Share Market
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Rupee ends flat at 70.88 against USD after RBI rate cut
Business | Oct 04, 2019, 06:12 PM ISTThe rupee on Friday closed almost flat at 70.88 against the US dollar after the Reserve Bank of India in a widely expected move cut key interest rates by 0.25 percentage point. At the interbank foreign exchange market, the rupee had opened strong at 70.82 against the US dollar at the interbank forex market.
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Sensex tanks 434 pts as RBI cuts FY20 growth forecast
Business | Oct 04, 2019, 06:11 PM ISTStock market benchmark BSE Sensex plummeted by 434 points on Friday due to heavy losses in banking and FMCG stocks despite a 25 basis point cut in the key policy rate by the RBI which also slashed the growth outlook for this fiscal.
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Sensex tanks 362 points; Yes Bank crashes 22 per cent
Business | Oct 01, 2019, 04:23 PM ISTThe BSE benchmark Sensex plunged nearly 362 points on Tuesday due to an across-the-board sell-off as financial sector woes, auto sales slump and weak macro data spooked investors.
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Bullion Market: Gold prices fall by Rs 58; silver zooms by Rs 2,360
Business | Oct 01, 2019, 03:56 PM ISTGold prices fell by Rs 58 to Rs 38,140 per 10 gram in the national capital on Tuesday, while silver zoomed Rs 2,360 to Rs 47,580 per kilogram, according to HDFC Securities.
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Sensex drops 155 points, Nifty slips below 11,500
Business | Sep 30, 2019, 04:47 PM ISTEquity benchmark Sensex fell over 155 points on Monday to close at 38,667.33 due to a massive sell-off in banking stocks as investors turned cautious on the financial services space.
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Investor wealth zooms by Rs 10.35 lakh crore in 2 days of market rally
Business | Sep 23, 2019, 05:51 PM ISTInvestor wealth soared for the second consecutive session on Monday, rising by Rs 10.35 lakh crore in two sessions, as market sentiment remained euphoric after a host of measures were announced to boost slowing economic growth.
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Sensex zooms 1,075 points; Nifty reclaims 11,600 mark
Business | Sep 23, 2019, 04:14 PM ISTExtending gains for the second consecutive session, domestic equity benchmark BSE Sensex skyrocketed 1,075 points on Monday driven by continued euphoria over the government's tax booster.
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Show Me The Money: Sensex zooms 1,921 points after FM's tax booster
Business | Sep 20, 2019, 06:08 PM ISTDomestic equity benchmark BSE Sensex vaulted 1,921 points on Friday, fuelled by a slew of economy-boosting measures announced by Finance Minister Nirmala Sitharaman. Logging its biggest intra-day spike in over a decade, the 30-share index soared 2,284.55 points to a peak of 38,378.02, before settling 1,921.15 points or 5.32 per cent higher at 38,014.62.
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Gold falls Rs 150 to Rs 38,905 per 10 gm on weak demand
Business | Sep 17, 2019, 03:29 PM ISTGold prices declined by Rs 150 to Rs 38,905 per 10 gram in the bullion market here on Tuesday due to weak demand, according to HDFC Securities.
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Sensex drops 262 pts as crude oil prices boil
Business | Sep 16, 2019, 04:28 PM ISTThe BSE benchmark Sensex on Monday slipped nearly 262 points due to panic sell-offs by investors who were caught off guard by massive spike in crude prices after drone attack on the Saudi Arabia's largest oil processing facility.
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Gold prices rally Rs 460 on weak rupee, rise in crude prices
Business | Sep 16, 2019, 03:41 PM ISTGold on Monday climbed Rs 460 to Rs 38,860 per 10 gram in the national capital on a weak rupee and higher oil prices, which led to investors opting for safe haven commodities, according to HDFC Securities.
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Sensex rallies 281 points, Nifty closes above 11k-mark
Business | Sep 13, 2019, 05:07 PM ISTThe BSE benchmark Sensex rallied 281 points on Friday, led by financial and IT stocks as hopes of another rate cut by RBI boosted investor sentiment. After swinging 413 points, the 30-share index ended 280.71 points, or 0.76 per cent, higher at 37,384.99. It hit an intra-day high of 37,413.50 and low of 37,000.09.
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Gold rises Rs 70 to Rs 38,695 per 10 gm, Silver witnesses gains as well
Business | Sep 13, 2019, 05:08 PM ISTGold and silver prices on Friday witnessed recovery, with the yellow metal rising Rs 70 to Rs 38,695 per 10 gram in the national capital, according to HDFC Securities. Silver prices also witnessed a gain of Rs 172 to Rs 48,400 per kilogram. On Thursday, it closed at Rs 48,228 per kilogram.
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Bearhug of the bad kind: Investors lose Rs 2.55 lakh crore as stock markets crash
Business | Sep 03, 2019, 07:58 PM ISTInvestor wealth dropped Rs 2.55 lakh crore on Tuesday following a sharp plunge in the equity market as investor sentiment went for a toss amid concerns related to economic crisis and trade issues. The BSE benchmark Sensex tumbled 769.88 points, or 2.06 per cent, to close at 36,562.91.
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Gold prices gain Rs 538 to Rs 38,987 per 10 gram, silver zooms by Rs 1080
Business | Sep 03, 2019, 04:33 PM ISTPrices of 24 karat gold rose by Rs 538 to Rs 38,987 per 10 gram in the national capital on Tuesday, mainly on the back of recovery in global rates, according to HDFC Securities. Silver prices too witnessed similar trends. The rate of silver zoomed by Rs 1,080 to Rs 47,960 per kilogram in the national capital, as per the data.
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Sensex snaps 3-day winning run as recession fears loom; Yes Bank tanks 7 per cent
Business | Aug 28, 2019, 05:51 PM ISTThe BSE Sensex snapped its three-session rising streak to close 189 points lower on Wednesday, led by losses in metals, energy, banking and auto counters, as global markets wobbled amid recession fears. Profit-booking following the recent rally and a depreciating rupee also weighed on bourses, traders said.
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Sensex ends 147 points higher; Tata Motors soars 9 per cent
Business | Aug 27, 2019, 04:19 PM ISTRising for a third straight session, the BSE benchmark Sensex gained another 147 points on Tuesday, led by auto, metal and financial stocks amid positive domestic and global cues. The 30-share Sensex ended 147.15 points, or 0.39 per cent, higher at 37,641.27. It hit an intra-day high of 37,731.51 and low of 37,449.69. Similarly, the broader NSE Nifty rose 47.50 points, or 0.43 per cent, to 11,105.35. During the day, it climbed a peak of 11,141.75 and touched a low of 11,049.50.
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Gold prices hold steady at Rs 39,670; silver gains Rs 190
Business | Aug 27, 2019, 04:31 PM ISTShare market closing: After rising for five consecutive days, gold prices on Tuesday held steady at Rs 39,670 per 10 gram in the national capital, according to the All India Sarafa Association. Gold had touched its all-time high mark of Rs 39,670 on Monday. Silver gained Rs 190 to Rs 46,740 per kg on increased offtake by industrial units and coin makers.
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Sensex tumbles 268 points; Tata Motors tanks 9 per cent
Business | Aug 21, 2019, 04:43 PM ISTBenchmark equity index Sensex slumped 268 points on Wednesday, dragged by losses in ITC, HDFC, L&T and ICICI Bank as investors remained wary of an economic slowdown. The broader NSE Nifty too ended 98.30 points, or 0.89 per cent, down at 10,918.70. During the day, it swung between a high of 11,034.20 and a low of 10,906.65.
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Sensex ends 74 points lower; Yes Bank plunges 7.11 per cent
Business | Aug 20, 2019, 04:48 PM ISTSnapping its three-session rising streak, equity benchmark Sensex closed 74 points lower on Tuesday, dragged by losses mainly in financial counters as investors remained cautious in view of prevailing economic uncertainty. Shares of Yes Bank plummeted 7.11 per cent on concerns over the valuation of stake in CG Power, which has been hit by financial irregularities. The bank holds 12.79 per cent stake in CG Power.