All the jewelers declared today also that, till the day the government won’t withdraw all the imposed excise duties on the unbranded jewellery, they will continue with their nationwide strike. The strike started from March 17. The jewellery shopkeepers submitted their petitions to the state governments, Commissioners of excise, MPs and MLAs for getting a […]
At the very beginning of the week, the Bombay Stock Exchange started with a negative direction. The market was consistently falling and at the end of the day market observed the downfall of 309 points. The Nifty was down by 1.78% to close at 5,185 points with the loss of 94 points, whereas the Sensex […]
The industrial body of India, Associated Chambers of Commerce and Industry in India (ASSOCHAM) has declared an increase in the prices of the steel products to 10%. In the recent financial budget, Pranab Mukherjee increased the import duty on non-alloy flat steel products from 5% to 7.5%. This may also lead the industry to loss […]
The shares of the public sector banks rallied sharply on the bourses, as the Finance Minister, Pranab Mukherjee, declared capital infusion for them in the Union Budget 2012-13. Mukherjee also added that, Rs. 15, 888 crore will be provided for the capitalization of public sector and regional rural banks and NABARD. In this situation, a […]
The Monday market started to catch speed after its opening, and unexpected industrial output data boosted some of the country’s major manufacturers, like State Bank of India rallied after observing last week’s cash reserve ratio. BSE Logo Earlier stronger gains were gained after the hike in the production data also reduced expectations for a rate […]
The National Stock Exchange’s Nifty ended in a uneven session because on a flat note due to lack of conviction amongst investors following miserable performance of Congress party in Uttar Pradesh assembly elections. “In our view, the policy drift in New Delhi is likely to persist and the urge to push through reforms aggressively in […]
The political drama that played out during the day was reproduced in the stock markets as well. The Indian benchmark indices, after an unpredictable session which saw the market rising by as much as 1.9 per cent, ended the day down 1.1 per cent from their previous close. The BSE Sensex closed at 17173, down […]
After the declaration of the state elections results, the share market was closed 1.1% lower, as Samajwadi Party is going to take oath as the next ruling party in Uttar Pradesh. According to the market analysts, SP and Congress alliance in UP is going to fetch the reform in the centre also. It will give […]
