Indian shares rose to a 31-month high, as global investors poured in their cheap funds seeking higher returns, which, some believe, may be causing the next asset price bubble here. Metals firms Sterlite Industries, ICICI Bank, Infosys Technologies and State Bank of India (SBI) led the gains on a day when 26 of the 30 [...]

IT bellwether Infosys Technologies today plunged 2.65 per cent in early trade a day after the government approved hiking the minimum alternative tax . Shares of Infosys Technologies tanked 2.65 per cent to a month-low of Rs 2,690 on the Bombay Stock Exchange. Significant losses in Infosys also dragged the BSE IT index down by [...]

Shares rose 0.3 percent early on Wednesday, with Infosys Technologies and HDFC Bank leading the rise, taking cues from firm global markets. the 30-share BSE index was up 0.26 percent at 18,095.64 points, with two-thirds of its components advancing. The 50-share NSE index was up 0.3 percent at 5,430. News beuro,

The BSE benchmark Sensex today fell by 150 points on sustained selling of blue-chips, led by IT stocks, after the US Federal Reserve expressed concern over the state of the American economy. The broad-based National Stock Exchange index Nifty also fell by 40.10 points to 5,4520.60, after trading between a low of 5,412.00 and high [...]

The Bombay Stock Exchange(BSE) Index, the Sensex, closed up 0.3% on Tuesday to log its best close in nearly two-and-a-half years as a positive European markets overshadowed a disappointing quarterly earnings from IT bellwether Infosys Technologies. The 30-share BSE index rose 0.27% or 48.70 points to 17985.90, its best close since Feb 19, 2008. The [...]

Rupee would continue to depreciate against the dollar due to cross currency volatility in the global markets and India’s huge trade deficit, a senior executive of Infosys Technologies said Tuesday. “Currency markets are going to be too volatile and the rupee will tend to weaken further against the dollar as in the case of euro [...]

Investors battered the Infosys counters today and pulled it down nearly 3.5 per cent after the IT bellwether reported a lower-than-expected first quarter results with a 2.4 per cent fall in net profit. Shares of the country’s second largest software exporter plunged 3.44 per cent to settle at Rs 2,795.30 on the Bombay Stock Exchange. [...]

Shares dropped 0.2 per cent early on Tuesday, with Infosys Technologies Ltd falling more than 2 per cent as the outsourcer lagged market estimates with a surprise 2.6 per cent drop in quarterly profit. The 30-share BSE index was down 0.18 per cent at Rs 17,905.77. Shares in Infosys, the country’s no 2 software exporter, [...]

Equities were witnessing a choppy session with negative bias on Tuesday after lower-than-expected first quarter results from Infosys Technologies hurt sentiments. National Stock Exchange’s Nifty was at 5363.60, down 19.4 points or 0.36 per cent. The broader index hit a high of 5385.40 and low of 5357.85. Bombay Stock Exchange’s Sensex was at 17872.08, down [...]

Led by IT major Wipro, Indian stocks trading on American bourses added over $1 billion to their cumulative market capitalisation last week. For the week ended July 9, the 16 Indian companies listed on the New York Stock Exchange and Nasdaq together added $1.07 billion to their total market capitalisation, with Wipro alone accounting for [...]