Search Results for: NSE Sensex

India bonds at three-week high, rupee gains after RBI payout to government

Finance Minister Nirmala Sitharaman proposed on Friday a series of measures to help the economy and financial markets although some economists said there was a need for an additional stimulus package.

Aug 27, 2019

Sensex, Nifty advance 2% after Centre takes steps to spur growth

The Sensex jumped over 762.74 points to 37,463.90, while the Nifty traded 216.95 points higher to top the 11,000-point mark at 11,046.30.

Aug 26, 2019

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Nifty, Sensex rebound after report of likely FPI tax rollback

Indian shares rebounded from a sharp fall on Friday, following a media report that the government could soon announce a rollback of higher taxes for foreign portfolio investors (FPIs).

Aug 23, 2019

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Recession fears highest in eight years, BoA-Merrill Lynch survey reveals

Half of as many as 171 managers with $455 billion of assets under management argued that corporates are over-leveraged.

Aug 19, 2019

PM-inspired stimulus package may come as early as this weekend

The January-March quarter GDP has slowed down to 5.8 per cent, the lowest in five years, which has caused pain points to emerge all across the economic vector.

Aug 16, 2019

Sensex tumbles 600 points; Yes Bank, Bajaj Finance shares tank

The Nifty autos index slid about 4 percent, its worst decline since 2016, as sales of passenger vehicles to car dealers plunged 30.9 percent in July.

Aug 13, 2019

Demand truncation dents workforce in Gurugram-Manesar auto cluster

No authentic data is currently available on the extent of job losses, as most of these have occurred on the auto part suppliers' side.

Aug 11, 2019

Explained: What's behind the record surge in gold prices?

Safe-haven investments gold and silver futures rise in India as equities underperform after the general election 2019 and in international markets because of US-China trade war fears.

Aug 10, 2019

Move to scrap super rich tax surcharge may lure back foreign portfolio investors

Markets respond energetically to reports government is considering the lifting of the surcharge proposed in the Union Budget 2019; Sensex, Nifty soar for the second day.

Aug 9, 2019

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Modi govt may give up controlling stake in oil giants

The idea of giving up controlling stake in government-owned companies below 51 per cent was also tabled during Sitharaman's budget speech.

Jul 10, 2019

Will IndiGo tread Jet's path as promoters clash over governance?

Differences between Gangwal and Bhatia have reached a stage where they could affect the day-to-day operations of India's largest airline; Sebi forced to intervene

Jul 10, 2019

Bombay Stock Exchange building BSE dalal street

Sensex tanks 200 points as bloodbath continues on Dalal Street, Nifty falls below 11,481

Sensex and Nifty fell as the Union Budget 2019 disappointed Dalal Street, which continued to react negatively to the Budget proposal.

Jul 9, 2019

Sensex nosedives 600 points: Here are 3 reasons behind the heaviest fall in 7 months

The 30-scrip Sensex closed 792.82 points or 2.01 per cent lower at 38,720.57 and the broader Nifty50 declined by 252.55 points or 2.14 per cent to 11,558.60.

Jul 8, 2019

Union Budget 2019: What spooked the market despite Sitharaman's reform refrain?

Benchmark indices slumped as Finance Minister Nirmala Sitharaman's speech progressed after a brief surge ahead of the presentation.

Jul 5, 2019

Market on tenterhooks as Sitharaman begins speech presenting Union Budget 2019

Sectoral indices of banks, auto, FMCG, and realty advance while metals worst hit in a market that is vertically split.