Sensex slumps 700 points, gives up 49,000

Mumbai (IANS) A day after claiming the landmark 50,000 level for the first time, the BSE Sensex plunged below the 49,000 mark on Friday.

It fell 746.22 points, or 1.50 per cent, to close at 48,878.54 as heavy selling was witnessed in banking,…

Landmark amid pandemic: Sensex breaches 50,000

Mumbai (IANS) The much-anticipated moment of the Indian stock market for the past few weeks arrived on Thursday as the BSE Sensex crossed the 50,000 mark for the first time in its history.

The achievement gains significance as it comes on the…

Sensex at 50,000: Ride the wave, but be aware of the bumps

Mumbai (IANS) Sensex at 50,000 is, indeed, a proud day not only for the markets and investors, but for the economy also. The market is regarded as the barometer of the economy with a potential to discount the future. If this is true, the Indian economy…

Equity indices rise, Sensex above 49,600

Mumbai (IANS) The key Indian equity indices rose on Wednesday morning with the BSE Sensex gaining over 200 points.

The index was trading above the 49,600 mark.

Healthy buying was witnessed in auto and IT stocks.

Around 10 a.m.,…

Sensex up 500 points, trades well above 49,000

Mumbai (IANS) The BSE Sensex surged over 500 points on Tuesday to reclaim the 49,000-mark.

Healthy buying activity was witnessed in auto, finance, capital goods and oil and gas stocks.

Around 11.25 a.m., Sensex was trading at 49,132.65,…

Sensex jumps 800 points; RIL, HDFC shares surge

Mumbai (IANS) The Indian equity indices surged on Tuesday, with the BSE Sensex gaining over 800 points.

The across the board rise was led by healthy buying activity in auto, finance, capital goods and oil and gas stocks.

Surge in the…

Godrej announces first close of $500 million office development platform

New Delhi (IANS) Godrej Fund Management (GFM), the real estate private equity arm of the Godrej Group, has announced the first close of its $500 million office development platform GBTC II in partnership with Netherlands-based APG Asset Management…

Petrol, diesel price rise again by 25p/ltr after 3 days pause

New Delhi (IANS) Petrol and diesel prices rose again by 25 paisa per litre each on Monday after oil marketing companies decided to break their three days pause on price revision in wake enlarging under recovery on sale of the two petroleum products.

Will agitate against complex, arbitrary GST system: CAIT

New Delhi (IANS) The Confederation of All India Traders (CAIT) has announced that it will launch a nationwide movement against the present Goods and Services Tax (GST) system which it claims has become "extremely complicated" because of several "arbitrary"…

Financial markets need to be prepared for sudden decline: RBI Guv

Mumbai (IANS) Reserve Bank of India Governor Shaktikanta Das has said that domestic financial markets must remain prepared for sudden decline going ahead in case risk aversion takes hold among investors globally.

Delivering the Nani Palkhivala…