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BSE Sensex extends gains, up 168 pts in early trade
Posted on 22nd June 2015
Rising for the seventh straight day, the benchmark BSE Sensex rose 168 points in early trade on Monday as participants engaged in enlarging positions tracking a firm global cues amid steady progress in monsoon.

At 9.26 am, Sensex was up 162.67 points at 27,478.84. Similarly, Nifty was up 49.75 points at 8,274.70 during the same time.

Moreover, strengthening of rupee, which appreciated by another six paise to 63.49 a dollar at the forex market too had positive impact.

The 30-share index was trading higher by 168.39 points or 0.62 per cent at 27,484.56, with all the sectoral indices, led by realty and banking, trading in positive zone, rising up to 1.49 per cent.

The Sensex had gained 945.19 points in the previous six days.

Also, the National Stock Exchange Nifty edged higher by 54.30 points or 0.66 per cent to 8,279.25.

Asian markets were firm after Greece presented new proposals on reforming its bailout, fuelling hopes of an end to a five-month deadlock, averting a default and possible exit from the euro zone. Further, reports of steady progress in monsoon so far, influenced trading sentiments, they added.

Among other Asian markets, Hong Kong’s Hang Seng was up by 0.41 per cent, while Japan’s Nikkei gained 0.80 per cent in early trade on Monday.

Related Companies: Bombay Stock Exchange - BSE   

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Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict
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Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.

Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade.


Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices
Posted on 7th October 2019
The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point.

On a weekly basis, the local unit slumped by 32 paise.


LIC pips private insurers in first-year premium growth during April-August
Posted on 13th September 2019
In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19.

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Apollo Hospitals rules out further stake sale
Posted on 13th September 2019
Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here.

World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah
Posted on 13th September 2019
In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted.

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