Equity indices touch new highs, Sensex crosses 52,500

Mumbai (IANS) The Indian stock market continued its bull run on Tuesday morning with both the key indices scaling new highs.

The BSE Sensex has touched an all-time high of 52,516.76 points.

Around 10.25 a.m., it was trading at 52,336.54,…

Metals on upward move amid US stimulus hopes, demand support

New Delhi (IANS) The metal market is again on an upswing with futures of both precious and base metals on the rise largely on the hopes of the proposed massive $1.9 trillion stimulus package in the US along with improving demand.

Earlier this…

Sensex crosses 52,000 for the first time

Mumbai (IANS) The Indian equity market surged on Monday morning with the BSE Sensex crossing the 52,000 mark for the first time ever.

Around 9.56 a.m., Sensex was trading at 52,053.80, higher by 509.50 points or 0.99 per cent from its previous…

India's WPI sequentially rises to 2.03% in Jan

New Delhi (IANS) India's annual rate of inflation based on wholesale prices sequentially rose to 2.03 per cent in January from a rise of 1.22 per cent in December.

In contrast, the January inflation rate last month was lower on a year-on-year…

Diesel price rise highest in Delhi by 36 paise/litre

New Delhi (IANS) Petrol and diesel prices maintained its northward rally on Saturday amid firm global prices with the benchmark Brent crude gaining over 2 per cent on a single day to cross $62 a barrel mark.

Accordingly, oil marketing companies…

Equity indices gain after choppy start, RIL up 2%

Mumbai (IANS) The Indian equity market rose after a choppy start on Thursday morning, while the BSE Sensex rose by over 150 points.

Around 10.25 am, Sensex was trading at 51,468.81, higher by 159.42 points or 0.31 per cent from its previous…

India's Budget points to a loosening of fiscal policy: Fitch Ratings

Mumbai/Hong Kong (IANS) Indias Budget presented on February 1 by Union Finance Minister Nirmala Sitharaman points to a loosening of fiscal policy to support the countrys ongoing economic recovery from the pandemic and will consequently lead to a rise…

SEBI penalises OPG Securities, Directors in NSE co-location case

Mumbai (IANS) SEBI has imposed an overall penalty of over Rs 5 crore on brokerage firm OPG Securities Private Ltd, along with its promoter and MD Sanjay Gupta, and two other Directors in the NSE co-location matter.

As per a complaint received…

E-commerce in India clocks 36% volume growth in Q4 2020

New Delhi (IANS) E-commerce in India grew by 36 per cent and 30 per cent year-over-year (YOY) in terms of order volume and gross merchandise value (GMV), respectively, in the fourth quarter of 2020, said a report on Wednesday.

However, the…

'More than full' economic recovery likely in FY22: FinMin report

New Delhi (IANS) As the economy emerges out of the pandemic-induced slowdown, a report by the Department of Economic Affairs (DEA) has said that the outlook for growth and inflation of the country in the upcoming financial year (2021-22) indicates…