning in the Rs 8-10 lakh bracket as it will give a straight and flat tax relief to the extent of Rs 20,000 .

Rail stocks rally thanks to Indian Railways' fare, freight hike
Shares of companies engaged in railways-related businesses today rallied on the back of a hike in passenger fares and freight rates

Railway Budget 2014: These stocks have been in demand; will they remain buoyant?
The stocks have been on a roll as investors hope the government's infra push will give a boost to these companies
First correction, then highs: What analysts predict for Sensex, Nifty post Budget
Markets appear to believe planned reforms aren't just promises but will be implemented.<br />

Pre-Budget, Sensex, Nifty at life-time highs: 4 expectations markets are riding high on
Here are four key expectations from the forthcoming budget

Govt to sort out compensation issues for early GST roll-out, says FM Jaitley
Finance Minister Arun Jaitley today said the Centre would sort out compensation issues with states to ensure early roll-out of Goods and Service Tax, a new indirect tax regime that will subsume various levies.

Sensex breaches 26,000: These are the 5 stocks you should be watching on Budget day and after
The market, for now, is in the grip of raging bulls

SME Survey: Flexible regulations, easier business policies is an urgent need
According to a survey done by Firstbiz and Greyhound Knowledge group, Indian SMEs find starting and running a business difficult because of the prohibitive business climate. For this year's budget, what SMEs really want is a flexible regulatory policy.