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Sensex tanks 77 points; metal, auto, power stocks hit
Mumbai, May 14 (IANS) A benchmark index for Indian equities markets fell 77 points Monday at the release of a higher-than-expected inflation data for April. Metal, automobile and power stocks came under intense selling pressure. Amid volatile trade, the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,318.36 points, closed at 16,215.84 points - down 0.47 percent
Mumbai, May 14 (IANS) A benchmark index for Indian equities markets fell 77 points Monday at the release of a higher-than-expected inflation data for April. Metal, automobile and power stocks came under intense selling pressure. Amid volatile trade, the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,318.36 points, closed at 16,215.84 points - down 0.47 percent
CBI summons Jagan to appear in court
Hyderabad: The Central Bureau of Investigation (CBI) today served summons on Kadapa MP Y S Jaganmohan Reddy which were issued by a court last week seeking his appearance in an alleged illegal
Hyderabad: The Central Bureau of Investigation (CBI) today served summons on Kadapa MP Y S Jaganmohan Reddy which were issued by a court last week seeking his appearance in an alleged illegal
Sensex recovers some lost ground after falling nearly 150 points
The market, which came off higher levels in late morning trades, tumbled sharply past noon following the release of inflation data for April 2012. According to the data released by the government,
The market, which came off higher levels in late morning trades, tumbled sharply past noon following the release of inflation data for April 2012. According to the data released by the government,
CBI serves summons on Jaganmohan Reddy
The Central Bureau of Investigation (CBI) Monday served summons on YSR Congress leader Y.S. Jaganmohan Reddy which was issued by a court last week seeking his appearance in an alleged illegal assets case.
The Central Bureau of Investigation (CBI) Monday served summons on YSR Congress leader Y.S. Jaganmohan Reddy which was issued by a court last week seeking his appearance in an alleged illegal assets case.
UK Stocks-Factors to watch on Monday May 14
* Britain's FTSE 100 index is seen opening down 39-43 points, or 0.8 percent on Monday, according to financial bookmakers, reflecting concerns about the euro zone crisis and the global growth
* Britain's FTSE 100 index is seen opening down 39-43 points, or 0.8 percent on Monday, according to financial bookmakers, reflecting concerns about the euro zone crisis and the global growth
Markets in oversold territory
The markets ended lower for the third straight week, amid global economic worries. The Sensex trended lower during the week, and finally settled with a loss of 538 points at 16,293. In the process,
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