Business

Sensex soars 630 points, Nifty reclaims 10,700-mark

Benchmark indices defied gravity for the second straight session Wednesday as investors gave a thumbs-up to the prompt appointment of former bureaucrat Shaktikanta Das as the new RBI Governor.
The BSE Sensex zoomed 629.06 points, or 1.79 per cent, to end at 35,779.07, while the broader NSE Nifty rallied 188.45 points, or 1.79 per cent, to 10,737.60. All the 30 Sensex stocks as well as BSE sectoral indices finished with gains, led by realty, auto, metal, capital goods and financial counters.
Major gainers in the Sensex pack were Hero Motocorp, which rallied 7.01 per cent, followed by Bharti Airtel (6.69 per cent), Yes Bank (5.30 per cent), Adani Ports (4.90 per cent), Tata Steel (3.75 per cent) and Bajaj Auto (3.70 per cent).
Analysts said the quick appointment of the new RBI governor and expectations of more steps to ease the liquidity situation bolstered trading sentiment.

Canara Bank issues bonds from London branch to raise up to USD 400 million

State owned Canara Bank Friday said it has launched a bond issuance programme through its London branch to raise up to USD 400 million (about Rs 2,750...

Sensex snaps 8-day winning run, dives 222 points on profit booking

Snapping its eight-day winning streak, the BSE benchmark Sensex declined by over 222 points on Friday to end at 38,164.61 as investors booked profits ...

Sensex up 116 pts, Nifty above 11,550 mark

The Sensex and Nifty opened higher on Friday following firm Asian markets along with gains in the pivotal banking stocks.Sentiments continued to be up...

Yes Bank is hiring CAs for checking banking frauds

Yes Bank has advertised for employing Chartered Accountants for the position of 'Quality Control Financial Crime' in Kolkata.Yes Bank looking to fill ...