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Narendra Modi

India Inc's Reaction on Narendra Modi Victory: FICCI and ASSOCHAM Expect Bold Economic Reforms

India Inc has expressed happiness over the clear mandate given to the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) to form the government at the Centre, confiding that a stable government will pave the way for healthy economic growth by taking bold economic reforms. FICCI and ASSOCHAM are hopeful that Narendra Modi would bring about big changes to the country. May 16, 2014
ec-bans-victory-processions-in-up-congress-welcomes

BSE closes points 56.11 down on May 14

New Delhi, May 14 (ANI): Trading at the Bombay Stock Exchange today closed 56.11 points down to stand at 23,815.12. At the National Stock Exchange the Nifty closed 1.60 points down to stand at7,108.75. Indian Bank and Canara Bank were among the top gainers of Group A with an increase of 11.73% and 11.05% along with TV18 Broadcast and Central Bank with an increase of 10.68% and 10.37% respectively, while the top losers of Group A include Bajaj Finance Limited and Future Retail with a decrease of 4.35% and 3.85% along with Mahindra & Mahindra and Dr Reddys Lab with a decrease of 3.51% and 3.17% at the close of the markets. The Auto sector is down 3.60 points at 14,172.20 while the banking sector is up 49.94 points at 16,256.42 and the realty sector is up 63.44 points at 1,532.10. The Indian currency is up 0.00% at Rs 59.68 per dollar. May 14, 2014
Asian Shares Bounce from 4-week low

Asian Shares Edge up, Euro Pressured

Asian shares inched up on Wednesday, while the euro wobbled close to five-week lows on heightened speculation of more European Central Bank stimulus next month. May 14, 2014
Sensex

Asia Sidesteps Ukraine Woes, Vote Hopes Spur Indian Stocks

Asian shares and the dollar rose on Tuesday as tensions in Ukraine were eclipsed by a strong night on Wall Street, with Indian equities rallying hard on hopes an election victory for the business-friendly opposition party would spur a revival in the region's third-biggest economy. May 13, 2014
Sensex

SEBI 'Keeping Close Watch' after Shares Surge - Source

The Securities and Exchange Board of India (SEBI) is keeping a close watch on markets after shares rallied to record highs on speculation that exit polls would show the opposition Bharatiya Janata Party and its allies winning a majority in the election, a senior official with direct knowledge of the matter told Reuters. May 13, 2014
Labourers carry EVMs at an election material distribution centre on the eve of the final phase of general election in Kolkata

New Government Set to Inherit Wobbly Economy

India is on the cusp of political change that is widely expected to infuse a new life into an economy that is struggling to break away from a tale of weak growth and high inflation. May 12, 2014
bse-closes-points-13-91-down-on-may-2

BSE closes points 13.91 down on May 2

New Delhi, May 2 (ANI): Trading at the Bombay Stock Exchange today closed 13.91 points down to stand at 22,403.89. At the National Stock Exchange the Nifty closed 1.60 points down to stand at 6,694.80. Century Tex and Future Retail were among the top gainers of Group A with an increase of 8.61% and 6.92% along with Marico and Aurobindo Pharma Ltd. with an increase of 6.04% and 4.73% respectively, while the top losers of Group A include Jindal Steel and Pipavav Defence with a decrease of 6.50% and 4.92% along with Financial technologies ltd. and Bata India with a decrease of 4.77% and 4.62% at the close of the markets. The Auto sector is down 68.84 points at 13,303.39 while the banking sector is down 16.16 points at 14,690.50 and the realty sector is up 3.32 points at 1,400.11. The Indian currency is up 0.15% at Rs 60.22 per dollar. May 2, 2014
bse-closes-points-165-42-down-on-april-29

BSE closes points 165.42 down on April 29

New Delhi, April 29 (ANI): Trading at the Bombay Stock Exchange today closed 165.42 points down to stand at 22,466.19. At the National Stock Exchange the Nifty closed 46.00 points down to stand at 6,715.25. Wockhardt and Financial Tech were among the top gainers of Group A with an increase of 12.01% and 4.99% along with Jain Irrigation and JPINFRATEC with an increase of 4.83% and 3.59% respectively, while the top losers of Group A include Jindal Steel and Future Retail with a decrease of 9.07% and 5.91% along with Tata Steel and JSW Steel with a decrease of 4.79% and 4.77% at the close of the markets. The Auto sector is down 160.58 points at 13,322.91 while the banking sector is down 190.48 points at 14,773.76 and the realty sector is down 5.61 points at 1,475.02. The Indian currency is up 0.42% at Rs 60.39 per dollar. Apr 29, 2014
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