Banks, real estate and automobile shares could lead the stock market lower on Monday, after the Reserve Bank of India (RBI) raised interest rates sooner than expected to combat inflation.
With the Reserve Bank of India expected to go in for another increase in policy rates during its upcoming review on July 27, the market undertone [...]

Indian markets drifted lower Thursday as sentiments turned bearish following profit booking in global indices. All the sectoral indices were in the red with metals, realty and IT stocks were worst hit.
“On daily candlestick chart we witnessed formation of a Bullish Belthold candle which bounced of the channel support. We expect the Nifty to inch [...]

Benchmarks ended near day’s lows Friday taking cues from weak global markets. Surge in index-heavy weight ONGC after the Empowered Group of Ministers hiked fuel prices failed to hold the indices. The correction was led by banks, metals and IT stocks.
The EGoM approved hike of Rs 3.5 per litre in petrol, diesel prices were hiked [...]

Following the volatility in global markets, most corporates have deferred their overseas borrowing plans until dust settles on the sovereign crisis in Europe.
The Reserve Bank of India’s data show that Indian companies raised close to $11 billion through foreign loans — external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) — during the first [...]

Continuing its selling spree, global financial major Citigroup offloaded shares of seven domestic companies, including six Sensex firms like Reliance Industries and ICICI Bank, in block deals valued at Rs 109.58 crore.
Foreign fund house Citigroup Global Markets Mauritius sold a total of 8,54,633 shares in these companies. These shares were purchased by ABN Amro Bank [...]

Equities moved up further on Wednesday, shrugging off weakness in Asian markets and instead taking cues from a late pullback in US stocks.
The day at 16,621.12 against the previous close of 16,617.10. The 30-share index moved between a high of 16,691.32 and low of 16,609.18 in the early minutes.
Nifty was at 5009.85, up 22.75 points [...]

Bargain-hunting lifted world stocks on Wednesday off the previous session’s nine-month lows while the euro pared some losses but was capped by a poorly received German bond sale.
Buying kicked in on stocks after global indices hit their lowest levels since last August this week, and Wall Street also looked set to open on a firm [...]

Indices were witnessing buying activity Thursday as sentiments in global markets turned bullish on expectations of easing of economic concerns in Europe. All the sectoral indices were in the green led by rate sensitives’ like realty, auto and banks.
National Stock Exchange’s Nifty was at 5194.35, up 37.70 points or 0.73 per cent. It touched [...]

Gold prices tumbled by Rs 380 to below Rs 18,000 per ten grams on the bullion market on Monday on heavy selling by stockists, taking cues from global markets, where rates for the metal fell sharply.
Standard gold and ornaments plunged by Rs 380 each to Rs 17,720 and Rs 17,570 per ten grams respectively. Sovereigns [...]

Indices opened with a gap-down Friday as sentiments in global markets continued to remain bearish on concerns of economic crisis in the Europe. Back home all eyes will be set on Supreme Court verdict on RIL-RNRL KG6 gas basin.

Bombay Stock Exchange’s Sensex was at 16754.18, down 233.35 points or 1.37 per cent. The index touched [...]