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After IT majors, L&T in line for share buy-back; Stock rises 5.5%

Larsen & Toubro announced on Saturday (August 18) that its board of directors will meet on August 23, to consider a proposal for buyback of equity shares of the company. This will be the first buyback by Larsen & Toubro. The size of...

Market Outlook: Global cues, rupee to chart course of equity indices

Mumbai: Fears over a rise in global protectionist measures, along with rupee movement and direction of foreign funds, are likely to chart the course of major domestic equity indices during the week starting on August 20. “Global risk...

Market Review: Easing inflation, global cues lift equity indices; weak rupee limits gains

Mumbai: Easing inflation data along with braodly positive global cues lifted the key Indian equity indices during the week with the NSE Nifty50 ending at a record closing level on Friday. India’s annual rate of inflation based on wholesale...

Global cues lift equity indices; Nifty closes at record level

Mumbai: Investor sentiments in the Indian equity market firmed up on Friday with the NSE Nifty50 ending at a record closing level, following broadly positive cues in the global markets. The benchmark S&P BSE Sensex breached the 38,000-mark...

Nifty sets new closing high on firm global cues; Sensex ends near 38000

Mumbai: Broadly positive global cues lifted the key Indian equity indices on Friday with the NSE Nifty50 ending at a record closing high of 11,470.75 points. According to market observers, healthy buying activity was witnessed in banking, metal...

Equity indices open in green; Sensex gains over 200 points

Mumbai: The key Indian equity indices opened on a positive note on Friday with the benchmark S&P BSE Sensex gaining over 200 points, supported by broadly positive cues from the global markets. According to market observers, healthy buying...