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Sensex Fall by 535 Points

- Alive/NNC Correspondent   28-06-2015

The benchmark BSE Sensex tanked over 535 points and the NSE Nifty slid below the 8,300 mark in opening trade Monday on across-the-board selling by participants.A weak trend at other Asian markets was the main trigger for the plunge as investor sentiment was dampened by fears of a possible Greece default.

Investment in India Increasing: PM Modi

- Alive/NNC Correspondent   27-06-2015

Prime Minister Narendra Modi on Saturday said that investment in the country is increasing and the world is coming to explore the opportunities India has to offer."Investment in India is increasing, the world is coming to explore the opportunities India has to offer," Prime Minister Modi said

Sensex Falls 172 Points

- Alive/NNC Correspondent   25-06-2015

The benchmark BSE Sensex fell almost 172 points to 27,724.12 in early trade on fresh selling by participants as July series in the derivatives segment began on a subdued note amid weak Asian cues.The 30-share index, which had gained 166.30 points in the previous session, fell by 171.85 points or 0.61 per cent to 27,724.12.

Mudra Bank Panel Likely to Meet Today

- Alive/NNC Correspondent   25-06-2015

A government panel entrusted with the task of setting up the Micro Units Development and Refinance Agency or Mudra Bank will hold its second meeting in the capital on Thursday, a top official said here on Wednesday."At tomorrow's (Thursday's) meeting to be held in New Delhi,

Sensex Up by 72 Points, Nifty Crosses 8,400 Mark

- Alive/NNC Correspondent   23-06-2015

Continuing its upward journey for the ninth consecutive day, the benchmark BSE Sensex gained over 72 points and the NSE Nifty inched towards regaining 8,400-mark in early trade Wednesday as investors indulged in enlarging positions driven by positive domestic as well global cues.Besides, covering up pending short positions by speculators

Centre Proposes Tax Benefits For Card Payments

- Alive/NNC Correspondent   23-06-2015

The Centre has reportedly proposed tax benefits in terms of income tax rebates to consumers for paying a certain proportion of their expenditure through electronic means.During his budget speech some months ago, Union Finance Minister Arun Jaitley had said that one way to curb the flow of black money

Sensex Gained for 7th Consecutive Day, NIFTY Crosses 8350

- Vaibhav Gupta   21-06-2015

The market continued to see buying interest on Monday following positive global cues. The Sensex rallied 414 points to 27730 and the Nifty rose 128 points to 8353. The broader markets jumped too. The BSE Midcap and Smallcap indices climb 1.3 percent each. About 1629 shares have advanced, 960 shares declined, and 132 shares are unchanged on the

Rupee Gets 6 Paise Stronger Against Dollar

- Alive/NNC Correspondent   22-06-2015

The rupee strengthened by six paise to a fresh one-month high of 63.49 against the dollar in early trade on Monday, extending its rising streak for the fourth straight day on persistent selling of American currency.Forex dealers said gains made by other currencies against the US dollar overseas and a

10 Days Left To Exchange Pre-2005 Currency Notes

- Alive/NNC Correspondent   21-06-2015

Only 10 days are left to exchange pre-2005 currency notes, including those of Rs 500 and Rs 1,000 denominations, at banks as the deadline to do so is ending on June 30.Seeking cooperation for withdrawing pre-2005 currency notes from circulation, the RBI has asked the public to deposit the old design notes in

India Can Grow At 10% Growth Rate: Jaitley

- Alive/NNC Correspondent   19-06-2015

Noting that a new aspirational India expects early results and decisive governance, Finance Minister Arun Jaitley has exuded confidence that with the government undertaking economic reforms, policy changes, pumping in money in key sectors like infrastructure, and with a possible good monsoon, the path to 10 percent growth is not impossible. &

Sensex Up By 150 Points

- Alive/NNC Correspondent   18-06-2015

 Extending gains for the sixth day in a row, the benchmark BSE Sensex rose almost 150 points and the NSE Nifty rallied past 8,200 mark in early trade on Friday.The show was powered by across-the-board value-buying by investors and a stronger rupee amid a rising trend at other Asian bourses.

Market retains 27100, Ends in green for Third Consecutive Day

- Vaibhav Gupta   17-06-2015

Indian Stock market continued to perform well as the Sensex gained 283 points at 27115 and the Nifty rose 85 points to 8176. About 1607 shares have advanced, 1036 shares declined, and 161 shares are unchanged on the BSE. Globally, Asian markets trade mostly lower as Greece worries weigh on sentiment. Japan's Nikkei hits its

Sensex and Nifty in Green in Early Trade

- Vaibhav Gupta   17-06-2015

Continuing yesterday's lead the market is on fire with major support of banks, capital goods and oil. The Sensex is up 272 points at 27105.90 and the Nifty is up 69 points at 8160.70. About 1251 shares have advanced, 509 shares declined, and 122 shares are unchanged. Reliance, Cipla, ICICI Bank, Axis Bank and ITC are

Sensex, Nifty Ended on Positive Note

- Vaibhav Gupta   16-06-2015

The Dalal Street on Wednesday witnessed another profitable day with the Sensex gaining 146 points at 26832 and the Nifty rising by 44 points to 809. About 1699 shares have advanced, 866 shares declined, and 179 shares are unchanged on the BSE. Dollar keeps going strong with rate of Rs.64.14 per $. Gold and Silver has weakend in

Sensex Up By 170 Points

- Alive/NNC Correspondent   16-06-2015

Continuing its winning streak for the fourth straight session, the benchmark BSE Sensex surged over 170 points in early trade Wednesday on sustained buying by investors in blue-chip stocks amid a firming trend in Asian markets ahead of US Fed policy announcement.The 30-share barometer rose 170.86 points, or 0.64 percent, to 26,857.37. The

Sensex and NIFTY recovers in last hour

- Vaibhav Gupta   15-06-2015

Banks gained strength in last hour of trade with the SBI rising 1 percent. ICICI Bank and HDFC Bank rebounded with marginal gains. ITC and L&T also recovered. After the initial profit boking the market gained momentum in the final hour and Sensex ended at 26686, 100 points up from the

Sensex, Nifty Slips Down in Early Trade

- Alive/NNC Correspondent   15-06-2015

The benchmark BSE Sensex slipped over 85 points in early trade Tuesday as participants booked profits after two sessions of gains amid sustained capital outflows and a weak trend at other Asian markets.The 30-share index was trading lower by 85.51 points, or 0.32 percent, at 26,501.04 as banking, oil & gas, capital goods,

Sensex Ends at 343 Points Loss

- Alive/NNC Correspondent   12-06-2015

Across-the-board selling triggered by a host of negative factors including announcement of macro economic data and concerns over the progress of monsoon kept the market under pressure for the third straight week as the BSE Sensex tumbled by 343 points in the week.However, the market might get a push next

Sensex ends in Green, Nifty below 8000 on last day at Dalal Street

- Vaibhav Gupta   11-06-2015

In what could be termed as a very tepid day at Dalal Street, the benchmark indices unable to make any significant move. The Sensex dropped 54.32 points to end at 26425.30 and the Nifty was up 17.55 points at 7982.90. About 1162 shares advanced, 1478 shares declined and 151 shares were unchanged.  

Sensex Down By 300 Points After Early Gains

- Alive/NNC Correspondent   11-06-2015

The overnight pullback rally proved short-lived as the benchmark BSE Sensex after reclaiming the 27,000 mark gave up early gains due to mid-session profit booking, quoting 270 points lower at 26,570.48, despite solid global cues.A faltering monsoon making marginal progress after a late onset amid uncertainty about upcoming macro data - IIP


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