The Reserve Bank of India governor Urjit Patel on Saturday defended maintaining tight monetary policy even when retail inflation remained low. Addressing reporters along with finance minister Arun Jaitley by his side after a customary post-Budget meeting, Patel said the central bank’s monetary policy remains forward looking rather than “looking at inflation rates of today […]
Mumbai: Stocks tripped over the growing worries about rise in interest rates and a global rout in equities on Friday, with the benchmark Sensex falling over 1 per cent to close at a one-month low and the broader Nifty crashing below the 10,500 level.The 30-share Sensex closed lower by 407.40 points or 1.18 per cent at […]
Mumbai: Stocks suffered heavy losses in opening trade with the BSE Sensex dropping below the 34,000- mark by slumping about 564 points and Nifty sinking over 1.6 per cent on widespread sell-off triggered by a rout in global equity markets.The BSE 30-share barometer dived 563.51 points, or 1.63 per cent, to 33,849.65, wiping out its gains […]
Mumbai: The benchmark Sensex recovered about 168 points in early trade today on buying in realty, IT, capital goods and banking stocks after the RBI maintained status quo in its monetary policy review yesterday.The 30-share index rose by 167.73 points, or 0.49 per cent, to 34,250.44 opening trade. All the sectoral indices led by realty, IT, […]
New Delhi : The Indian stock markets continued their free fall for the third day since the presentation of the Union Budget 2018-19. If experts are to believed, the slump is likely to continue for the next few days. Stock market expert Sunil Shah attributes the reason to the fall seen in global markets. “There is a […]
NEW DELHI: The bloodbath in equity markets continued from where it had left on Friday as Sensex lost more than 400 points in opening trade, slipping below the 35,000-mark. Nifty too had lost more than 150 points. The BSE index opened with a loss of 344.60 points on 34,718.85 and extended it losses hitting the […]
New Delhi: Terming the MSME sector as the backbone of the economy, Finance Minister Arun Jaitley today said the sector would lead the current consolidation phase of the economy. “Having gone through a series of very major structural reforms in the past two years, now (this) also is a phase for consolidation as far as the […]
Mumbai: The BSE Sensex dipped below the 35,000-level by plunging around 546 points in opening trade today on heavy losses in metal, realty, capital goods, banking and oil & gas stocks amid a global rout in equity markets. The BSE 30-share barometer tanked 545.95 points, or 1.55 per cent, to 34,520.80. The gauge had lost 1,216.50 […]
Mumbai; Retreating from its record high level, the benchmark BSE Sensex lost over 162 points in opening trade today on profit-booking in recent gainers amid weak leads from global markets.The BSE 30-share barometer fell by 162.24 points or 0.45 per cent to 36,121.01 with IT, teck, healthcare, metal, capital goods and banking stocks falling up to […]
Mumbai ;The benchmark BSE Sensex opened lower today after a five-session record-setting spree as investors cashed profits in metal, capital goods, consumer durables, power and banking shares ahead of January month expiry in the derivatives segment tomorrow. The BSE 30-share barometer dropped by 54.30 points or 0.15 per cent to 36,085.68 in opening trade as […]