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Nifty firm above 2800;Unitech, Dr Reddys lead
MUMBAI: Equities continued to remain in positive terrain Monday as buying was seen across the board. Realty and metal stocks were in demand while auto stocks continued to languish.“Trend deciding level for the day is 9047 / 2741 (Sensex/Nifty). If ...
Construction cos strip assets to raise funds
MUMBAI: Construction firms, eager to raise capital but gripped by soaring interest rates, costly raw material and lower stock valuations, are seeking to sell stakes in infrastructure projects they hold in their books. Many construction firms, working...
Ambit Corporate Finance appoints new MD
MUMBAI: Financial services firm Ambit Holdings today announced the appointment of Nikhil Puri as Managing Director Ambit Corporate Finance. Puri, who was earlier the MD of Global Industries Group, joins Ambit with an experience of 18-years and adds h...
Corporate salaries unaffected by economic slowdown
BANGALORE: Leading corporates in India have registered an increase in average salary despite this year's economic slowdown, a study said. The year 2008 has seen a strong average salary increase of 14.8 per cent, according to Hewitt Associates study c...
Reliance Industries slips
Reliance Industries fell 0.99% to Rs 2,222 at 10:39 IST on BSE despite reports the company is in talks with Brazilian energy giant Petrobras to set up two petrochemical joint ventures for total investment of around Rs 25800 crore.Meanwhile, the BSE S...
K S Oils gains in value and volume
K S Oils soared 3.27% to Rs 71 at 11:22 IST on BSE extending gains for the fourth trading session on continued buying interest.Meanwhile, the BSE was down 245.76 points, or 1.66%, at 14434.97.On BSE, 25.46 shares were traded in the counter. The scrip...
Select F&O entrants see surge in volumes
Five stocks in which trading in the futures & options segment of the National Stock Exchange started today, 21 August 2008, saw a surge in volumesNoteable stocks in which volumes were high were Dish TV (47.41 lakh shares), KS Oils (25.67 lakh sha...
Mahindra Financial Services to hike lending rates by 0.5 pc
NEW DELHI: Mahindra & Mahindra group's non- banking finance firm is planning to increase lending rates by 0.50 per cent within next one month following RBI's tight monetary policies that has made home and auto loans expensive."Though we have not ...
Crude continues to slip
Prices register more than 1% drop for the weekCrude oil prices fell on Friday, 15 August, 2008 at Nymex after dollar continued to remain strong. A report regarding overall US demand getting hurt due to higher prices also was reflected in the falling ...
Refinery stocks glitter on falling crude
Crude oil fell for a straight third day on signs that a US economic slump will extend into 2009, paring fuel demand in the world's biggest oil consumer. Meanwhile, China, the second-largest oil consumer, said its imports fell in July 2008.Crude oil f...
Sensex gains 383 pts, but market still edgy
Just as it appeared that bulls were scrambling to retain their hold on markets, the fall in oil prices on Tuesday came to their rescue, giving them the impetus to gain the lost ground. Equity benchmarks on Tuesday gained roughly 2.5%, but analysts fe...
Stock markets volatile after January, says RBI
MUMBAI: The domestic stock markets witnessed severe bouts of volatility after January this year due to heightened concerns over the severity of sub-prime lending crisis in the US and its spillover to other market segments and in other countries, the...
Rpower up 43% from recent low
Reliance Power rose 7.22% to Rs 183.30 at 10:38 IST on BSE on reports it is set to enter the power equipment manufacturing sector in collaboration with the $7-billion global major Shanghai Electric.Meanwhile, the BSE Sensex was up 52.89 points, or 0....
Sensex, Nifty in positive terrain @ 13:42 hrs
With the mood remaining quite upbeat, the market remains high up in the positive territory this afternoon. Reflecting strong gains posted by blue chip stocks, the Sensex is up with a huge gain of 390.86 points or 3.11% at 12,966.66 at present. The Na...
