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Bombay Stock Exchange launches Islamic index The Bombay Stock Exchange (BSE) in the Indian city of Mumbai has launched a new index which consists of companies that meet the Islamic legal code. The Tasis Shariah 50 was formed using guidelines from an Indian Shariah advisory board. Studies...

No mate. Stocks are not my cup of tea. But it facinates me none the less as to how people make money out of nothing actually.

How much money have you invested there mate?

I think we can expect a good budget and i wont be surprised if the market registers a record single day gain. People are just waiting for any good news regarding the economy. The other day, economic survey hinted a 7-7.5% growth which is outstanding considering the time. So im optimistic.

Sensex crosses 12,000-mark MUMBAI: Indian markets were witnessing a sharp rally Monday mirroring gains in the Asian markets. Traders were catching up with global markets after a long weekend back home. Metals, realty and bankex led the gains while pharmaceuticals space was modestly higher...

NEW DELHI: It may sound utopian in the backdrop of months-long downslide on bourses, but a US-based equity research group sees India's benchmark index Sensex scaling a milestone of 1,00,000 points within next 15 years. This would mean an unimaginable rally of over 10-times from the level...