Sensex closes flat, bank stocks gain
Mumbai – A benchmark index of Indian equities markets closed Thursday’s trade 42 points or 0.20 percent up amidst derivatives expiry and buying support from foreign institutional investors (FIIs). The 30-scrip S&P Sensex of the Bombay Stock Exchange (BSE), which opened at 21,051... read more »
Sensex trades flat during pre-noon trade
Mumbai – A benchmark index of Indian equities markets was trading flat at 47.43 points or 0.23 percent up during the pre-noon trade Thursday. All the sectors were trading in green. Good buying was observed in capital goods, consumer durables, auto and healthcare sectors. The 30-scrip... read more »
Rupee down 12 paise on dollar demand
The rupee on Thursday weakened by 12 paise to 61.91 against the dollar in early trade at the Interbank Foreign Exchange market due to demand for the U.S. currency from importers. Forex dealers said besides dollar’s gains against other currencies overseas, increased demand from importers for the... read more »
Bharatiya Mahila Bank to open four branches in northeast
Agartala – The Bharatiya Mahila Bank (BMB) will open four more branches in four capital cities of the northeastern states, officials said here Tuesday. “Four branches of BMB would be set up in Agartala (Tripura), Shillong (Meghalaya), Gangtok (Sikkim) and Itanagar (Arunachal Pradesh)... read more »
More from Economy
RBI-reference rate for US dollar, euro
The Reserve Bank of India on Monday fixed the reference rate of rupee against U.S. dollar at 62.1024 and the euro at 85.4284 as against 62.1266 and 85.4135 on last Friday. In a press... read more »
Sensex closes 50 points down; oil and ! gas stocks down
Mumbai – A benchmark index of Indian equities markets ended Monday’s trade 50 points or 0.24 percent down, as inflation data dashed any hopes of the apex bank easing on monetary... read more »
Sensex trades flat during early session
Mumbai – A benchmark index of Indian equities markets was trading flat at 1.10 points or 0.01 percent down in the early morning trade Monday. Selling pressure was observed in oil and... read more »
Chidambaram calls for high level of probity in capital market
Mumbai – Pitching for high level of probity, Finance Minister P Chidambaram today said Indian capital markets are facing many concerns including low level of retail participations,... read more »
Wal-Mart names Krish Iyer as India unit head
New Delhi – US retail major Wal-Mart Stores Friday named Krish Iyer as the president and chief executive officer (CEO) of its India unit, effective Jan 20, 2014, a company statement said... read more »
