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Lower corporate tax aids Tata Steel net profit to grow by 5.97%

MUMBAI, Nov. 6 -- Tata Steel, the country's largest private steel maker, reported net profit of Rs3,302 crore in the September 2019 quarter, a rise of 5.97% year-on-year backed by one-time gains and a... Read More


Sensex off all-time high; ICICI Bank, Cipla top gainers, Titan slumps 10%

New Delhi, Nov. 6 -- Indian equity market recovered from losses, with BSE Sensex touching an all-time high of 40,606.91 points today, while the Nifty 50 index hit the 12,000-mark for the first time in... Read More


Markets snap 7-day rising streak; Bajaj Finance, Yes Bank top gainers

Mumbai, Nov. 5 -- After rising for seven consecutive sessions, Indian equity market closed in the red on Tuesday as investors booked profit. India's decision against joining a trade agreement covering... Read More


Sensex ends at record high, metal stocks shine on optimism over US-China deal

New Delhi, Nov. 4 -- Indian equity market extended gains for the seventh consecutive session on Monday, ending marginally up from Friday's close, tracking optimism in the global market on progress of ... Read More


Sensex rises marginally on global cues

Mumbai, Nov. 1 -- Benchmark equity indices rose marginally tracking gains in the Asian markets. Nifty 50 heavyweights-IndusInd Bank Ltd, Zee Entertainment Enterprises and two steel-producing majors Ta... Read More


Sensex ends above 40,100 after hitting record high, Yes Bank gains 24% in a day

New Delhi, Oct. 31 -- Another rate easing of 25 basis point by the US Federal Reserve and hopes of further reforms here propelled domestic indices to their lifetime highs in Thursday's trade. The BSE ... Read More


Sensex tops 40,000 points on gains in index heavyweights

Mumbai, Oct. 30 -- The benchmark BSE Sensex jumped 220.03 points or 0.5% to close past the psychologically crucial level of 40,000 in Wednesday's trade. The index closed at 40,051.87, driven by heavyw... Read More


Sensex ends up on buying in heavyweights, reports govt may rejig tax on equity

Mumbai, Oct. 29 -- Key equity indices gained, touching fresh intraday high, led by heavyweights. Media reports that the government plans a major tweak in tax on equities also boosted sentiment. The S... Read More


SBI Q2 net profit triples to Rs.3012 crore, asset quality improves

Mumbai, Oct. 25 -- State Bank of India on Friday said its second-quarter net profit more than tripled on the back of higher net interest income and other income. The bank posted a net profit Rs.3,011... Read More


Sensex, Nifty end down; telecom, bank stocks fall on SC order on AGR

Mumbai, Oct. 24 -- Key equity indices closed lower on Thursday, dragged down by telecom and bank stocks that declined after the Supreme Court upheld the definition of adjusted gross revenue (AGR) prov... Read More