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IISL announces five new indices, total indices at 11

New Delhi, Feb 22 (IANS) National Stock Exchange (NSE) group company India Index Services & Products Ltd (IISL) on Monday announced the new Nifty broad market indices structure consisting of 11 indices, five of them…


Zica is now TIAGO: Tata Motors

Chennai, Feb 22 (IANS) Automobile maker Tata Motors Ltd on Monday said it has renamed its new hatchback Zica as TIAGO. In a statement, the company said the new name was crowdsourced and the winner…





Short-coverings, global cues swell equity markets

Mumbai, Feb 22 (IANS) Short-coverings, coupled with value-buying and positive global indices, supported the rise of the Indian equity markets on Monday. Consequently, the barometer 30-scrip sensitive index (Sensex) of the BSE closed the day’s…



OPEC daily basket price closes lower

Vienna, Feb 22 (IANS/WAM) The price of OPEC’s basket of thirteen crudes stood at $29.17 a barrel on Friday, compared with $29.96 on Thursday, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes…



Short-coverings, Asian cues swell markets

Mumbai, Feb 22 (IANS) Short-coverings, coupled with value-buying and positive global indices, supported the rise of the Indian equity markets on Monday. Consequently, the barometer 30-scrip sensitive index (Sensex) of the BSE provisionally closed the…




Short-coverings, Asian cues swell markets

Mumbai, Feb 22 (IANS) Short-coverings, coupled with value-buying and positive Asian indices, supported the rise of Indian equity markets during the mid-afternoon trade session on Monday. Consequently, the barometer 30-scrip sensitive index (Sensex) of the…


Chinese shares close higher

Beijing, Feb 22 (IANS) Chinese stocks soared high on Monday — with the benchmark Shanghai Composite Index up 2.35 percent — to close at 2,927.18 points. The smaller Shenzhen index closed 2.05 percent higher at…


Chinese shares surge

Beijing, Feb 22 (IANS) Chinese shares regained the 2,900-point mark on Monday, following the appointment of a new regulator head on Saturday. The benchmark Shanghai Composite Index surged 2.35 percent to close at 2,927.18 points…





Japan stocks close higher

Tokyo, Feb 22 (IANS) Japan stocks closed higher on Monday, reversing earlier losses as the yen’s retreat against the US dollar, coupled with a strong showing on Chinese bourses, lifted the market mood and spurred…


Tokyo stocks reverse losses

Tokyo, Feb 22 (IANS) Japan stocks reversed early losses on Monday morning as the yen’s retreat versus a basket of currencies prompted buying, particularly of export-linked stocks whose companies’ profit outlooks are enhanced by a…