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Budget 2015: Long-term measures and no numbers dampen day traders day
“This was probably the first budget where the FM concentrated more on the long-term measures than simply talk numbers about the sector.
Budget 2015: Given the good they do nation, infrastructure bonds should be open to all
The government even while encouraging tax culture must not look down upon tax savings through infrastructure-centric investments
Budget 2015: Eliminate physical cash, says TechProcess CFO
The Govt must introduce rules to deem cash transactions above certain value illegal; charge a fee on large cash withdrawals with additional scrutiny; and announce tax rebate for businesses accepting electronic payments.
Budget 2015: Fiscal consolidation is the most important reform that markets are waiting for
Focus on improving the tax-to-GDP ratio from current 10.6 percent levels, lowering the subsidy bill from over 2 percent of GDP and spending on creation of assets will help the government on its fiscal consolidation path
Even if Budget 2015 is a good one, markets will struggle in the short term
What the market seems to be indicating is that the medium term picture still looks good, despite the near term gloom
Sensex hits 3 week high on optimism over upcoming Budget, rate cut hope
Riding high on optimism over the upcoming Budget and hopes of rate cut, Indian markets rose for the sixth straight day with benchmark Sensex surging 184.38 points to close at three-week high of 29,320.26 today.
Budget 2015: Dear Jaitley, salaried class deserves exclusive tax benefits
The income-tax law indeed is caught in a time warp especially for the salaried class
Markets snap 7-day gain, Sensex ends down 280 points on heavy selling pressure
Sensex fell for the first time in eight days, dropping 230.86 points to close at 29,231.41 on selling in bluechips, including RIL, and caution ahead of the the Union Budget.
Rupee gains 12 paise, closes at 62.22/$
Bucking the weak trend in Indian shares, the rupee today closed with a gain of 12 paise against the American currency at 62.22 on selling of dollars by banks and exporters.
Sensex rises for 7th day, gains 142 points as metal stocks shine in trade
Sensex rose 142 points, extending its winning run to the seventh day, buoyed by gains in HDFC, Infosys and L&T as well as fag-end buying in metal shares
IPL auction: Yuvraj Singh should not have to pay more tax than Aaron Finch
Why do we go overboard in our tax hospitality to foreign sportspersons? The ostensible reason is to attract the best talent so that a nation lagging behind in sports gets to watch the best in the field and learn.
Sensex gives up early gains, slips into negative on profit-booking
Sensex failed to hold its initial gains and slipped into the negative territory by falling over 155 points in late morning trade
Sensex up 111 points in early trade as consumer durables lead gains
A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), Thursday was trading 110.74 points or 0.38 percent up as consumer durables stocks surged.
Rupee snaps two-session gain, falls 18 paise to close at 62.34/$
The Indian rupee today snapped its two-session uptrend against the American currency, falling 18 paise to close at 62.34 on fresh dollar demand from banks and importers.
Rupee falls 10 paise to 62.26/$ in early trade
The rupee depreciated by 10 paise to 62.26 against the dollar in early trade today at the Interbank Foreign Exchange due to appreciation of the US currency overseas.
Sensex up 92 points in morning trade as capital goods stocks surge
A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), Wednesday was trading 92.58 points or 0.32 percent up as capital goods stocks surged.
Markets gain for the third day, Sensex ends up 271 points ahead of CPI data
Ahead of the release of crucial inflation data, Sensex provisionally closed Thursday's trade up 271 points or 0.95 percent.
High on data: Sensex climbs 150 points, Nifty up ahead of IIP, inflation data
Expectations of faster economic reforms by the government and optimism over the forthcoming Budget, buoyed trading sentiments.
Rupee falls for the third day, ends at fresh one month low of 62.25/$
The Indian rupee fell for the third consecutive session today against the American currency, slipping by six paise to close at fresh one-month low
Markets gain for second day, Nifty closes above 8,600 on reforms hope
Nifty index reclaiming the 8,600-mark powered by a rebound in bluechips amid hopes of faster reforms and optimism over the upcoming Budget.
Sensex gains 134 points on value buying, positive global markets
The benchmark BSE Sensex rose over 134 points in early trade today on value-buying by investors in selective stocks amidst optimism over the upcoming Budget.
Rupee recovers marginally by one paisa at 62.18/$
The rupee pared its initial sharp losses to recover marginally by one paisa against the US dollar at Rs 62.18 in late morning trade today on mild bouts of dollar selling from banks and exporters.
Sensex snaps seven day losing streak, ends day higher by 128 points
Snapping seven days of losses, the benchmark BSE Sensex gained 128 points to close at 28,355.62 points.
Markets shrug off AAP victory in Delhi, Sensex recovers by 200 points
The BSE Sensex and Nifty rose over 1 percent on Tuesday on value buying in blue-chips such as ICICI Bank after a seven-day losing streak, as investors shrugged off worries that an anti-corruption party may win the Delhi state elections.
Rupee falls by 48p, ends near 4-week low of 62.17 vs dollar
rupee today declined by 48 paise to settle at nearly four-week low of 62.17 against the US currency due to capital outflows and fresh dollar demand from banks and importers.
Blood-bath on D-St as market sell-off intensifies, Sensex sheds almost 500 points
The BSE Sensex plunged 490 points, marking its seventh straight day of losses. The Nifty slipped 1.56 percent and closed below the psychological 8,550 levels.
Delhi polls, earnings weigh on as markets head for 7th day of decline
The BSE Sensex and Nifty continued their downward trend on Monday as the Delhi Election outcome and earnings weighed on sentiments.
Market value of top 5 Sensex cos up by Rs 36,780 cr in first week of Feb
The combined market capitalisation of top-five Sensex companies rose by Rs 36,780.23 crore last week, where IT majors TCS and Infosys stole the show with maximum rise in their valuation.
FIIs invest over Rs 12,000 cr in capital markets in first week of Feb
FIIs have pumped in nearly Rs 12,000 crore in Indian capital markets in the first week of this month following certain measures taken by financial sector regulators.
Rupee ends higher by 4 paise, closes at 61.69/$
The rupee firmed up further by 4 paise to close at 61.69 against the American currency on sustained selling of dollars by banks and exporters.