NATIONAL Sensex hits triple century, recovers by 344 points A rush of buying prompted by recovery in global metal prices and Asian markets catapulted the Bombay Stock Exchange benchmark index to 12,217.81, up
344.08 points the biggest single-day rise in two years.
Rupee stages pull back rally against US dollar The Rupee today (May 17, 2006) staged a pull back rally against the US currency on steady trade and FIIs inflows amid renewed dollar weakness with sentiments getting a further boost due to a smart rebound in the equity market.
FDI inflows to touch $10 billion this fiscal: Nath The Government yesterday (May 16, 2006) said Foreign Direct Investment (FDI) inflows during in the current fiscal is expected to touch the 10 billion dollar mark annually.
Sensex up 225 pts on funds buying in early trade The benchmark Sensex rose by a whopping 225 points to cross the 12,000 mark again in early trading on the Bombay Stock Exchange today (May 17, 2006) on the back of increased buying by funds.
INTERNATIONAL Oil prices inches towards $70 a barrel in Asia Oil prices inched towards 70 dollars a barrel in Asian trade today (May 17,2006), supported by continuing concerns over the geopolitical situation in major crude producers Iran and Nigeria, dealers said.