Business

Big boys like Reliance Industries, ITC, ICICI Bank, Larsen and HDFC lend a hand to the Nifty to surge above 4900 mark.

Pure gold hardened by Rs 235 per 10 grams to close at Rs 28,105 as against Rs 27,870 previously.

The BSE benchmark Sensex closed down 328 points at 16,142 on Friday.

The 30-share BSE Sensex fell 371 points, to end at 16,469.79.

utput of the manufacturing sector grew by 10 pc in June, 2011, compared to 7.9 pc in the same month last year.

The debt crisis in the euro zone, which started in Greece, is spreading to Italy and Spain.

The Bank of America and the Citigroup continued their declines, with both stocks hitting a new 52-week low.

Seven other people including Satyam's former MD B Rama Raju and ex-CFO V Srinivas are also an accused.

The BSE rose by over 73 points with metal, oil and gas, capital goods and IT stocks attracting interest.

Microsoft was hit by waning growth in PC sales, partly due to the collapse of netbook sales in favor of tablets.

On a full year basis, net profit rose 15.72 per cent from Rs 1,488 crore.

The Tata group comprises of nearly 100 operating companies, but only about 30 are listed in the stock market.

RCom would be replaced by Sun Pharmaceuticals and RInfra would be substituted by Coal India.

The rate at which RBI lends to the banks has been raised to 7.5 per cent.

Shares of Maruti Suzuki India were trading 1.28 per cent down at Rs 1,195 apiece on Thursday.

SBI brought down its exposure to RIL within the limit on the last date of the previous fiscal.