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Closing Bell: Stock Market ends with marginal gains

Market ends with marginal gains, Nifty below 10,800; Bharti Airtel, Sun Pharma top gainers. Benchmark indices erased all its morning gains in the final hour of trading as some selling pressure was seen in metal, energy, realty stocks which pulled the Nifty below 10,800. The Sensex was up 39.80 points at 35,483 and the Nifty

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100% gain: 2 mid-cap stocks that doubled money in just 6 months

Indian share markets We have seen sharp rise and fall in last six months with Indian Share Markets the benchmark Sensex  hitting all-time high level.  Plunging to 4-month low. In the corresponding time, many large-cap stocks have outperformed. The key equity indices such as HUL, Bajaj Finance, M&M, Kotak Mahindra Bank, Tech Mahindra and TCS. In the

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Sensex snaps 2-day rally on profit-booking; focus shifts to G7 meeting

The benchmark BSE Sensex dipped 19 points to close at 35,443.67 today after two straight sessions of robust gains due to profit-booking in power, metal, FMCG and banking stocks. Overseas, European stocks followed Asian peers lower after a mixed close on Wall Street overnight amid uncertainty over global trade relations ahead of a key G7 meeting. The 30-share

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RBI reduces interest rate on unclaimed deposits by 50 bps to 3.5%

Interest rate on unclaimed deposit amount transferred to Depositor Education and Awareness (DEA) fund has been reduced by 50 basis points to 3.5 per cent, the Reserve Bank said today. In June 2014, RBI had specified that the rate of interest payable by banks to the depositors/claimants on the unclaimed interest bearing deposit amount transferred to the

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Sensex rises 243 pts, Nifty tops 10,750; 8 of every 10 smallcaps end higher

Indian equity benchmarks rose for a second straight session riding gains in bank, IT, auto and metal stocks, a day after the RBI increased repo rate and maintained neutral stance. According to analysts, chances of a status quo were greater than a rate hike and it was RBI’s ‘neutral’ stance that did the job. Besides,

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Sensex ends over 275 points higher, Nifty near 10,700 after RBI hikes repo rate

A three-day losing streak broken and how! Equity benchmarks had a good day of trade, with the Sensex closing 275 points higher, while the Nifty closed near 10,700-mark. The market witnessed a last hour surge after Reserve Bank of India’s Monetary Policy Committee decided to hike repo rate to 6.25 percent. While the Street began

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RBI raises repo rate by 25 basis points in first interest rate hike in four-and-a-half years; stance ‘neutral’

The Reserve Bank of India on Wednesday voted unanimously to hike repo rate by 25 basis points, in a first in four-and-a-half years after giving RBI’s MPC began its 3-day meeting on Monday. The six-member MPC, headed by Governor Urjit Patel, is meeting for three days for the first time instead of the usual two days

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RBI Monetary Policy June 2018: Rate-sensitive stocks mostly higher; PNB gains 3%, SBI up 2%; HDFC twins flat

RBI Monetary Policy June 2018: The six-member Monetary Policy Committee of the Reserve Bank of India (RBI) headed by the governor Urjit Patel is all set to announce the outcome of its first three-day policy meeting at around 2:30 pm today, 6 June 2018 (RBI Policy date). According to experts, there are relatively more chances that