In contrast to carnage banking stocks have seen recently, FIIs bought banking shares The June quarter has been positive for equities, as foreign institutional investors (FIIs) continued to increase their stakes in the BSE 200 companies. On the other hand, individuals and mutual funds con…
Continue reading...BSE goes live on smartphones
The stock exchange launches its Android app BSE (former Bombay Stock Exchange) Ltd has launched a mobile application that allows investors to keep a track on markets on a real time basis. The new application allows investors a direct access to all 26 BSE indices. Investors can download …
Continue reading...Nifty hits lowest level since Sep, 2012. Rupee at record low of 64.50 against the Dollar
BSE Metal, FMCG, TECk, IT and Healthcare indices have slipped between 1-2% Markets trading at day’s low with Nifty hitting the lowest level since September 11, 2012. At 15:00 PM, 30-share Sensex was down 397 points to trade at 17,870 and the 50-share Nifty slipped 112 points at 5,289 …
Continue reading...Rupee breaches 63, down over 2%
MUMBAI: The rupee hit a record low on Monday as India’s defence of the currency failed to stop its decline but exacted a rising toll, with bond yields surging to five-year highs and investors demanding higher returns in an auction of cash bills. The partially convertible rupee tumb…
Continue reading...Black Friday for markets
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years The stock market was pummelled on Friday and had its worst day in nearly two years, on concerns over the falling rupee and rumours about a move to stop forei…
Continue reading...Highlights of Prime Minister’s Independence Day Speech
Dwells on Food Bill, Indo-Pak relations, infra development, Uttarakhand floods, submarine disaster,among other issues — Prime Minister expresses anguish over the loss of Navy’s frontline submarine Read More..
Continue reading...Indian stock markets to remain closed on Thursday (15-08-13)
Indian stock markets to remain closed on Thursday (15-08-13) on account of Independence day. …
Continue reading...Gold, silver maintain an upward march on firm global cues
New Delhi: The prices of both the precious metals, gold and silver, maintained an upward march for the third straight day in the national capital today on increased buying by stockists and jewellers to meet the festive season demand amid a firm global trend. While gold zoomed up by Rs 33…
Continue reading...Stock markets to remain closed on Friday (09-08-13)
Stock markets to remain closed on Friday (09-08-13) on account of Ramzan ID …
Continue reading...Rajan will be among the youngest to head RBI
He will be 50 years and six months old when he takes over as the 23rd governor on Sept 5 When noted economist Raghuram G Rajan takes over as Reserve Bank of India (RBI) Governor next month, he will be among the youngest to occupy the high chair at the central bank. Rajan, a former chief …
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