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Nifty, Sensex pare early gains; automakers weigh

Monday,   19-Aug-2019   04:19 (IST)

Indian shares came off their session peak to close a tick higher on Monday, as strength in pharmaceutical stocks was largely offset by declines across the banking and auto sectors. The broader NSE Nifty ended 0.07% higher at 11,053.90, while the benchmark BSE Sensex gained 0.14% to finish at 37,042.49. The Nifty PSU bank index, tracking state-owned banks, shed 0.83%, with State Bank of India falling about 1.5%. A 1.6% slide in Eicher Motors Ltd contributed to a 0.56% decline in the Nifty auto index. The auto index has shed 36% over the past year, including a 22% plunge since mid-April, as the ...

Sensex rises 200 pts, Nifty tests 11,100

Monday,   19-Aug-2019   09:34 (IST)

Benchmark indices opened on a positive note on Monday. At 09:16 am, the S&P BSE Sensex was trading over 200 points higher at 37,580 levels while NSE's Nifty50 index was hovering around 11,100 ...

India's forex reserves rise to $430.57 bln as of Aug 9

Friday,   16-Aug-2019   05:17 (IST)

India's foreign exchange reserves rose to $430.57 billion, as of Aug. 9, compared with $428.95 billion a week earlier, the Reserve Bank of India said on Friday. Changes in foreign currency assets,...

Sensex settles 39 pts higher; IT, pharma stocks decline

Friday,   16-Aug-2019   04:05 (IST)

Markets ended flat on Friday dragged by uncertainty over announcement of any revival package by the government and weak global cues. Indices remained lacklustre for better part of the day, only to tur...

India's July trade deficit narrows to $13.43 billion

Friday,   16-Aug-2019   10:14 (IST)

India’s trade deficit in July narrowed to $13.43 billion from $18.63 billion a year ago, the trade ministry said in a statement on Wednesday, helped by lower oil import bill. Oil imports dived 2...

Sensex tumbles 300 pts, Nifty below 10,950

Friday,   16-Aug-2019   09:48 (IST)

Benchmark indices were trading lower in Friday's early morning trade, tracking their Asian peers. The S&P BSE Sensex slumped 325 points, or 0.87 per cent, to 36,986. Vedanta, HCL Tech, Tata St...

Indian shares end higher after Trump delays China tariffs

Wednesday,   14-Aug-2019   04:10 (IST)

Indian stock indexes ended almost 1% higher on Wednesday, after Washington delayed tariffs on some Chinese imports, bringing relief to markets across Asia. The benchmark NSE index ended 0.95% higher a...

Wholesale Inflation Eases To 1.08% In July

Wednesday,   14-Aug-2019   12:30 (IST)

India’s wholesale price inflation rose 1.08% on year in July, the slowest pace of price gain since June 2017 and easing for a fourth month, driven by faster contraction in fuel and as food price...

Sensex gains 200 pts, Nifty near 11,000

Wednesday,   14-Aug-2019   09:33 (IST)

Benchmark indices are trading higher in Wednesday early morning session amid gains in Asian stocks after US President Donald Trump yesterday backed off his September 1 deadline for 10 per cent tariffs...

Retail inflation dips slightly to 3.15% in July despite costlier food items

Tuesday,   13-Aug-2019   05:37 (IST)

Consumer price index (CPI)-based retail inflation eased marginally to 3.15 per cent in July on the back of softening fuel and light prices, even as inflation in the overall food basket moved up, gover...