Market benchmark indices Sensex and Nifty slumped on Thursday, taking their downward trend to the third day running amid unabated foreign fund outflows. Photograph: PTI Photo from the Rediff......
Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets. Photograph: Shailesh......
Benchmark Sensex closed above the 85,000 level for the first time while Nifty scaled the 26,000 peak at close on Wednesday as fag-end buying in banking and power shares helped stock markets recoup......
Overall market reaction to the Budget was neutral. Illustration: Dominic Xavier/Rediff.com Investors absorbed the changes to the tax rates (positive for salaried class) and capital gains taxes......
The Budget proposals are expected to boost the fortunes of consumer goods and fast-moving consumer goods companies, which have been struggling with poor consumer demand for more than a year.......