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Market rally snaps on profit-booking, Greek uncertainty
Indian shares snapped a six-day rally on Monday, as uncertainty over talks between Greece and its private bondholders pulled down global markets and the poor order inflow of power equipment maker BHEL disappointed investors. Engineering, realty and power stocks saw the sharpest decline. The Sensex tumbled 371 points, or 2.15 per cent, to close at 16,863. The 30-stock index had gained 782 points in
Indian shares snapped a six-day rally on Monday, as uncertainty over talks between Greece and its private bondholders pulled down global markets and the poor order inflow of power equipment maker BHEL disappointed investors. Engineering, realty and power stocks saw the sharpest decline. The Sensex tumbled 371 points, or 2.15 per cent, to close at 16,863. The 30-stock index had gained 782 points in
Tata steel: Global concerns cloud near-term prospects
The eurozone crisis could hurt the company’s performance in the next 2-3 quarters, but its move to enhance input security and raise domestic output would help profitability in the long run.
The eurozone crisis could hurt the company’s performance in the next 2-3 quarters, but its move to enhance input security and raise domestic output would help profitability in the long run.
Friday blues grip Indian markets
Indian stock markets have no love lost for Fridays, it seems. Consider this: Of the 11 Fridays since July 1, the Bombay Stock Exchange (BSE) benchmark, Sensex, ended in the red as many as nine
Profit share bill pinches mine, metal stocks hard
BSE metal index falls to 14,963.75; user industry remains a worried lot.
BSE metal index falls to 14,963.75; user industry remains a worried lot.
Yuan move spurs global stocks, commodities
Equity markets across the world made handsome gains today after China announced plans to make its currency, the yuan, more flexible against the dollar. Most of the Asian and European indices
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