news


Sensex above 15,600 points
Mumbai:
The benchmark Sensex continued its rise and crossed 15,600 in early trades today with diverse index stocks Bharti Airtel, Infosys, L&T, Tata Motors, Reliance, Reliance Communications, Ranbaxy and Tata Steel continuing their secular gains.

The Bombay Stock Exchange's Sensex, flared up by 103 points at a new high of 15,653.53 points, up 103.40 points.

Similarly, the wide-based National Stock Exchange's index Nifty rose 28.30 points at 4,590.40.
Back to News Review index page  

Dow crosses 14000 mark
Mumbai:
The US markets rose on Thursday, taking the Dow Jones industrial average to close over the 14,000 mark for the first time at 14000.41, a rise of 82.19 points (0.59 per cent).

The surge was attributed to technology and industrial sectors performing beyond expectations leading to a resurgence of earnings optimism, despite Federal Reserve chairman Ben Bernanke fuelling caution on the sub prime market.

The Standard & Poor's 500 Index was up 6.91 points, (0.45 per cent) at 1,553.08.
The Nasdaq Composite Index was up 20.55 points, (0.76 per cent) to close at 2,720.04 after going up to 2,724.74 - a six-and-a-half year peak.
Back to News Review index page  

Oil prices ease
Crude oil prices eased slightly in Asian trades today indicating a respite from their sustained rise.

Brent North Sea crude for September delivery eased 15 cents to $77.52 a barrel.

Light sweet crude, New York's main oil futures contract, for August delivery was 12 cents lower at $75.80 per barrel from $75.92 in late US trades yesterday -- a fresh 11-month high.
Back to News Review index page  

 


 search domain-b
  go
 
domain-B : Indian business : News Review : 20 July 2007 : Markets