News for 'Bank of Korea'

Sensex rallies over 450 pts on last trading day of 2021

Sensex rallies over 450 pts on last trading day of 2021

Rediff.com31 Dec 2021

Titan was the top gainer in the Sensex pack, rising 3.5 per cent, followed by Kotak Bank, SBI, Maruti Suzuki, Bajaj Finance, HUL, Axis Bank and Sun Pharma. On the other hand, NTPC, Tech Mahindra, PowerGrid and Infosys were the laggards.

Sensex surges 813 pts on Survey's growth projection

Sensex surges 813 pts on Survey's growth projection

Rediff.com31 Jan 2022

In the Sensex pack, major gainers were Tech Mahindra, Wipro, Bajaj Finserv, Infosys, SBI and PowerGrid. NSE Nifty rallied 237.90 points to 17,339

FPIs pull out Rs 17,696 cr from Indian markets in Dec so far

FPIs pull out Rs 17,696 cr from Indian markets in Dec so far

Rediff.com19 Dec 2021

Foreign portfolio investors (FPIs) have pulled out Rs 17,696 crore from the Indian markets in December so far amid uncertainty due to a new coronavirus strain, Omicron, and expectations of faster tapering by the US Federal Reserve. According to the depositories data, FPIs took out Rs 13,470 crore from equities, Rs 4,066 crore from the debt segment and Rs 160 crore from hybrid instruments between December 1-17. In November, FPIs were net sellers to the tune of Rs 2,521 crore in Indian markets.

Sensex, Nifty end flat in range-bound trade

Sensex, Nifty end flat in range-bound trade

Rediff.com26 Aug 2021

Reliance Industries was the top gainer in the Sensex pack, rising over 1 per cent, followed by M&M, HCL Tech, Axis Bank, ICICI Bank and HUL. On the other hand, Bharti Airtel, Maruti, SBI, PowerGrid, NTPC and Tata Steel were among the laggards.

Sensex tanks 525 points, ends below 59K

Sensex tanks 525 points, ends below 59K

Rediff.com20 Sep 2021

Tata Steel was the top loser in the Sensex pack, sinking nearly 10 per cent, followed by SBI, IndusInd Bank, HDFC, Dr Reddy's and M&M. NSE Nifty tumbled 188.25 points to 17,396.90.

Ruble becomes best-performing currency in March

Ruble becomes best-performing currency in March

Rediff.com31 Mar 2022

The ruble has recouped most of its losses and become the top-performing currency globally. It continues to gain and is up 60 per cent against the US dollar from its lows in the first week of March. The ruble appreciated to 83 to the dollar intraday on Tuesday against a record low of 139 on March 7.

Indian football legend Tulsidas Balaram passes away

Indian football legend Tulsidas Balaram passes away

Rediff.com16 Feb 2023

Asian Games gold medallist and Olympian Tulsidas Balaram, part of Indian football's 'holy trinity' in the 1950s and 60s, passed away in Kolkata on Thursday after a prolonged illness, sources close to his family said.

Reliance bounces back by 6 pc, Sensex up by 454 pts

Reliance bounces back by 6 pc, Sensex up by 454 pts

Rediff.com25 Nov 2021

Equity benchmark Sensex rebounded 454 points on Thursday, boosted by gains in index heavyweight Reliance Industries amid a positive trend in global markets.

Grim police. Politicians. Superheroes: On OTT This Week

Grim police. Politicians. Superheroes: On OTT This Week

Rediff.com27 Jun 2022

Grim police procedurals, dark superheroes, ghostly encounters, things get pretty intense on OTT this week. Sukanya Verma offers some suggestions.

FPIs pull out nearly Rs 40,000-cr from equities in May

FPIs pull out nearly Rs 40,000-cr from equities in May

Rediff.com5 Jun 2022

Continuing its heavy selling spree for the eighth consecutive month, foreign investors pulled out nearly Rs 40,000 crore from the Indian equity market in May on fears of an aggressive rate hike by US Federal Reserve that dented investor sentiments. With this, net outflow by foreign portfolio investors (FPIs) from equities reached at Rs 1.69 lakh crore so far in 2022, data with depositories showed. Going ahead, FPI flows will remain volatile in the emerging markets on account of rising geo-political risk, rising inflation, tightening of monetary policy by central banks, among others, Shrikant Chouhan, Head - Equity Research (Retail), Kotak Securities said.

India, Pak enhancing nuclear capacity, expanding arsenal: Think tank

India, Pak enhancing nuclear capacity, expanding arsenal: Think tank

Rediff.com13 Jun 2022

'China is in the middle of a substantial expansion of its nuclear weapon arsenal, which satellite images indicate includes the construction of over 300 new missile silos,' SIPRI's statement noted.

Ukraine war an important point of discussion at G20 FMs' meet: India

Ukraine war an important point of discussion at G20 FMs' meet: India

Rediff.com1 Mar 2023

Foreign Secretary Vinay Kwatra on Wednesday refused to speculate on whether the G20 foreign ministers' meeting would be able to come out with a joint communique against the backdrop of widening differences between the West and Russia on the Ukraine conflict.

Mahindra's Ssangyong misses loan repayment of Rs 480 cr to JP Morgan

Mahindra's Ssangyong misses loan repayment of Rs 480 cr to JP Morgan

Rediff.com16 Dec 2020

M&M, which owns a 75 per cent stake in SYMC, rescued the sport-utility vehicle (SUV) maker from near-insolvency in 2010 but has struggled to revive its fortunes.

FPIs withdraw Rs 6,400 cr from equity markets

FPIs withdraw Rs 6,400 cr from equity markets

Rediff.com8 May 2022

Foreign investors have pulled over Rs 6,400 crore from the Indian equity market in the first four trading sessions of the ongoing month when the Reserve Bank of India (RBI) and US Federal Reserve raised interest rates. Given the headwinds in terms of elevated crude prices, inflation, tight monetary policy among others, FPIs' flows in India are expected to remain volatile in the near term, Shrikant Chouhan, Head - Equity Research (Retail), Kotak Securities, said. Foreign Portfolio Investors (FPIs) remained net sellers for seven months to April 2022, withdrawing a massive amount of over Rs 1.65 lakh crore from equities. This was largely on the back of anticipation of a rate hike by the US Federal Reserve and due to the deteriorating geopolitical environment following Russia's invasion of Ukraine.

Sensex back in red, down 105 points as banks weigh

Sensex back in red, down 105 points as banks weigh

Rediff.com23 Sep 2016

Shares of L&T Technology Services, an arm of engineering giant Larsen and Toubro, made a decent debut on the bourses

Investors cheer Sitharaman's Budget; Sensex surges 848 points

Investors cheer Sitharaman's Budget; Sensex surges 848 points

Rediff.com1 Feb 2022

Tata Steel was the top gainer in the Sensex pack, zooming 7.57 per cent, followed by Sun Pharma, IndusInd Bank, L&T, ITC and HCL Tech.

How Will Modi Shape The G20 Opportunity?

How Will Modi Shape The G20 Opportunity?

Rediff.com2 Mar 2023

Will G20 showcase an India that is inclusive, culturally rich, diverse and tolerant, asks Ramesh Menon.

Will Ambani-Adani's Dominance Fade Away?

Will Ambani-Adani's Dominance Fade Away?

Rediff.com26 Nov 2021

It's hard to say because of the winner-take-all nature of new platform and network businesses, but Reliance has not been an efficient user of capital, and Adani numbers are varied, observes T N Ninan.

Sensex gains 69 pts; realty, banking steal the show

Sensex gains 69 pts; realty, banking steal the show

Rediff.com28 Sep 2016

Top gainers among the S&P BSE Sensex include GAIL, Dr Reddy's Laboratories and Bharti Airtel, all edging up by 1% in late morning deals

Want Stronger Rupee? Manage The Economy

Want Stronger Rupee? Manage The Economy

Rediff.com12 Jul 2022

India's politicians need to do a better job of managing the economy: Inflation control, productivity improvement, etc, asserts T N Ninan.

Stock markets scale new heights on positive global cues

Stock markets scale new heights on positive global cues

Rediff.com28 Dec 2020

On the Sensex chart, Titan, SBI, L&T, IndusInd Bank, Ultratech Cement, HDFC Bank and Asian Paints were top gainers. Sensex settled up by 380.21 points at its all-time closing high of 47,353.75. The NSE Nifty ended 123.95 points at 13,873.20.

Asian Infra Investment Bank: An opportunity for India

Asian Infra Investment Bank: An opportunity for India

Rediff.com1 Apr 2015

China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.

'$33 billion was taken out of India -- the highest-ever'

'$33 billion was taken out of India -- the highest-ever'

Rediff.com6 Dec 2022

'Yet the market didn't do all that badly because it was cushioned by domestic inflows.'

Sensex soars 241 pts to hit 2-mth high; banks fuel rally

Sensex soars 241 pts to hit 2-mth high; banks fuel rally

Rediff.com11 Jan 2017

Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy

Sensex, Nifty close lower in choppy trade

Sensex, Nifty close lower in choppy trade

Rediff.com27 Jul 2020

On the Sensex chart, ICICI Bank, HDFC Bank, Axis Bank, IndusInd Bank and Bajaj Finance emerged as the major laggards, dropping over 6 per cent.

10 Lovely Stories From Across The World

10 Lovely Stories From Across The World

Rediff.com24 Mar 2023

Aseem Chhabra highlights 10 films that moved him, films that may show up in theatres near you.

Global economic uncertainties may cast shadow on India's exports in 2023

Global economic uncertainties may cast shadow on India's exports in 2023

Rediff.com23 Dec 2022

India's exports may have touched an all-time high of $422 billion in 2021-22 but recession in key western markets and geo-political crisis due to the Russia-Ukraine war are expected to impact the growth of the country's outbound shipments in 2023. All the global trade promoting factors like political stability, movement of goods, adequate availability of containers and shipping lines, demand, stable currency and smooth banking systems are in disarray. Adding to the woes, COVID cases have again started rising in countries like China, Japan, South Korea and the US.

Markets rebound on rate cut hopes; NTPC falls, banks rise

Markets rebound on rate cut hopes; NTPC falls, banks rise

Rediff.com13 May 2015

Sensex eneded 374 points higher on rate cut expectation from the RBI.

Sensex ends near 28K; banks, metal shares in limelight

Sensex ends near 28K; banks, metal shares in limelight

Rediff.com2 Jan 2015

The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.

Sensex dips 37 points on profit-booking; Nifty edges higher

Sensex dips 37 points on profit-booking; Nifty edges higher

Rediff.com2 Dec 2020

Kotak Bank was top loser among Sensex stocks, dropping by 3.28 per cent. HDFC Bank declined by 1.86 per cent, HDFC by 1.28 per cent and ICICI Bank by 0.99 per cent. SBI fell 0.5 per cent while Bajaj Finance by 0.72 per cent. Larsen & Toubro dropped 0.16 per cent.

FPIs turn net sellers in Oct; pull out Rs 12,278 crore

FPIs turn net sellers in Oct; pull out Rs 12,278 crore

Rediff.com31 Oct 2021

After two months of buying, foreign portfolio investors (FPIs) have turned net sellers in October by pulling out Rs 12,278 crore from Indian markets. As per depositories data, FPIs took out Rs 13,550 crore from equities but invested Rs 1,272 crore in the debt segment during October 1-29. The total net outflow stood at Rs 12,278 crore during the period under review.

FPIs withdraw Rs 50,203 cr from equity market in June

FPIs withdraw Rs 50,203 cr from equity market in June

Rediff.com3 Jul 2022

Continuing their massive selling spree for the ninth consecutive month, foreign investors dumped Indian shares worth Rs 50,203 crore in June -- the highest net outflow in over two years -- amid aggressive rate hike by the US Federal Reserve, elevated inflation and relatively higher valuation of domestic equities. Foreign portfolio investors (FPIs) have now pulled out around Rs 2.2 lakh crore from domestic equities in the first six months of 2022 -- the highest-ever net withdrawal by them. Before that, FPIs withdrew Rs 52,987 crore in the entire 2008, data with depositories showed.

Sensex tanks 807 pts as coronavirus alarm spreads

Sensex tanks 807 pts as coronavirus alarm spreads

Rediff.com24 Feb 2020

All Sensex components ended in the red, with Tata Steel cracking 6.39 per cent, followed by ONGC, Maruti, Titan, ICICI Bank, HDFC and Bharti Airtel.

Sensex, Nifty end flat on last trading day of 2020; close year with nearly 15% gains

Sensex, Nifty end flat on last trading day of 2020; close year with nearly 15% gains

Rediff.com31 Dec 2020

HDFC was the leading gainer among Sensex stocks on Thursday, rising by 1.65 per cent, followed by Sun Pharma, ICICI Bank, Asian Paints, Titan and Infosys. TCS was the biggest loser, shedding 1.33 per cent. Ultratech Cement, Bharti Airtel, Kotak Bank and Tech Mahindra were among the other major laggards.

Disastrous Decisions, Achievements: Pervez Musharraf's Mixed Legacy

Disastrous Decisions, Achievements: Pervez Musharraf's Mixed Legacy

Rediff.com6 Feb 2023

Learning perhaps from the Kargil debacle, Musharraf tried hard to evolve as a statesman in his dealings with India, recalls Rana Banerji, who headed the Pakistan desk at RA&W.

Sensex, Nifty soar to record highs amid global rally

Sensex, Nifty soar to record highs amid global rally

Rediff.com20 Jan 2021

Among Sensex stocks, Maruti rose the most, followed by Tech Mahindra, Mahindra & Mahindra and Asian Paints. Gains in Reliance, TCS, Infosys, HCL Tech, HDFC and ICICI Bank also helped the barometer extend its rally for a second day.

Sensex rises by 227 pts, Nifty back at 12,200

Sensex rises by 227 pts, Nifty back at 12,200

Rediff.com24 Jan 2020

After opening on a weak note, the 30-share BSE index settled 226.79 points, or 0.55 per cent, higher at 41,613.19 -- hitting an intra-day high of 41,697.03 and a low of 41,275.60. Likewise, the broader NSE Nifty closed 67.90 points, or 0.56 per cent, up at 12,248.25.

Sensex, Nifty advance on gains in IT, FMCG stocks

Sensex, Nifty advance on gains in IT, FMCG stocks

Rediff.com15 Nov 2021

Stock market barometers Sensex and Nifty ended marginally higher on Monday as rise in wholesale inflation capped early gains despite a positive trend in global markets. The 30-share index settled 32.02 points or 0.05 per cent higher at 60,718.71 with half of its constituents ending in green. The broad based Nifty edged up 6.70 points or 0.04 per cent to close at 18,109.45.

Enforcing A Ban On Cryptos Is IMPOSSIBLE

Enforcing A Ban On Cryptos Is IMPOSSIBLE

Rediff.com24 Nov 2021

Traders who pay in rupees generate over Rs 50 crore in daily cryptocurrency volumes. Indians actually invest a great deal more in forex-denominated trades, observes Devangshu Dutta, explaining why it is impossible to ban cryptocurrency.

Sensex tanks 190 points; RIL sinks over 6%

Sensex tanks 190 points; RIL sinks over 6%

Rediff.com12 May 2020

Asian Paints, Kotak Bank, HUL, HDFC Bank and ONGC were also among the top losers. On the other hand, NTPC, Bharti Airtel, ITC and IndusInd Bank and PowerGrid were among the top gainers. NSE Nifty declined 42.65 points, or 0.46 per cent, to 9,196.55.