Category: Stock Markets

India: PM’s GDP take hits market sentiment

India: PM’s GDP take hits market sentiment

| January 9, 2012 | 0 Comments

MUMBAI: The BSE Sensex fell by over 90 points in opening trade on Monday on sustained selling driven by economic growth concerns amid a weakening trend on other Asian bourses. The 30-share BSE benchmark index, which lost 18.93 points in the previous session, fell further by 90.19 points, or 0.57 per cent, to 15,758.61 in [...]

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Sensex gains 191 points in early trade

Sensex gains 191 points in early trade

| January 3, 2012 | 0 Comments

MUMBAI: The BSE benchmark Sensex rose by 191 points in early trade on Tuesday on buying by funds and retail investors, buoyed by a firming trend in Asian markets. The 30-share index, which has gained 63 points yesterday, moved up further by 191.52 points, or 1.23 per cent, to 15,709.44 points with metals, banking and [...]

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Bourses bid adieu to 2011 on a happy note

Bourses bid adieu to 2011 on a happy note

| December 30, 2011 | 0 Comments

HYDERABAD: The stock markets which bled and hit their two-year low this month showed some signs of improvement on the last working day of the year. The country’s largest public sector bank, the State Bank of India, and the largest private sector bank, ICICI Bank, led the stocks move northwards. Telecom major Bharti too moved [...]

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Sensex extends losses, down 72 points

Sensex extends losses, down 72 points

| December 29, 2011 | 0 Comments

The BSE benchmark Sensex extended its losses for the third con­secutive session today, losing over 72 points in opening trade on sustained selling by funds amid a weakening trend on other Asian bourses. The 30-share Sensex, which had lost almost 243 points in the past two trading sessions, fell further by 72.57 points, or 0.46 [...]

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Sensex drops by 193 points

Sensex drops by 193 points

| December 23, 2011 | 0 Comments

MUMBAI: The BSE benchmark Sensex fell by 193 points in early trade on Thursday as investors booked profits after Wednesday’s rally amid worries over slowing domestic growth. The 30-share Sensex, which closed up 510.13 points in the previous session, fell by 193.41 points, or 1.23 per cent, to 15,495.80. The wide-based National Stock Exchange Nifty [...]

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Sensex climbs 320 points in opening trade

Sensex climbs 320 points in opening trade

| December 21, 2011 | 0 Comments

MUMBAI: The BSE benchmark Sensex rallied by over 320 points in opening trade on Wednesday, led by financial stocks on the back of a fresh spell of buying by funds and retail investors influenced by a firming trend in global markets.The 30-share index, which has lost 827.41 points over the course of a five-session losing [...]

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Rupee down,Sensex quiet in early trade

Rupee down,Sensex quiet in early trade

| December 20, 2011 | 0 Comments

MUMBAI: The Indian rupee fell by 11 paise to `52.97 per US dollar in early trade on the Interbank Foreign Exchange today amid increased demand for the American currency from importers and strengthening of the dollar against the euro overseas. However, a higher opening in the equity market capped the rupee losses. Dealers said apart [...]

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Stock markets tank  to two-year low

Stock markets tank to two-year low

| December 19, 2011 | 0 Comments

MUMBAI: The BSE benchmark Sensex tumbled by 208 points in opening trade on Monday, extending its three-ses-­sion losing streak on concerns over slowing industrial grow­th amid a weakening trend on other Asian bourses and persisting worries about the Euro­pean debt crisis. This is a two-year low. The BSE was trading in this range in the [...]

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RBI saved stock markets’ ijjat

RBI saved stock markets’ ijjat

| December 16, 2011 | 0 Comments

NEW DELHI: Reserve Bank’s policy action may have failed in containing the Sensex slide to a two-year low, but its intervention in rupee movement has helped Indian stock market retain its trillion-dollar tag, at least for now. The market went into a tailspin on Friday, as the central bank’s decision to keep the interest rates [...]

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Rupee gains

Rupee gains

| December 16, 2011 | 0 Comments

MUMBAI: The Indian rupee gained 74 paise to Rs 52.90 per US dollar in opening trade on Friday after the Reserve Bank of India imposed restrictions on forward trading to check the slide of the domestic currency, which had tumbled to a record low of Rs 54.30 per dollar on Thursday. Dealers said the sharp [...]

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