Tag Archives: gain

Closing bell: Sensex rallies 346 pts to end above 33K; Midcap, Nifty gain 1%

3:30 pm Market Closing: Equity benchmarks rebounded sharply after three-day of losses, backed by technology, banks, metals and energy stocks. The 30-share BSE Sensex was up 346.38 points or 1.06 percent at 33,106.82 and the 50-share NSE Nifty rose 96.80 points or 0.96 percent to 10,214.80. About 1,672 shares advanced against 983 declining shares on the BSE. 3:29 pm Coal ... Read More »

Asia Stocks Gain As North Korea Missile Test Fears Recede, Dollar Rebounds

Singapore: The dollar rebounded from a 2-1/2-year low on Wednesday, and Asian stocks took their cue from Wall Street’s higher close, as concerns about North Korea’s firing of a missile over Japan ebbed. The dollar index, which tracks the greenback against a basket of six major peers, edged up 0.1 percent to 92.317. The dollar rose 0.1 percent to 109.8 ... Read More »

Market Live: Nifty above 9600, Sensex extends gain; M&M up 2%

11:45 am Management at banks: Banks Board Bureau (BBB) has recommended to the government names of 15 general managers of various public sector banks for appointment as executive directors. Sources said the recommendations were made by BBB Chairman Vinod Rai and other members of the bureau. The list would be sent to the Department of Financial Services to get Appointments Committee ... Read More »

ICICI, Axis, SBI Gain, RBI To Get Power To Act Against Loan Defaulters

Shares of public and private sector lenders were witnessing good buying interest in trade today a day after the Union Cabinet empowered the Reserve Bank of India (RBI) to act against wilful defaulters. The Union Cabinet cleared an ordinance empowering the Reserve Bank of India (RBI) to act against wilful defaulters. The ordinance has been sent to the president for ... Read More »

U.S. consumer prices post largest gain in three years; housing starts up

U.S. consumer prices recorded their biggest increase in more than three years in April as gasoline and rents rose, pointing to a steady inflation build-up that could give the Federal Reserve ammunition to raise interest rates later this year. Other data on Tuesday showed housing starts rose more than expected last month, with builders ramping up the construction of single ... Read More »

Yen posts biggest weekly gain since 2008, stocks slip

The yen hit an 18-month high on Friday as investors bet the Bank of Japan might be done adding stimulus to the economy, while stocks in Europe and on Wall Street headed lower as earnings disappointed. Major European stock indexes closed down more than 2 percent, but U.S. equities pared some losses by the close after being down as much ... Read More »

Ex-Barclays trader stood to gain $172.50 bonus from alleged Libor fixing, court hears

An ex-Barclays (BARC.L) trader accused of fixing a key financial benchmark for personal gain stood to earn a bonus of only $172.50 for his role in alleged rate-rigging in 2007, a London court heard on Friday. Adrian Darbishire, lawyer for Ryan Reich, one of five men on trial for conspiracy to defraud by manipulating U.S. dollar Libor rates between June ... Read More »

Sensex recaptures 25,000, posts fourth weekly gain

The main Sensex losers were Jindal Steel, down 5.07 percent at Rs 377.50; BHEL, down 3.01 percent at Rs 224.20 MUMBAI: : The truncated week saw the market enduring anxiety of deadly terrorist attack in Brussels, while extending gains for the fourth week in a row, as the benchmark Sensex clinched 384.82 points to finish at 25,337.56 and the broader ... Read More »

The Guardian view on the Irish election: economic pain for no political gain

The voters don’t do gratitude, self-pitying politicians are wont to moan. For technocratic admirers of Dublin’s outgoing Fine Gael/Labour coalition, the Irish election of 2016 has proved the point. In 2011, a near-bankrupt and recently bailed-out republic turned to Enda Kenny as a new broom, and his government enjoyed a record majority. Five years on, the economy is growing at ... Read More »