HERO MOTOCORP

Sensex soars 997 pts; Nifty tops 9,850 mark

6:43 pm April 30, 2020

Mumbai: Taking its rising streak to the fourth straight session, equity benchmark Sensex rallied 997 points on Thursday led by gains in energy, IT and banking stocks as positive cues from global markets enthused domestic investors. Short covering due to expiry of April series F&O contracts added to the momentum, traders said. After surging 1,167 […]

Markets make tepid gains; RIL rebounds over 3 pc

8:21 pm March 11, 2020

Mumbai: Markets ended modestly higher on Wednesday, propped up by value buying in index heavyweights RIL, ICICI Bank and HDFC Bank, even as risk sentiment remained subdued amid rising coronavirus cases in the country. Despite rebounding over 386 points during the day, the 30-share BSE Sensex pared most gains to settle 62.45 points or 0.18 […]

Sensex pares early losses, turns flat after Eco Survey

4:23 pm January 31, 2020

Mumbai: Market benchmark Sensex pared most losses to trade marginally lower in afternoon session on Friday after the release of the government’s Economic Survey which projected a GDP growth rate of 6 – 6.5 per cent for the next fiscal. Stating that growth has bottomed out, the Economic Survey projected India’s economic growth at 6 […]

Sensex ends 205 pts lower; Nifty slips below 12,200

4:19 pm January 21, 2020

Mumbai: Market benchmark Sensex dropped 205 points on Tuesday, led by losses in auto, banking, metal and FMCG stocks amid a sharp fall in other Asian markets on concerns over a deadly virus in China. After trading on a volatile note, the 30-share BSE index settled 205.10 points, or 0.49 per cent, lower at 41,323.81. […]

Moody’s places Yes Bank’s ratings under review; direction uncertain

12:24 pm January 17, 2020

New Delhi: Moody’s Investors Service has placed Yes Bank’s long-term foreign currency issuer rating of B2 under review, with the direction uncertain, citing “slowness in raising new capital”. “The placing of Yes Bank’s deposit rating of B2 under review reflects Moody’s expectation that the bank’s standalone viability is getting increasingly challenged by its slowness in […]