Market Pulse
Sensex losers, gainers this week
It was a tough week for Indian shares as the BSE Sensex fell nearly 3 percent and the Nifty lost 3.3 percent as U.S. Fed chief Bernanke’s suggestion that stimulus measures may be scaled back at one of their next few meetings dented sentiment. Here's a look at the top Sensex losers and gainers. Full Article
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Revenge of Markets
For months, markets have been dancing to central bankers' tune, but that may now be changing, writes James Saft. Full Article
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India allows LIC to hold up to 30 pct in companies
MUMBAI |
MUMBAI Nov 21 (Reuters) - The Indian government has allowed state-run Life Insurance Corp to hold up to 30 percent in companies from 10 percent currently, banking secretary D.K. Mittal said on Wednesday.
The benchmark BSE index rose 0.72 percent, or 131.06 points, to end at 18,460.38.
The broader NSE index rose 0.78 percent, or 43.25 points, to end at 5614.80, closing above the psychologically important 5,600 level. (Reporting by Arup Roychoudhury in New Delhi; Editing by Anupama Dwivedi)
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