MUMBAI: Equities were frozen at the upper circuit at open on Monday in reaction to UPA’s phenomenal win at the general elections. All sectoral indices surged with banking spearheading the rally. Trading has been halted for an hour. ( Watch ) Bombay Stock Exchange’s Sensex opened 10.7…

Read More..

The Bombay Stock Exchange will resume trading at 11:55am (IST) as the NSE Nifty hit 15% upper circuit the second 5% filter. The Bombay Stock Exchange will resume trading at 11:55am (IST) as the NSE Nifty hit 15% upper circuit the second 5% filter. In case of a 20% movement of the index,…

Read More..

The new Congress-led government is expected to announce a fresh economic stimulus during its first 100 days to pull the economy out of its present slowdown. Prime Minister Manmohan Singh had said during the election campaign that his government would come out with a stimulus within 100 da…

Read More..

Equity as an asset class outperforms all other asset classes in the long run. True. But, how do you pick the right company? It’s always important to spend time in knowing a company, its business, financial health and prospects. But do you have the time, resources and energy to study ab…

Read More..

MUMBAI: Drug maker Ranbaxy Laboratories Ltd will be replaced in Sensex by motorcycle maker Hero Honda on June 29, the Bombay Stock Exchange said said in a statement on Friday. Japan’s Daicchi Sankyo bought a majority stake in Ranbaxy last year. Japan’s Honda Motor Corp has a …

Read More..

At a time when most investors were bracing up for a sharp correction and new lows in the equity markets, the indices across the globe registered a smart recovery in the last 4-5 weeks. While a clear picture of signs of recovery is yet to emanate from most markets, this recovery has never…

Read More..

NEW YORK: U.S. stocks stumbled on Friday as energy shares dropped along with oil prices on worries about weak demand, overshadowing fresh reassuring economic data. A batch of reports, including consumer prices and sentiment, reinforced hopes that the recession was easing and gave the mar…

Read More..

Nobody loves to pay taxes. Unfortunately there is no way you can avoid it. Once, you cross a certain income level, you have very few ways to save taxes. That explains people’s obsession with the overcrowded section 80 C of the Income Tax Act. It covers scores of avenues—employee’s p…

Read More..

According to figures maintained by the World Federation of Exchanges (WFE), India’s premier bourse, the National Stock Exchange has become the leading exchange in the world in stock futures. The number of recorded trades therein by the exchange has catapulted it to become the biggest i…

Read More..

NEW DELHI: India’s ruling Congress-led coalition Saturday won a spectacular victory in the staggered Lok Sabha election, puncturing a disparate opposition, with Prime Minister Manmohan Singh set to govern the world’s largest democracy for five more years. In a performance tha…

Read More..