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Sensex dives to 6-wk closing low, ends below 16,000

Sensex down 59 points amid cautious trades; Voltas jumps 9% on results
Equities drifted lower in early trades on the major Indian bourses this morning with investors pressing sales at several blue chip counters, tracking a weak lead from Asian markets. Oil stocks, which rallied sharply on Thursday morning after state run oil marketing firm hiked petrol price by a sharp Rs 7.50, but gave up their gains subsequently, are off to a weak start this morning. Metal, PSU, information

BSE Sensex rallies on fuel hike hopes; doubts emerge

The BSE Sensex rose 1.7 percent on Thursday, its biggest percentage gain in nearly two months, after a steep hike in petrol prices boosted oil stocks such as ONGC by kindling hopes of similar hikes in

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Exide Industries ups battery prices; shares rise

Shares in Exide Industries rose 2.5 percent after the company raised prices for automotive batteries. A company spokesman confirmed earlier media reports that the company has raised automotive

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BSE Sensex rises on fuel hike hopes, ONGC surges

The BSE Sensex rose 1.8 percent on Thursday, its biggest single day gain since March 30, after the steep hike in petrol prices sparked hopes of similar hikes in other fuels, pushing up energy stocks

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Bharti to buy 49 pct in Qualcomm India broadband venture

Bharti Airtel , India's biggest mobile phone carrier, said on Thursday it agreed to buy a 49 percent stake in Qualcomm Inc's fourth-generation (4G) broadband venture in the country for $165 million.

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Sensex ends 274 points up

The market opened on a firm note this morning, and despite suffering a setback of sorts subsequently, recovered swiftly and then rallied sharply as the session progressed to eventually end the day

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