News

With SBI and Axis Bank shares shedding much of their gains and slipping into negative territory, the Bank Nifty appears to have lost steam and five of the 12 Nifty constituents are in the red in the afternoon trade today. However, Kotak Mahindra Bank, ICICI Bank and Canara Bank are holding on to much of Read More

Mumbai, March 5 (IANS) A benchmark index of Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), was trading flat in the afternoon session on Thursday. The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading flat, down 16 points or 0.18 percent at 8,906.65 points. The Sensex of the S&P Bombay Read More

Asian shares traded mixed on Wednesday as a strengthening Japanese currency and data showing sluggish growth in Australia damped sentiment. Meanwhile, a surprise rate cut by India’s central bank lifted Indian equities to new highs. Overnight, U.S. stocks pulled back from recent highs, closing lower in light volume trade as investors weighed soft auto sales Read More

Mumbai, March 4 (IANS) A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), Wednesday touched a new record high of 30,024.74 points as India’s central bank, the Reserve Bank of India, cut its key lending rates by 25 basis points, expecting inflation to soften further in the coming fiscal. The wider 50-scrip Read More

(MENAFN – Gulf Times) Indian stocks rose, with the CNX Nifty index topping 9,000 mark for the first time, amid expectations that Prime Minister Narendra Modi’s first full budget will make the South Asian nation the fastest growing in the world. Reliance Industries, the owner of the world’s largest refining complex, climbed the most in Read More

Mumbai, March 4 (IANS) A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), Wednesday touched a new record high of 30,024.74 points as India’s central bank, the Reserve Bank of India, cut its key lending rates by 25 basis points, expecting inflation to soften further in the coming fiscal. The wider 50-scrip Read More

MUMBAI (Reuters) – The Nifty rose to a record high on Tuesday, led by gains in Reliance Industries (RELI.NS) after CLSA said the conglomerate could report a record profit for the fourth quarter. The 50-share index rose as much as 0.58 pct to 9,008.40, surpassing its previous record of 8,996.60 hit on Jan. 30. Hopes Read More

Benchmark indices closed higher for third straight session with Nifty hitting 9,000 mark in intra-day trades. Gains were led by sustained buying in IT and pharma shares with index heavyweight Reliance Industries contributing the most after CLSA said that the company’s refining margins may rise to a six-year high. The Read More

Benchmark indices closed higher for third straight session with Nifty hitting 9,000 mark in intra-day trades. Gains were led by sustained buying in IT and pharma shares with index heavyweight Reliance Industries contributing the most after CLSA said that the company’s refining margins may rise to a six-year high. The 30-share Sensex ended higher by Read More

(RTTNews.com) – Indian shares rose on Tuesday, with the Nifty index hitting a record high to rise above the psychological 9,000 level, aided by renewed foreign fund flows as the euphoria over Budget continued. Underlying sentiment remained positive on expectations that the Modi government’s move to allow fungibility by Read More

Georgia halts execution of state’s only female death row inmate Georgia halted the planned Monday execution of the only woman on death row in the state due to problems with the drugs to be used in the lethal injection, officials said. Kelly Renee Gissendaner, 46, condemned for the murder of her husband in 1997, would Read More

Benchmark indices continue to trade in a narrow range with Sensex and Nifty swinging between negative and positive zone. At 10:53AM, the 30-share Sensex was up 47 points at 29,506 and the 50-share Nifty gained 5 points at 8,962. However, the broader markets are outperforming the benchmark indices- BSE Read More

Mumbai, March 2 (IANS) A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), closed Monday’s trade up 98 points or 0.33 percent. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also made gains during the day’s trade. It closed Monday’s trade 54.90 points or 0.62 percent up at 8,956.75 points. Read More

16:31 HRS IST Mumbai, Mar 2 (PTI) The benchmark Sensex today continued its upward journey for the third straight session, rising over 97 points higher to end at 29,459.14 while the Nifty index closed at a new peak of 8,956.75 led by surge in capital goods and banking shares boosted by Budget proposals. Barring Maruti Read More

MUMBAI (Reuters) – The Nifty marked its highest closing level on Monday as infrastructure-related stocks ranging from capital goods makers such as Larsen & Toubro to cement makers and power sector lenders surged on the federal budget’s infra push. The 50-share index gained 0.62 percent to 8,956.75, surpassing its previous record of 8,952.35 hit on Read More

?Nifty March Futures (8,797) The Nifty futures contract is trading on a positive note ahead of the Budget tomorrow. The contract opened with a gap up at 8,769 and fell to a low of 8,752.30 initially. However, the fall was short-lived and the contract has reversed sharply higher from this low. The intraday outlook is Read More