Mumbai, August 16 (ANI): Giving much-needed relief to investors and traders, the Bombay Stock Exchange gained 1.5 percent earlier in the day, mirroring the global market scenario, reopening today. At 9.18 in the morning, the 30-share BSE index was up 1.03 percent at 17,012.48 points, with all but two of its components rising. Despite the 150-points rise in the Indian Sensex, the general investor mood was expected to remain cautious for at least a week, eminent market analyst Sunil Shah said in Mumbai on Tuesday. However, Shah asserted that though the markets had opened on a good start, most people would first wait and observe the unfurling situation in the European markets before investing. The 50-share NSE index was also up nearly 1 percent at 5,121.20 points
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Kolkata, August 12 (ANI): After discussing fund allocation with the Finance Ministry, West Bengal Finance Minister Amit Mitra, on Thursday said the money when allocated would be utilized for improving and introducing new employment, pension and educational projects in the state. Talking to mediapersons in Kolkata, Mitra said that the key issue is to facilitate improved physical and human infrastructure by building new bridges, currently in dilapidated conditions, opening schools for children and dealing with child-mother issues in the state
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Mumbai, August 11 (ANI): Indian financial analysts on Thursday predicted a fragile equity market, mirroring major Asian indexes losing between 1 and 2 percent as the fallout from Wall Street's 4 percent drop overnight. Indian shares fell half a percent early on Thursday, giving up Wednesday's gains and tracking a fall in Asian peers, as investors continued to worry about Europe's financial crisis. The 50-share NSE index was down 0.51 percent at 5,134.50 points as the market opened on Thursday. On Monday, Indian shares fell by more than 3.3 percent to their lowest level in more than a year after Standard and Poor's downgraded the U.S. sovereign debt rating, triggering a flight from risky assets in regional stock markets.
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Mumbai, August 08 (ANI): Reacting to Bombay Stock Exchange Sensex on Monday that tumbled over 500 points on global selloff, market analysts said Indian markets are largely affected by what is happening in the U.S. and European markets. The BSE Sensex extended its fall to 3 percent, tracking a selloff in Asian markets after Standard & Poor's downgraded the U.S. sovereign debt rating and on fears that the world's largest economy may be sliding back into recession. At 10:02 a.m., the 30-share BSE index was down 3.1 percent at 16,771.90 points, with all of its components declining. The 50-share National Stock Exchange index fell nearly 3 percent to 5,056.25 points
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Mumbai, August 10 (ANI): Indian shares are set to snap a six-day slide and rise on Wednesday as Asian shares rebounded after the U.S. Federal Reserve stepped in to stem a global equity rout. State-run refiner Indian Oil Corporation will be watched as the company reports quarterly results. Automakers will also be on the radar as industry sales data for July is expected to be released soon. Major Asia indexes gained between 1-3 percent after U.S. shares rose as the Federal Reserve made an unprecedented pledge to keep interest rates near zero for at least two years, stemming a global equity rout for the time being
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Ahmedabad, august 10 (ANI): Despite gold prices touching record levels, Indian buyers and investors continue to deem it as a safe bet. Gold prices in India, the world's biggest consumer, rose above 26,000 rupees for the first time on Tuesday rallying with the world market and supported by a weak rupee. However, jewelers in Chennai say the prices of gold have not affected the business but have changed the kind of incoming buyers. Buyers in Jaipur said the fluctuating prices of gold in the last few days have affected families at a time when the wedding season would soon begin
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Sanjay Dutt recently celebrated his birthday in Thailand, along with his wife Maanyata and the film unit of Rascals.But our very professional Sanju baba this time, to everyone's surprize bunked the shooting of his film Rascals.Dutt did not turn up at the location the next day after the late night party, while the whole unit of Rascals was ready to shoot. After waiting for a few hours when David Dhavan finally called Dutt_s boy and told him that he will have to pack up if the actor fails to turn up he responded that it's fine to pack up for the day while Dutt remained in his room
