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

Sensex holds 26,800; BSE Midcap index up over 1%

The market breadth in BSE remains healthy with 1,732 shares advancing and 930 shares declining

Alstom India gains on orders worth Rs 6,320 crore

Alstom India has surged 2% after winning contracts worth 800 million euros (approx Rs 6,320 crore) to build high-voltage direct current power ...

Wockhardt gains 5% post USFDA fast-tracks nod for anti-infection drugs

The company has received QIDP status from the USFDA for two of its drugs, WCK 771 and WCK 2349.

Markets likely to open firm; 5 stocks to be in focus

Markets are likely to see a positive opening today following increase in the country's growth rate in June quarter

Gold imports on the rise ahead of festive season

Jewellery demand expected to normalise; investment demand still low

Back to Top