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11 November, 2016 4:56 PM Tata Steel swings to loss in September quarter

Hurt by weak UK operations, Tata Steel reports Rs49.38 crore loss Mumbai: Tata Steel Ltd on Friday said it swung to a loss in the quarter ended 30 September, hurt by weak operations in the United Kingdom. The steel maker reported a consolidated net loss of Rs49.38 crore for the quarter, compared with a net profit of Rs5,609.43 crore a year ago. Net sales 325

11 November, 2016 2:18 PM ED keeping eye on 67 forex dealers exchanging old Rs 500, 1,000

NEW DELHI: Widening the probe into illegal money changers, the Enforcement Directorate is keeping track of as many as 67 forex dealers across the country to look into foreign exchange violations and money laundering after the government scrapped old 500 and 1,000 rupee notes. In a parallel manner, the Income Tax Department conducted surveys across the country 100

11 November, 2016 1:55 PM Mapping the market: 76 BSE stocks at 52-week low, smallcaps hit hard

NEW DELHI: An Indian fish and a Chinese monkey had predicted Donald Trump win in the US presidential election. And there were prophets of doomsday, who saw Friday’s carnage on the Dalal Street coming! It was a Black Friday for the domestic equity market, which saw the BSE benchmark Sensex clock its second-biggest percentage fall of 2016, and that happened 127

11 November, 2016 1:22 PM Mayhem on Dalal Street: Five reasons why Sensex tanked by 699 points

There was mayhem on Dalal Street on Friday as BSE Sensex plunged by 699 points to dip below the 27,000-level on massive sell-off and persistent foreign fund outflows amid weak global cues. This was the weakest closing since June 29, 2016. The 50-share NSE Nifty broke 8,300-mark after plunging 229.45 points, or 2.69 per cent, to 8,296.30, its lowest closing 122

11 November, 2016 11:23 AM Sensex crashes 699 pts to crack 27,000-mark

Sinking to its lowest level in over 4 months, benchmark Sensex on Friday crashed about 699 points, its biggest single-day fall since February 11, to drop below the key 27,000-level on sustained foreign fund outflows combined with weakening trend globally. Besides, the rupee breaching the 67—mark against the US dollar by plunging 59 paise to 67.22 (intra 210

11 November, 2016 11:23 AM Sensex ends below 27,000 mark

Sudden selling pressure in late trade dragged the key benchmark indices sharply lower. The barometer index, the S&P BSE Sensex, fell 698.86 points or 2.54% to settle at 26,818.82. The losses for the Nifty 50 index were higher in percentage terms than those for the Sensex. The Nifty fell 229.45 points or 2.69% to settle at 8,296.30. The Sensex settled 221

11 November, 2016 11:06 AM Weak rupee pulls Sensex, Nifty down

Profit booking, weak rupee and lower crude oil prices dragged the Indian equity markets lower on Friday. The key indices provisionally closed the day’s trade with losses of more than 2.5 per cent each, as heavy selling pressure was witnessed in automobile, banking and consumer durables stocks. The wider 51-scrip Nifty of the National Stock Exchange (NSE) 274

11 November, 2016 10:06 AM Sensex Sinks 413 Points on Profit-booking in Early Trade

Mumbai: BSE Sensex crashed nearly 413 points and NSE Nifty cracked below the 8,400-mark in early trade on Friday morning on profit-booking at higher levels and foreign capital outflows ahead of IIP data to be released later in the day. The 30-share index was down 412.53 points, or 1.49 per cent, at 27,105.15, with stocks of realty, consumer durables 216

11 November, 2016 5:07 AM Sensex tanks 300 points; Nifty50 slips below 8,450; HDFC top loser; Sun Pharma rallies

NEW DELHI: Domestic equity benchmarks took a beating in early trade on Thursday, following a sharp fall in Asian markets, rattled by surging US 10-year bond yields. The BSE benchmark Sensex tumbled over 300 points, while the Nifty50 fell below crucial support of 8,450 level. Selling was seen in index heavyweights such as HDFC, ITC and ICICI Bank. By 9.20 am, the BSE Sensex 203

11 November, 2016 5:07 AM Sensex, Nifty fall over 1%, Sun Pharma top gainer on Q2 earnings

On the last trading day of the week, the Sensex and Nifty turned volatile in early trade following Asian stocks as investors feared a spike in interest rate over a possible capital outflow after Trump's presidency. The headline indices cracked as Sensex was trading 27,153, down 364 points while the Nifty was trading at 8,398, down 127 points. "We would 210