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BSE Sensex extends recovery after recent falls
The BSE Sensex and Nifty gain 0.6 percent, extending a recovery after recent falls. Tata Motors gains 1.8 percent ahead of earnings due later in the day. Bargain hunting also boosts some blue chips. Reliance Industries up 0.7 percent. Morgan Stanley upgraded Reliance Industries to "equal-weight" from "underweight", citing attractive valuations. Tech stocks like Infosys gaining 1.1 percent, while

Morgan Stanley downgrades RComm, Idea Cellular

Morgan Stanley has downgraded its view on India's telecom sector to "in-line" from "attractive", citing increased regulatory risks tied to the spectrum auction, and "relatively weaker" 3G outlook.

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Sensex recovers after mild setback

After a firm start and a subsequent fall from higher levels, the market has edged up again thanks to resumption of buying at several blue chip counters in automobile, information technology and

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Sensex up amid cautious early trades; Automobile stocks move up

Despite a lack of prominent triggers, equities edged higher in early trades on the Indian bourses this morning with investors indulging in some buying at several counters. Some short-covering ahead of

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Sensex up 1.2% as blue chips rally

The Bombay Stock Exchange (BSE) benchmark Sensex rose 1.2 per cent on Monday to close at 16,416.84 points, its highest since May 10, as improved global risk sentiment spurred buying in financials ,

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Re fall has minor impact on India?s rating, says Moody's

The sharp fall in the value of the rupee against the dollar — the domestic currency crossed Rs 56 last week — had insignificant impact on India’s sovereign rating, Moody’s

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