sensex-trcm Featured National 

Nifty ends below 10,850, Sensex falls 239 points after IAF strikes

On Tuesday the BSE Sensex falls 239 points and Nifty ends below 10,850 points after it slipped in the morning trade on the back of Indian Air Force (IAF) strike early morning in Pakistan occupied Kashmir (PoK). About 930 shares have advanced, 1556 shares declined, and 144 shares are unchanged. Zee Entertainment, Tata Motors, TCS, Coal India and IOC, while losers were Indiabulls Housing, HDFC, ICICI Bank, HCL Tech and Infosys were the top gainers. Among the sectors, PSU bank, energy, infra, IT and FMCG witnessed selling pressure, while some buying was seen…

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Business Featured 

Sensex, Nifty decline ahead of IIP

On Tuesday domestic equities ended in the negative terrain for the fourth straight session. The BSE benchmark Sensex also falls over 200 points as investors intensified selling towards the fag end of the day, even as global cues remained positive. Investors sold heavily on reality, IT, FMCG and banking counters ahead of index of industrial production (IIP) data for December and consumer price inflation (CPI) numbers for January to be released later in the day. After opening on a positive note, the BSE Sensex advanced to hit an intraday high…

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SENSEX-TRCM Business Featured 

Sensex Rose 424 points; Tata Motors crashes 17%

On Friday BSE benchmark Sensex rose over 424 points led by a sharp selloff in metal and auto stocks amid negative cues from the global markets on renewed concerns over the US-China trade tiff. The 30-share index cracked 424.61 points, or 1.15%, to finish at 36,546.48, while the broader NSE Nifty fall 125.80 points or 1.14% to 10,943.60. Sudden selling in metal and auto counters led to a sharp drop at the fag end of the session, traders said. Tata Motors was the biggest loser on Sensex, cracking 17.93% after the…

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NIFTY-TRCM Business Featured 

Sensex, Nifty Close Higher For Fourth Straight Session

The BSE Sensex and NIFTY rose for the fourth session in a row but capped gains as investors turned cautious ahead of Reserve Bank of India’s three-day policy meet. The shares of HDFC Bank, IndusInd Bank and Maruti Suzuki were depreciated.The BSE Sensex rose 0.09 per cent or 34 points to 36,617 and the NSE Nifty 50 Index advanced 0.2 per cent or 22 points to 10,934. According to the reports of analysts, the Reserve Bank of India (RBI) would hold its repo rate, a surprise change of stance following the…

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SENSEX-TRUECOLUMN Business Featured National 

Sensex jumps 192 points; RIL surges 4%

On Monday, The BSE benchmark Sensex continued its winning run for the fifth straight session rallying 192 points, and the NSE Nifty inched toward the 11,000 marks, riding on strong Q3 earnings by some bluechip companies, coupled with positive global cues. Sensex went past the 36,700-mark to scale a high of 36,701.03 (intra-day) on the back of widespread gains. Finally, the 30-share index settled at 36,578.96, up 192.35 points, or 0.53 per cent. It touched a low of 36,351.77. The gauge had risen 533.05 points in the previous four sessions.…

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Business Featured National 

Nifty , Sensex gain 1% each , Here are the 5 reasons

After consolidating for last few sessions, bulls took complete control on Tuesday as the benchmark indices rallied more than 1 per cent each driven by rate sensitives and technology stocks. The  BSE Sensex gained 464.77 points at 36,318.33 and the Nifty also gained  149.20 points to 10,886.80. The Nifty Midcap index gained 0.7 per cent and Smallcap gained 1.1 per cent. The market breadth was also in favour of bulls as about three shares advanced for every two shares falling on the exchange. The experts are expecting that Nifty could surpass 11,000…

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SENSEX-TRUECOLUMN Business Featured National 

SENSEX JUMPS OVER 300 POINTS

After the appointment of new RBI Governor, the equity bench mark BSE SENSEX jumps over 300 points in the early trade on Wednesday. NIFTY also rose by 98.50 points or 0.93%, to 10,647.65. The 30-share index was trading higher by 324.94 points, or 0.92%, at 35,474.95. All the sectoral indices, led by banking, auto, and consumer durables stocks were trading in the positive zone. Brokers said that the investor sentiment got a boost after the appointment of the new RBI Governor on hopes that it will now address the liquidity…

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RUPEE-TRUECOLUMN Business Featured 

Rupee falls 9% to 70.55 against US dollar in early trade

With the rising price of crude oils, rupee falls by 9 percent to 70.55 percent in early trade at the interbank foreign market on foreign funds outflow. Foreign dealers said that there is a fresh demand from the American currency from importers amid rising in crude oil prices weighed on the domestic unit. After the rise, the rupee opened lower at 70.50 per dollar and dropped further to quote at 70.55, 9 paise over its previous close. On Monday the local unit snapped the four days rising streak and dropped…

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RBI policy rates- truecolumn Business 

Rupee crossed 74 mark against US Dollar, RBI Policy rates surprised all

Sinking day by day to an all-time low, Rupee has crossed the unbelievable mark of 74 against US Dollar on Friday thus creating a massive disturbance in the stock market. Meanwhile, the RBI has announced its fourth bi-monthly policy rates today thus surprising everyone for the unchanged Repo Rate. The repo rate at which RBI lends money to the commercial banks was expected to be increased by 25 basis points or 0.25% but it is kept still at 6.5% as against raised on August and July this year. The five-panel…

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valueof rupee- truecolumn Business 

Value of Rupee falls record low of 73.77 against Dollar, immediate steps taken

Thrashing everyone’s aspiration, again and again, Value of the rupee is still falling with the flow and this time to a record low level of 73.77 against Dollar on Thursday. Thus, government and RBI have taken some immediate steps to further control the hike in the rupee value. Value of rupee falls to about 44 paise in the morning due to hike in the international oil prices thus leading a fear of maintaining Current Account Deficit (CAD) and Capital Outflows in the coming days. Talking about the reason of the…

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