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Sensex ends 262 points higher during a volatile week

Sensex closed the week after registering a gain of 262 points amid fluctuations present during the period. The bourses witnessed the growth because of the strong quarterly results, continued buying action and strong worldwide signals.

AIG Gold Fund tops MF scheme last week

In the week ended November 6, AIG World Gold Fund tops the mutual fund (MF) scheme with a growth of 5.39 percent. The current net asset values (NAV) of the fund is Rs.11.54.

State Bank lowers deposit rates

The country's largest lender State Bank of India has lowered deposit rates by 25-50 basis points on amounts less than Rs.1 crore effective November 9.

Sensex up 94 points, mid-small sized scrips top gainers

Indian equities markets Friday benefited from a buying momentum, with representative indices for mid-to-small sized scrips performing better than a key benchmark index.

Reliance Industrial Infrastructure shares up 14 percent

The Reliance Industrial Infrastructure stock was on a roll, as its share price went up by over 14 percent.

Aegon Religare introduces iTerm Plan

Looking to attract the growing internet users in India, Aegon Life Insurance launched iTerm Plan, a new term plan that will be sold exclusively online.

Govt. plans to list all profitable PSUs

The government announced a divestment plan that seeks to list all profitable public sector undertakings (PSUs), a move that would see public offers by over 100 companies, including telecom behemoth Bharat Sanchar Nigam (BSNL).

Buy Tulip Telecom; target Rs. 1020: IIFL

With Tulip Telecom showcasing a strong operating performance last quarter, IIFL has recommended a buy rating on the stock with a target price of Rs. 1020.

Sensex rises 151 points to end above 16,000

Buoyed by the government's decision to offload at least 10 percent stake in all profit-making state-run firms, a key index of Indian equities markets Thursday climbed up in the last minutes of trading to shut shop above the 16,000-mark.

SEBI suspends 227 stockbrokers for six months

Securities and Exchanges Board of India (SEBI) Director M S Sahoo has suspended the certificate of registration of 227 Stock-Brokers of various stock exchanges for a period of six months.

Spice shares soar 18 percent

Spice Communication ended the trading as one of the top gainers with a gain of 18.17 percent (Rs.9.25).

Rise in calamities may force insurers to hike premiums

Faced with increasing losses due to calamities, domestic insurers are planning to reverse all the large discounts offered in the last two years and hike premiums.

Ban on 90-day NCDs may impact IPO subscriptions

Stock broking firms may find that it is less profitable to fund their clients wanting to subscribe to IPOs if the RBI goes ahead with its plan to ban non-convertible debentures of less than 90 days duration, feel brokers.

LIC Housing Finance shares rise 10 percent

The LIC Housing Finance was an active stock in the market, as it went up by almost 10 percent, on a day when Sensex closed with a gain of more than 500 points.

Sensex bounces back, closes 507 points in green

A key Indian equity index closed 507 points higher than the previous close as buying activity picked up, with realty, metals and IT scrips going up the most.

Bumpy road ahead for realty sector

The bear hug over the realty sector continued as the sector ended the trading last week as one of the top losers with a loss of 15.38 percent. In the week ended October 30, 2009, the realty sector traded in the range of 4502.63 and 3827.14 points.

Pay lower premium by buying a top up policy

A person can pay lower premium by buying two health insurance policies instead of one, for the same amount assured.

SBI to start wealth management business

State Bank of India (SBI) is set to venture into the wealth management business and financial planning services to cash in on its extensive branch network and large client base.

Sensex sheds 491 points on weak global cues

The Sensex suffered a massive sell off in late trade, plunging over 491 points amid weak global cues. Asian stock markets were mostly lower, while European markets had fallen over one percent or more in early trade.

Indiabulls shares fall 19 percent

Indiabulls Financial Services emerged as one of the top losers of the day with a loss of Rs. 31.45 (18.78 percent), and ended the trading at Rs.136.