Sensex, the benchmark index of Indian equities markets on Tuesday plunged 573 points or 1.52 percent as auto stocks plummeted sustaining heavy losses due to negative global cues. All the sectors were trading in red. Heavy selling pressure was seen in auto, banking, capital goods, healthcare, IT, metal, oil and gas and consumer durables sectors. The 30-scrip Sensitive Index (Sensex) ...
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Sensex up 47 points; banking stocks gain
A benchmark index of Indian equities markets Wednesday was trading 46.71 points or 0.17 percent as banking stocks gained. Good buying was observed in banking and fast moving consumer goods (FMCG) sectors, while marginal selling pressure was seen in IT sector. The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,530.26 points, was trading ...
Read More »Dr. Reddy’s acquires nicotine therapy patch Habitrol from Novartis
Dr. Reddy’s Laboratories (DRL) Friday said it has completed the acquisition of the brand Habitrol, an over-the-counter nicotine therapy transdermal patch from Novartis Consumer Health. The patch is used to decrease withdrawal symptoms triggered by stopping smoking or chewing tobacco. The acquisition was completed following the US Federal Trade Commission issuing the consent order last month, the company said. DRL ...
Read More »Sensex trades in red, bank stocks up, rupee touches 10-month low
Indian markets’ benchmark Sensex on Monday started the week on a negtive note, tracking the SGX Nifty and international global cues. Sentiments were bearish as the markets opened up to last Friday’s weak industrial output numbers and a call for decrease in the interest rates following a decline in retail inflation. On Friday, the shares fell following mixed global cues ...
Read More »RBI keeps interest rates same, markets follow remaining flat
As expected, the Reserve Bank of India (RBI) on Tuesday decided to keep key interest rates unchanged in its 5th bi-monthly meeting, while markets reacted to the decision registering a slight decline or remaining flat. The apex bank kept the repo rate, or the interest that banks pay when they borrow money from the RBI to meet their short-term fund ...
Read More »Sensex trades flat; banking stocks down
Sensex of Indian equities markets on Tuesday was trading flat at 8.96 points or 0.03 percent down as banking stocks dropped, though goood buying was observed in IT and healthcare sectors, while selling pressure was seen in banking and metal sectors. The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 28,520.76 points, was trading at 28,490.58 ...
Read More »Sensex Breaks Record Again, Hits Highest Points 28514 as Rupee is Stable
A benchmark index of Indian equities markets Monday hit a record high of 28,514.98 points, surpassing its previous record high of 28,360.66 points hit Nov 21. Good buying was observed in metal, banking and capital goods, while marginal pressure was seen in fast moving consumer goods (FMCG) sector. The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), ...
Read More »Sensex, Nifty hit record high
A benchmark index of Indian equities markets Friday closed trading 267.07 points or 0.95 percent up after hitting a record high of 28,360.66 points. The benchmark index surpassed its previous record of 28,294.01 points hit Nov 19. Good buying was observed in banking, capital goods, auto and oil and gas sectors, while selling pressure was seen in IT and healthcare ...
Read More »Sensex trades flat; auto stocks dip as of 10 AM today
Sensex of Indian equities market on Thursday opened with flat trading at 29.86 points or 0.11 percent down as auto stocks slumped. Good buying was observed in healthcare sector, while selling pressure was seen in auto, capital goods and consumer durables sectors. The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 28,100.84 points, was ...
Read More »Sensex gains 65 points; consumer durables stocks surge
A benchmark index of Indian equities markets Thursday was trading 65.37 points or 0.23 percent up in the early session as the consumer durables sector gained. Good buying was observed in consumer durables, capital goods and auto sectors, while selling pressure was seen in oil and gas sector. The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), ...
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