Category Archives: Business

Sensex posts biggest weekly gain in two months 

The Sensex on Friday closed at new 16-month high of 28,532.11 and the broader NSE Nifty reclaimed the 8,800-mark, driven by auto stocks on upbeat August sales data amid positive global cues. On a weekly basis, the Sensex climbed 749.86 points or 2.69 per cent.
Source: TOI BUSINESS

Rupee ends a tad higher at 66.95 against dollar

The rupee on Thursday gained a paisa against the US currency to end at 66.95, extending its winning streak to the third straight session despite weak macro-economic data. Healthy foreign fund inflows from backed by a weak dollar against other currencies largely supported the home currency.
Source: TOI BUSINESS

Sensex ends lower; telecom stocks slump on RJio fears

Market benchmark BSE Sensex on Thursday erased its early gains to end lower by 29 points, halting 3-day winning run, following emergence of sell-off mainly in telecom stocks after new entrant Reliance Jio came out with free voice calls and cheaper data tariffs.
Source: TOI BUSINESS