bse-closes-points-193-74-up-on-may-19

BSE closes points 193.74 up on May 19

New Delhi, May 19 (ANI): Trading at the Bombay Stock Exchange today closed 193.74 points up to stand at 24,315.48. At the National Stock Exchange the Nifty closed 50.80 points up to stand at 7,253.05. JP POWER and MMTC were among the top gainers of Group A with an increase of 31.45% and 19.97% along with Suzlon Energy and JP INFRATEC with an increase of 19.95% and 19.90% respectively, while the top losers of Group A include Wockhardt and IPCA Lab with a decrease of 7.72% and 6.75% along with TCS and Dr Reddys Lab with a decrease of 6.38% and 5.77% at the close of the markets. The Auto sector is up 5.38 points at 14,236.00 while the banking sector is up 443.72 points at 17,438.08 and the realty sector is up 110.90 points at 1,716.47. The Indian currency is down 0.34% at Rs 58.59 per dollar. May 19, 2014
Asian Shares Bounce from 4-week low

Asian Shares Soft, China Slowdown Fears Resurface

Chinese shares led Asia markets down on Monday, as concerns about slower growth in the world's second-biggest economy checked risk appetite and took a large slice off Australian equities. May 19, 2014
An employee counts rupee notes at a cash counter inside a bank in Kolkata.

Rupee Sees Best Week in Eight Months; Hits 11-month High

The rupee strengthened to its highest level in 11 months on Friday and posted its best weekly gain in eight months as the Bharatiya Janata Party and its allies headed towards an overwhelming majority in the country's elections, sending shares to record highs. May 17, 2014
A supporter of BJP waves the party flag during celebrations after learning of initial poll results outside the party headquarters in New Delhi

Five Challenges for Modi's New Government

A landslide election victory for Narendra Modi's Bharatiya Janata Party (BJP) has created euphoria in India's financial markets, driving shares to life-time highs and the rupee to its strongest level against the dollar in 11 months. May 17, 2014
nitishs-resignation-is-partys-decision-new-leader-will-be-elected-soon-sharad-yadav

BSE closes points 216.14 up on May 16

New Delhi, May 16 (ANI): Trading at the Bombay Stock Exchange today closed 216.14 points up to stand at 24,102.52. At the National Stock Exchange the Nifty closed 79.85 points up to stand at 7,198.05. Indiabulls Real Estate and Sobha Dev were among the top gainers of Group A with an increase of 19.00% and 11.99% along with Punjab National Bank and Reliance Capital with an increase of 11.77% and 11.05% respectively, while the top losers of Group A include Financial Technology and Tata Steel with a decrease of 5.00% and 4.68% along with Dabur India and Cadila Health with a decrease of 3.83% and 3.64% at the close of the markets. The Auto sector is up 124.26 points at 14,230.62 while the banking sector is up 714.62 points at 16,994.36 and the realty sector is up 90.41 points at 1,605.57. The Indian currency is down 0.31% at Rs 58.98 per dollar. May 16, 2014
Narendra Modi

Modi Wins Election by a Landslide

Opposition candidate Narendra Modi will be the next prime minister of India, with counting trends showing the pro-business Hindu nationalist and his party headed for the most resounding election victory the country has seen in thirty years. May 16, 2014
Voting agents from various political parties make notes as polling officials count votes at a counting centre in Allahabad

BJP-led Alliance Ahead in 324 Seats, BJP in 272 Seats

Results in the general election put opposition leader Narendra Modi on course for a landslide victory on Friday, handing him an unfettered mandate to launch his agenda to revive growth and create jobs. May 16, 2014
how-to-find-the-best-home-for-yourself

Sensex crosses 25,000-mark, up 4.64% in early trade

Mumbai, May 16 (ANI): The BSE Sensex on Friday touched a life high of 25,033.36 in trade while the Nifty hit a new record high of 7,459.40, as early vote counts in the general elections showed the BJP led NDA leading. The partially convertible rupee was trading at 58.80 per dollar by 9:39am after hitting as much as 58.71. With billions of dollars at stake the outcome of the high-octane elections are critical to decide on investment decisions. May 16, 2014
A customer hands a bundle of Indian Rupee currency notes to a teller at a financial institution in Mumbai (Reuters)

State Banks to Seek Market Funds on Modi Growth Hopes

State banks plan to tap capital markets for billions of dollars after a new government takes office, executives and bankers say, betting on a revival in credit demand and giving them a chance to shore up battered balance sheets. May 16, 2014
Narendra Modi

Vote Count puts Modi on Course for Resounding Win

Early counting of results in India's general election put opposition leader Narendra Modi on course for a resounding victory that would hand him a clear mandate for his agenda to revive growth and create jobs. May 16, 2014
A customer hands a bundle of Indian Rupee currency notes to a teller at a financial institution in Mumbai (Reuters)

Rupee Hits Near 10-month High, Biggest Gain in Three Weeks

The rupee strengthened to its highest level in about 10 months on Thursday, while also posting its biggest single-day gain in nearly three weeks on the back of sustained dollar inflows into domestic shares ahead of election results. May 15, 2014
fast-food-workers-strike-in-us-for-pay-union-rights

BSE closes points 90.48 up on May 15

New Delhi, May 15 (ANI): Trading at the Bombay Stock Exchange today closed 90.48 points up to stand at 23,905.60. At the National Stock Exchange the Nifty closed 14.40 points up to stand at 7,123.15.Titan Company Ltd. and Apollo Tyres were among the top gainers of Group A with an increase of 5.99% and 5.64% along with National Aluminium Co.Ltd. and Tata Chemicals Ltd. with an increase of 5.51% and 5.34% respectively, while the top losers of Group A include JandK Bank and Asian Paints with a decrease of 5.45% and 4.89% along with Motherson Sumi and Tata Chemicals with a decrease of 4.81% and 4.58% at the close of the markets. The Auto sector is down 65.84 points at 14,106.36 while the banking sector is up 23.32 points at 16,279.74 and the realty sector is down 16.94 points at 1,515.16.The Indian currency is down 0.59% at Rs 59.33 per dollar. May 15, 2014