Tag Archives: Shares

Sensex Rallies 464 Points on Buying in Banking Shares

The stock markets rallied for the second straight day on Wednesday on the back of buying in banking shares. The Sensex surged 464 points to close at 24,243 and Nifty rose 147 points to close at 7,369. Banking shares came in high demand after the Reserve Bank of India said it would ease capital requirement rules. Investors also drew comfort ... Read More »

Wall Street Snaps Up Shares in Late-Day Scramble

Wall Street moved higher on Thursday, adding momentum to a recent recovery as the energy and financial sectors emerged into positive territory for the year. The S&P 500’s increase was the most recent in four weeks of mostly steady gains that have left the index down 2.5 percent in 2016 after the worst January since 2009. It was the second ... Read More »

HMT Shares Soar 20% on Revival Plan Of Subsidiary

Shares of HMT rose sharply by 20 per cent on Friday as the government is eyeing revival of HMT Machine Tools. The stock advanced by 18.61 per cent to Rs. 49.70 on BSE. On NSE, shares of the company jumped 19.92 per cent to Rs. 49.95. “Having closed down three of its subsidiaries, we are now looking to revive HMT ... Read More »