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Business  /  Published 11.08.22

Sensex rallies over 580 pts in early trade

Equity benchmark Sensex rallied 580 points in early trade on Thursday, buoyed by intense buying in IT, financial and banking stocks amid a firm trend in global markets. The 30-share BSE index was tra...
By PTI in Mumbai

Business  /  Published 26.07.22

Battered RIL sets off slide

After opening at 55877.50, the gauge hit a low of 55537.08 and later ended at 55766.22, a drop of 306.01 points or 0.55 per cent. In the Sensex pack, Mahindra & Mahindra fell the most by 3.80 per...
By Our Special Correspondent in Mumbai

Business  /  Published 05.07.22

Cash gush puts lid on yields

Market circles said declining crude oil prices also contributed to the rally in bond prices. Brent crude is now trading at around $113 per barrel, down from over $120 per barrel nearly a month ago. ...
By Our Special Correspondent in Mumbai

Business  /  Published 15.06.22

Taut nerves ahead of Fed rate call

Global investors were in wait-and-watch mode ahead of the US Federal Reserve’s policy decision on Wednesday amid expectations of accelerated rate hikes to cool scorching inflation, they added. ...
By Our Bureau in Mumbai

Business  /  Published 09.06.22

Stocks take a beating

Equity benchmarks lurched lower for the fourth session on the trot on Wednesday after the RBI hiked the policy rate on expected lines but sharply raised the inflation forecast for the current fiscal a...
By Our Special Correspondent in Mumbai

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Business  /  Published 04.05.22

RBI hikes key lending rate

In a surprise move, India’s central bank has hiked its key lending interest rate by a hefty 40 basis points as it steps up its fight to battle inflation. The Reserve Bank of India also incr...
By Paran Balakrishnan in New Delhi

Business  /  Published 02.02.22

The questions Nirmala’s narrative is throwing up

“The fiscal deficit in 2022-23 is estimated at 6.4 per cent of GDP, which is consistent with the broad path of fiscal consolidation announced by me last year to reach a fiscal deficit level belo...
By Devadeep Purohit in Calcutta

Business  /  Published 01.02.22

Sensex jumps 800 points

The BSE Sensex soared 813 points to close above 58,000, buoyed by positive commentary in the Economic Survey and expectations of more reforms in Tuesday’s budget, while  positive global cue...
By Our Special Correspondent in Mumbai

Business  /  Published 12.01.22

Sensex climbs about 400 pts

The BSE Sensex zoomed nearly 400 points to reclaim the key 61,000-level in opening deals on Wednesday, buoyed by expectations of a good quarterly earnings season. Starting off on a positive note, the...
By Our Bureau, PTI in Mumbai

Business  /  Published 07.01.22

Hawkish Fed wrecks mood

The hawkish tenor in the minutes of the US Federal Reserve meeting severely disrupted a four-session stock rally on Thursday with the BSE Sensex plummeting over 621 points and the broader Nifty 50, 17...
By Our Special Correspondent in Mumbai


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