Thursday, November 11, 2010

Sensex 113pts down in opening trade

Sensex 113pts down in opening trade


Sensex 113pts down in opening trade

Posted: 11 Nov 2010 08:44 PM PST

Continuing its slide for the third straight session, the Bombay Stock Exchange benchmark Sensex lost 113 points in opening trade on sustained selling, triggered by weak global markets.

Rupee down 26 paise against US dollar

Posted: 11 Nov 2010 08:24 PM PST

The rupee weakened by 26 paise to Rs 44.57 against the US dollar in the early trade at the Interbank Foreign Exchange today as the American currency firmed up against other international currencies.

Ride the market with index funds

Posted: 11 Nov 2010 04:38 PM PST

The markets have given more than 150% returns since the lows hit in March last year and well in excess of 20% so far this year.

Bike sales ride past 1 million mark

Posted: 11 Nov 2010 01:39 PM PST

When the tiny Tata Nano was launched in March 2009, many trade analysts wrote obituaries to the Indian motorcycle industry.

Ranbaxy Q3 net jumps to Rs313cr on surging sales

Posted: 11 Nov 2010 04:42 PM PST

Driven by a surge in sales in the US market, country`s largest drug maker Ranbaxy reported an over two fold jump in its net profit to 312.8 crore for the quarter ended September 30.

Branded edible oil makers may hike prices

Posted: 11 Nov 2010 04:44 PM PST

Consumers are in for post-Diwali blues. Branded edible oil makers plan to raise prices over the next few days given that commodity prices have reached an all-time high.

Sensex closes 287 points down

Posted: 11 Nov 2010 04:18 AM PST

Stock market today recorded its biggest decline in about a month with a 287 point fall in the Sensex, on heavy selling in blue chips like RIL, Bharti Airtel and DLF and negative cues from South Korea and Europe.

South Korea, US fail to resolve trade deal row

Posted: 11 Nov 2010 07:11 AM PST

The United States and South Korea failed to revive a stalled free trade agreement on Thursday, dealing a blow to both countries' leaders and putting a brake on bilateral trade.

Rupee remains stable against dollar

Posted: 11 Nov 2010 09:48 AM PST

In a lacklustre trading, the rupee on Thursday ended flat for the second straight day at 44.31/32 against the US currency despite firm dollar overseas and steep fall in local equities.

Food inflation declines for 4th week

Posted: 10 Nov 2010 11:05 PM PST

Food inflation declined to 12.30 per cent for the week ended October 30, on improved supply of items, showing a downward movement for the fourth straight week.

Drug firm Ranbaxy triples profits

Posted: 11 Nov 2010 01:41 AM PST

Top Indian drugmaker Ranbaxy Laboratories reported Thursday third quarter net profits nearly tripled, driven by higher sales and favourable currency movements.

Sensex up 123 points on profit booking

Posted: 11 Nov 2010 12:08 AM PST

Erasing early gains, the Bombay Stock Exchange benchmark Sensex fell by 123 points at mid-session today, as investors booked profits amid mixed bag of quarter earnings.

Rupee down 26 paise against US dollar

Posted: 11 Nov 2010 08:24 PM PST

The rupee weakened by 26 paise to Rs 44.57 against the US dollar in the early trade at the Interbank Foreign Exchange today as the American currency firmed up against other international currencies.

South Korea, US fail to resolve trade deal row

Posted: 11 Nov 2010 07:11 AM PST

The United States and South Korea failed to revive a stalled free trade agreement on Thursday, dealing a blow to both countries' leaders and putting a brake on bilateral trade.

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