Persistent buying, mainly in IT, Teck, Capital Goods, Banking, Metal and FMCG sectors ahead of the expiry of near—month October contract, today pushed up the BSE benchmark Sensex by another 78 points.
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Sensex advances 78 points on persistent buying
Posted by Jenni (#1) 205 days ago (http://www.thehindu.com)RBI may hike rates again
Posted by Jenni (#1) 205 days ago (http://www.thehindu.com)
The Reserve Bank of India (RBI) on Monday said that high inflation was likely to persist over the next couple of months before moderating as falling global commodity prices so far has been offset by rupee depreciation.
Rupee gains 18 paise against dollar
Posted by Jenni (#1) 206 days ago (http://www.thehindu.com)
The rupee strengthened by 18 paise to Rs 49.83 per US dollar in early trade on the Interbank Foreign Exchange on Monday, tracking gains registered by euro and other currencies against the American currency.
Sensex climbs 300 points in early trade
Posted by Jenni (#1) 206 days ago (http://www.thehindu.com)
The BSE benchmark Sensex rallied by over 300 points in opening trade on Monday on fresh spell of buying by funds and retail investors, driven by a firming trend in global markets.
Bajaj Auto Q2 profit up 6 % at Rs.726 crore
Posted by Jenni (#1) 208 days ago (http://www.thehindu.com)
Bajaj Auto (BAL) reported a 6 per cent growth in net profit for the second quarter ended September 30, 2011, at Rs.726 crore against Rs.682 crore in the year-ago period.
Rupee plunges to 50-mark
Posted by Jenni (#1) 208 days ago (http://www.thehindu.com)
The rupee on Friday closed below the psychological 50-mark for the first time in the last two-and-a-half years against the U.S. currency on sustained strong dollar demand and signs of fresh capital outflows.
Rising share of diesel vehicles
Posted by Jenni (#1) 209 days ago (http://www.thehindu.com)
The Centre for Science and Environment had recently pointed out that continued heavy subsidisation of diesel had resulted in people shifting to buying of diesel vehicles.
Sensex down 44 points in opening trade
Posted by Jenni (#1) 209 days ago (http://www.thehindu.com)
The BSE benchmark Sensex shed 44 points in opening trade today on sustained selling by funds and retail investors amid fears of an impending interest rate hike by the RBI.