Sensex opens 400 points higher, reclaims 50,000

Mumbai (IANS) The key Indian equity indices opened on a positive note on Tuesday with the BSE Sensex surging over 400 points.

Sensex opened at 50,258.09, higher by 408.25 points from its previous close of 49,849.84 points.

Healthy buying…

Spectrum auction concludes with bids of Rs 77,810 cr

New Delhi (IANS) The spectrum auction 2021 concluded on Tuesday with the government receiving total bids worth Rs 77,814.80 crore.

"The value of spectrum for which there are winning bids is Rs 77,814.80 crore. Incremental bids for Rs 668.20…

Sensex up 800 points; auto, banking stocks rise

Mumbai (IANS) The Indian equity indices opened on a positive note on Monday with the BSE Sensex surging over 800 points.

Healthy buying was witnessed in auto, banking, finance and IT stocks.

Around 9.50 a.m., Sensex was trading at 49,886.82,…

Sensex closes 750 points up; auto, metal index surge

Mumbai (IANS) The key Indian equity indices soared on Monday with the BSE Sensex closing nearly 750 points higher.

Auto, metal and banking stocks surged during the day while IT stocks fell.

Sensex closed at 49,849.84, higher by 749.85…

FPIs invest Rs 25,787 Cr in Indian equities in Feb

New Delhi (IANS) As the Indian equities continued to scale new highs post the Union Budget for FY22, the net foreign portfolio investments (FPI) into the Indian equities in February was Rs 25,787 crore.

The total net FPIs in 2020 now stand…

'Improved economic environment to boost FY21 credit growth'

New Delhi (IANS) Improved economic environment in 2HFY21 and the Centre's focus on higher spending especially on infrastructure will give a boost to FY21 credit growth, India Ratings and Research (Ind-Ra) said.

The agency's February…

Market extends losses, Sensex down 1,500 points

Mumbai (IANS) Extending its losses the BSE Sensex declined over 1,500 points in line with global selloff.

Around 11.33 a.m., Sensex was trading at 49,517.48, lower by 1,521.83 points or 2.98 per cent from the previous close of 51,039.31.

Sensex up 500 points, Nifty reclaims 15,000

Mumbai (IANS) The key Indian equity indices opened on a positive note on Thursday with the BSE Sensex rising over 500 points.

The Nifty50 on the National Stock Exchange also rose above the 15,000 mark.

Healthy buying activity was witnessed…

Moody's expects India's fiscal position to remain weak

New Delhi (IANS) Moody's Investors Service says that India's (Baa3 negative) weak fiscal position will remain a key credit challenge in 2021.

According to Moody's, the prospects for fiscal consolidation remain weak particularly…

Fuel price relief as oilcos spare petrol, diesel from price hike

New Delhi (IANS) Oil marketing companies on Wednesday gave momentary relief to consumers from skyrocketing fuel prices by keeping retail price of petrol and diesel unchanged.

Accordingly, the price of petrol continued to be at Rs 90.93 a litre…