MUMBAI: Benchmarks slipped below psychological support levels as profit booking intensified in technology, banks and metals stocks as inflation data dampened sentiments.

India's food price index rose 16.91 per cent, driven mainly by high vegetable prices, and the fuel price index climbed 11.53 pe..

The BSE benchmark Sensex continued its rally from yesterday and opened 79.31 points high in the opening trade on good quarterly reports from the country's largest software firm Tata Consultancy Services. The 30-share index today rose by 0.39 per cent to 20,339.89 points on the back of rally in IT,
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BANGALORE: Indian software companies such as Infosys Technologies and Wipro are entering the unfamiliar area of vendor financing, at the urging of cash-strapped US customers, by using reserves accumulated over years to invest in so-called software platforms that run activities like payroll processin..

MUMBAI: Benchmarks slipped back in the positive terrain as buying activity picked up in IT capital goods space. Market is likely to take cues from European peers for further direction.

At 12:30 pm, Bombay Stock Exchange’s Sensex was at 18162.99, up 48.16 points or 0.27 per cent. The index touched..

Shares in Infosys Technologies rose 1.8 per cent to a record high of 2,876 rupees on Friday morning, ahead of its quarterly earnings on July 13. "We expect robust results from Tier 1 IT vendors to demonstrate the underlying demand strength," Macquarie said in a note. It expects Infosys to raise fisc..