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Sensex closes 200 points on stronger rupee
Mumbai, May 28 (IANS) Supported by firm global cues and a stronger rupee, a benchmark index for Indian equities market closed nearly 200 points up Monday. Robust buying was seen in banking, power and consumer durables stocks. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,289.82 points closed at 16,416.84 points, up 1.23 percent or 199.02 points from

Sensex ends nearly 200 points up

Heavy buying in bank, power, capital goods and automobile stocks lifted the Indian benchmark stock indices Sensex and Nifty to a buoyant close on Monday. Several other blue chips from realty, metal,

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Rupee slump costly for $5.5 bln in convertible bonds

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Rupee slump costly for $5.5 bln in convertible bonds

When promising tech company Subex sold $180 million in five-year convertible bonds in March 2007 to fund the acquisition of a Canadian technology company, India was at the height of an unprecedented

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Sensex up 102 pts; BHEL, SBI among top gainers

With several blue chip stocks trading firm with most of their morning gains intact, the market continues to trade in positive territory. Though stocks from realty, oil and metal sectors are trading

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BSE Sensex seen volatile before derivatives expiry

The BSE Sensex is expected to remain volatile ahead of the expiry of May derivatives contracts on Thursday. Jan-March GDP numbers, due to be announced on May 31 at 11 a.m. (0530 GMT), will also be

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