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Volatile market ends buoyant 2008-03-05 21:13:16 Led by buying in Satyam Computers and ITC, the Sensex recovered smartly in afternoon and ended firm at 16,542.
The market wiped out losses of over 87 points incurred in the first half after a strong...
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A new day for bullion metals 2008-03-05 20:57:56 Gold and silver prices rise sharply as crude prices soar by more than $5
Precious metal prices rose to all time highs, Wednesday, 5 March, 2008, after dollar fell to an all time low against the...
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Crude shoots up by more than $5 in one day 2008-03-05 20:57:07 Price settles above $104 as last week’s inventories drop unexpectedly
Crude
prices shot up by more than $5/barrel today after Energy Department reported an unexpected drop in crude inventories last...
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RIL, Tata Steel March 2008 futures at premium 2008-03-05 20:56:23 Turnover in F&O segment declines
Nifty March
2008 futures
were at 4915.10, at a discount of 6.30 points as compared to spot closing of 4921.40.
The NSE's futures & options (F&O) segment turnover...
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A late day recovery in US Market 2008-03-05 20:56:01 US Market
once again closed mixed but lower today, Tuesday, 04 March, 2008 but it was Nasdaq that posted gains today. Federal Reserve Chairman, Ben Bernanke’s comments about more home foreclosures in...
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Record date for Emco stock split is 25 March 2008 2008-03-05 20:55:27 Emco has fixed 25 March
2008 as the record date for the purpose of sub—division / stock split
of the equity shares of Rs 10 per share of the company into equity shares of Rs 2 each.
The company made...
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Nestle India: Margins healthy despite input pressures 2008-03-05 20:54:05 The NestleIndia
stock has displayed unusual strength in recent trading sessions, moving up by 6.8 per cent on Wednesday’s trade. The stock price reaction should be seen in light of a strong set of...
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, healthy
, despite
, input
Nestle India: Margins healthy despite input pressures 2008-03-05 20:54:04 The NestleIndia
stock has displayed unusual strength in recent trading sessions, moving up by 6.8 per cent on Wednesday’s trade. The stock price reaction should be seen in light of a strong set of...
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, healthy
, despite
, input
Brokerage stocks fall by 50% since January 2008-03-05 20:53:00 Share price of listed broking firms and financial services companies have suffered around 50 per cent erosion from their 52-week high touched at the beginning of 2008.
Last week’s Budget proposals...
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, January
REL board okays Rs 2,000-cr buyback at Rs 1,600/share 2008-03-05 20:52:12 The board of Reliance Energy Ltd on Wednesday approved a Rs 2,000-crore share buyback
, in a bid to shore up its market value. The company proposes to buy its own share at a maximum price of Rs 1,600...
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SEBI board to review primary market issuance process 2008-03-05 20:51:40 In a move aimed at reducing the gap between the opening date of an issue and the listing of shares, the Securities and Exchange Board of India on Wednesday decided to review
the entire gamut of...
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Banking, reality and power lead market slump 2008-03-03 13:52:29 Led by heavy selling in Bankex stocks, the Sensex witnessed another major slump and dropped nearly 901 points at close.
Continuing the bear trend the market witnessed another round of frenzied...
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, power
Murthy to join HSBC board, get Rs 50 lakh/yr 2008-03-03 12:40:36 Global banking giant HSBC today said N R Narayana Murthy
, chief mentor, Infosys Technologies, will join its board in May with an annual renumeration of 65,000 pounds (about Rs 52 lakh).
"Nagavara...
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The coming death of Indian outsourcing 2008-03-03 12:38:43 India is riding high on outsourcing.
Information technology and IT-enabled services will employ 4 million people in 2008 and account for 7% of gross domestic product and 33% of India's...
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Key Features of Budget 2008-2009 2008-03-03 12:25:55 Key Features of Budget 2008-2009
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Sensex posts second biggest single day fall 2008-03-03 12:25:16 The BSE Sensex tumbled 900.84 points or 5.12% to 16,677.88 registering its second biggest single
day point loss.
It was also Sensex’s second biggest single day fall in percentage terms.
BSE...
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Reliance Capital starts grassroots initiative 2008-03-03 12:24:46 Anil Ambani-led Reliance
Capital Ltd Monday joined hands with microfinance institutions (MFIs) in Maharashtra and Gujarat to deepen the penetration of microfinance at the grassroots level.
Anil...
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Budget 2008-09: Populist yet growth oriented 2008-03-01 08:09:49 Budget 2008-09: Populist yet growth oriented
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Taxpayers to gain up to Rs 44,000 a year 2008-03-01 08:07:40 The working class people will stand to benefit by up to Rs 44,000 a year in income tax following the changes proposed by the finance minister in the Union Budget for 2008-09, which also provides for...
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Chidambaram likely to present 'please-all' budget tomorrow 2008-02-28 12:00:36 On the heels of Railway Minister Lalu Prasad presenting a populist budget
, Finance Minister P Chidambaram too is expected to come out with a please-all budget tomorrow
.
Since this will be the last...
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Will the market move to Budget tunes? 2008-02-28 11:59:34 As the nation looks forward to tax benefits by the finance minister in United Progressive Alliance government's last budget, market pundits feel that the capital market will have little to cheer as...
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Good news for Indian cos on IT spend 2008-02-28 11:56:07 Early indications on IT spending by large global corporations suggest that growth in offshore/outsourcing budgets may be either flat or marginally up. For the Indian IT services industry, especially...
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Annual inflation seen at 4.79% on February 16 2008-02-28 11:53:16 Annual inflation rate is expected to jump to its highest in more than eight months in mid-February
, as higher oil and food prices take effect, a poll of 11 analysts showed on Thursday.
The wholesale...
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Will PC's words perk up market? 2008-02-28 11:52:43 The Sensex has fallen 436 points in February so far, down from 18,242 on the first trading session of the month to 17,805 on February 26. Investors are keeping their fingers crossed and are hoping...
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How to read an offer document 2008-03-09 08:53:11 Burnt your fingers in recent IPOs? While you cannot do much to change market sentiment, which is unpredictable, you can take greater care while investing in IPOs by reading the fine-print.
A big,...
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Index Outlook 2008-03-09 08:52:33 Sensex (15975.5)
It was a week of capitulation for our equity markets. The bulls threw down their arms as wave after wave of grim news-flow from overseas pounded the bourses. Sentiment collapsed and...
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, Outlook
India Cements: Hold 2008-03-09 08:51:44 Shareholders of India
Cements can hold on to their investments. At the current market price (Rs 201), the stock trades at about eight times its expected current year earnings. This valuation is at a...
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Sita Shree Food Products: Avoid 2008-03-09 08:49:12 Investors can refrain from subscribing to the initial public offer from Sita Shree
Food Products
.The risks associated with the company’s new business foray are high and may outweigh the return...
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JK Tyres: Buy 2008-03-09 08:48:38 Investors can consider buying the JK Tyres stock with a two-three year perspective. The company is the third largest manufacturer of tyres in India with a market share of 17 per cent. While the...
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