Fair
0°CFri :Mostly Sunny. High: 4 Low: -2

Markets this week: Sensex gains 3.5%, ICICI surges 19%

Markets this week: Sensex gains 3.5%, ICICI surges 19%

The BSE Sensex rose 3.5 percent for the week ending September 6, as sentiment on Dalal Street was boosted after Raghuram Rajan took charge as the new governor of the Reserve Bank of India.

Rajan kicked off his term with a bang on Wednesday, announcing several measures to support the rupee and unveiling steps to liberalise financial markets and the banking sector. Hopes that the government might announce a one-time hike in diesel prices to cut its steep import bill also helped the stock market.

The rupee rose to its strongest against the dollar in nearly two weeks on Friday, rallying on growing expectations the unit has been badly oversold.

 

Top Stories

bmw

BMW M3 and M4 Coupe propelled in India, estimated at Rs 1.20 cr, Rs 1.22 cr individually

November-28-2014
BMW has propelled the M3 car and M4 Coupe execution twins in India with costs beginning at Rs 1.20 crore (M3 car)
Micromax-Canvas-Tab-P666-Photo-1-765x387

Micromax dispatches Intel based Canvas Tab P666 in India for Rs 10999

November-28-2014
Micromax, on Thursday propelled its new tablet Canvas Tab P666 in the Indian market for Rs. 10,999. Micromax has banded together with
Amit_Shah_650_rally_generic_20Nov14_1

For Amit Shah’s Kolkata Rally, BJP’s ‘Guinness Record’

November-28-2014
KOLKATA – A battle over Amit Shah’s rally in Kolkata on Sunday has driven the BJP to court the third time in
power-minister-piyush-goyal-says-government-will-act-soon-to-resolve-fuel-issue

Power Minister Piyush Goyal says government will act soon to intention fuel lack issue

November-28-2014
MUMBAI: India’s fuel-starved force undertakings would have the capacity to give a reward 30,000 MW ability to fuel the normal surge in
Srini_gurunath_LalitModi

IPL spot-altering: SC ought to rebuff Srinivasan, Meiyappan not scrap CSK

November-28-2014
We have to be mindful so as not to toss the child out with the bathwater. For all its apparent ills, the
ungli-zid-759

Emraan Hashmi, Randeep Hooda’s ‘Ungli’, Mannara’s “Zid” release today

November-28-2014
We have three exceptionally fascinating movies discharging this Friday – multi-starrer ‘Ungli’, Priyanka Chopra’s cousin Mannara’s introduction film, “Zid” and Adil Hussain’s