Search Results for: ICICI Bank

Sensex, Nifty Slumps; IT Stocks Surge

The benchmark Sensex closed 0.94 percent lower at 25660.84 points and the broader Nifty ended 0.96 percent lower at 7672.05 points.

Aug 6, 2014

BSE closes points 242.74 down n on August 6

New Delhi, August 6 (ANI): Trading at the Bombay Stock Exchange today closed 242.74 points down to stand at 25,665.27. At the National Stock Exchange the Nifty closed 74.50 points down to stand at 7,672.05. Suzlon Energy and Sobha Dev were among the top gainers of Group A with an increase of 4.79% and 4.53% along with Piramal Enterprises and Berger Paints with an increase of 4.43% and 3.84% respectively, while the top losers of Group A include Bhushan Steel and Apollo Tyres with a decrease of 20.00% and 7.15% along with IDBI Bank and Indiabulls Real Estate with a decrease of 6.85% and 5.81% at the close of the markets. The Auto sector is down 123.66 points at 15,763.15 while the banking sector is down 318.64 points at 17,179.85 and the reality sector is down 24.23 points at 1,919.32. The Indian currency is down 0.96% at Rs 60.43 per dollar.

Aug 6, 2014

Syndicate Bank Bribery Case: Bhushan Steel Shares Dip 20% at 52-week Low

Stocks of Bhushan Steel recorded a year's low at ₹305 per share following involvement in Syndicate bank corruption case.

Aug 6, 2014

Why the New Ebola Drug is Not Produced on a Mass Scale?

A serum seems to have cured two US health workers but why is it not being mass produced for the hundreds in Africa?

Aug 5, 2014

RBI keeps repo, CRR unchanged; cuts SLR by 50 bps

Mumbai, Aug 05 (ANI): India_s central bank, Reserve Bank of India (RBI), keeps its key policy repo rate unchanged as widely expected, but lowers banks_ minimum bond holding requirements, known as the statutory liquidity ratio (SLR) by half a percentage point. The RBI has lowered the SLR, by half a percentage point to 22 percent to free up more money for lending, effective from August 09. RBI governor Raghuram Rajan said the move was aimed at giving more funds to private sector and for the public sector firms. The repo rate has been unchanged since January, when the RBI increased it by a quarter percentage point.

Aug 5, 2014

Indian Service Sector Slows in July after June's Record High

India's service sector growth plunged in July as new orders slowed last month, according to HSBC Services Purchasing Manager Index (PMI).

Aug 5, 2014

RBI Policy Review: Rates Unchanged at 8%

The Reserve Bank of India has kept the repo rate steady at eight percent during the third bi-monthly policy review on Tuesday.

Aug 5, 2014

Health workers carry the body of an Ebola virus victim in Kenema

World Bank Announces $200 Million to Contain Ebola Outbreak

With 887 people having succumbed to the killer virus already, the Ebola outbreak is considered to be the deadliest ever.

Aug 5, 2014

BSE closes points 242.32 up n on August 4

New Delhi, August 4 (ANI): Trading at the Bombay Stock Exchange today closed 242.32 points up to stand at 25,723.16. At the National Stock Exchange the Nifty closed 81.05 points up to stand at 7,683.65. Apollo Tyres and Crompton Greav were among the top gainers of Group A with an increase of 6.10% and 5.89% along with HPCL and CESC with an increase of 5.16% and 5.16% respectively, while the top losers of Group A include Syndicate Bank and Financial Tech with a decrease of 7.05% and 4.99% along with Britannia Industries and Bhushan Steel with a decrease of 3.57% and 3.49% at the close of the markets. The Auto sector is up 228.63 points at 15,558.20 while the banking sector is up 120.99 points at 17,449.97 and the reality sector is up 19.82 points at 1,893.40. The Indian currency is down 0.12% at Rs 61.11 per dollar.

Aug 4, 2014