Business

Market News

L&T shares fall over 3 pc after Sebi denies buyback

In a regulatory filing to stock exchanges, L&T Saturday said Securities and Exchange Board of India (Sebi) has asked it not to proceed with the buyback.

Sensex jumps 250 points; Nifty tests 10,950

The NSE Nifty, rose 53.10 points, or 0.49 per cent, to 10,960.05.

Rupee depreciates 26 paise against US dollar in early trade

At the interbank forex exchange, the rupee opened lower at 71.38 and weakened further to quote 26 paise down at Rs 71.45 against the dollar.

Foreign reinsurers mobilised over Rs 6,200-cr premium in FY18: IRDAI

The total assigned capital of foreign reinsurance branches increased to Rs 2,570.35 crore, as of March 2018, from Rs 1,117.81 crore, as of March 2017, the insurance regulator said in its Annual Report.

Rupee slips 21 paise to 71.24 vs USD in early trade

At the Interbank Foreign Exchange, the rupee opened on a weak note at 71.12, then fell further to 71.24 against the US dollar, showing a decline of 21 paise over it's previous closing.

Sensex, Nifty start on a volatile note; Sun Pharma tanks 10%

According to analysts, global trade tensions and risk of recession will cast cloud over the sentiment; while lack of major triggers in the domestic market could steer a range bound movement in the near term.

Sensex rallies by 465 points as technology stocks, RIL surge

The rupee, however, declined by 13 paise to close at one-month low of 71.05 against the US dollar amid strengthening of the US dollar and surging crude oil prices.

Rupee falls 43 paise, ends at near one-month low

Weak US dollar against major global currencies caps losses

Five of top-10 most valued firms add Rs 43,689 crore in m-cap last week

Gainers from the top-10 list are ITC, HDFC, Infosys, SBI and ICICI Bank; while Reliance Industries Ltd (RIL), TCS, HDFC Bank, HUL and Kotak Mahindra Bank suffered losses in their market capitalisation (m-cap) for the week ended Friday.

Rupee rises 7 paise to 70.34 vs USD, Sensex gains over 65 points in early trade

The rupee opened strong at 70.38 at the interbank forex market against previous close of 70.41 per dollar then gained further ground and touched a high of 70.34 amid positive opening in domestic equities.

Sensex drops 106 points on weak global cues; bank stocks fall

After a volatile session, the 30-share index settled 106.41 points, or 0.29 per cent, down at 36,106.50, while the broader NSE Nifty fell 33.55 points,

Rupee rises 14 paise against US dollar in early trade; Sensex, Nifty start on a choppy note

Forex traders said the weakness in the US dollar against other currencies overseas, falling crude oil prices and fresh foreign fund inflows pushed the rupee higher.