Silver also advanced by Rs 200 to Rs 36,500 per kg.
12 Indian-origin persons have made it to a list of 100 dealmakers with the Midas-touch, based on the value of the companies these people have taken public or sold in the past five years.
Worry and nervousness have gripped investors worldwide. With the outburst of sub prime issue in the United States leading to a re-pricing of risks, markets have witnessed a secular sell-off all across the world.
The benchmark Sensex on Thursday slipped below the 25,000-level by tanking about 555 points.
US credit woes, political stand-off to loom over bourses.
The dollar index was up by a whopping 0.45 per cent against basket of six major global rivals, which also pushed the rupee to log its biggest daily loss since September 15.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
There are many questions on where the stock markets will head in the next few days. Here are some answers.
Proceeds may be used to partly pay off its Rs 46,570-cr debt
Indians are no more rushing to buy bullion after this week's sharp sell-off
However, fresh buying at lower levels helped the index recover all its losses by mid noon trades. A fresh round of buying in late trades saw the index surge to a high of 14,249 - up 518 points from the days low. The Sensex finally settled with a gain of 113 points at 14,220. The NSE Nifty ended with a gain of 60 points at 4,251.
The suggestion is made by BSE in a letter to the Finance Minister.
The Supreme Court on Friday reserved its order on interim bail plea of Sahara Chief Subrata Roy who pleaded to the court to show 'raham' (mercy) and allow him to come out of jail to sell off his properties to deposit Rs 10,000 crore (Rs 100 billion) with SEBI as directed to get regular bail.
'Investors should not commit fresh money to these stocks right now, unless they can hold for the next three to four years.'
BSE Sensex on Monday closed nearly 34 points higher at 26,350.17 with gains in realty, power, FMCG and oil & gas stocks amid sustained buying by domestic institutional investors.
The rupee has lost 32 paise, or 0.50 per cent, in five trading days
Samsonite India will be shutting down its manufacturing unit at Nashik over the next three years. Production at the plant, which has a capacity of 10 million units, will be scaled down to 50 per cent by December 2006.
A closer look at the sectors and companies that have strong prospects and are likely to fall less when markets decline.
A part of the fabulous seven-strand necklace, they may fetch $7-9 mn.
A part of the fabulous seven-strand necklace, they may fetch $7-9 mn.
Bulk of these customers use 2G phones and are still focused on voice services and might prove useful for both Bharti Airtel and the Idea-Vodafone combine.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
Even as the Indian benchmarks, the BSE Sensex and Nifty 50, crumbled over three per cent today, experts are optimistic about the Indian economy and believe investors can still make 30 per cent plus returns in 2015
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.
In barter, you have the choice of picking up a product that's available with the barter company in exchange for the stuff you want to discard.
Ranbaxy Laboratories Ltd on Thursday said it will sell off its manufacturing unit in Ireland as it consolidates production activity for Europe and the CIS countries, at the plant of recently acquired Terapia in Romania.
Jim Rogers, chairman of Rogers Holdings, tells Puneet Wadhwa that the US bond market that hit bottom in 1981 and has been in a bull-run since then, is coming to an end.
An Indian ownership of Jaguar, one of the two luxury cars that the US car maker Ford is selling off, is not acceptable to the American dealers of the brand. Tata group and Mahindra & Mahindra are two of the front-runners for acquisition of Jaguar and Land Rover, along with a private equity bidder, One Equity that is led by a former Ford CEO.
The Essar group-owned BPL Mobile is believed to be seeking an extension to use the 'BPL' brand name that is owned by Bangalore-based industrialist TPG Nambiar
With mutual funds, promoters turning net-buyers, foreign investors may have to bid up prices to raise holdings.
In New York market, the dollar continued to weaken against its rivals yesterday on a day devoid of major data releases out of Europe and the US.
Equity markets have surprised everyone with their volatility. The best way to handle them is to understand how to face such ups and sowns.
Multi-national companies setting up offshore business units in India for saving costs is an old story -- the latest trend is to hive off their Indian units
Despite the recent fall, the Nifty Midcap 100 index has outperformed by gaining 20 per cent till date in this year calendar year.
Despite the recent fall, the Nifty Midcap 100 index has outperformed by gaining 20 per cent till date in this year calendar year.
The Sensex finally settled with a huge loss of 541 points at 12,938.
On BSE, 1,826 shares declined and 982 shares rose, while a total of 194 shares were unchanged
