Search Results for: Sensex

indian-stocks-rise-more-than-450-points-ahead-of-budget

Indian stocks rise more than 450 points ahead of budget

Mumbai / New Delhi, Feb 27 (ANI): The Bombay Stock Exchange (BSE) Sensex and Nifty rose nearly two percent on Friday, their best single-day advance in six weeks, as blue chips rallied on hopes the Indian government would deliver a budget that increases public investment but sticks broadly to its fiscal deficit targets. The benchmark BSE Sensex closed 1.65 percent higher at 29,220.12, its biggest single-day gain since January 20. The broader Nifty gained 1.85 percent to 8,844.60, its best single-day gain since January 15. BSE president, Ashish Chauhan, expected pro-growth and pro-reform budget. The Confederation of Indian Industry (CII) asked the government to target and cut subsidies. Feb 27, 2015
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Finance Minister Jaitley to present Economic Survey 2014-2015 in Parliament

New Delhi, Feb 27 (ANI): Finance Minister Arun Jaitley is all set to present the Economic Survey 2014-2015 in the Parliament on Frriday. The documents of the economic survey has already reached the Parliament and is being inspected and checked by the security officials along with sniffer dogs. The survey reviews the developments in the Indian economy over the past year. It highlights the performance on major development programmes and policy initiatives of the government, say reports. The survey also points out the prospects of the economy in the short to medium term and is presented to both Houses of Parliament. Meanwhile, investors have maintained cautious stance ahead of the Economic Survey even as sensex gains over 150 points. Feb 27, 2015
sensex-hits-all-time-high-market-expert-says-obamas-visit-to-india-very-productive

Sensex hits all time high, Market Expert says Obamas visit to India very productive

Mumbai, Jan 27 (ANI): As the S&P BSE Sensex opened on a positive note for eighth straight session led by gains in capital goods, auto and power sectors, Market Expert Sunil Shah credited the development to US President Barack Obama’s visit to India. Shah said that Obama’s visit to India is very productive and that the sentiments have been positive as the market us trading above 100 points. Capital goods and infrastructure stocks are likely to be in action following India and the US moved ahead towards commercial nuclear cooperation. At 9:40AM, the 30-share Sensex was up 95 points at 29,374 and the 50-share Nifty was up 9 points at 8,844. However, Shah advised the investors to not indulge in trading immediately and have some patience. Jan 27, 2015
market-expert-reacts-as-sensex-crosses-29k-mark

Market expert reacts as sensex crosses 29k mark

Mumbai, Jan 22 (ANI): The barometer index of the Indian equities market - the S&P BSE Sensex - breached the 29,000 points mark setting a new record on Thursday. Market Expert Sunil Shah said that the market will be good throughout the day. Jan 22, 2015
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