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BSE Sensex hits record high, bank stocks lead

New Delhi/ Mumbai, March 25 (ANI): Indian stock market jumped nearly 1.5 percent to record highs surpassing their previous all-time highs hit just last week as lenders extended a recent rally boosted by strong foreign investor flows. The Nifty ended 1.36 percent higher after marking a lifetime high of 6,591.50, while the benchmark Sensex finished 1.38 percent up after touching a record high of 22,074.34, surpassing their previous milestones hit on March 18. The prospect that the upcoming elections will usher in a new government led by the BJP is also aiding the gains, given market perceptions that the party has a more business-friendly stance.

BSE closes points 299.66 up on March 24

New Delhi, March 24 (ANI): Trading at the Bombay Stock Exchange today closed 299.66 points up to stand at 22,054.98. At the National Stock Exchange the Nifty closed 88.60 points up to stand at 6,583.50. Container Corporation Of India Ltd and Engineers India were among the top gainers of Group A with an increase of 5.79% and 5.71% along with Gail India and Muthoot Finance Ltd. with an increase of 5.22% and 5.16% respectively, while the top losers of Group A include United Spirits and Financial Technologies with a decrease of 3.98% and 3.60% along with TV18 Broadcast and Aurobindo Pharma Ltd. with a decrease of 3.31% and 2.51% at the close of the markets. The Auto sector is up 104.44 points at 12,885.53 while the banking sector is up 387.54 points at 14,190.58 and the realty sector is up 4.60 points at 1,373.39. The Indian currency is up 0.32% at Rs 60.70 per dollar.

BSE closes points 405.92 up on March 7

New Delhi, March 7 (ANI): Trading at the Bombay Stock Exchange today closed 405.92 points up to stand at 21,919.79. At the National Stock Exchange the Nifty closed 125.50 points up to stand at 6,526.65. Adani Enterprises Ltd. and DLF were among the top gainers of Group A with an increase of 10.13% and 9.87% along with Jaiprakash Associates Ltd. and Yes Bank with an increase of 9.76% and 8.63% respectively, while the top losers of Group A include Aurobindo Pharma Ltd. and Tech Mahindra with a decrease of 4.82% and 4.61% along with MCX and Dr Reddys Lab with a decrease of 3.74% and 3.59% at the close of the markets. The Auto sector is up 136.52 points at 12,721.44 while the banking sector is up 689.10 points at 13,567.23 and the realty sector is up 69.64 points at 1,359.57. The Indian currency is down 0.03% at Rs 61.09 per dollar.

BSE closes points 225.76 up on March 6

New Delhi, March 6 (ANI): Trading at the Bombay Stock Exchange today closed 225.76 points up to stand at 21,502.62. At the National Stock Exchange the Nifty closed 72.50 points up to stand at 6,401.15. Prestige Estates and Reliance Infrastructure Ltd. were among the top gainers of Group A with an increase of 12.23% and 10.03% along with Jaiprakash Associates Ltd. and HDIL with an increase of 8.88% and 7.22% respectively, while the top losers of Group A include IPCA Lab and Glaxosmithkline Pharmaceuticals Ltd. with a decrease of 2.67% and 2.56% along with ABB India Ltd. and Eicher Motors with a decrease of 1.84% and 1.65% at the close of the markets. The Auto sector is up 87.80 points at 12,567.17 while the banking sector is up 213.19 points at 12,878.13 and the realty sector is up 50.70 points at 1,289.93. The Indian currency is down 0.76% at Rs 61.28 per dollar.

BSE closes points 133.13 up on Feb 28

New Delhi, Feb 28 (ANI): Trading at the Bombay Stock Exchange today closed 133.13 points up to stand at 21,120.12. At the National Stock Exchange the Nifty closed 38.15 points up to stand at 6,276.95. JP Power and Piramal Enterprises Ltd were among the top gainers of Group A with an increase of 12.26% and 7.26% along with Hindalco Industries and Power Finance with an increase of 6.86% and 6.71% respectively, while the top losers of Group A include Maruti Suzuki and Dish TV India with a decrease of 4.54% and 3.16% along with Financial Technologies and Nestle India with a decrease of 3.09% and 3.00% at the close of the markets. The Auto sector is up 170.83 points at 12,598.73 while the banking sector is up 33.74 points at 12,284.27 and the realty sector is up 0.26 points at 1,203.50. The Indian currency is down 0.14% at Rs 62.07 per dollar.

BSE closes points 114.26 up on Feb 24

New Delhi, Feb 24 (ANI): Trading at the Bombay Stock Exchange today closed 114.26 points up to stand at 20,815.01. At the National Stock Exchange the Nifty closed 30.65 points up to stand at6,186.10. Muthoot Finance and Tata Power were among the top gainers of Group A with an increase of 5.41% and 5.08% along with Shree Cement and Cadila Health with an increase of 4.99% and 4.94% respectively, while the top losers of Group A include NTPC and Mangalore Refinery with a decrease of 11.43% and 2.66% along with Zee Entertainment and Hindustan Zinc with a decrease of 2.53% and 2.45% at the close of the markets. The Auto sector is up 81.55 points at 12,249.20 while the banking sector is up 169.56 points at 12,218.96 and the realty sector is down 0.05 points at 1,208.94. The Indian currency is up 0.23% at Rs 62.98 per dollar.

BSE closes points 153.59 up on Feb 21

New Delhi, Feb 21 (ANI): Trading at the Bombay Stock Exchange today closed 153.59 points up to stand at 20,690.23. At the National Stock Exchange the Nifty closed 64.00 points up to stand at 6,155.45. Mcleod Russel and Ambuja Cements were among the top gainers of Group A with an increase of 6.19% and 6.16% along with ACC and Gujarat State Petrochemicals with an increase of 6.00% and 5.94% respectively, while the top losers of Group A include MCX and Reliance Communication with a decrease of 5.13% and 5.07% along with Financial Technologies and Bharti Airtel with a decrease of 4.99% and 2.71% at the close of the markets. The Auto sector is up 64.38 points at 12,171.12 while the banking sector is up 115.89 points at 12,027.51 and the realty sector is down 0.44 points at 1,209.78. The Indian currency is up 0.18% at Rs 62.12 per dollar.

Facebook to buy WhatsApp for Dollar19 billion

California, Feb 20 (ANI): In a landmark deal that places the world's largest social network closer to the heart of mobile communications, Facebook will buy fast-growing mobile-messaging startup WhatsApp for Dollar19 billion in cash and stock. The transaction involves Dollar4 billion in cash, Dollar12 billion in stock and Dollar3 billion in restricted stock that vests over several years. The WhatsApp deal is worth more than Facebook raised in its own IPO and underscores the social network's determination to win the market for messaging. Founded by a Ukrainian immigrant Jan Koum, and a Stanford alumnus, Brian Acton, WhatsApp is a Silicon Valley startup fairy tale, rocketing to 450 million users in five years and adding another million daily.

FICCI gives thumps up to Chidambaram's interim budget

New Delhi, Feb 17 (ANI): The members of the Federation of Indian Chambers Of Commerce and Industry (FICCI) applauded the union interim budget and welcomed the changes introduced in it on Monday in New Delhi. Indian businessmen were cheered by P Chidambaram's estimate that the fiscal deficit would shrink further to 4.1 percent in 2014/15. However, FICCI President Sidharth Birla said they were happy that Chidambaram had not used populist measures ahead of the elections, which they feared he would. Birla looked evidently pleased that Chidambaram had covered almost all topics to be raised by industrialists, especially manufacturing sector, in the interim budget.

BSE closes points 110.19 up on Feb 17

New Delhi, Feb 17 (ANI): Trading at the Bombay Stock Exchange today closed 110.19 points up to stand at 20,477.01. At the National Stock Exchange the Nifty closed 24.95 points up to stand at 6,073.30. Financial Technologies and Tata Motors Ltd. were among the top gainers of Group A with an increase of 4.98% and 4.74% along with MCX and Adani Power Ltd. with an increase of 4.35% and 3.95% respectively, while the top losers of Group A include Suzlon Energy and NMDC with a decrease of 5.04% and 4.92% along with The Ramco Cements and Amara Raja with a decrease of 4.32% and 3.20% at the close of the markets. The Auto sector is up 116.12 points at 12,084.10 while the banking sector is up 166.33 points at 11,824.11 and the realty sector is down 9.96 points at 1,200.02. The Indian currency is down 0.17% at Rs 62.03 per dollar.

BSE closes points 180.94 up on Feb 14

New Delhi, Feb 14 (ANI): Trading at the Bombay Stock Exchange today closed 180.94 points up to stand at 20374.29. At the National Stock Exchange the Nifty closed 51.50 points up to stand at 6052.60. Financial Technologies and Tata Motors Ltd. were among the top gainers of Group A with an increase of 4.99% and 3.47% along with Bharti Infratel and SAIL with an increase of 2.76% and 2.73% respectively, while the top losers of Group A include Bajaj Auto and HDIL with a decrease of 2.94% and 2.53% along with Jain Irrigation and TV18 Broadcast with a decrease of 2.48% and 2.36% at the close of the markets. The Auto sector is up 13.41 points at 11,804.69 while the banking sector is down 59.61 points at 11,683.77 and the realty sector is up 26.85 points at 1,232.20. The Indian currency is down 0.38% at Rs 62.18 per dollar.

BSE closes points 73.96 up on Feb 12

New Delhi, Feb 12 (ANI): Trading at the Bombay Stock Exchange today closed 73.96 points up to stand at 20437.33. At the National Stock Exchange the Nifty closed 17.10 points up to stand at 6079.80. Muthoot Finance and Crompton Greav were among the top gainers of Group A with an increase of 9.78% and 5.29% along with Motherson Sumi and Financial Technology with an increase of 4.91% and 4.61% respectively, while the top losers of Group A include Tata Steel and India bulls Real Estate with a decrease of 4.19% and 3.48% along with United Brew-$ and Cairn India with a decrease of 3.29% and 3.00% at the close of the markets. The Auto sector is up 13.41 points at 11,804.69 while the banking sector is down 59.61 points at 11,683.77 and the realty sector is up 26.85 points at 1,232.20. The Indian currency is down 0.19% at Rs 62.10 per dollar.

2014 Auto Expo ends with hope for boost in automobile sales

Greater Noida, Feb 12 (ANI): The curtains came down on the 12th edition of Auto Expo in Greater Noida with the hope that positivity around the show will spark a revival in demand after a prolonged slump in sales. Automobile giants resorted to different strategies and tactics in order to lure consumers, offered discount packages to boost sales. Car sales fell to 160,289 vehicles last month, as consumers kept a tight lid on spending, hurt by high interest rates and fuel costs in a slowing economy. Sales of passenger vehicles, which include cars and utility vehicles, fell 9.3 percent in January. The Deputy Director General of Society of Indian Automobile Manufacturers (SIAM), Sugato Sen said the taxes imposed on the automobiles resulted in decline of sales in the passenger car segment.

BSE closes points 27.98 up on Feb 11

New Delhi, Feb 11 (ANI): Trading at the Bombay Stock Exchange today closed 27.98 points up to stand at 20362.25. At the National Stock Exchange the Nifty closed 9.45 points up to stand at 6062.90. Muthoot Finance and Bharat Forge were among the top gainers of Group A with an increase of 10.74% and 6.12% along with JPPOWER and Motherson Sumi Systems with an increase of 5.83% and 4.61% respectively, while the top losers of Group A include Mangalore Refinery and MCX with a decrease of 4.20% and 3.95% along with UPL and RAMCO CEMENT with a decrease of 3.83% and 3.27% at the close of the markets. The Auto sector is up 13.41 points at 11,804.69 while the banking sector is down 59.61 points at 11,683.77 and the realty sector is up 26.85 points at 1,232.20. The Indian currency is down 0.24% at Rs 62.28 per dollar.

Superbikes bandwagon makes inroads as high top end bikemakers unveil made-for-India bikes

Greater Noida, Feb 11 (ANI): International bikemakers such as Harley Davidson, Triumph Motorcycles Yamaha and Ducati showcased their trendiest models to awe-struck Indian bikers at the 12th Auto Expo held in Greater Noida recently. The top end bikemakers displayed some machismo cruiser style and chopper designs targeting the domestic market.

Prashant Bhushan on President's speech in Parliament

New Delhi, Feb 10 (ANI): Reacting on President Pranab Mukherjee's veiled attack on the Aam Aadmi Party saying that Parliament is the Gangotri of democracy, party leader Prashant Bhushan said that AAP wants to pass the law respecting the constitution. Bhushan added that it isn't written anywhere in the constitution that the state government needs a nod from Centre and president before passing the law.

Children sing, dance and participate in hi-tech gaming sessions at Indian Auto Expo

Greater Noida, Feb 10 (ANI): Children sang and danced with their favourite cartoon characters while participating in hi-tech gaming sessions at the Indian Auto Expo in Greater Noida. In order to attract large number of children and families to the event, various activities were organized to keep the visitors entertained. Few children were seen participating in hi-tech video games session while some others were engrossed in modeling toy cars. Japanese auto and bike maker Honda invited Indian animation superstar 'Chota Bheem' and his best friend 'Chutkiat' at their motor cycle and scooter pavilion. Children participating in the games loved the arrangements.

State-of-art concept cars glisten at the Indian auto expo

Greater Noida, Feb 10 (ANI): The Indian auto expo grabbed many eyeballs with its state-of-the-art new models, with automobile giants like Hyundai, Maruti Suzuki and Renault bringing their 'out-of-the-box' concept cars to the world's sixth largest car market country. German luxury carmaker, Audi, displayed its coupe concept car -- the Sport Quattro - which with a front fascia and exposed LED headlights looks stunning. The concept is powered by hybrid powertrain, and can run up to 50 kilometers solely on electricity. BMW unveiled its lavish electric concept car, BMW i8 - first seen in Hollywood super-hit 'Mission Impossible 4'. Designed to look like a car straight from the space-age, the BMW i8 has powerful electric and petrol engines.

Young women find gusto on India's roads as new scooters hit auto market

Uttar Pradesh/ Punjab, Feb 9 (ANI): Flashy new, light-weight scooters are a hit among Indian women, with sales growing faster than the overall two-wheeler market, reflecting a deeper change in attitude and society. 'Plush pink' and 'burgundy bliss' scooters are the new buzz on India's roads, even as the rest of the autos market is sputtering amid an economic slowdown.

John Abraham endorses Yamaha motorbike at Auto Exp

Greater Noida, Feb 08 (ANI): Bollywood actor John Abraham, who is also the face of Japanese bike maker Yamaha, endorsed new models at the 12th edition of Indian Auto Expo in Greater Noida. The Auto Expo grabbed eyeballs as automobile giants like Range Rover, Hyundai, Suzuki and Yamaha showcased their glistening state-of-the-art models. Abraham, who is the brand ambassador and a fan of Yamaha bikes, launched the power pact upgraded versions of Yamaha's R1 and VMax motorbikes. A number of concept cars, utility vehicles and many new models were launched at the opening day of the automobile show at a time when the sector is going through a slump.