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Sensex up 116 pts, Nifty above 11,550 mark

Sensex Nifty up:The Sensex and Nifty opened higher on Friday following firm Asian markets along with gains in the pivotal banking stocks. Sentiments continued to be upbeat on Friday over sustained inflows of foreign funds which has supported the equities and the domestic currency alike. The rupee gained against the US dollar and selling in

Sensex up 250 points, oil, gas stocks surge

Sensex up 250 points:Amid mixed global cues Sensex surged close to 250 points as key equity indices opened in green on Monday, owing to gains in the banking and finance stocks. Healthy buying was seen in all the sectors with BSE Oil and Gas index leading the pack, closely followed by banking and finance scrips.

Key Indian equity market indices opened lower in Mumbai

Taking a cue from global markets, the key Indian equity market indices on Thursday opened lower after the fiscal deficit data reached at 113.7 per cent of the full year’s target.The market, however, started cheering as the GDP and Eight Core Industries (ECI) data showed signs of economic recovery.The Sensitive Index (Sensex) of the BSE,

Sensex Mumbai Trade BSE Points Negative Market

Mumbai Sensex: Markets open on a negative note on Wednesday

 The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade. The Sensex of the BSE after opening at 34,155.63 points, touched a high of 34,174.37 and low of 34,076.45 points. On Tuesday the Sensex closed at 34,346.39 points.The Sensex is trading at 34,134.05 down by 212.34

Rupee slips 4 paise against dollar in early trade

Rupee slips 4 paise against dollar in early trade

The rupee depreciated by 4 paise to 63.94 against the US currency in early trade today on dollar demand from importers.The rupee’s weakness against the dollar was in line with global trend where the greenback rose against global currencies on better-than-expected US growth data. Domestic markets opening higher however helped the rupee cap losses, currency traders

BSE to auction investment limits for Rs 11K cr govt bonds

For all the Latest news download Daily Post news app:- Click For Android Click For IOS Leading stock exchange BSE will auction investment limits tomorrow for foreign investors to purchase government debt securities worth Rs 10,922 crore. The auction will be conducted on BSE’s ebidxchange platform from 1530 hours to 1730 hours, after the close

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Sensex gets off record high, dives 222 points

A back-to-back record-setting run on Thursday made stocks do a reality check when the Sensex plunged over 222 points and the Nifty cracked below 9,500 in early session amid dollar outflows and a sluggish trend overseas. All sectoral indices flashed red, down by up to 1.19 per cent, with realty, consumer durables, bank and auto

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Sensex makes a retreat from record after rally fatigue

Stocks showed signs of fatigue today after two back-to-back record-setting sessions as the benchmark Sensex struggled to maintain its momentum, with investors shifting focus to taking profit. Weak Asian cues weighed, too.The 30-share index after hitting a fresh lifetime high (intra-day) of 30,620.72 at the outset slipped to 30,524.86, down 57.74 points, or 0.18 per

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PNB records Q4 profit at Rs. 262 crore

State-owned lender Punjab National Bank on Tuesday reported a net profit of Rs 261.9 crore for the three months to March 2017. Standalone net loss was Rs 5,367.1 crore in the same quarter of the previous fiscal, the bank said in a BSE filing.Total income increased to Rs 14,989.33 crore in the quarter, from Rs

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Rupee turns weaker against dollar, down 6 paise

The rupee saw a marginal drop of 6 paise to 64.11 against the US dollar in opening session today in the midst of fresh demand for the American unit.However, what limited the rupee’s fall was the US dollar sliding in the global market and a spectacular opening in domestic equities, traders said.Yesterday, re-asserting its dominance

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BSE warns brokers on unauthorised trades

Noticing an increasing tendency among some brokers to place unauthorised orders on behalf of clients, premier bourse BSE has asked them to exercise extra caution and do due diligence while executing trades.“…it has been gathered that there have been growing instances of placing unauthorised orders, on behalf of clients…the trading members are hereby advised to

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Sensex, Nifty up by 49, 15 points respectively

Markets continued to ride the wave of gains early on Friday with the BSE Sensex rising by about 49 points and the Nifty by over 15 points, driven by sustained rally in IT, tech, auto and metal sector stocks amid sustained foreign fund inflows.Besides, optimistic buying by investors ahead of macroeconomic data — industrial production

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IMD’s rain forecast boosts sentiments, Sensex, Nifty touch record intra-day highs

With the IMD’s prediction of 100 per cent rainfall giving a boost to investors’ sentiments, the Indian equity markets zoomed higher during the mid-afternoon trade session on Wednesday.The benchmark indices touched record intra-day high levels, as positive global cues and healthy buying in automobile, capital goods and FMCG stocks, too, supported the upward trajectory. The

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Markets open on a higher note on Wednesday

The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a higher note during the morning session of the trade. The Sensex of the BSE after opening at 29,988.78 points, touched a high of 30,063.96 points and a low of 29,987.44 points.On Tuesday the Sensex closed at 29,933.25 points. The Sensex is trading at 30,065.47 points

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Realty stocks hog the limelight; surge up to NINE per cent

Shares of realty and housing finance companies made smart gains by surging up to 9 per cent today, after the much-awaited Real Estate Act came into force, although only 13 states and UTs have so far notified rules.From the realty pack, Godrej Properties surged 8.86 per cent, Sobha Ltd gained 6.48 per cent, Indiabulls Real

BSE likely to file draft IPO prospectus early next month

Mumbai: Leading bourse BSE is targeting tofile draft papers with capital markets regulator Sebi for its much-awaited initial public offer (IPO) by early next month. BSE is looking to raise about Rs 800 crore from its initial share-sale programme, which is expected to be entirely an offer for sale (OFS). As per sources, the exchange

Colgate-Palmolive Q1 net profit jumps 8% to Rs 126 cr

New Delhi: FMCG major Colgate-Palmolive India today posted an 8.43 per cent rise in standalone net profit at Rs 125.72 crore for the first quarter ended June 30, 2016. The company had reported a net profit of Rs 115.94 crore for the April-June period of the last fiscal. Its net sales were up 12.49 per

BSE to auction investment limits for govt bonds

New Delhi: Leading bourse BSE will auction investment limits for overseas investors for the purchase of government debt securities worth Rs 4,818 crore. The auction will be conducted on BSE’s e-bidxchange platform, from 3.30 pm to 5.30 pm, after the close of market hours. The debt auction quota gives overseas investors the right to invest