The stock market

Benchmark indices of Indian equities markets struggled to add significant gains this week, even as conditions remained uncertain in economies and bourses around the world. The 30-share sensitive index (Sensex) ended 173.02 points or 1.03 percent higher at 17,021.85 points at its weekly close Friday, as opposed to the previous week's close at 16,848.83 points. The broader S&P; CNX Nifty of the National Stock Exchange (NSE) too moved up 1.07 percent or 53.5 points from its last weekly close to end at 5,052.45 points. Broader market indices added to their weekly tally as well, with the BSE midcap index ending 0.73 percent up and ... Read Full Story

Overstock.com Inc. said Friday that it received a listing rule violation letter Thursday from the Nasdaq Stock Market related to the recent filing of its third-quarter report. The online retailer said Nasdaq informed the company that its Form 10-Q violated Nasdaq rules because it was not reviewed in accordance with an auditing standard. Nasdaq also told the company its report did not have some certifications required by the Sarbanes-Oxley anti-fraud law. Overstock said it has until Jan. 18 to send Nasdaq its plan to regain compliance with the listing rules, and if Nasdaq accepts the plan the company will have until May 17 follow ... Read Full Story

India news Yum 7 hours ago ( http://us.rd.yahoo.com ) View profile Category : Business/Stocks Mumbai, Nov 21 : Continuing its northward march for the third consecutive week, Sensex of Bombay Stock Exchange (BSE) advanced by 173.02 points on sustained buying by FIIs to settle at 17,021.85 during the week. Tell a friend   Bury Read Full Story

A benchmark index of the Indian equities markets was trading on a volatile note a little after Friday noon and was down 0.61 percent from its previous closing figure. The mood remained sombre across other Asian markets as well with concerns over the short-to-medium term global economic outlook. Around 12.37 p.m., the sensitive index (Sensex) of the Bombay Stock Exchange (BSE) -- which opened the day at 16,772.75 points against Thursday's close at 16,785.65 points -- was ruling at 16,682.6 points, dipping 103.05 points or 0.61 percent. At the National Stock Exchange (NSE), the broader 50-share S&P; CNX Nifty was ruling at 4,946 points, ... Read Full Story

India news Yum 54 minutes ago ( http://us.rd.yahoo.com ) View profile Category : Business/Stocks MUMBAI: Tata Power Company Ltd informed BSE on Saturday that the company has completed the allotment of a $300-million Foreign Currency Convertible Bonds (FCCB) on November 20. Tell a friend   Bury Read Full Story