bse-closes-points-94-60-down-on-dec-17

BSE closes points 94.60 down on Dec 17

New Delhi, Dec 17 (ANI): Trading at the Bombay Stock Exchange today closed 94.60 points down to stand at 26,686.84. At the National Stock Exchange the Nifty closed 44.90 points down to stand at 8,022.70. ABAN and GREAT EASTERN SHIPPING CO.LTD. were among the top gainers of Group A with an increase of 6.07% and 6.01% along with RURAL ELECTRIFICATION CORPORATION LTD. and TORRENT POWER LTD. with an increase of 5.41% and 4.69% respectively, while the top losers of Group A include WOCKHARDT LTD. and PMCFIN with a decrease 10.45% and 10.00% along with BF UTILITIES LTD. and POLARIS with a decrease of 9.66% and 8.02% at the close of the markets. The Auto sector is down 304.97 points at 17,999.93 while the banking sector is up 42.17 points at 20,478.05 and the reality sector is down 23.17 points at 1,475.07. The Indian currency is up 0.16% at Rs 63.63 per dollar. Dec 17, 2014
pakistan-sells-out-pok-resources-to-china

Pakistan Sells Out PoK Resources to China

Muzaffarabad, December 16, 2014: Pakistan goes ahead with Chinese projects in PoK defying local resistance, Islamabad selling Pakistan's natural resources to China without consent of Kashmiris. Notwithstanding India's objections and International norms to China-backed developmental projects in PoK, Pakistan is going ahead with its plans, including the multi-billion dollar Sino-Pak economic corridor. Chinese strategy vis--vis PoK appears to be heading toward gaining tacit control of the region - both militarily and politico-diplomatically. By increasing investments and sponsoring various "development projects" in the Gilgit-Baltistan region of PoK, the activities involving several thousand Chinese personnel belonging to the construction corps of the People's Liberation Army (PLA) seem to point towards an expansionist Chinese geo-strategic agenda in the region. China's Western Highway, also known as the Lhasa-Kashgar/Xinjiang Highway connects Xinjiang to Tibet. From Quilanaldi, the road branches off to the Khunjerab Pass and, subsequently, becomes the Karakoram Highway right up to Gilgit. Pakistan is also selling off mines in the region. Locals are here very angry. Dec 16, 2014
bse-closes-points-538-12-down-on-dec-16

BSE closes points 538.12 down on Dec 16

New Delhi, Dec 16 (ANI): Trading at the Bombay Stock Exchange today closed 538.12 points down to stand at 26,781.44. At the National Stock Exchange the Nifty closed 152.00 points down to stand at 8,067.60. JET AIRWAYS and HCL TECH were among the top gainers of Group A with an increase of 7.20% and 4.58% along with TCS and CMC with an increase of 3.40% and 2.48% respectively, while the top losers of Group A include PMCFIN and UNITECH with a decrease 19.05% and 10.75% along with JAIN IRRIGATION SYSTEMS LTD and PIPAVAVDOC with a decrease of 9.96% and 9.08% at the close of the markets. The Auto sector is down 299.08 points at 18,304.90 while the banking sector is down 612.41 points at 20,435.88 and the reality sector is down 59.19 points at 1,498.24. The Indian currency is down 0.87% at Rs 63.49 per dollar. Dec 16, 2014
bse-closes-points-31-12-down-on-dec-15

BSE closes points 31.12 down on Dec 15

New Delhi, Dec 15 (ANI): Trading at the Bombay Stock Exchange today closed 31.12 points down to stand at 27,319.56. At the National Stock Exchange the Nifty closed 4.50 points down to stand at 8,219.60. MMTC and Sunrise Asian Limited were among the top gainers of Group A with an increase of 12.41% and 9.86% along with ATUL and JPINFRATEC with an increase of 8.26% and 7.73% respectively, while the top losers of Group A include PMCFIN and JETAIRWAYS with a decrease 9.18% and 7.19% along with PIPAVAV DEFENCE AND OFFSHORE ENG LTD. and ABAN OFFSHORE LTD. with a decrease of 6.02% and 5.55% at the close of the markets. The Auto sector is down 70.52 points at 18,603.98 while the banking sector is up 73.08 points at 21,048.29 and the reality sector is down 32.94 points at 1,557.43. The Indian currency is up 1.02% at Rs 62.92 per dollar. Dec 15, 2014
mamata-banerjee-faces-heat-as-her-minister-is-arrested-in-saradha-scam

Mamata Banerjee faces heat as her minister is arrested in Saradha scam

New Delhi/ Kolkata, Dec 13 (ANI): Political leaders mounted pressure on West Bengal Chief Minister Mamata Banerjee on Saturday, a day after one of her senior ministers Madan Mitra was arrested by the CBI in the multi-million dollar Saradha scam. Mitra is the third senior member of Banerjee's regional Trinamool Congress who has been arrested by CBI for their involvement in the scam. Earlier, Kunal Ghosh and Srinjoy Bose were also arrested by the police in connection with the scam. Dec 13, 2014
bse-closes-points-251-33-down-on-dec-12

BSE closes points 251.33 down on Dec 12

New Delhi, Dec 12 (ANI): Trading at the Bombay Stock Exchange today closed 251.33 points down to stand at 27,350.68. At the National Stock Exchange the Nifty closed 68.80 points down to stand at 8,224.10. KPIT and AMARAJABAT were among the top gainers of Group A with an increase of 5.57% and 4.73% along with EMAMI LTD and Jubilant Food Works Ltd. with an increase of 4.32% and 4.24% respectively, while the top losers of Group A include Sunrise Asian LTD and PMC Fincorp LTD with a decrease 18.94% and 12.71% along with JETAIRWAYS and SUNTV with a decrease of 9.44% and 7.99% at the close of the markets. The Auto sector is down 86.93 points at 18,674.50 while the banking sector is down 113.96 points at 20,975.21 and the reality sector is down 40.20 points at 1,590.37. The Indian currency is up 0.01% at Rs 62.33 per dollar. Dec 12, 2014
bse-closes-points-229-09-down-on-dec-11

BSE closes points 229.09 down on Dec 11

New Delhi, Dec 11 (ANI): Trading at the Bombay Stock Exchange today closed 229.09 points down to stand at 27,602.01. At the National Stock Exchange the Nifty closed 62.75 points down to stand at 8,292.90. SREI INFRASTRUCTURE FINANCE LTD. and NETWORK18 were among the top gainers of Group A with an increase of 16.26% and 10.90% along with GRUH and DHFL with an increase of 6.17% and 5.37% respectively, while the top losers of Group A include HAVELLS and HDIL with a decrease 8.81% and 6.19% along with SCI and BEML with a decrease of 5.05% and 5.03% at the close of the markets. The Auto sector is down 152.74 points at 18,761.43 while the banking sector is down 69.07 points at 21,089.17 and the reality sector is down 33.71 points at 1,630.57. The Indian currency is up 0.47% at Rs 62.31 per dollar. Dec 11, 2014
Russian having a cup of tea

Tea Exports to Russia a Losing Proposition

Russia, the world's largest importer of tea has come under pressure from the fall in ruble, leading to margins coming under severe pressure for Indian exporters. Dec 11, 2014
bse-closes-points-34-09-up-on-dec-10

BSE closes points 34.09 up on Dec 10

New Delhi, Dec 10 (ANI): Trading at the Bombay Stock Exchange today closed 34.09 points up to stand at 27,831.10. At the National Stock Exchange the Nifty closed 14.95 points up to stand at 8,355.65. SKS MICROFINANCE LTD and GITANJALI were among the top gainers of Group A with an increase of 10.76% and 8.83% along with PIPAVAVDOC and AJANTA PHARMA LTD with an increase of 8.10% and 6.40% respectively, while the top losers of Group A include HAVELLS and RASOYPR with a decrease 6.73% and 4.92% along with ABAN and VAKRANGEE with a decrease of 4.39% and 3.46% at the close of the markets. The Auto sector is up 68.56 points at 18,914.17 while the banking sector is up 211.09 points at 21,158.24 and the reality sector is up 4.29 points at 1,664.28. The Indian currency is up 0.21% at Rs 62.01 per dollar. Dec 10, 2014