The rupee lost 19 paise to hit a fresh two-month low of 55.07 against the US dollar in early trade today at the Interbank Foreign Exchange market on continued demand for the American currency from importers.
Falling for the fifth straight day, Sensex today closed 147.50 points lower at over two-week low of 18,471.37 weighed down by losses in metal and IT stocks amid weak global cues on persistent worries about US fiscal problem.
The benchmark Sensex of the Bombay Stock Exchange (BSE) on Tuesday ended down 51.5 points, or 0.3%, at 18,618.9 during Muhurat trading — the 75-minute special session conducted every year on the occasion of Diwali — mainly on profit booking by traders.
Snapping a seven-day rising streak, gold prices fell by
Rs. 85 in special Diwali trading today in the absence of any major buying activity amid a weak global trend.
The first trading session of Samvat 2069 concluded on a weak note as Sensex today closed nearly 52 points lower at over one-week low of 18,618.87, the first time since 2007 the BSE benchmark logged losses in
muhurat trades.
Fast-moving consumer goods major Nestle India today posted a 2.3% year-on-year rise in net profit at Rs. 267 crore during the July-September quarter against R261 crore in the year-ago period, the company said in a filing to the Bombay Stock Exchange.
Shares of Vijay Mallya-led United Spirits Ltd on Monday jumped by 34.9% to touch a four-month high on the company's announcement last week that it is selling a majority stake to Diageo.
Extension of its brand ‘Sanchi’ from silverware gifts to premium diamond, gold and silver jewelleries this season, has catapulted the sale of MMTC Limited-- the largest international trading company of India and the largest supplier of gold creating a new record today on Dhanteras. Debobrat Ghose reports.
Diwali is next week and Dhanteras is just a day away, but there seems to be no gold rush this year. Rising inflation and the effect of soaring gold prices is showing in Delhi's markets with shoppers opting for cheaper items.
Planning to buy gold on Dhanteras? Be prepared to shell out more for it. The price of gold, which dipped a bit in the past few weeks, has now crossed the
Rs. 32,000 mark for 10 gm. Market players say it could jump further on strong demand from Indians.
State-owned Indian Oil Corp (IOC) on Friday reported a net profit of Rs. 9,611.4 crore in the quarter ended September, against its worst-ever net loss of Rs. 7,485.6 crore in the corresponding period of the last year.
Tata Steel on Friday posted a net loss of Rs. 363.9 crore for the July-September second quarter on poor demand and high costs in the European market, against a net profit of Rs. 212.4 crore in the corresponding quarter last year.
State Bank of India on Friday announced a 30% year-on-year rise in its net profit to Rs. 3,658 crore for the second quarter ended September, against Rs. 2,810 crore net profit in the corresponding quarter last year.
Beer-maker United Breweries Ltd on Friday posted a net profit of Rs. 34.2 crore for the second quarter ended September 30 against Rs. 19.5 crore in the year-ago period.
Power Finance Corporation today posted a 33% rise in net profit at Rs. 1,084 crore for the quarter ended September 30, PFC chairman and managing director Satnam Singh said.