| Bombay Stock Exchange - BSE Related news |
BSE Sensex plunges 604 pts to 28,844 over US data fears
Posted on 9th March 2015 |
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Indian markets today logged their biggest drop in 2 months with BSE benchmark Sensex tanking 604 points to close below 29,000 mark and the Nifty index slipped 181 points to fall below 8,800 level on fears that an earlier-than-expected rate hike by US will hit fund inflows. It was a sea of red in domestic markets today. Nearly 1900 shares on the BSE fell while less than 1,000 managed to rise. |
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Infra, realty companies stand to gain from rate cut
Posted on 4th March 2015 |
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RBI's surprise rate cut, much before its next month's meeting, means good news for infra, realty as well as high-debt companies. Banks had not cut their base rates after the RBI cut the repo rate by 25 basis points on Jan 15. The gains, however, which typically come with a lag should start reflecting soon. |
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NSE Nifty soars to new record, hits 9,000-mark for first time
Posted on 3rd March 2015 |
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India’s broader NSE Nifty index rose to a record high on Tuesday led by gains in Reliance Industries after CLSA said the conglomerate could report a record profit for the fourth quarter, while hopes of higher weightage in the MSCI index also helped. The 50-share index rose as much as 0.45 pct to 8,996.80, surpassing its previous record high of 8,996.60 hit on Jan. 30. |
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NSE follows BSE with plan to set shop in Gujarat's GIFT city
Posted on 27th February 2015 |
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The country’s biggest bourse, the National Stock Exchange (NSE), plans an international exchange at Gujarat’s ‘GIFT City’, the country's first proposed international financial services centre. The exchange signed a memorandum of understanding (MoU) on Thursday with the GIFT City project developers in Ahmedabad, in the presence of Gujarat’s finance minister, Saurabh Patel. NSE’s rival, BSE Ltd, had signed a similar undertaking with the Gujarat government last month. |
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Sensex rises 228 points on global cues, Budget hopes
Posted on 25th February 2015 |
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MUMBAI: The benchmark BSE Sensex rose over 228 points in early trade on Wednesday amid a firming global trend and hopes of a growth-oriented Budget. Further, covering-up of short positions by speculators ahead of Thursday's monthly expiry in the derivatives segment, supported the upside. |
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GMR Infra to sell stake in cargo venture to IDFC Alternatives
Posted on 23rd February 2015 |
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GMR Infrastructure today said that it has entered into a definitive agreement to sell its 26% stake in Delhi Cargo Service Centre. Delhi Cargo Service Centre, a joint venture between Cargo Service Center India Private Limited and Delhi International Airport (Private) Limited (DIAL), operates cargo operations at DIAL. |
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Idea Cellular, Yes Bank gain on inclusion in Nifty
Posted on 23rd February 2015 |
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Shares of Idea Cellular and Yes Bank have gained up to 1% on the BSE after the National Stock Exchange included these stocks in its benchmark index Nifty. However, these two firms will replace DLF and Jindal Steel & Power in the 50-unit Nifty index which declined up to 1.5% on the BSE. |
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BSE Sensex, NSE Nifty finish week with modest gains
Posted on 21st February 2015 |
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The BSE benchmark Sensex and the broader Nifty ended the truncated week with modest gains as caution prevailed ahead of the Union Budget due next week. The week saw every market surge was frequented by volatility over uncertain global peers due to huge debt repayment talks between Greece and Eurozone ministers hogged the limelight. |
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BSE Sensex falls 267 points on profit booking
Posted on 20th February 2015 |
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The benchmark BSE Sensex dropped over 267 points in early trade today as funds and retail investors booked profits after recent gains amid a mixed trend overseas. The 30-share index, which had gained nearly 1,235 points in previous seven sessions, fell by 267.52 points, or 0.91 per cent, to 29,194.75. |
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