Sensex scales new peak despite weak global mkts – Times of India

[ad_1] MUMBAI: A hawkish US central bank and sharply lower Asian markets notwithstanding, Dalal Street continued to rally on Thursday with the sensex closing 340 points up at 65,786, a new all-time high closing level.The day’s gains came on the back of strong buying in heavyweights like Reliance Industries, M&M and Axis Bank, BSE data … Read more

Credit card dues cross Rs 2 lakh crore for the first time – Times of India

[ad_1] Mumbai : At nearly 30%, credit card dues have grown twice as fast as overall bank loans in a year. For the first time, credit card outstanding crossed the Rs 2-lakh-crore mark in April. Lenders say there are no major concerns as the share of credit card dues remains small even as RBI has … Read more

Market benchmarks rally in early trade – Times of India

[ad_1] MUMBAI: Benchmark equity indices rallied in early trade on Tuesday amid optimism in the US markets and positive domestic macroeconomic data points.The 30-share BSE Sensex jumped 300.79 points to 63,025.50 in early trade. The NSE Nifty climbed 82.7 points to 18,684.20.From the Sensex pack, Asian Paints, ITC, Hindustan Unilever, Axis Bank, Titan, Nestle, Bajaj … Read more

Equity markets settle flat in volatile trade; IT stocks play spoilsport – Times of India

[ad_1] MUMBAI: Equity benchmarks BSE Sensex and Nifty closed marginally higher in a volatile session on Tuesday as fag-end buying in auto, industrial and commodity stocks helped the indices extend gains for a third straight day.Investors also preferred to stay on the sidelines ahead of the Reserve Bank of India’s interest rate decision later this … Read more

Axis Bank Shares Fall Over 2%, Market Valuation Falls By Rs 6,412.93 Crore

[ad_1] Axis Bank reported a Rs 5,361 crore loss on a consolidated basis for the January-March period. New Delhi: Shares of Axis Bank declined over 2 per cent on Friday after the company reported a Rs 5,361 crore loss on a consolidated basis for the January-March period. The stock fell by 2.39 per cent to … Read more