Business Standard

Sensex above 19,000 on reform hopes

SENSEX-ABOVE-19000-ON-REFORM-HOPES:Sensex above 19,000 on reform hopes

Related News

 

Reuters Market Eye - The gains 1 percent to 19,000 points for the first time since July 8, 2011 for additional fiscal and economic reforms.

The Nifty also advances 1 percent.

The cabinet is set to approve bills that would raise the cap on foreign direct investment in firms and open the pension sector to foreign investors, a government minister told reporters on Wednesday. (Click http://in.reuters.com/article/2012/10/03/pension-insurance-fdi-cabinet-idINDEE89207P20121003 to read full story)

Financial companies with insurance units surge: jumps 3.3 percent, hitting earlier its highest since December 2009, while Bajaj Finserve adds 2.5 percent having earlier hit a record high at 953.90 rupees.

Oil marketing companies gain after Brent futures fall: Hindustan Petroleum Corp rises 2.6 percent.

Blue chip lead gains: rises 2.6 percent, Reliance Industries gains 1.1 percent.

Read more on:   
|
|
|
|
|
|
|
|
|

Read More

Mallya cashes in on UB Holding share rally

Even in bad times, Vijay Mallya has managed to make a neat cash pile for himself by selling a part of his in United Breweries Holding Ltd (UBHL), ...

Quick Links

 

Market News

Bhushan Steel's cup of woes full to the brim

Faced with high debt, and a credit crunch from lenders, Bhushan Steel's decline has been a while in the making

Market is close to over valued territory

Valuation cannot be seen in isolation. It is relative to prevailing interest rates and returns available from other assets

Sensex rises for 4th quarter in a row

The BSE Sensex and Nifty edged higher on Tuesday, marking their fourth consecutive quarterly gain. The Nifty rose only 0.07 per cent for ...

BJP defeat would hurt stocks: CLSA

A loss for the Bharatiya Janata Party in Maharashtra and Haryana would be "sentiment negative" for Indian stocks, CLSA has said in a note. The ...

Rough diamond prices may see 5-10% correction

Decline in finance availability from lenders is the primary reason

Back to Top