BSE Realty Index up 6%, Oil & Gas down 3%; Sensex choppy
Equity benchmarks continued to consolidate after hitting record highs but the broader markets maintained outperformance with the BSE Midcap and Smallcap indices rising 2 percent and 2.8 percent, respectively.
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Business News
Wipro bags IT infrastructure deal from Corning
Through this strategic collaboration, Wipro will make Corning's IT services more resilient to market volatility and enhance performance and operational efficiency, the company statement read.Economy News
India needs policy reforms, not deal making: NIPFP
Ajay Shah, National Institute of Public Finance Policy India is facing a four-part problem. The country has lost its macro-economic stability, logjam in natural resources and infrastructure, private sector is up in arms at the pain of doing business in India and lastly the financial system mess.IBN Reports
Sensex slips into negative zone, down 63 points
NTPC, Tata Power, Hindalco, ITC and SBI are top gainers in the Sensex.
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After rupee crisis, RBI shores up currency's defences
"In 2009, 2010, there was this great hands-off approach. But now we are thinking of reserve accretion," said an official aware of the RBI's approach.Market Reports
BSE Realty Index up 6%, Oil Gas down 3%; Sensex choppy
Equity benchmarks continued to consolidate after hitting record highs but the broader markets maintained outperformance with the BSE Midcap and Smallcap indices rising 2 percent and 2.8 percent, respectively.Buzzing Stocks
SKS Microfinance up 4.5%, sets QIP floor price at Rs 235.06
Investors continued to buy shares of micro finance lender SKS Microfinance after the company has fixed floor price for its QIP (qualified institutional placement) issue at Rs 235.06 apiece. The stock gained as much as 4.5 percent intraday on Tuesday.Market Edge
Modi Impact: Over 400 stocks on BSE hit fresh 52-week high
Investors shunned defensives like IT, pharma and went for cyclicals like banks, power, realty, capital goods and metals. Star performers in the midcap space were infra, cement, power and banking stocks. PSU stocks hogged the limelight with more than double-digit gains, which was a rare site for several stocks in this space. Market Outlook
June series could be weak; may see levels sub 7k:Sukhani
In an interview to CNBC-TV18 technical analyst, Sudarshan Sukhani of s2analytics.com shared his reading and outlook on the market.Technicals
Euro gains on ECB; stocks up with economic data
The euro rose on Monday on expectations of higher eurozone interest rates while world stocks eked out gains as concerns about Middle East and Japan cast a cloud despite positive economic data.
Global Markets
Asian shares mostly higher, but Thai martial law weighs on SET
Asian shares mostly higher, but Thai martial law weighs on SET
Politics
During his acceptance speech, 63-year-old Narendra Modi broke down in tears.
Narendra Modi and his Cabinet's swearing in ceremony will take place at the Rashtrapati Bhavan.
An emotional Narendra Modi broke down in Parliament on Tuesday after he was unanimously elected as the leader of the BJP Parliamentary Party.
India
Narendra Modi and his Cabinet's swearing in ceremony will take place at the Rashtrapati Bhavan.
An emotional Narendra Modi broke down in Parliament on Tuesday after he was unanimously elected as the leader of the BJP Parliamentary Party.
Rajasthan has elected two ex-Army officers and two former bureaucrats as Members of Parliament in this Lok Sabha elections.
Tech
The Central Government Procurement Centre issued the ban on installing Windows 8 on government computers as part of a notice on the use of energy-saving products.
Here are a lot of tricks that can help you perform a well-executed search on Google and make the most of the search engine.
Twitter has unveiled a number of cosmetic tweaks in recent weeks in hopes of improving user growth.
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