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Sensex recovers 204 points; Nifty reclaims 7,800-mark Sensex recovers 204 points; Nifty reclaims 7,800-mark The National Stock Exchange index Nifty scaled the 7,800-mark by surging 66.20 points, or 0.85 percent, to 7,854.30.
Rupee recovers 9 paise at 66.34 against USD Rupee recovers 9 paise at 66.34 against USD The rupee recovered 9 paise at 66.34 against the dollar in early trade Friday on fresh selling of the US currency by exporters.
Satyam scam: Sebi asks Raju family, others to return Rs 1,800 crore Satyam scam: Sebi asks Raju family, others to return Rs 1,800 crore In a fresh order in the nearly seven-year old Satyam scam case, regulator Sebi on Thursday asked 10 entities linked to the main accused B Ramalinga Raju -- including his mother, brother and son -- to disgorge over Rs 1,800 crore worth of illegal gains made by them.
Rupee closes 2 paise down at 66.43 against USD Rupee closes 2 paise down at 66.43 against USD Snapping its two-day rising trend, the rupee slipped marginally by two paise at 66.43 against the US dollar Thursday on good demand for the greenback from banks and importers.
Sensex back in red despite late recovery, ends 97 points down Sensex back in red despite late recovery, ends 97 points down The 50-share NSE Nifty, which dipped below the crucial 7,700-mark and touched a low of 7,678.50 intra-day, recovered most of the lost ground to close at 7,788.10, down 30.50 points or 0.39 percent.
Market forces should determine rupee value: Sinha Market forces should determine rupee value: Sinha Value of the rupee should be driven by market forces even as the Reserve Bank and the government strive to maintain stability in the currency market, Minister of State for Finance Jayant Sinha has said.
Time is ripe for up to 1% rate cut by RBI: Arvind Panagariya Time is ripe for up to 1% rate cut by RBI: Arvind Panagariya Pitching for rate cut by the Reserve Bank, NITI Aayog Vice-Chairman Arvind Panagariya on Thursday said that "time is ripe" for 0.5 percent to 1 percent reduction in benchmark lending rates.
Sensex pares some early losses; still down 200 points Sensex pares some early losses; still down 200 points The benchmark BSE Sensex recouped some of the initial loses to trade 198.80 points lower at 25,520.78 in afternoon trade Thursday on buying support in Tata Motors, ITC and BHEL.
Sensex trims early losses, still down over 200 points Sensex trims early losses, still down over 200 points The benchmark BSE Sensex trimmed early losses but still traded lower over 200 points in mid-session trade Thursday as investors preferred to book profits after two-session rally on worries over likely delay in Goods and Services Tax.
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