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| Sensex snaps 4-day losing run |
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MUMBAI: Rising for the first time this week, the BSE benchmark Sensex on Friday rose by 30 points, boosted by a 5 per cent jump in Tata Steel and gains in fundamentally strong stocks led by consumer durables and metals.
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| Sensex falls below 20K, down 388 points; SBI loses over 7% |
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MUMBAI: The BSE benchmark Sensex Thursday lost 388 points to fall below 20,000 level on disappointing March quarter earnings from state-run lender State Bank of India, amid weak global trend after US Federal Reserve hinted at scaling down monetary stimulus.
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| Sensex down 49 points |
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MUMBAI: Sliding for the third day, the BSE benchmark Sensex on Wednesday fell by 49 points to close at a fresh one-week low, dragged down by a 6 per cent slump in L&T after its quarterly results failed to meet market expectations.
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| Sensex slides 112 points |
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MUMBAI: The BSE benchmark Sensex on Tuesday fell by over 112 points to close at one-week low of 20,111.61, mainly due to profit booking in interest rate sensitive stocks, including realty, auto and banking.
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| Sensex gains 138 points in early trade |
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MUMBAI: The BSE benchmark index Sensex surged by nearly 138 points in early trade on sustained buying by funds and retail investors triggered by a firming trend on other Asian bourses.
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| Sensex up 39 points on higher inflows |
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MUMBAI: Extending gains for the fourth day in a row, the BSE benchmark Sensex on Friday rose by 39 points, mainly on buying in power, capital goods and realty sector stocks amid increased foreign inflows. The 30-share index rose by 38.79 points, or 0.19 per cent, to 20,286.12. It has gained 556 points in last three trading sessions.
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| Sensex down 51 points in early trade on profit-booking |
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MUMBAI: The BSE benchmark Sensex on Thursday fell by nearly 51 points in early trade as funds and retail investors booked profits after recent gains, amid a mixed trend in other Asian markets.
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| Singapore based Mittu Chandilya appointed CEO of Air Asia India |
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MUMBAI: The board of Air Asia India on Wednesday appointed Singapore based Mittu Chandilya to head the operations of the company in India. Air Asia's founder Tony Fernandes announced via his official twitter handle that the board appointed Mittu Chandilya as the CEO of the company.
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| Sensex hits 27-month high, climbs 491 points on rate cut hope |
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MUMBAI: The BSE benchmark Sensex Wednesday rose by a massive 491 points to close at 27-month high at 20,213 on buying mainly in banking and interest-sensitive stocks, after RBI said low inflation numbers will be taken into account in its next monetary policy on June 17.
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| Sensex gains 31 points |
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MUMBAI: The BSE benchmark Sensex on Tuesday closed 31 points up on funds buying mainly in banking and healthcare stocks as inflation eased to over three years low.
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| Sensex drops 431 points |
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MUMBAI: The BSE benchmark Sensex on Monday declined the most in more than 14 months by losing 431 points on across-the-board selling mainly in FMCG, capital goods, metals and auto stocks, amid a surge in April trade deficit.
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| Sensex ends 40 points up in special trading |
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MUMBAI: The BSE benchmark Sensex on Saturday gained 40 points in a special two-hour trading session as investors indulged in selective buying of bluechip stocks tracking gains in healthcare and metal sector shares.
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| Diesel dearer by Rs 1.02 per litre |
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NEW DELHI: Diesel prices were Friday hiked by Rs 1.02 per litre, the fourth increase in rates this year. State-owned oil firms, which had been mandated in January to raise prices by up to 50 paisa per litre every month till entire losses on the fuel are wiped out, skipped raising rates in April to avoid troubles for the government during the second half of Budget session of Parliament.
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| Sensex up 28 points ahead of IIP data |
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MUMBAI: The BSE benchmark Sensex on Friday gained almost 28 points in early trade on fresh buying by funds and retailers ahead of industrial output data, amid a firming trend on other Asian bourses. The 30-share barometer up by 27.97 points, or 0.14 per cent, to 19,967.01, led by consumer durables, auto and realty sector stocks.
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| Sensex snaps three-day gain; falls 51 points |
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MUMBAI: Bombay Stock Exchange (BSE) benchmark Sensex on Thursday fell from over three-month high by losing 51 points due to profit-booking in recent outperformers such as RIL, Sun Pharma and HDFC Bank ahead of IIP data amid a weak global trend.
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| Sensex touches 20k level; HDFC, ITC lead gain |
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MUMBAI: The BSE benchmark Sensex on Wednesday regained 20,000 level for the first time in over three months on sustained capital inflows and better earnings, but slipped to close a tad lower. After hitting 20,000 level, the Sensex closed 101.23 points, or 0.51 per cent, at 19,990.18, a level last seen on January 31. It had gained 313 points in last two sessions.
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| Sensex gains 90 points in early trade |
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MUMBAI: The BSE benchmark Sensex gained nearly 90 points in early trade Tuesday on sustained buying by funds and retail investors mainly in oil and gas, power, realty and IT sector stocks. Rising for the second straight session, the 30-share barometer rose by 89.34 points, or 0.45 per cent, to 19,762.98. In yesterday’s session, Sensex had gone up by 98 points.
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| Reliance hikes mobile call rates |
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MUMBAI: Reliance Communications on Monday said it has hiked mobile call rates for both its GSM and CDMA pre-paid customers by up to 30 per cent to improve the profits.
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| Sensex rises 98 points; RIL, Infosys, TCS lead gain |
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MUMBAI: The BSE benchmark Sensex on Monday recovered by 98 points on buying in heavy-weight front runners such as Reliance Industries, Infosys and TCS amid firming global trend. The Sensex recovered by 98 points, or 0.50 per cent, to close at 19,673.64 led by stocks of IT and metals. The index had lost 160 points in the previous session. Similarly, the broad-based National Stock Exchange index Nifty rose by 27.05 points, or 0.46 per cent, to 5,971.05.
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| Hawkish RBI cuts interest rate by just 0.25 pc |
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MUMBAI: Sticking to its cautious stance, the Reserve Bank today cut the key interest rate by just 0.25 per cent to 7.25 per cent and kept the liquidity enhancing cash reserve requirement unchanged, disappointing the industry and stock market. The RBI in its annual monetary policy statement said there would be modest improvement in the country's economic growth to 5.7 per cent in the current fiscal, as against the decade's low of 5 per cent in 2012-13.
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| Sensex down 84 points in early trade |
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MUMBAI: The BSE benchmark Sensex on Friday fell over 84 points in early trade as funds and investors preferred to trim their positions ahead of RBI credit policy meeting. The 30-share barometer declined by 84.12 points, or 0.42 per cent, to 19,651.65 with stocks of interest-sensitive such as banking, auto and realty sectors leading the fall.
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| Sensex rises 232 points |
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MUMBAI: The BSE benchmark Sensex Thursday jumped 232 points to close at three-month high of 19,735.77 led by funds buying in blue chips on expectations of rate cut by the RBI tomorrow. The Sensex spurted by 231.59 points, or 1.19 per cent to 19,735.77, a level last seen on February. With the firming trend, the broad-based National Stock Exchange index Nifty hit a psychological 6,000 level before ending with a gain of 69.15 points, or 1.17 per cent to 5,999.35.
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| Sensex hits six-week high; rises 117 points led by HUL |
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MUMBAI: The BSE benchmark Sensex today rose 117 points to close at a six-week high of 19,504.18 on funds buying in bluechips led by FMCG stocks such as Hindustan Unilever after its parent company Unilever Plc announces open offer to hike stake in its Indian arm to 75 per cent.
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| Sensex recovers 101 points on better earnings, global cues |
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MUMBAI: The BSE benchmark Sensex on Monday recovered by 101 points on funds buying in blue-chips led by FMCG and realty on better earnings amid a firming global trend. The Sensex rose by 101.78 points, or 0.52 per cent to 19,387.50. The index had lost 120 points in the previous session. Similarly, the National Stock Exchange index Nifty rose by 32.65 points, or 0.56 per cent, to 5,904.10.
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| Sensex snaps 4-session upmove, down 120 pts as RIL, ICICI fall |
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MUMBAI: The BSE benchmark Sensex on Friday retreated from six-week high levels to close 120.13 points lower at 19,286.72, snapping a four-session upmove, hit by profit-booking in RIL, ICICI Bank, HUL and SBI shares amid a weak global trend. Shares of realty, IT, refinery, banking, metal and power sectors declined as investors adopted a cautious stance and sectoral indices ended lower in 1.20-2.20 per cent range.
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| Sensex extends gains |
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MUMBAI: The BSE benchmark Sensex extended gains for the fourth-straight day by rising nearly 144 points in early trade on Thursday on buying by funds and retailers amid a firming Asian trend. The 30-share barometer rose by 143.72 points, or 0.75 per cent, to 19,323.08 with auto, realty and oil and gas stocks leading the gains. The index had gained over 448 points in the previous three sessions.
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| TCS surpasses ONGC as most valued company |
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MUMBAI: Software services major TCS Tuesday overtook state-owned ONGC to become the country's most-valued company, helped by a rise in its share price. During the morning trade, TCS' market value surged to Rs 2,80,822 crore, the highest for any listed company in the country.
This is about Rs 2,555 crore more than ONGC's market capitalisation of Rs 2,78,267 crore.
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| Sensex ends flat on profit-booking |
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MUMBAI: The BSE benchmark Sensex on Tuesday ended flat with a small rise of 10 points as cautious investors indulged in profit-booking ahead of the monthly settlement in derivatives segment and the RBI monetary policy meet on May 3. Trading sentiment further influenced on a weakening Asian trend but better opening in Europe supported the market to end in a positive zone for the third straight day.
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| Sensex up 153 points |
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MUMBAI: The BSE benchmark Sensex on Monday climbed 153 points to close at one-month high level of 19,170 on funds buying in financial and interest sensitive stocks as slowing inflation and lower commodity prices raised hopes of a rate cut by RBI, amid a firming global trend. The Sensex rose 153.37 points, or 0.81 per cent, to close at 19,169.83, a level matching with March 18, led by buying in consumer durables, realty, capital goods and banking stocks.
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| Increasing FDI in insurance sector is top on UPA agenda: Chidambaram |
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WASHINGTON: Increasing foreign direct investment in the insurance sector is top priority for the ruling UPA, finance minister P Chidambaram said on Saturday, hoping that a bill to address the issue will be passed in the upcoming Parliament session.Responding to questions at the Peterson Institute, Chidambaram appreciated the efforts of the insurance industry in reaching out to the opposition parties and hoped that this would help the political parties understand the issues and thus help in the p
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