Speculators sell silver as prices fall |
- Speculators sell silver as prices fall
- Kingfisher justifies closing of LCC arm
- Moody's downgrades Italy credit rating by three levels
- Services sector in contraction mode
- RBI eases small money transfers norms
- Sensex closes 72 points down
- Sensex slips on selling pressure
- SBI: Govt will provide capital by March 2012
- SBI slips 3% on BSE after Moody’s downgrade
- Rupee gains against US dollar in early trade
- Sensex up 115 pts in opening trade
| Speculators sell silver as prices fall Posted: 05 Oct 2011 05:25 PM PDT As silver prices have slipped substantially over the last few months, speculators who had bought silver in anticipation of a spike beyond the Rs 70,000 level are selling their stocks to check further losses, traders said. 
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| Kingfisher justifies closing of LCC arm Posted: 05 Oct 2011 05:21 PM PDT Vijay Mallya-owned Kingfisher Airlines on Wednesday defended its decision to shut down its low-cost arm in four months, which is seen as a move going against the direction in which Indian aviation is moving. 
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| Moody's downgrades Italy credit rating by three levels Posted: 05 Oct 2011 04:16 PM PDT Italy's credit rating was cut by Moody's Investors Service for the first time in almost two decades on concern that chronically weak growth will make it difficult to reduce the region's second-largest debt while fallout from the region's debt crisis boosts financing costs. 
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| Services sector in contraction mode Posted: 05 Oct 2011 01:52 PM PDT Activity in the services sector shrank in September as new orders sank, a new survey released on Wednesday shows. 
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| RBI eases small money transfers norms Posted: 05 Oct 2011 07:46 AM PDT With a view to facilitating fund transfers to people, particularly migrants, who do not have bank accounts, RBI on Wednesday relaxed norms by doubling the transaction cap on small money transfers. 
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| Posted: 05 Oct 2011 04:25 AM PDT A benchmark index for Indian equities closed in the negative terrain for the fourth straight day Wednesday as the State Bank of India's ratings downgrade dampened sentiments on Dalal Street. 
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| Sensex slips on selling pressure Posted: 05 Oct 2011 02:02 AM PDT A benchmark index for Indian equities slipped into red in the afternoon session on Wednesday after rising nearly one percent in the morning trade, as weakness in banking stocks continue to weigh on Dalal Street's sentiments. 
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| SBI: Govt will provide capital by March 2012 Posted: 05 Oct 2011 01:37 AM PDT State Bank of India chairman Pratip Chaudhuri on Wednesday said that the government will provide the bank with the capital by December or latest by March 2012. 
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| SBI slips 3% on BSE after Moody’s downgrade Posted: 04 Oct 2011 11:34 PM PDT Shares of State Bank of India took a beating on the bourses for the second consecutive session on Wednesday, losing more than 3 per cent in early trade after Moody's downgraded its rating of the bank's financial strength. 
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| Rupee gains against US dollar in early trade Posted: 04 Oct 2011 10:46 PM PDT The Indian rupee rose by 26 paise to Rs 49.14 per US dollar in early trade on the Interbank Foreign Exchange on Wednesday, supported by euro gains against the American currency and a rebound in the domestic stock market. 
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| Sensex up 115 pts in opening trade Posted: 04 Oct 2011 09:22 PM PDT The BSE benchmark Sensex rose by 115 points in opening trade on Wednesday on the emergence of buying at existing lower levels, driven by a firming trend on other Asian bourses. 
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