- BEST B-SCHOOLS
- INDIA'S BEST EMPLOYERS
- HOTTEST YOUNG EXECUTIVES
- TOP EMERGING COMPANIES
- BEST CFOs
- BEST BANKS
- COOLEST START-UPS
- BEST INNOVATIONS
- MOST POWERFUL BUSINESSWOMEN
- WOMEN'S ISSUE
- BEST SMEs
- LUXURY SPECIAL
- BEST CEOs
- ANNIVERSARY SPECIAL
- UNION BUDGET
- BUSINESS TODAY
- BT MORE
- MONEY TODAY
- GADGETS AND GIZMOS
MSCI's broadest index of Asia-Pacific shares outside Japan was up 1.3 per cent. They were poised to gain 0.2 per cent for the week after logging three-year lows as plunging Chinese shares had sent financial markets into a tailspin.
All sectoral indices are trading in green with BSE Power, Realty, Oil & Gas, IT, Bankex trading higher between 1.5-2 per cent.
Uncertainty over the Chinese markets, profit bookings and the upcoming derivatives expiry flared up volatility in the Indian equity markets.
The Dow Jones industrial average finished 3.95 per cent higher at 16,285.51. Its gain of 619.07 points was its biggest since 2008.
As many as 2,480 stocks closed in the red. 205 stocks hit their year-lows amid the sell-off. Rs 7 lakh crore was wiped off overall investor wealth.
News You Can Use
- File your income tax returns before August 31
- Now, 55,000 buyers can occupy their Noida flats soon
- Vistara enters fare war, offers free ticket with every purchase
- Bharti Airtel slashes broadband plan prices by 30%
- China devalues yuan: All you need to know
- Yamaha launches sports bike 'YZF-R3' at Rs 3.25 lakh