Narendra Modi's Washington test

Narendra Modi's Washington test

If Modi gets the world’s biggest power right, his pursuit of larger global goals...
Small banks or banks for ‘small’ people?

Small banks or banks for ‘small’ people?

Unless appropriate sub-limits are imposed on loans, there is a serious...

BSE Sensex edges lower from 5-week high, Idea Cellular, Bharti Airtel, Reliance Comm share prices hit

Jan 16 2014, 17:59 IST
Comments 0
BSE Sensex falls over 24 points to end at 21,265.18. (Reuters) BSE Sensex falls over 24 points to end at 21,265.18. (Reuters)
SummaryBSE Sensex fell on Thursday after earlier marking its highest levels in five weeks.

from marking its highest intraday level since August 2013.

LIC Housing Finance fell 1 percent after its December-quarter net profit rose by 38.2 percent to 3.27 billion rupees, falling short of some analysts' expectations.

TCS fell 0.1 percent ahead of its October-December results later in the day.

However, HCL Technologies Ltd rose 4.5 percent after earlier rising to a record high of 1,398 rupees after the company's December-quarter consolidated net profit rose more than expected.

Bajaj Auto rose 0.7 percent after the company reported a better-than-expected 10.5 percent increase in quarterly net profit, helped by foreign exchange gains and as higher revenues from exports helped offset weak demand for its vehicles.

FACTORS TO WATCH

* Aussie dollar slumps to 3-1/2-year low after jobs data

* Oil falls below $107 as supply outlook improves

* Stocks, dollar cheered by global economy pick-up

* Foreign institutional investor flows

Single Page Format
Ads by Google

More from Markets

Reader´s Comments
| Post a Comment
Please Wait while comments are loading...