Search Results for: Sensex

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Tobacco Institute of India urges Centre to address illegal cigarette trade

Legal cigarettes in India account for just 11 per cent of the overall tobacco consumption.

Mar 30, 2017

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Rupee hits near 1-1/2 year high; bonds rally, shares fall

The rally in the rupee sent IT shares lower, with Tech Mahindra Ltd down 2.2 percent and HCL Technologies Ltd down 1.9 percent.

Mar 27, 2017

Budget regional airlines, a step closer to reality; five airlines win bids for UDAN flights

The fares of UDAN flights have been capped at Rs 2,500 per hour, as per the regional connectivity scheme unveiled by PM Modi.

Mar 26, 2017

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KEC, Interglobe Aviation spurt on BSE; Shiv Sena MP Ravindra Gaikwad faces ban from Air India, SpiceJet, Jet, IndiGo

Select stocks such as IndiGo-owner Interglobe Aviation, Fortis, Future Retail, SpiceJet, KEC, ICICI Bank trade with gains on Friday.

Mar 24, 2017

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Titan, PC Jeweller, TBZ shares largely unaffected by limit on cash transactions

The Finance Bill 2017, amended by the Modi government, has put a limit of Rs 2 lakh on all cash transactions effective from April 1.

Mar 23, 2017

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Tata Motors leads Sensex rally; SpiceJet, KEC, Reliance Capital hit new 52-week high

The BSE Sensex was trading about 86 points higher at 29,254, led by Tata Motors and GAIL; SpiceJet, Reliance Capital and KEC hit new 52-week highs.

Mar 23, 2017

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Tata Motors shares fall even as car exports from Britain to India hit record high last year

Car exports from Britain to India, led by JLR shipments, rose to a seven-year high in 2016, reveals data; Tata Motors owns JLR.

Mar 22, 2017

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Avenue Supermarts closes 114% higher to issue price; Eros, MRF, Grasim hit new 52-week high

Retail chain D-Mart's parent company Avenue Supermarts ended up at Rs 640; Eros, MRF, Gujarat Gas, Grasim scaled fresh 52-week highs.

Mar 21, 2017

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Kajal Aggarwal makes interesting comments on 'overexposure'; MF investors would agree

Data released by Amfi reveals retail investors are exercising caution when it comes to equity MFs; actress Kajal Aggarwal talks of "overexposure", though in a different context.

Mar 21, 2017

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Idea Cellular shares trim losses, yet 7.4% down post merger announcement with Vodafone

Vodafone will hold 45 percent stake and Idea Cellular 26 percent in the merged entity that will dethrone Bharti Airtel as the largest Indian telecom service provider; shares of Idea Cellular are down 7.3 percent after early gains.

Mar 20, 2017

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ITC shareholders gain Rs 21,850 crore during the week from GST boost

Market capitalisation of cigarette maker ITC saw spurted after the GST announced a cap on mess, allaying fears of investors. TCS maintained its top status.

Mar 18, 2017

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SUVs, luxury cars likely to be cheaper after implementation of GST

Presuming that SUVs and luxury cars are taxed at the peak rate of 28 percent and 15 percent cess under GST, there is a marginal reduction from the current taxes.

Mar 18, 2017

Quick update on Indian stock, currency markets and foreign exchange reserves

Benchmark index Sensex is 375 points away from lifetime high while NSE Nifty closes at record high of 9,160, thanks to ITC; India's foreign exchange reserves stable.

Mar 17, 2017

ITC flares up on cess cap news; Music Broadcast sheds gains after listing

Shares of cigarette maker ITC flare up on BSE after the GST Council capped cess at 290 percent; Music Broadcast loses steam after listing while IT stocks gain.