Stock Markets

Rupee falls to 60.50 against dollar on oil demands

Rupee-fallsMumbai, April 17 : The Indian rupee fell to 60.50 against a US dollar Thursday, registering decline for the fourth straight session on high demands for the greenback from oil importers.

The partially convertible rupee opened on a positive note and strengthened to 60.26 against a dollar in early trade after US Federal Reserve chair Janet Yellen signalled continuance of economic stimulus.

However, the Indian currency came under pressure in the afternoon trade on heavy demand for greenback from state-run oil marketing companies to pay their import bills.


Sensex trades flat during pre-noon session

Sensex trades flat during pre-noon sessionMumbai, April 16 - A benchmark index of Indian equities markets was trading flat at 18.52 points or 0.08 percent down during the pre-noon session Wednesday.

Good buying was seen in metal and banking sectors, while selling pressure was seen in IT and capital goods sectors.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 22,486.73 points, was trading at 22,466.41 points in the pre-noon session, down 18.52 points or 0.08 percent from the previous day's close at
22,484.93 points.


Rupee weakens to 6.35 against dollar

Rupee weakens to 6.35 against dollarMumbai, April 15 : The Indian rupee weakened to 60.35 against a US dollar Tuesday tracking losses in stock markets on poor inflation and factory output data.

The partially convertible rupee was quoted at 60.31 against a dollar at the Interbank Foreign Exchange Markets here at 12.41 p. m., 14 paise weaker than its previous session's close at 60.17.


Sensex falls 147 points in early trade

Sensex fallsMumbai, April 11 : A benchmark index of the Indian stock markets dropped 147 points in early morning trade Friday due to selling pressure in banking, capital goods and metal stocks.

The 30 scrip sensitive index S&P Sensex of the Bombay Stock Exchange (BSE), which opened in the red at 22,642.05 points, was trading at 22568.39 points at 9.40 a. m., down 146.94 points or 0.65 percent from its previous day close at 22,715.33 points.

The Sensex hit a low of 22,548.74 points shortly after the opening.

There was selling pressure in banking, capital goods, metal, power and realty stocks.


Rupee rises to 60.07 against a dollar

Rupee-vs-DollarMumbai, April 10 : The Indian rupee gained marginally Thursday, reversing two session of losses, on the back of strong flow of foreign money in the stock markets.

The partially convertible rupee ended the day at 60.07 against a dollar, 0.07 paise stronger than its previous day close at 60.14.

The rupee was under pressure earlier in the day due to high demands for the American currency by banks and importers. However, it recovered the losses and ended in the positive as foreign funds pumped money in the stock markets on hopes of a stable government post election.


Sensex rises to fresh record high; capital goods stocks gain

Sensex-risesMumbai, April 10 : A benchmark index of Indian equities markets touched a new record high of 22,792.49 points for the second consecutive day Thursday, surpassing the high of 22,740.04 points it touched Wednesday.

Healthy buying was observed in capital goods, banks and automobile stocks, while healthcare, fast moving consumer goods (FMCG) and information technology (IT) sectors came under sustained selling pressure.


Sensex trades 50 points up; healthcare stocks gain

Sensex trades 50 points up; healthcare stocks gainMumbai, April 9 - A benchmark index of Indian equities markets was trading up 50.34 points in the pre-afternoon trade session Wednesday, as healthcare and metal stocks gained.

healthy buying was observed in healthcare, metal and bank stocks, while selling pressure was seen in information technology (IT), technology, entertainment and media (TECK) and fast moving consumer goods (FMCG) scrips.


WWE stock suffers steep fall in wake of The Undertaker’s defeat

WWEStock in World Wrestling Entertainment (WWE) suffered a fall of more than 14 per cent its market value on Monday, after The Undertaker's 21-match winning streak came to an end.

Former UFC champion Brock Lesnar defected The Undertaker during a match at WrestleMania XXX in New Orleans on Sunday night. It was the first time in The Undertaker's career that a rival managed to defeat him.

WWE shares slipped $4.12 or 14.3 per cent to $23.90 in trading on Monday. At one point, the stock slipped to as low as 22 per cent.


Tokyo shares end lower

Tokyo shares end lowerTokyo, April 8 - Tokyo stocks ended the morning session lower Tuesday following losses in the US market.

The 225-issue Nikkei stock average lost 167.24 points, or 1.13 percent, from Monday to 14,641.61, reported Xinhua.

The broader Topix index of all first section issues on the Tokyo Stock Exchange was down 19.46 points, or 1.63 percent, to 1, 177.38.

Decliners were led by pharmaceutical, mining and rubber shares. (IANS)


Sensex down 112 points; consumer durables stocks fall

Sensex down 112 points; consumer durables stocks fallMumbai, April 7 : A benchmark index of Indian equities markets was trading 111.87 points or 0.50 percent down in the late afternoon session Monday, as consumer durables, capital goods and bank stocks declined.

Markets were cautious as the five-week-long polling exercise began Monday for the general election.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 22,355.56 points, was trading at 22,247.63 points around 1.40 p. m., down 111.87 points or 0.50 percent from the previous day's close at 22,359.50 points.


Tweed begins trading on TSE

Tweed begins trading on TSETweed Marijuana, which is the first publicly traded producer of Marijuana in Canada, has started trading on the Toronto Stock Exchange.

The company recently emerged from the private placement price and made its debut on the stock exchange. The shares of the company recorded an increase of C$2.59 at this evening, which is 191 percent higher than the issue price of 89 cents based on a private placement on March 7.


IDFC gains banking licence; shares jump

IDFCStock in IDFC gained as much as 8.6 per cent in morning session trade on Thursday after the Mumbai-based company became one of the two entities to get a banking licence from the Reserve Bank of India (RBI).

The central bank granted a banking licence to IDFC for an initial period of 18 months, during which the company will have to meet all requirements laid down by the apex bank.

Kolkata-based microfinance company Bandhan Financial is another of the two entities to win a licence to create a network of bank branches across the country.


Sensex hits record high for nine straight days

Sensex hits record high for nine straight daysMumbai, April 3 - A benchmark index of Indian equities markets touched a record high of 22,620.65 points for the ninth consecutive day Thursday, surpassing the high of 22,592.10 points it touched Wednesday.

Selling pressure was seen in banking, capital goods and oil and gas sectors, while marginal good buying was observed in metal sector.


NZ dollar falls to 86.01 US cents

NZ dollar falls to 86.01 US centsAccording to the latest data released, the New Zealand dollar fell against the US dollar from 86.47 cents at 8am and 86.72 cents yesterday to the level of 86.01 US.

The trade-weighted index fell to the level of 80.38 from 80.94 yesterday. The national currency fellprices at the Fonterra Cooperative Group's online auction spread concerns that the Reserve Bank may not increase interest rates as much as expected. Many believe that the slowdown in the dairy sector may convince the central bank to increase its interest rates slowly.


Sensex hits record high for eighth consecutive day

Sensex hits record high for eighth consecutive dayMumbai, April 2 - A benchmark index of Indian equities markets touched a record high of 22,592.10 points for the eighth consecutive day Wednesday, surpassing the high of 22,485.77 points it touched Tuesday.

Good buying was observed in the healthcare, auto, IT and consumer durables sectors, while selling pressure was seen in fast moving consumer goods (FMCG) and metal sectors.


Sensex hits record high for sixth consecutive day

Sensex hits record high for sixth consecutive dayMumbai, March 31 - A benchmark index of Indian equities markets touched a record high of 22,467.21 points for the sixth consecutive day Monday, surpassing the high of 22,363.97 points it touched Friday.

Good buying was observed in the metal, consumer durables and auto sectors, while selling pressure was seen in IT sector.


King Digital debuts on NY stock exchange

King Digital debuts on NY stock exchangeKing Digital Entertainment, the company that produced addictive game Candy Crush Saga,  has officially listed its shares on the New York Stock Exchange below its initial pricing levels even as the Initial Public Offering market remains strong in the country.


Sensex hits record high for fifth consecutive day

Sensex hits record high for fifth consecutive dayMumbai, March 28 : A benchmark index of Indian equities markets touched a record high of 22,363.97 points for the fifth consecutive day Friday, surpassing the high of 22,307.74 points it touched Thursday.

Good buying was observed in the banking, metal and oil and gas sectors, while selling pressure was seen in the capital goods sector.


Sensex hits new high for fourth straight session

Sensex hits new high for fourth straight sessionMumbai, March 27 - Key Indian stock markets indices - the Sensex and the Nifty - hit new highs for the fourth consecutive session Thursday on the back of strong buying support from foreign funds.

The 30-scrip S&P Sensex (sensitive index) of the Bombay Stock Exchange (BSE) touched a high of 22,222.17 points, surpassing its previous record high of 22,172.20 points hit Wednesday.

The benchmark Sensex has hit a new high on all four trading sessions this week.


Rupee hits 8-month high on back of strong dollar inflows

Rupee hits 8-month high on back of strong dollar inflowsAfter gaining 31 paise on Tuesday, the Indian rupee strengthened further to hit its highest level in around eight months in morning trade on Wednesday.

The rupee was trading at 60.18/19 per US dollar at 9:06 a. m. on Wednesday, representing a notable gain from its close of 60.48/49 on Tuesday. At one point, the partially convertible currency hit 60.17 per dollar, its highest since 30th of July last year.


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