business-india-news

BSE Sensex holds up as rupee dives

Mumbai, Aug 28 : The BSE Sensex rose 0.16 percent on Wednesday led by gains in IT stocks and bargain buying in banks despite a historic fall in the rupee. The 30-share benchmark index ended 28.07 points higher at 17,996.15 with 19 of its components closing in the green. The broader 50-share National Stock Exchange (NSE) Nifty index however ended 0.05 percent or 2.45 points lower at 5,285.00 on Wednesday. The rupee slumped to a record low of 68.85 to the dollar on a continuing recession of confidence in the economy, posting its biggest single day fall in 18 years.


Meanwhile in the New Delhi bullion market, gold fell by Rs 200 to Rs 31,500 per ten grams while silver rose by Rs 470 to Rs 54,000 per kg.

--IBNS (Posted on 28-08-2013)

business-india-news headlines

Mindtree, IGD launch inaugural e-commerce award

GlacialLight launches low bay lights

DLF leases 3 million sqft office space in FY 14

Tanishq launches special Akshaya Trithiya offers

Azure Power joins Accenture for ERP solution

Air India to lease aircraft to generate cash

Woo your taste buds with Birizza

Infotech's net up by 15 percent

69 percent cyber attacks targeted at large companies in India: Report

OPEC daily basket price closes lower

Bond market's take on Indian election outcome

Russian JV venture promises to end India's butyl rubber import

Quick Links: Goa | Munnar | Pondicherry | Free Yearly Horoscope '2014

Comments

Your e-mail:


Your Full Name:


Type verification image:
verification image, type it in the box

Message:

Back to Top