Mumbai

Rupee up 2 paise at 61.49 against US dollar in early trade

Mumbai - The rupee was marginally up by two paise to 61.49 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange on increased selling of the American currency by banks amid a higher opening in the domestic equity market and continued foreign capital inflows.

Besides, economic factors such as retail inflation declining to 5.52 per cent in October and industrial production growing at three-month high of 2.5 per cent in September supported the rupee, forex dealers said.

The rupee had edged higher by four paise to end at 61.51 against the American currency in yesterday's trade on fresh selling of dollars by banks and exporters.

Sensex gains 89 points in early trade on positive economic data

Mumbai - Continuing its winning streak for the fourth straight session, the benchmark BSE Sensex rose over 89 points in early trade on Thursday on the back of positive economic data amidst sustained foreign capital inflows.

The 30-share barometer moved up by 89.84 points, or 0.32 per cent, to 28,098.74 with consumer durables, capital goods, power, auto, healthcare and banking sector stocks leading the rise.

Similarly, the National Stock Exchange index Nifty rose by 24.70 points, or 0.29 per cent, to 8,408. Brokers said buying activity gathered momentum on positive economic data as the country's industrial production grew at 2.5 per cent in September.

Sensex, Nifty scale lifetime highs on capital inflows

Mumbai - The benchmark BSE Sensex hit lifetime high of 28,051.78 and the NSE Nifty soared to another peak of 8,394.95, respectively in opening trade today amid sustained overseas fund inflows and positive global cues.

Besides, expectations of encouraging economic data to be released later in the day and a firming trend at other Asian markets, influenced trading sentiments.

The 30-share index, which had gained 41.43 points in the previous two sessions, flared up by 141.72 points, or 0.50 per cent, to hit new record-high of 28,051.78, surpassing its earlier peak of 28,027.96 reached on November 10.

Sensex extends gains, up 76 points in early trade

Mumbai - The benchmark BSE Sensex gained over 76 points in early trade today on sustained buying by foreign funds and retail investors amid a firming trend at other Asian bourses and hopes of further push to economic reforms by the government after recent Cabinet expansion.

The 30-share index, which had gained 6.10 points in the previous session, rose by 76.16 points, or 0.27 percent, to 27,950.89 with infrastructure, realty, oil & gas, healthcare, PSU and auto stocks leading the rise.

The NSE Nifty also edged higher by 20.35 points, or 0.24 percent, to 8,364.60.

RBI tightens norms for NBFCs; revokes registration suspension

RBI tightens norms for NBFCs; revokes registration suspensionMumbai: Tightening norms for non-banking financial companies (NBFCs), RBI Monday raised capital adequacy requirement and net owned fund limit, among others, with an objective to mitigate risks in the sector.

With a view to streamline the regulations for the sector, RBI also revoked temporary suspension on issuance of Certificate of Registration (CoR) to companies that want to conduct business of non-banking financial institution (NBFI).

As per the latest directives, RBI has raised the limit for NBFCs to maintain the Net Owned Fund (NOF) requirement to four times by 2017 to Rs 2 crore.

Injured Dhoni out of last two ODIs,Brisbane Test; Rahul, Karn, Raina in Test squad

mahendra singh dhoniMumbai, Nov 10 : Skipper M S Dhoni has been rested for the remaining two one-day internationals against Sri Lanka and the first Test against Australia to be played in Brisbane to recover from a right wrist injury.

Virat Kohli will lead the side in his absence.

Dhoni had earlier opted out of the first three games of the five-match series against Sri Lanka, citing the need for a break to freshen up ahead of the tour of Australia and the World Cup.

Meanwhile, the selectors have named Karnataka batsman K L Rahul and Railways leg spinner Karn Sharma and Uttar Pradesh south paw Suresh Raina in the 19-member Test squad.

Sensex, Nifty hit fresh lifetime highs on capital inflows

Mumbai - The benchmark BSE Sensex hit new record-high of 28,027.96 and the NSE Nifty touched another peak of 8,383.05, respectively in opening trade on Monday as investors cheered expansion of the Union Cabinet amidst continued foreign capital inflows.

Besides, a mixed trend at other Asian markets influenced trading sentiments.

The 30-share index, which had lost 47.25 points in the previous session, recovered by 159.33 points, or 0.57 per cent, to a new peak of 28,027.96 with all sectoral indices, led by FMCG, healthcare, metal and consumer durables gaining up to
1.43 per cent.

Rupee gains 17 paise at 61.45 against US dollar

Mumbai - The rupee strengthened by 17 paise to 61.45 against the dollar in early trade on Monday at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks amidst sustained foreign capital inflows.

Forex dealers said besides increased selling of the American currency by exporters and banks, the dollar's weakness against other currencies overseas, supported the rupee.

A higher opening in the domestic equity market, which soared to new highs, too influenced the rupee, they added.

Sachin's autobiography 'Playing it my Way' released

Playing it my WayMumbai, Nov 5 : Former Indian batsman Sachin Tendulkar's autobiography ' Playing it my Way' was officially released in Mumbai on Wednesday.

Many former cricketers graced the ceremony, including Sunil Gavaskar, Dilip Vengsarkar, Ravi Shastri, Vasu Paranjape, Rahul Dravid, VVS Laxman and Saurav Ganguly.

"You will not get a more cricketing evening than this, and it is appropriate that someone who stands for cricket in India should have brought such an audience like this," said commentator and journalist Harsha Bhogle.

Boria Majumdar, who co-authored the book, said the book was a 'three-and a half years long pregnancy'.

Rupee gains 6 to 61.34 paise against dollar in early trade

Mumbai - The rupee strengthened by six paise to 61.34 against the US dollar in early trade today at the Interbank Foreign Exchange on selling of the US currency by exporters and banks amidst sustained capital inflows.

The rupee settled four paise down at 61.40 against the dollar on Monday. Forex market remained closed yesterday on account of "Muharram".

Traders said besides selling of the American currency by exporters and banks, continued foreign fund inflows and a higher opening in the domestic equity market, helped the local currency to strengthen but the dollar's gain against other currencies overseas, capped the rupee's rise.

Sensex breaches 28,000-mark in early trade; Nifty at 8,363.65

Mumbai - The benchmark BSE Sensex breached 28,000-mark for the first time and the NSE Nifty hit a new peak of 8,363.65 in early trade on Wednesday on sustained fund inflows amidst optimism over encouraging corporate earnings.

Besides, falling global crude oil prices which dipped to its lowest closing point since October 2011 also influenced trading sentiments, brokers said.

The 30-share index flared up by 141.57 points, or 0.50 per cent, to hit a new peak of 28,001.95, surpassing previous intra-day record of 27,969.82 reached on Monday.

The gauge had shed 5.45 points in the previous session. Markets remained closed yesterday on account of "Muharram".

Sensex, Nifty at lifetime highs on capital inflows, global cues

Sensex NiftyMumbai: Markets on Monday hit new lifetime highs with the benchmark BSE Sensex rising to 27,969.82 and the NSE Nifty scaling another peak 8,350.60 in early trade today on sustained inflow of foreign funds.

Extending its record-run, the 30-share index spurted by another 103.99 points, or 0.37 percent, to quote at new lifetime high of 27,969.82 in early trade today, breaching its previous intra-day high of 27,894.32 touched on Friday.

The gauge had gained 1,112.93 points in the past four sessions.

Fadnavis takes over as first BJP CM of Maharashtra

Devendra FadnavisMumbai, Oct 31 : Bharatiya Janata Party (BJP) leader Devendra Fadnavis on Friday took oath as the Chief Minister of Maharashtra. He took the oath of office in Marathi in the presence of Prime Minister Narendra Modi and several other BJP stalwarts at a grand function in Wankhede Stadium here.

The 44-year-old Fadnavis, a four-term MLA from Nagpur, exchanged pleasantries with Maharashtra Governor C. Vidyasagar Rao after taking the oath of office. Fadnavis today became the first leader from the BJP to head the state government.

Sensex hits new record-high of 27,493.59; Nifty crosses 8,200

sensex upMumbai: The BSE Sensex and the NSE Nifty soared to hit new all-time highs of 27,493.59 and 8,214.65 points, respectively, in opening trade Friday on sustained fund inflows, driven by a slew of economic reforms announced by the government amidst optimism over strong corporate earnings.

Rising for the fourth straight day, the 30-share index flared up by 147.26 points, or 0.53 percent, to hit a new peak of 27,493.59.

The gauge had gained 593.43 points in previous three sessions to close at record-high yesterday at 27,346.33 in yesterday's session. It had also touched an intra-day lifetime high of 27,390.60 in the previous session.

Property prices likely to remain stable for next 6 mths: Survey

Mumbai - Even as the overall sentiment in the real estate sector has improved, buyers feel property prices across top 10 cities are likely to remain stable for the next six months, according to a recent survey.

The Housing Sentiment Index (HSI) assessed by IIM Bangalore and real estate portal Magicbricks home buyers across 10 cities -- Ahmedabad, Bangalore, Chennai, Delhi, Gurgaon, Hyderabad, Kolkata, Mumbai, Noida and Pune -- suggests that real estate prices are likely to remain stable over the next six months.

Sensex extends rally; Nifty regains 8,100-mark

Mumbai - Continuing its winning streak for the third straight session, the benchmark BSE Sensex rose over 48 points and the NSE Nifty regained the 8,100-mark in Thursday morning trade on sustained buying in bluechip stocks amid a mixed trend in Asian markets.

Besides, covering-up of pending short positions by speculators on the last day of October series expiry in the derivatives segment, buoyed market sentiments.

The BSE 30-share barometer rose over 48.27 points, or 0.17 percent, to 27,146.44. The NSE Nifty also maintained its rising trend and regained the 8,100-mark for the first time since September 23 by gaining 12.10 points, or 0.14 percent, to trade at 8,102.55.

Sensex surges 150 pts in trade to regain 27,000-mark

Mumbai - The benchmark BSE Sensex regained the 27,000-mark by surging over 150 points in Wednesday morning trade on continued buying by participants amid good quarterly earnings and a firming trend overseas as investors await the outcome of the US Federal Reserve policy meeting.

Besides, covering-up of short positions by speculators ahead of monthly expiry in the derivatives segment, supported the rally.

The 30-share barometer regained the psychological 27,000-mark for the first time since September 23 by surging 150.26 points, or 0.56 percent, to 27,031.08 with all the sectoral indices, led by auto, realty and oil & gas, trading in positive zone with gains up to 0.97 percent.

Shah Rukh Khan celebrates success of recent film-based mobile game in Mumbai

Shah Rukh KhanMumbai, Oct 28 : Shah Rukh Khan and the star cast of his recently released film 'Happy New Year' celebrated the grand success of their movie -based mobile game on Monday in Mumbai.

Khan has joined hands with Vroovy to launch the official game, "Happy New Year: The Game", which is available on iOS, Android and also Facebook.

The official mobile game of ' Happy New Year' was out on Android and iOS last week and is a side scroller, action game with eight levels and six playable characters.

The entire star cast of the film was present at a news conference to promote the mobile game which encapsulates the essence of the film.

Fadvanis elected Maharashtra BJP legislature party chief unanimously

Devendra FadnavisMumbai, Oct 28 : Bharatiya Janata Party (BJP) MLAs on Tuesday unanimously chose Maharashtra BJP president Devendra Fadvanis as their leader, thus paving the way for him to be invited to be the next chief minister of the state.

Union Home Minister Rajnath Singh, who was the party's central observer, announced this decision after the meeting in Mumbai.

Earlier, both Fadnavis and Union Transport Minister Nitin Gadkari were in the ring for the post, but Gadkari had ruled himself out after a meeting with top RSS leaders in Nagpur last week.

Sensex recovers 81 points in morning trade

Mumbai - The benchmark BSE Sensex staged a comeback by rising over 81 points in Tuesday morning trade on selective buying by foreign funds and investors amid a mixed global cues.

The 30-share barometer, which had lost 98.15 points in the previous session, recovered 81.43 points, or 0.30 percent, to 26,834.33 with the sectoral indices led by capital goods, banking, healthcare and realty were trading in positive zone with gains up to 0.52 percent.

Also, the National Stock Exchange index Nifty, regained the 8,000-mark by rising 20.60 points, or 0.26 percent, to 8,012.30.




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