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BSE Sensex closes above 19K, L&T shines Indian shares surged 2.52 percent to a record close on Friday, led by Larsen & Toubro, as worries eased about feared fund outflows after the regulator had tightened rules for unregistered foreigners. 26 Oct 2007
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Analysts' view on P-note curbs India's stock market regulator on Thursday tightened rules regarding the use of participatory notes (P-notes), which unregistered foreigners could use to gain exposure to Indian shares. 25 Oct 2007
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SEBI curbs P-notes to boost transparency India's stock market regulator tightened investment rules for unregistered foreigners as expected on Thursday by clamping down on issuance of indirect investment notes to stem inflows of anonymous money. 25 Oct 2007
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Indian shares rise 1.4 percent in choppy trade; ICICI up Indian shares rose 1.4 percent on Thursday, helped by short-covering on the last day of monthly derivatives contracts, but trade was choppy as investors awaited a decision on tightening rules for unregistered foreigners. 25 Oct 2007
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Indian shares rise in choppy trade, State Bank up Indian shares held modest gains on Wednesday in choppy trade after an early rally triggered profit-taking, a day after the market had jumped 5 percent. 25 Oct 2007
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U.S. Treasury's Paulson to meet top Indian govt officials U.S. Treasury Secretary Henry Paulson will meet with top government officials in India next week during a trip that will include an appearance at a conference in New Delhi on India's rise as an economic power. 24 Oct 2007
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BSE Sensex surges 5 percent as inflow concerns ease Indian shares surged 5 percent on Tuesday, their biggest one-day gain in 16 months, on hopes of increased foreign inflows after the market regulator said it would speed up clearance procedures for foreign investors. 24 Oct 2007
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Reliance Power's IPO on track: Anil Dhirubhai Ambani Group Reliance Power has not changed its plans to list its shares, the Anil Dhirubhai Ambani Group that controls the firm said, reacting to market speculation the initial public offer may be postponed. 23 Oct 2007
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Indian shares recover to close down 1.9 percent on Black Wednesday After plunging 9 percent during early trading on Wednesday, Indian shares recovered the bulk of their losses by the end of a hectic session, which included a one-hour suspension, after the finance minister and the market regulator spoke out to explain the plan and stress foreign investors were still welcome. 18 Oct 2007
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Stocks slide, panic grips Asian markets Asian stocks slid on Wednesday after disappointing earnings from big U.S. banks sparked profit worries, with India's share market and rupee suffering a panic selloff on proposed curbs on inflows of foreign funds. 17 Oct 2007