India Insight

Markets this week: ICICI, Hindalco top Sensex gainers

May 9, 2014

By Sankalp Phartiyal and Ankush Arora

The BSE Sensex and the Nifty rose more than 2 percent in a week that was largely lacklustre until the main stock indexes hit fresh life highs on Friday, buoyed by optimism that India’s principal opposition party would get a majority in the ongoing election.

Markets this week: Sensex loses 2.7 percent, SBI falls 7.5 percent

November 8, 2013

Hurt by profit-taking in blue chips, the BSE Sensex posted its worst weekly decline since August as it lost 2.7 percent in a holiday-truncated week.

Equity mutual funds record best monthly performance since Jan 2012

November 5, 2013

India’s diversified equity funds posted their best monthly performance since Jan 2012 as the benchmark Sensex scaled record highs in October, with bets on sectors such as banking and capital goods boosting mutual fund returns.

Markets this week: Sensex falls 2.6 percent, Jindal Steel slumps 9 percent

September 27, 2013

After rising for four consecutive weeks, the BSE Sensex fell 2.6 percent in the last five trading sessions, as a surprise repo rate hike by the Reserve Bank of India (RBI) on Sept. 20 dampened investor confidence and battered banking shares.

Crisis of confidence? You must be joking!

October 13, 2008

Joke 1
Joe Blogger had a cheque returned last week. They said it was due to “Insufficient Funds.” Now, Joe’s not sure if they meant his account or the bank’s?