The domestic unit resumed higher at 67.88 per dollar and fell to 68.11 before ending at 29-month low at 68.02 per dollar, showing a further loss of 7 paise or 0.10 per cent.
CM Fadnavis gives nod to open the heavily secured Dalal Street building to all.
Major chunk of amount to go to Unilever of the UK which holds 67.21% equity. Shares of the company tanked as much as 6.03 per cent to hit an intra-day low of Rs 776.60 on the Bombay Stock Exchange.
Domestic markets plunged to four-month lows in late morning deals as the benchmark BSE Sensex fell by more than 400 points to crack below the 25,000-level
The 30-share barometer edged lower by 38.30 points or 0.14 per cent to 25,803.62 with banking, auto and capital goods leading the fall.
The rupee recovered by 12 paise to close at 66.18 per dollar on fresh selling of greenback by banks and exporters.
The 30-share index, which had gained 183.15 points in the previous session, surged by 147.33 points, or 0.53 per cent, to 27,618.14 points in early trade.
Monday’s market crash led by China’s manufacturing woes and global commodity price fall had impacted investor sentiments negatively. However, Raamdeo Agrawal, joint MD, Motilal Oswal Financial Services told Sandeep Singh that, this time, there was no panic as we (the country) are in a much better position and the RBI has done a commendable job. […]
Monday’s 1,000 point fall is the biggest intra-day fall in absolute terms since October 2008 when it fell 1,070 point.
The 10 per cent stake sale in IOC, the fourth in this fiscal, is likely to help raise over Rs 9,500 crore based on its current share price.
Sensex hit the day’s high of 28,100.64, before settling at 28,067.31, up 517.78, or 1.88 per cent, its biggest single-day rise since January 20.
Even as the domestic markets were bracing for an interest rate hike by the US Federal Reserve and a resulting possible outflow of funds from India sometime in September, an unexpected move by China — to devalue yuan by over 3.5 per cent in two days to support its exports, gave a jolt to both […]
There is a boosting of bottom lines. But government needs to be seen to do more to inspire investor confidence
Lower input prices are hepling bottomlines of most BSE 500 firms improve.
Sensex regains crucial 28K-mark in afternoon trade.