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Fiscal deficit will be contained at 4.8 % of GDP: Chidambaram

New Delhi, Jan 16 (ANI): India's fiscal deficit will be contained at 4.8 percent of the Gross Domestic Product (GDP) in the current fiscal year ending March, said finance minister, P Chidambaram, hinting at possible cuts in government spending. The finance minister expressed his "unflinching commitment" to contain the fiscal deficit, at a time when the deficit in the first eight months of the fiscal year has touched 93.9 percent of the full-year target. Meanwhile, the minister attributed the decline in growth to global factors and said he was confident that Indian economy would soon recover and show high growth in next three years.

Icon YoutubeFiscal deficit will be contained at 4.8 % of GDP: Chidambaram
Updated On : 16 Jan 2014 | 12:06 PM IST

BSE closes points 240.50 up on Jan 15

New Delhi, Jan 15 (ANI): Trading at the Bombay Stock Exchange today closed 240.50 points up to stand at 21,273.45. At the National Stock Exchange the Nifty closed 79.05 points up to stand at 6320.90.Max India and Future Retail were among the top gainers of Group A with an increase of 8.65% and 6.33% along with Unitech and Bank of India with an increase of 5.22% and 4.09% respectively, while the top losers of Group A include Prestige Estates and Nestle India with a decrease of 3.45% and 2.49% along with Mcleod Russel and Amara Raja with a decrease of 2.49% and 2.45% at the close of the markets. The Auto sector is up 153.91 points at 12,133.76 while the banking sector is up 185.70 points at 12,692.97 and the realty sector is up 17.90 points at 1,356.30.The Indian currency is down 0.15% at Rs 61.62 per dollar.

Icon YoutubeBSE closes points 240.50 up on Jan 15
Updated On : 15 Jan 2014 | 5:36 PM IST

BSE closes points 101.33 down on Jan 14

New Delhi, Jan 14 (ANI): Trading at the Bombay Stock Exchange today closed 101.33 points down to stand at 21,032.88. At the National Stock Exchange the Nifty closed 30.90 points down to stand at 6,241.85. Cummins India and CESC were among the top gainers of Group A with an increase of 4.03% and 3.66% along with Adani Enterprises Ltd. and Mcleod Russel with an increase of 3.48% and 3.01% respectively, while the top losers of Group A include Dish TV India and Zee Entertainment Enterprises Ltd. with a decrease of 4.72% and 3.81% along with MCX and Mphasis with a decrease of 3.45% and 3.03% at the close of the markets. The Auto sector is down 40.06 points at 11,997.16 while the banking sector is down 82.78 points at 12,520.32 and the realty sector is down 17.84 points at 1,339.61. The Indian currency is down 0.02% at Rs 61.51 per dollar.

Icon YoutubeBSE closes points 101.33 down on Jan 14
Updated On : 14 Jan 2014 | 5:06 PM IST

BSE closes points 409.07 up on Jan 13

New Delhi, Jan 13 (ANI): Trading at the Bombay Stock Exchange today closed 409.07 points up to stand at 21,167.56. At the National Stock Exchange the Nifty closed 101.30 points up to stand at 6,272.75.Apollo Tyres and Financial Technologies (India) Ltd. were among the top gainers of Group A with an increase of 5.19% and 4.98% along with Bharat Forge and TCS with an increase of 4.28% and 4.26% respectively, while the top losers of Group A include Exide Industries and Ranbaxy Lab with a decrease of 6.02% and 5.55% along with JP Power and Unitech with a decrease of 3.34% and 2.82% at the close of the markets. The Auto sector is up 74.81points at 12,031.12 while the banking sector is up 306.24 points at 12,645.04 and the realty sector is up 11.87 points at 1,360.13.The Indian currency is up 0.65% at Rs 61.50 per dollar.

Icon YoutubeBSE closes points 409.07 up on Jan 13
Updated On : 13 Jan 2014 | 5:36 PM IST

BSE closes points 37.58 up on Jan 10

New Delhi, Jan 10 (ANI): Trading at the Bombay Stock Exchange today closed 37.58 points up to stand at 20,750.95. At the National Stock Exchange the Nifty closed 3.10 points up to stand at 6,173.10. Muthoot Finance Ltd. and Godrej Industries Ltd. were among the top gainers of Group A with an increase of 6.82% and 3.80% along with United Spirits and Tech Mahindra with an increase of 3.16% and 2.89% respectively, while the top losers of Group A include MCX and Financial Tech with a decrease of 9.80% and 4.99% along with Federal Bank and Motherson Sumi with a decrease of 4.83% and 4.59% at the close of the markets. The Auto sector is down 142.32 points at 11,939.01 while the banking sector is down 198.21 points at 12,333.92 and the realty sector is down 21.62 points at 1,347.84. The Indian currency is up 0.23% at Rs 61.93 per dollar.

Icon YoutubeBSE closes points 37.58 up on Jan 10
Updated On : 10 Jan 2014 | 5:36 PM IST

BSE closes points 4.47 down on Jan 9

New Delhi, Jan 9 (ANI): Trading at the Bombay Stock Exchange today closed 4.47 points down to stand at 20,724.91. At the National Stock Exchange the Nifty closed 6.25 points down to stand at 6,168.35. Muthoot Finance Ltd. and Financial Technologies were among the top gainers of Group A with an increase of 19.98% and 10.00% along with Motherson Sumi Systems Ltd. and Cadila Healthcare Ltd. with an increase of 5.20% and 5.11% respectively, while the top losers of Group A include Prestige Estates and HDIL with a decrease of 5.40% and 5.35% along with Future Retail and Jaiprakash Associates Ltd. with a decrease of 4.68% and 4.22% at the close of the markets. The Auto sector is down 84.81 points at 12,065.58 while the banking sector is down 75.56 points at 12,550.31 and the realty sector is down 33.49 points at 1,368.37. The Indian currency is up 0.11% at Rs 62.00 per dollar.

Icon YoutubeBSE closes points 4.47 down on Jan 9
Updated On : 09 Jan 2014 | 5:36 PM IST

BSE closes points 96.86 down on Jan 7

New Delhi, Jan 07 (ANI): Trading at the Bombay Stock Exchange today closed 96.86 points down to stand at 20690.44. At the National Stock Exchange the Nifty closed 29.20 points down to stand at 6,162.25. Financial Technologies and Suzlon Energy Ltd. were among the top gainers of Group A with an increase of 9.99% and 6.47% along with Essar Oil and MCX with an increase of 4.84% and 3.66% respectively, while the top losers of Group A include Adani Enterprises Ltd. and Shriram Transport Finance Co. Ltd. with a decrease of 4.03% and 3.77% along with GMR Infra and Mahindra and Mahindra Financial Services Ltd. with a decrease of 3.62% and 3.56% at the close of the markets. The Auto sector is up 10.95 points at 12,064.82 while the banking sector is down 23.05 points 12,608.32 and the realty sector is down 26.55 points at 1,405.11. The Indian currency is down 0.06% at Rs 62.35 per dollar.

Icon YoutubeBSE closes points 96.86 down on Jan 7
Updated On : 07 Jan 2014 | 6:36 PM IST

BSE closes points 58.81 down on Jan 6

New Delhi, Jan 06 (ANI): Trading at the Bombay Stock Exchange today closed 58.81 points down to stand at 20,792.52. At the National Stock Exchange the Nifty closed 19.70 points down to stand at 6,191.45. Financial Technologies and TV18 Broadcast were among the top gainers of Group A with an increase of 9.93% and 8.33% along with Future Retail and CESC with an increase of 6.33% and 4.71% respectively, while the top losers of Group A include Bank of India and Hindustan Zinc with a decrease of 3.85% and 3.26% along with JPPOWER and Max India with a decrease of 3.17% and 3.10% at the close of the markets. The Auto sector is up 39.17 points at 12,067.77 while the banking sector is down 144.85 points at 12,630.25 and the realty sector is down 11.96 points at 1,429.88. The Indian currency is down 0.27% at Rs 62.33 per dollar.

Icon YoutubeBSE closes points 58.81 down on Jan 6
Updated On : 06 Jan 2014 | 6:36 PM IST

BSE closes points 125.66 down on Dec 4

New Delhi, Dec 04 (ANI): Trading at the Bombay Stock Exchange today closed 125.66 points down to stand at 20729.26. At the National Stock Exchange the Nifty closed 40.90 points down to stand at 6,160.95. Adani Power and Dish TV India were among the top gainers of Group A with an increase of 6.39% and 3.89% along with JP Power and Tata Power with an increase of 3.12% and 2.87% respectively, while the top losers of Group A include Unitech and Eicher Motors with a decrease of 9.54% and 4.34% along with HDIL and RAMCOCEM with a decrease of 4.20% and 3.91% at the close of the markets. The Auto sector is down 128.42 points at 12,196.72, while the banking sector is down 37.26 points at 12,769.02 and the realty sector is down 36.80 at 1,342.99. The Indian currency is up 0.06% at Rs 62.32 per dollar.

Icon YoutubeBSE closes points 125.66 down on Dec 4
Updated On : 04 Dec 2013 | 6:06 PM IST

BSE down 41.88

Trading at the Bombay Stock Exchange today closed 41.88 points down to stand at 20,856.13. At the National Stock Exchange the Nifty closed 16.00 points down to stand at 6,201.85.

Icon YoutubeBSE down 41.88
Updated On : 03 Dec 2013 | 6:26 PM IST

BSE closes points 41.88 down on Dec 3

New Delhi, Dec 3 (ANI): Trading at the Bombay Stock Exchange today closed 41.88 points down to stand at 20,856.13. At the National Stock Exchange the Nifty closed 16.00 points down to stand at 6,201.85. Mcleod Russel and Unitech were among the top gainers of Group A with an increase of 7.21% and 5.44% along with Sun TV Network and Bajaj Finance Ltd. with an increase of 5.27% and 5.00% respectively, while the top losers of Group A include Bank of India and Apollo Tyres with a decrease of 3.47% and 3.46% along with Emami-$ and IRB Infra with a decrease of 3.35% and 2.98% at the close of the markets. The Auto sector is down 72.94 points at 12,304.89, while the banking sector is down 61.56 points at 12,816.63 and the realty sector is up 16.95 at 1,379.79. The Indian currency is down 0.02% at Rs 62.33 per dollar.

Icon YoutubeBSE closes points 41.88 down on Dec 3
Updated On : 03 Dec 2013 | 5:36 PM IST

BSE closes points 243.77 up on November 29

New Delhi, Nov 29 (ANI): Trading at the Bombay Stock Exchange today closed 243.77 points up to stand at 20,778.68. At the National Stock Exchange the Nifty closed 84.25 points up to stand at 6,176.10. Jaiprakash Associates and Jaypee Infratech Ltd. were among the top gainers of Group A with an increase of 8.99% and 7.21% along with NMDC Ltd. and Syndicate Bank with an increase of 6.38% and 5.89% respectively, while the top losers of Group A include Prestige Estates and Godrej Consumer Products Ltd. with a decrease of 2.32% and 1.73% along with Nestle India and Max India Ltd. with a decrease of 1.64% and 1.64% at the close of the markets. The Auto sector is up 12.74 points at 12,319.15, while the banking sector is up 293.88 points at 12,749.09 and the realty sector is up 15.86 at 1,351.62. The Indian currency is down 0.19% at Rs 62.53 per dollar.

Icon YoutubeBSE closes points 243.77 up on November 29
Updated On : 29 Nov 2013 | 7:36 PM IST

BSE closes 287.65 points down

Trading at the Bombay Stock Exchange today closed 287.65 points down to stand at 20951.71. At the National Stock Exchange the Nifty closed 71.90 points down to stand at 6,245.45

Icon YoutubeBSE closes 287.65 points down
Updated On : 05 Nov 2013 | 5:36 PM IST

Sensex at historic high, yet euphoria missing in market: Market Expert

Even as the Sensex hit all-time high after five years and ten months on Friday, Market Experts say euphoria was still missing in the market, and that its value post Diwali will determine the state of things for future.

Icon YoutubeSensex at historic high, yet euphoria missing in market: Market Expert
Updated On : 01 Nov 2013 | 2:47 PM IST

Sensex hits all-time high

The Sensex has hit all-time high after five years and ten months on Friday. The stock index surged to an all-time high just after the opening bell, smashing its earlier record of 21,206 which was set in January 2008. After breaking its 2008 record, the Sensex kept going up, setting a new all-time high record of 21,279.92, up nearly 115 points.

Icon YoutubeSensex hits all-time high
Updated On : 01 Nov 2013 | 11:52 AM IST

BSE closes 352.42 points up

Trading at the Bombay Stock Exchange today closed 352.42 points up to stand at 20,922.70. At the National Stock Exchange the Nifty closed 119.80 points up to stand at 6,220.90. Mahindra and Mahindra Financial Services Ltd. and Maruti Suzuki were among the top gainers of Group A with an increase of 9.26% and 8.85% along with HDIL and Century Tex with an increase of 7.61% and 7.42% respectively, while the top losers of Group A include Suzlon Energy and Bharti Infratel with a decrease of 4.96% and 2.59% along with Muthoot Finance Ltd. and United Brew-$ with a decrease of 2.39% and 1.81% at the close of the markets

Icon YoutubeBSE closes 352.42 points up
Updated On : 29 Oct 2013 | 6:26 PM IST

BSE closes 60.51 points down

Trading at the Bombay Stock Exchange today closed 60.51 points down to stand at 20,707.37. At the National Stock Exchange the Nifty closed 14.00 points down to stand at 6164.35

Icon YoutubeBSE closes 60.51 points down
Updated On : 24 Oct 2013 | 5:12 PM IST

BSE closes 23.56 points down

Trading at the Bombay Stock Exchange today closed 23.56 points down to stand at 20,870.33. At the National Stock Exchange the Nifty closed 2.15 points down to stand at 6202.80

Icon YoutubeBSE closes 23.56 points down
Updated On : 22 Oct 2013 | 6:12 PM IST

BSE closes up by 95.17 points

Trading at the Bombay Stock Exchange today closed 95.17 points up to stand at 20,623.76. At the National Stock Exchange the Nifty closed 16.50 points up to stand at 6112.70. Karnataka Bank and South Indian Bank were among the top gainers of Group A with an increase of 16.22% and 10.10% along with Mangalore Refinery And Petrochemicals Ltd

Icon YoutubeBSE closes up by 95.17 points
Updated On : 14 Oct 2013 | 8:51 PM IST

BSE closes 54.83 up on Oct 10

Trading at the Bombay Stock Exchange today closed 54.83 points up to stand at 20304.09. At the National Stock Exchange the Nifty closed 21.60 points up to stand at 6029.05

Icon YoutubeBSE closes 54.83 up on Oct 10
Updated On : 10 Oct 2013 | 4:43 PM IST