A prominent body of Indian stock brokers today demanded both Bombay Stock Exchange and National Stock Exchange to maintain status-quo in their trading hours until adequate infrastructure is in place. “We are of the view that it is necessary to maintain status-quo on the timing, til…

Read More..

Today, Sensex mange to close at 17401.56, ending at its 19th month’s high. Nifty on the other side, touched 5214, ending 9.55 points higher, making a its new 2009 high. The day began on a strong note, with the NSE Nifty touching a new high for the year early in the morning. However…

Read More..

Notwithstanding the huge gains seen in 2009 and despite some challenges going ahead, analysts expect the overall trend to remain positive in the next year as well After a stellar performance in 2009, the Indian stock market is set to move higher in 2010 believe most research houses and b…

Read More..

Hatoyama is the first Japanese PM to visit India in 25 years. Visiting Japanese Prime Minister Yukio Hatoyama will meet top Indian industrialists in Mumbai on Monday to discuss the state of the global economy, the impact of the financial meltdown and ways to tackle it, the environment ag…

Read More..

FII buying over the past few days and led to Markets making new high. The foreign institutional investors (FIIs) flocked back by pouring in a record Rs 80,000 crore in domestic equities so far in 2009. Fresh buying by FII’s led to domestic investors putting in more money even in th…

Read More..

Thursday, Nifty closed at 5,178, ending 34 points higher, Sensex gained 130 points to close at 17,360. Nifty manged to make a Intraday high of 5,197, and a low of 5,129. Sensex made a Intraday high of 17,413 and a low of 17,197. In Asia, the Nikkei in Japan was up 1.5%, while Australia&#…

Read More..

Economy grows at 2.2 percent pace in 3rd quarter; recovery slower than previously thought By Jeannine Aversa, AP Economics Writer , On Tuesday December 22, 2009, 9:02 am WASHINGTON (AP) — The economy grew at a 2.2 percent pace in the third quarter, as the recovery got off to a w…

Read More..

Facing opposition from a section of brokers for advancing opening of the stock market by an hour, the National Stock Exchange (NSE) today said it would not allow trading beyond scheduled 1530 hours. “There is unanimity in the market that we ought not extend trading beyond 3:30 P.M….

Read More..

Dhanalakshmi Bank is aiming for a total business of Rs 12,000-crore and hire 300 more personnel to take its total headcount to 4,000 by FY10, a senior bank official said. “We crossed the Rs 10,000-crore business mark on Saturday. We hope to close FY10 with a total business of Rs 12…

Read More..

Prime Minister Manmohan Singh today assured a delegation of Congress MPs from coastal Andhra Pradesh and Rayalseema regions that a decision on the Telangana issue could be taken by tomorrow. “He (PM) said that he understands that it is a grave situation. He said he is sitting with …

Read More..