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.
This is the first IPO document to be filed after the Sebi this week streamlined the process of IPO.
Despite a slow start to volumes earlier in the day, market turnover caught up by the end of the trading session.
A group of thirteen leading companies from the list of BSE 100, are already reeling under high debt.
The traders seemed to rally behind Prime Minister Narendra Modi’s promise of reform and growth for much of the last 12 months as his government completes one year in power tomorrow