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Indian stock indices rose by more than 5 per cent Wednesday following positive cues from Asian markets and news of a likely bailout for the US auto industry.
The Bombay Stock Exchange's 30-share sensitive index Sensex closed at 9654.90 points, 5.4 per cent above its previous close.
The broader 50-share S&P CNX Nifty of the...
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Indian share indices rose by about 5 per cent Thursday on expectations that the country's federal bank would cut interest rates as the inflation rate lowered further.
Reports that the government was considering a stimulus package for the automotive, exports and realty sectors, also boosted sentiments, analysts said.
The 30-share...
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Indian equities ended 5.5 per cent higher Friday on Prime Minister Manmohan Singh's assurance that the Indian economy would weather the global financial crisis and sustain a growth rate of 8 per cent.
The 30-share Sensitive Index, or Sensex, of the Bombay Stock Exchange, which had fallen more than 2,000 points over the past seven...
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After dipping by over 3 per cent in early trade, India's stock indices staged a smart recovery on assurances by the country's federal bank that it was committed to ensuring adequate liquidity in financial markets.
The Bombay Stock Exchange's benchmark 30-share Sensex saw a day of volatile trading. Beginning on a positive note, it hit...
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Indian equities dropped about 5 per cent soon after opening Tuesday, largely because investors were selling stocks to lock in profits from previous gains, given the gloomy global economic outlook and negative trading on other Asian markets, analysts said.
The 30-share Sensitive Index of the Bombay Stock Exchange traded at 10,006.1...
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Asian stock markets staged strong rallies Monday, with Japan's key Nikkei 225 Stock Average closing above the 9,000-point threshold, following the announcement of an economic stimulus package by the Chinese government.
The Nikkei index soared 498.43 points, or 5.81 per cent, to close at 9,081.43.
The broader Topix index of...
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Indian equity indices rose by over 5 per cent Monday, trailing a rally in Asian markets after China announced a stimulus package of 586 billion dollars to spur its economy in the wake of the global slowdown.
The Bombay Stock Exchange's 30-share sensitive index Sensex closed at 10,536.16, about 5.74 per cent above its previous...
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Asian stock markets staged strong rallies Monday, with Japan's key Nikkei 225 Stock Average closing above the 9,000-point threshold, following the announcement of an economic stimulus package by the Chinese government.
The Nikkei index soared 498.43 points, or 5.81 per cent, to close at 9,081.43.
The broader Topix index of...
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China on Monday reported a 9-per-cent growth in its estimated gross domestic product for July to September, maintaining fast but marginally slower expansion despite global financial woes.
Estimated GDP growth was down from 10.6 per cent in the first quarter and 10.1 per cent in the second quarter of this year, the National Bureau of...
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Indian equities plunged by nearly 6 per cent to end below the 11,000 levels on Wednesday after a two-day rally.
The 30-share Sensex of the Bombay Stock Exchange, which had gained 955 points over the past two sessions, lost 674.28 points to fall to 10,809.12, a loss of 5.87 per cent.
Similarly, the broader 50-share Nifty index fell...
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The Tokyo stock market surged in early trading Tuesday on the heels of a jump on Wall Street with the Nikkei 225 Stock Average rising 13 per cent.
The benchmark index closed morning trading at 9,355.56, up 1,079.13 points.
The broader Topix index of all first-section issues saw a similar jump, surging 106.61 points, or 12.68...
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The Tokyo stock market surged Tuesday on the heels of a jump on Wall Street with the Nikkei 225 Stock Average rising more than 14 per cent.
The benchmark Nikkei had the largest single-day gain in Japan's postwar history, rising 14.15 per cent, or 1,171.14 points, to close at 9,447.57.
The broader Topix index of all...
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Taiwan stocks rose more than 5 per cent Tuesday after European countries unveiled rescue plans for their banking sectors.
The Taiex index surged 271.12 points, or 5.4 per cent, to 5,291.56.
Stock indices in other Asian countries also surged, led by Japan, whose Nikkei 225 Stock Average rebounded more than 13 per cent.
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China's main stock market index rebounded with a rise of 3.65 per cent on Monday following its worst-ever week.
The key Shanghai Composite Index, which tracks shares traded in local and foreign currencies, gained 73 points to finish at 2,073.57 after an initial slump of 3.44 per cent in morning trading.
The smaller Shenzhen...
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Indian equities surged 7.6 per cent Monday on strong global cues as well as assurances by Finance Minister P Chidambaram who insisted the fundamentals of the Indian economy were strong.
"This is a time of uncertainty. Yet in a time of uncertainty, some facts cannot and ought not to be ignored," Chidambaram told a press...
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Indonesia's stock exchange continued to suspend trading in the afternoon session Friday, extending a trading suspension to two consecutive days amid sharp falls on global markets.
The Indonesian Stock Exchange said in a press release that Friday's afternoon trading had been suspended. Hours earlier, the exchange announced that its...
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India's benchmark Sensex stock index plunged by nearly 6 per cent in trading Monday on capital outflows by foreign funds tracking the global financial crisis as the Indian markets watchdog removed curbs on foreign funds.
The 30-share-sensitive index, which lost 529.35 points in the previous session, plunged another 724.62 points in...
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Uncertainty over the US 700-billion-dollar bailout plan pulled down Indian shares Friday with the two main stock market indices dipping by more than 3 per cent.
The 50-share Nifty of the National Stock Exchange closed at 3,985 points, 3.05 per cent below Thursday's close. This was the first time since May 2007 that the Nifty breached...
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Asia-Pacific stocks on Thursday mirrored the overnight plunges on Wall Street as credit dried up and fears rose that more financial companies would fail.
The biggest drops in the region were seen in Hong Kong, whose benchmark Hang Seng Index fell as much as 7.38 per cent before recovering; the Philippines at 4.25 per cent; and...
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Thai Beverage and Yangzijiang Shipbuilding Holdings will be dropped from the benchmark Straits Times Index (STI) starting September 22, the Singapore Exchange said on Friday.
Extremely low trading volumes were cited for Thai Beverage and plunging market capitalization for Yangzijiang.
They are to be replaced by plantation firm...
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Indian equities dropped more than 6 per cent Tuesday, largely because investors were selling stocks to lock in profits from previous gains given the gloomy global economic outlook and negative trading on other Asian markets, analysts said.
A fall in India's exports for the first time in five years in October added to the negative...
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The US Congress was moving closer to an agreement on the 700 billion-dollar financial rescue plan, lawmakers said Thursday, a day after a sombre US President George W Bush laid out the spectre of a "long and painful recession."
Republican presidential nominee John McCain, a senator from Arizona, said in broadcast remarks he...
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The United States on Friday unveiled part of a massive, comprehensive federal plan to help resolve the ongoing US financial crisis and prevent a rush of new bank failures in the coming weeks.
The US Treasury announced a 50-billion-dollar guarantee programme for the money-market mutual fund industry, the first in a series of moves that...
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Australia's securities regulator Friday joined its counterparts in the United States and Britain in curbing the short-selling of shares that has contributed to the tumult on stock markets.
The Australian Securities and Investments Commission (ASIC) ruled that from Monday a temporary ban on what's called naked short-selling would take...
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Romania's Bucharest Stock Exchange halted regular trading Friday for the second time this week, as the massive global sell-off hit Eastern Europe's fastest-growing economy.
Seeking to stem panic selling, exchange officials blocked transactions right at the start of Friday's session and drastically shortened the trading day to 15...
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Financial stocks led a rally on almost all world stock markets Monday, caused by the US government's decision to take control of embattled mortgage backers Fannie Mae and Freddie Mac.
The only significant market indices to buck the trend were China's Shanghai Composite and the smaller Shenzhen Component, which fell 2.7 and 3.0 per...
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The late-summer mood in the German economy has taken a turn for the worse with two key indices Tuesday showing both businesses and consumers in Europe's largest economy increasingly worried about their prospects.
The Ifo-Institut for economic research said the business community's mood showed a surprisingly sharp downturn in August,...
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The late-summer mood in the German economy has taken a turn for the worse with two key indices Tuesday showing both businesses and consumers increasingly worried about their prospects.
In Munich, the Ifo-Institut for economic research said the business community's mood showed a surprisingly sharp downturn in August, with Ifo's monthly...
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India's benchmark Sensex index fell 2.96 per cent in trading Thursday on heavy selling by funds and investors.
The 30-share index lost 434.50 points to close the day's trading at 14,243.73 points. Almost all the sectoral indices were in the red.
Similarly, the broader S&P CNX Nifty of the National Stock Exchange was also down...
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 The Standard & Poor's/Case Shiller national Home Price Indices reported on Tuesday that the prices of the existing single family homes across the United States are continuously declining.The index, which kept being lower and lower throughout 2007 and has continued at a record pace into the first quarter of 2008, plunging by 14.1...
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 Hong Kong stocks fell 8.6 per cent and Tokyo lost more than 5 per cent
Tuesday while the Seoul and Mumbai exchanges suspended trading amid
lingering fears about US economic woes.
Trading was halted in Indian and South Korean markets after dramatic falls on opening.
Hong Kong's Hang Seng index continued its downward spiral...
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 The Wall Street stock market has registered a record one-day rise, on Tuesday, since September 18, ending four sessions of loss, as a cause to good news from Goldman Sachs Group Inc. and Wal-Mart Stores Inc., which have scattered worries about the mortgage crisis.In addition, the lowered price of crude oil also brought investors, as it...
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Today, China has seen the largest drop in stock market indices ever as the Shanghai Composite Index plunged 330.34 points or 8.26 percent to 3,670.40. Meanwhile, the Shenzhen Component Index, tracking the smaller Shenzhen Stock Exchange, closed at 11,468.46, down 964.23 points or 7.76 percent.On Monday, the Shanghai Index fell for the...
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| Currency |
USD |
EUR |
GBP |
YEN |
| USD |
------ |
0.727 |
0.653 |
91.283 |
| EUR |
1.375 |
------ |
0.898 |
125.509 |
| GBP |
1.531 |
1.114 |
------ |
139.781 |
| YEN |
0.011 |
0.008 |
0.007 |
------ |
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