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Chidambaram sees no need to cut state bank stakes Finance Minister Palaniappan Chidambaram has announced that he saw no need to lower the government's stakes in state-run banks, and added that India's inflation rate was contained. 27 Oct 2006
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NASDAQ salutes India's festive spirit With Bombay Stock Exchange's 30-share benchmark index, Sensex, scaling new peaks in the past few weeks, the US-based Nasdaq Stock market saluted India's festive spirit by displaying a huge message announcing Diwali - the festival of lights – which will be celebrated across India on October 21. 21 Oct 2006
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Indian stocks flat but refiners shine Frontline Indian shares remained in a tight range on Thursday on mixed overseas cues, oil firms shot up as global crude prices dipped, and Reliance rose on two separate media reports. 12 Oct 2006
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Indian shares trade flat on oil worries Indian shares defied firm world markets to trade flat to lower on Thursday as crude oil bounced back, stoking investor fears of higher inflation. 30 Sep 2006
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Indian shares rise to 4-month highs Indian shares rose more than 1 percent on Thursday to their highest close in over four months on sustained buying in blue-chips such as ICICI Bank Ltd., ITC Ltd. and Hindustan Lever Ltd. 22 Sep 2006
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Investors upbeat on India's economy despite Mumbai bombings Foreign and Indian business leaders say the world has learned to live with terrorism, and the bombings that rocked India's financial hub, Bombay, are unlikely to slow the country's fast growing economy or harm investor confidence. 15 Jul 2006
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Mumbai bomb attacks fail to prevent Sensex surge Series of bomb blasts in Mumbai, Tuesday late evening, have claimed up to 200 lives but failed to prevent the benchmark sensitivity index of the Bombay Stock Exchange (BSE) - the 30-share Sensex – from surging by nearly three percent, calming fears that investor confidence in India's rising economy had been undermined by the blasts. 13 Jul 2006
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Sensex rallies to midweek surge of 257 points, crosses 10,900 mark The benchmark 30-share Bombay Stock Exchange (BSE) index, Sensex, rallied on Wednesday to surge by 257.42 points, propelling it above the 10,900 mark, supported by heavy buying of blue chips by foreign funds and domestic investors. 08 Jul 2006
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Monsoon gives Sensex blues Indian shares fell slightly Tuesday amid no major buying support from large brokerages, which were hit by a shortage in staff attendance due to heavy rains that virtually crippled the nation's financial capital. 06 Jul 2006
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Indian shares rise on fund buying Indian shares rose Monday due to sustained fund buying of blue chips like Oil & Natural Gas Corp., or ONGC, and of technology stocks. 04 Jul 2006