ICICI

Bombay Stock Exchange's benchmark Sensex fell Tuesday by more than 145 points, or 1 percent, as the rupee tumbled to a record low of 55.39 against the dollar.

The Indian rupee Monday touched a record low of 55 against the dollar because of the strong demand for dollar from importers, weak global cues and delay over policy reforms from the government.

Officials of India's drug regulator have been colluding with pharmaceutical firms to speed up approval procedures, allowing some drugs that are not permitted in other countries to go on sale, according to an 18-month investigation by lawmakers.

Bombay Stock Exchange (BSE) sensex closed at a four month low by shedding nearly 67 points on Wednesday as weak global trends triggered heavy fund outflows.The BSE bench mark 30 share index lost 66.60 points to reach 16,479.59, dragged down by sharp declines in Reliance industry and banking stocks. Reliance Industries dropped for the sixth day by losing 1.91 per cent to Rs 695.10 after it cut the estimates for actual natural gas reserves available in its Indian blocks.

Indian stock markets gained Friday as shares of ICICI Bank and Axis Bank rallied ahead on expectations of good quarter four earnings.

Indian stock markets surged Friday as sentiment was buoyed by the positive news of Greek PSI debt swap.

The BSE Sensex fell for a second consecutive day on Thursday as investors took profits on expiry of monthly derivatives amid concerns about high oil prices.

The top aftermarket NYSE gainers Tuesday were: Office Depot, Herbalife, Mosaic, Qihoo 360 Technology, Cabot Oil & Gas Corp, Kraton Performance Polymers, La-Z-Boy, Beazer Homes USA, Beazer Homes USA, Ship Finance International and ICICI Bank Ltd.

The State Bank of India (SBI), the country's biggest lender, reported an unexpected rise in bad loans for the third quarter, taking the shine off healthy growth in loan demand and interest income that helped it post a 15 percent rise in net profit.

The BSE Sensex edged 0.14 percent higher after a choppy trading session on Monday, as hopes of stability in Greece improved global risk appetite and offset weak corporate earnings at home. Hopes of Greek austerity deal boosted the market.

The BSE Sensex closed down 0.46 percent on Friday, reversing early gains, after data showed the country's industrial output in December slowed sharply and Morgan Stanley cut its allocation for emerging market stocks.

The BSE Sensex ended 0.5 percent higher on Wednesday, helped by a rally in software stocks including Tata Consultancy Services (TCS.NS) and Infosys Technologies (INFY.NS) and gains in index heavyweight Reliance Industries.

Indian stock markets opened on a positive note and continued to trade in the green on Wednesday supported by a bit of positive Asian cues, in spite of the uncertainty surrounding the Greek debt deal.

The BSE Sensex climbed 0.7 percent on Wednesday, led by energy conglomerate Reliance Industries and software services exporters Infosys and Tata Consultancy Services.

The BSE Sensex rose for the fifth straight session on Monday, ending 0.58 percent higher, after last week's robust U.S. jobs data helped improve risk appetite, but the rally in the local market is expected to take a breather soon.

The rupee hit a three-month high on Thursday, encouraged by gains in domestic equities, and after manufacturing data in China and Germany boosted investor appetite in high-yielding emerging market assets.

The BSE Sensex rebounded in late trade on Wednesday to post its highest close in 12 weeks, as metal producers and auto makers jumped, although investors were doubtful the rally could be sustained after a rise of nearly 12 percent so far this year.

The BSE Sensex posted its best January rise since 1994, after gaining about 2 percent on Tuesday, as foreign fund inflows showed signs of a revival and investors bet on a monetary easing.

The BSE Sensex rose more than 1 percent on Tuesday morning, led by gains in index heavyweights Reliance Industries (RELI.NS) and ICICI Bank (ICBK.NS), and were poised for their best month in at least ten.

The BSE Sensex snapped a six-session rally early on Monday as some investors booked profits after the main index rose more than 11 percent this month.

The BSE Sensex rose for a third straight session, inching up 0.08 percent on Monday, helped by financials while a decline in Reliance Industries (RELI.NS), which reported its first quarterly profit fall in two years, capped the index gains.