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PM Modi reiterates NDA's feats and terms Congress 'anti-poor' Part 2

Rishikesh, Sep 11 (ANI): Prime Minister Narendra Modi addressed a rally in Rishikesh on Friday and reiterated NDA's feats and termed Congress 'anti-poor'. PM Modi is on a 5 state tour. While highlighting the achievements like OROP, 4.25 lakhs toilets being built, he also promised 24 hours electricity supply to 18,000 villages by 2022. He ridiculed Congress for parliament logjam and reiterated that Congress impeded the progress of the nation. He also called Congress anti-poor and said they consider that entire nation as their fiefdom and a petty man like him who was a 'chai wala' couldn't take it away. He elaborated that this attitude of Congress led them to practicing politics of pessimism which doesn't last in a democracy.

PM Modi reiterates NDA's feats and terms Congress 'anti-poor' Part 1

Rishikesh, Sep 11 (ANI): Prime Minister Narendra Modi addressed a rally in Rishikesh on Friday and reiterated NDA's feats and termed Congress 'anti-poor'. PM Modi is on a 5 state tour. While highlighting the achievements like OROP, 4.25 lakhs toilets being built, he also promised 24 hours electricity supply to 18,000 villages by 2022. He ridiculed Congress for parliament logjam and reiterated that Congress impeded the progress of the nation. He also called Congress anti-poor and said they consider that entire nation as their fiefdom and a petty man like him who was a 'chai wala' couldn't take it away. He elaborated that this attitude of Congress led them to practicing politics of pessimism which doesn't last in a democracy.

BSE closes 11.96 points down on September 11

New Delhi, Sept 11 (ANI): Trading at the Bombay Stock Exchange today closed 11.96 points down to stand at 25,610.21. At the National Stock Exchange the Nifty closed 1.20 points up to stand at 7,789.30. Amtek Auto Ltd and ILandFS Transportation Networks Ltd were among the top gainers of group A with an increase of 49.34% and 7.14% along with GATI Ltd and Jet Airways (India) Ltd with an increase of 6.07% and 5.35% respectively, while the top losers of group A includes Cox and Kings Limited and Sunrise Asian Limited with a decrease of 5.13% and 5.00% along with Monsanto India Ltd and PMC Fincorp Limited with a decrease of 4.83% and 4.73% at the close of the markets. The Auto sector is down 50.82 points at 17,647.98 while the Banking sector is up 0.30 points at 18,994.04 and the Realty sector is up 9.39 points at 1,288.86. The Indian currency is up at 0.12% at Rs 66.51per dollar.

BSE closes 97.41 points down on September 10

New Delhi, Sept 10 (ANI): Trading at the Bombay Stock Exchange today closed 97.41 points down to stand at 25,622.17. At the National Stock Exchange the Nifty closed 30.50 points down to stand at 7,788.10. Wockhardt Ltd and CEAT Ltd were among the top gainers of group A with an increase of 8.12% and 6.91% along with Welspun Corp Limited and Fortis Healthcare Ltd with an increase of 6.42 % and 6.40% respectively, while the top losers of group A includes Sun TV Network Ltd and Sunrise Asian Limited with a decrease of 7.29%and 4.95% along with Torrent Pharmaceuticals Ltd and Cox and Kings Ltd with a decrease of 4.83% and 4.67% at the close of the markets. The Auto sector is up 122.98 points17,698.80 while the Banking sector is down 25.16 points at 18,993.74 and the Realty sector is down 7.79 points at 1,279.47. The Indian currency is up at 0.09% at Rs 66.47 per dollar.

BSE closes 401.71 points up on September 9

New Delhi, Sept 9 (ANI): Trading at the Bombay Stock Exchange today closed 401.71 points up to stand at 25,719.58. At the National Stock Exchange the Nifty closed 130.35 points up to stand at 7,818.60. Gitanjali Gems Ltd and Reliance Communications Ltd were among the top gainers of group A with an increase of 11.85% and 11.57% along with Amtek Auto Ltdand Mcleod Russel India Ltd with an increase of 11.33% and 10.00% respectively, while the top losers of group A includes Sunrise Asian Limited and PMC Fincorp Limited with a decrease of 4.95% and 4.91% along with Manappuram Finance Ltd and Torrent Pharmaceuticals Ltd with a decrease of 4.07% and 3.44% at the close of the markets. The Auto sector is up 498.96 points 17,575.82 while the Banking sector is up 316.61 points at19,018.90 and the Realty sector is up 34.56 points at 1,287.26. The Indian currency is down at 0.26% at Rs 66.37 per dollar.

BSE closes 424.06 points up on September 8

New Delhi, Sept 8 (ANI): Trading at the Bombay Stock Exchange today closed 424.06 points up to stand at 25,317.87. At the National Stock Exchange the Nifty closed 129.45 points up to stand at7,688.25. JSW Energy Ltd and TATA ELXSI Ltd were among the top gainers of group A with an increase of 10.18% and 9.29% along with Crompton Greaves Ltd and NCC Limited with an increase of 8.12% and 7.97% respectively, while the top losers of group A includes Amtek Auto Ltdand Sunrise Asian Limited with a decrease of 6.01% and 4.99% along with Page Industries Ltd andPMC Fincorp Limited with a decrease of 4.75% and 4.68% at the close of the markets. The Auto sector is up 290.14 points to stand at 17,076.86 while the Banking sector is up 651.94 points to stand at 18,702.29 and the Realty sector is up 32.08 points to stand at 1,252.70. The Indian currency is down at 0.29% at Rs 66.63 per dollar.

Now, take fun rides in private jets, choppers

New Delhi, Sept 5 (ANI): Forget cars or even super cars to rent on a special occasion for your special someone, as now you can actually escape to luxury by buying or renting a private jet or a helicopter to make them feel more special and wanting. In first of a kind, Gurgaon based web portal called Droom, an online marketplace for automobiles, has now forayed into aerial vehicle segment where one can sell, buy or rent 'luxurious' private planes or choppers on its platform. The online marketplace has not restricted themselves to just selling or buying planes and choppers, as the startup portal has also introduced the Fun Rides and Rentals segment where people can fly to Pune, Mumbai, Ahmedabad and Bangalore as of now to experience luxury at a different level altogether. Rentals will start from Rs 1.2 Lakh and go up to Rs 3 lakh depending on the duration of the ride, destination and type of the vehicle leased and if someone wants to park a private jet in their garage then one has to shel

BSE closes 562.88 points down on September 4

New Delhi, Sept 4 (ANI): Trading at the Bombay Stock Exchange today closed 562.88 points down to stand at 25,201.90. At the National Stock Exchange the Nifty closed 167.95 points down to stand at 7,655.05. Sun TV Network Ltd and PMC Fincorp Limited were among the top gainers of group A with an increase of 4.73% and 4.49% along with Amtek Auto Ltd and Titan Company Limited with an increase of 3.01% and 2.42% respectively, while the top losers of group A includes NCC Limited and Welspun Corp Limited with a decrease of 12.15% and 8.80% along with Housing Development and Infrastructure Ltd and POWER FINANCE CORPORATION LTD with a decrease of 7.77% and 6.84% at the close of the markets. The Auto sector is down 386.89 points at 16,996.55 while the Banking sector is down 502.66 points at 18,437.50 and the Realty sector is down 42.72 points at 1,242.32. The Indian currency is up at 0.38% at Rs 66.49 per dollar.

Stock markets fall more than 500 points on weak global cues

Mumbai/ New Delhi, Sep 04 (ANI): India's stock markets fell over 500 points on Friday, giving up gains from the previous session on weak global cues and caution ahead of a decisive US jobs report due later in the day. The benchmark Bombay Stock Exchange (BSE) Sensex was down 1.65 percent at 11:27 a.m. (0557 GMT) after falling as much as 2.21 percent to 25,193.41 earlier in the session. The broader Nifty fell 1.75 percent after losing as much as 2.34 percent. Market Expert Sunil Shah said market needs a trigger as the government has failed to implement its economic agenda. Another Expert Akash Jindal said market was nervous due to problems is China.

BSE closes 311.22 points up on September 3

New Delhi, Sept 3 (ANI): Trading at the Bombay Stock Exchange today closed 311.22 points up to stand at 25,764.78. At the National Stock Exchange the Nifty closed 106.00 points up to stand at 7,823.00. DLF Ltd and JSW Energy Ltd were among the top gainers of group A with an increase of 10.40% and 7.16% along with Oberoi Realty Ltd and Indiabulls Real Estate Ltd with an increase of 7.09% and 6.70% respectively, while the top losers of group A includes Amtek Auto Ltd and Sunrise Asian Limited with a decrease of 34.81% and 5.95% along with Kaveri Seed Company Ltd and Container Corporation Of India Ltd with a decrease of 4.98% and 4.47% at the close of the markets. The Auto sector is up 229.38 points at 17,383.44 while the Banking sector is up 359.04 points at 18,940.16 and the Realty sector is up 55.89 points at 1,285.04.The Indian currency remained unchanged at 0.00% at Rs 66.18 per dollar.

BSE closes 242.88 points down on September 2

New Delhi, Sept 2 (ANI): Trading at the Bombay Stock Exchange today closed 242.88 points down to stand at 25,453.56. At the National Stock Exchange the Nifty closed 68.85 points down to stand at 7,717.00. Balrampur Chini Mills Ltd and Sun TV Network Ltd were among the top gainers of group A with an increase of 7.92% and 7.64% along with Shree Renuka Sugars Ltd and KEC International Ltd with an increase of 6.74% and 6.59% respectively, while the top losers of group A includes Union Bank of India and Bharat Heavy Electricals Ltd with a decrease of 5.43% and 5.10% along with Sunrise Asian Limited and Piramal Enterprises Ltd with a decrease of 4.92% and 4.64% at the close of the markets. The Auto sector is down 238.37 points at 17,154.06 while the Banking sector is down 342.48 points at 18,581.12 and the Realty sector is up 8.42 points at 1,229.15. The Indian currency is down 0.07% at Rs 66.17 per dollar.

Real challenge of price deflation rather than inflation: Arvind Subramanian

New Delhi, Sep 02 (ANI): While addressing a press conference Arvind Subramanian, Chief Economic Adviser to the government of India said that real challenge that India needs to be focused on is of price deflation rather than inflation. He expressed his concerns post the release of gross domestic product (GDP) data for the June quarter. He said the quarterly GDP estimates need to be treated with care. He also apprised that the revenues have increased but the subsidy payment has declined lowering GVA (Gross Value Added). However he said the economy is moving in the right direction as both GDP and GVA add up to a better economic growth despite the fall in GVA than last year as overall the GDP would increase.

BSE closes 586.65 points down on September 1

New Delhi, Sept 01 (ANI): Trading at the Bombay Stock Exchange today closed 586.65 points down to stand at 25,696.44. At the National Stock Exchange the Nifty closed 185.45 points down to stand at 7,785.85. Essar Oil Ltd and PMC Fincorp Limited were among the top gainers of group A with an increase of 11.33% and 4.41% along with UPL Limited and Shree Cement Ltd with an increase of 4.03% and 3.68% respectively, while the top losers of group A includes Sunrise Asian Limited and Mangalore Refinery and Petrochemicals Ltd with a decrease of 9.97% and 7.19% along with Vakrangee Limited and Punjab National Bank with a decrease of 7.00% and 6.94% at the close of the markets. The Auto sector is down 472.84 points at 17,392.43 while the Banking sector is down 713.55 points at 18,923.60 and the Realty sector is down 39.93 points at 1,220.73.The Indian currency is down 0.19 % at Rs 66.36 per dollar.

Experts disappointed at slower-than-expected growth of economy

New Delhi, Sep 01 (ANI): Economic experts expressed disappointment as government figures showed that Gross Domestic Product (GDP) of the country grew at a slower-than-expected 7 percent annual rate in April-June quarter. This growth rate is slower than provisional growth of 7.5 percent in the previous quarter. Market Expert Rakesh Bansal said that the market was likely to react negatively to this data on Tuesday. Economist Akash Jindal said that clearing of crucial bills like the Goods and Services Tax bill and lowering the rate of interest by at least 50 basis points could boost the GDP. While India matched growth in China, the loss of momentum comes just as Modi's image as the country's economic saviour starts to fade 15 months after his historic electoral triumph. The Reserve Bank of India has cut the policy repo rate 75 basis points since January. But it left the rate on hold at its last policy review early this month.

BSE closes 109.29 points down on August 31

New Delhi, Aug 31 (ANI): Trading at the Bombay Stock Exchange today closed 109.29 points down to stand at 26,283.09. At the National Stock Exchange the Nifty closed 30.65 points down to stand at7,971.30. SREI Infra Structure Finance Ltd and NIIT Technologies Ltd were among the top gainers of group A with an increase of 8.24% and 7.42% along with Muthoot Finance Ltd and Punj Lloyd Ltd with an increase of 7.11% and 6.20% respectively, while the top losers of group A includes Sunrise Asian Limited and Gujarat Pipavav Port Ltd with a decrease of 9.97% and 6.89% along with Mahindra and Mahindra Finance Services Ltd and Kailash Auto Finance Ltd with a decrease of 4.97% and 4.71% at the close of the markets. The Auto sector is down 138.23 points at 17,865.27 while the Banking sector is down 66.27 points at 19,637.15 and the Realty sector is down 17.07 points at 1,260.66. The Indian currency is up 0.35% at Rs 66.37 per dollar.

BSE closes 161.19 points up on August 28

New Delhi, Aug 28 (ANI): Trading at the Bombay Stock Exchange today closed 161.19 points up to stand at 26,392.38. At the National Stock Exchange the Nifty closed 53.00 points up to stand at 8,001.95. Vakrangee Ltd and Gateway Distriparks Ltd were among the top gainers of group A with an increase of 9.88% and 7.32% along with GATI Ltd and Aban Offshore Ltd with an increase of 7.11% and 6.61% respectively, while the top losers of group A Sunrise Asian Limited and Indian Overseas Bank with a decrease of 9.98% and 5.41% along with Indiabulls Real Estate Ltd and Housing Development and Infrastructure Ltd with a decrease of 5.01% and 4.99% at the close of the markets. The Auto sector is up 179.71 points at 18,003.50 while the Banking sector is down 46.15 points at 19,703.42 and the Realty sector is down 6.27 points at 1,277.73. The Indian currency is up 0.12% at Rs 66.12 per dollar.

BSE closes 516.53 points up on August 27

New Delhi, Aug 27 (ANI): Trading at the Bombay Stock Exchange today closed 516.53 points up to stand at 26,231.19. At the National Stock Exchange the Nifty closed 157.10 points up to stand at 7,948.95. Escorts Ltd and Jaiprakash Associates Ltd were among the top gainers of group A with an increase of 18.32% and 11.83% along with Bata India Ltd and Adani Enterprises Ltd with an increase of 11.61% and 10.71% respectively, while the top losers of group A Sunrise Asian Limited and Kailash Auto Finance Ltd with a decrease of 20.00% and 4.92% along with PMC Fincorp Limited and Bharat Heavy Electricals Ltd with a decrease of 4.90% and 3.54% at the close of the markets. The Auto sector is up 144.69 points at 17,823.79 while the Banking sector is up 354.62 points at 19,749.57 and the Realty sector is up 49.62 points at 1,284.00. The Indian currency is down 0.23% at Rs 65.99 per dollar.

BSE closes 317.72 points down on August 26

New Delhi, Aug 26 (ANI): Trading at the Bombay Stock Exchange today closed 317.72 points down to stand at 25,714.66. At the National Stock Exchange the Nifty closed 88.85 points down to stand at 7,791.85. Vakrangee Ltd and Reliance Infrastructure Ltd were among the top gainers of group A with an increase of 9.33% and 7.65% along with KEC International Ltd and Indiabulls Real Estate Ltd with an increase of 6.98% and 6.76% respectively, while the top losers of group A include Sadhbhav Engineering Ltd and Bharti Infratel Ltd with a decrease of 6.08% and 5.29% along with Bharat Forge Ltd and Hexaware Technologies Ltd with a decrease of 5.13% and5.06% at the close of the markets. The Auto sector is down 124.04 points at 17,679.10 while the Banking sector is down 331.35 points at19,394.95 and the Realty sector is down 2.50 points at 1,234.38. The Indian currency is up 0.06% at Rs 66.14 per dollar.

Sensex and Nifty fall on persistent global market cues

Mumbai, August 26 (ANI): Sensex and Nifty faltered in early trade on Wednesday, paring some of the gains in the previous session as investors worried that fresh rate cuts in China would not be enough to stabilise its cooling economy or halt falls in global equity markets. The benchmark BSE Sensex was down 0.6 percent at 09:32 am after falling as much as 1.3 percent. The index gained 1.1 percent on Tuesday. Global share markets have been hit by worries that the Chinese economy, the most important engine for the world economy, was growing at a much slower pace than Beijing's 7 percent target for 2015. The Indian rupee stood at 66.23 for a dollar at 11.12 am, doing only slightly better than the previous day. Elsewhere, Asian stocks fell on Wednesday as investors feared fresh rate cuts in China would not be enough to stabilise its cooling economy or halt a collapse in its stock markets.

BSE closes 235.26 points up on August 25

New Delhi, Aug 25 (ANI): Trading at the Bombay Stock Exchange today closed 235.26 points up to stand at 25,976.82. At the National Stock Exchange the Nifty closed 61.85 points up to stand at 7,870.85. India Bulls Real Estate Ltd and DLF were among the top gainers of group A with an increase of 19.47% and 16.82% along with Delta Corp. and Amararaja Batteries Ltd with an increase of 13.15% and 9.55% respectively, while the top losers of group A include Sun Asian and Vakrangee with a decrease of 19.98% and 10.00% along with Central Bank of India and Gati with a decrease of 9.74% and 9.48% at the close of the markets. The Auto sector is up 230.20 points at 17,673.84 while the Banking sector is up 484.36 points at 19,726.30 and the Reality sector is up 78.52 points at 1,236.88. The Indian currency is up 0.74% at Rs 66.15 per dollar.