Market regulator SEBI and Finance Ministry have come up with conflicting opinions over the applicability of Right to Information Act on stock exchanges.
Senior professionals in the financial services industry in India are getting paid almost on par with their counterparts in London or New York, reports MC Vaijayanthi.
Month-end dollar purchase by oil companies coupled with short covering by banks saw the rupee drop against the greenback after an eight-week rally, reports Vyas Mohan.
The benchmark Sensex loses over 143 points on emergence of selling by funds at heavy-weight counters like Reliance Industries and Infosys Technologies.
The benchmark BSE Sensex closes 55 points down on selling in shares of software firms on concerns that the rising rupee will hurt their export revenues and growth.
The stock market opens firm with BSE benchmark Sensex climbing over 215 points to regain the 14,000 level on funds buying.
The benchmark Sensex surges by nearly 170 points on buying by funds in heavy-weight stocks, led by banking shares.
Sensex on Wednesday closes above the 14,000 mark after a gap of 8 sessions at 14,127.31 points, reports Vyas Mohan.
BSE-30 share index, Sensex, flares up by another 172.40 points, or 1.22 per cent to close the session at 14,299.71.
Sensex advances 115 points due to brisk buying by funds even as the index heavy-weight Reliance Industries surged to set a new peak at Rs. 1761.55.
Many mid-caps are rallying after a full year of underperformance. The point about these stocks, though, is that they can cover a year's distance in 10 days, writes Udayan Mukherjee.
The Nifty scales a new peak during intra-day trade, but slips to 4,256.50 at closing, reports Vyas Mohan.
Sensex ends higher by 133.08 points largely on the back of strong rally in consumer durable goods, reports Vyas Mohan.
The rupee weakens against the US currency and is quoted lower by about 3.50 paise in late morning dealings on some demand for dollar by banks.
The BSE benchmark Sensex closes higher by over 39 points on account of recovery in select heavy-weight stocks as funds resumed buying.