The BSE benchmark Sensex on Thursday increased over 100 points in early trade on continual buying by funds and retail traders, mainly in banking and realty sector stocks. On the other hand, the wide-based National Stock Exchange index Nifty, increased 38 points to 6,185. Rising for the third straight session, the BSE’s 30-share calculate increased [...]
May 16 2013 | Posted in
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The rupee drops to as low as 55.15 in opening trades, its weakest since 8 January, 2013 At 9.08am, the rupee was at 54.94/95, marginally weaker than its close of 54.90/91 on Friday The Indian rupee hit a near two-month low in early trading on Monday, tracking losses in most other Asian currencies, although some [...]
Mar 4 2013 | Posted in
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Today Govt will present its Rail Budget in the Parliament. Pawan Kumar Bansal is going to present his first Railway Budget. Right now the predictions are not so good and are in favor of the Common Man as far as Railway Budget is concerned. Price of each commodity is rising now and the rate of inflation [...]
Feb 26 2013 | Posted in
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The BSE Sensex today dropped 300 points. Though Nifty remain apart from this and managed 5,850 at the time of close. Domestic share fell straight forward from the morning global equities that fell down made impact over it. There remained a very less liquidity in the market. Rumors are in the market that Federal Reserve might make less its bond buying program. “There is [...]
Feb 21 2013 | Posted in
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The only good news in this rising season of Inflation and high prices is that currently Rupee is bit stronger against Dollar. Though the gain is only of 8 Paise but it can bring some relief from the rising price of crude oils especially for India. The biggest reason behind the Ruppe hike is overseas market. The demand of [...]
Feb 20 2013 | Posted in
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Sensex today came 91 points down. Right now this is the lowest from last one month. Sensex today closed at 19,659.82. The main looser’s of the day are ITC, RIL and ICICI Bank. The medicine sector was one of those rare sector that was in profit at the closing of the day. BSE was already week at the start of the [...]
Feb 5 2013 | Posted in
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The tight situation of Rupee became more worst in early trade today. Rupee got declined by seven paise to Rs. 53.29 in late morning trade on Friday on mild dollar demand from banks and importers despite weakness in the U.S. currency overseas amid higher crude oil prices. Rupee was lowered at Rs. 53.25 per dollar as against [...]
Feb 1 2013 | Posted in
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The National Stock Exchange’s index Nifty on Today breached 6,100 level after 2 years on the back of steady capital inflows amid strong corporate earnings. The wide-based Nifty increased by 19 points, or 0.31 % to trade at 6,101.30 points, a level not seen since Jan 2011. However, profit booking emerged at 2-year high levels [...]
Jan 22 2013 | Posted in
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The Bombay stock exchange today reached to magical mark of 20,000 points. It took 2 years for BSE to reach at this certain point. Earlier BSE was on above 20,000 points in year 2010. This is the grand opening for the BSE and till its close much bigger change is expected. The major contribution to this jumps is regular [...]
Jan 15 2013 | Posted in
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The Security Exchange Board of India S.E.B.I has come up on a stand that it is going to recheck its current guidelines on the buyback guidelines. The SEBI is coming with a new set of rules and it is for sure that the new rules are going to be much hard and strict. The decision with apply on [...]
Jan 3 2013 | Posted in
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