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ALEX MATHEWS
Railway Budget 2014: Rail stocks like Texmaco, Kalindee, Titagarh derail in absence of big-bang announcementsInvestors and traders quickly booked profits in such stocks, as the budget fell short of their expectations.
- Bharti Airtel stock surges over 4%
Shares of Bharti Airtel today rose by over 4 per cent as it hiked rates for pre-paid services and reduced free minutes usage barely a month...
- ITC shares drop nearly 4 per cent as FTSE lowers weight
Shares of FMCG major ITC on Thursday slumped nearly 4 per cent after its weight was reduced in FTSE global equity index series.
- Five cos filed draft prospectus with Sebi for IPO in Apr-May
Five companies, including state- run Rashtriya Ispat Nigam, have filed initial papers for listing in the first two months of this fiscal.
- Re has support at 50.56: Alex Mathew
First major resistance for the rupee is at 49.03 per dollar and the major support is at 50.56 per dollar. The 200-day moving major is at 47...
- Foreign funds infuse Rs 2,500 cr in India this month
Continuing with buying spree, foreign funds have infused nearly Rs 2,500 crore in the Indian securities market so far this month.
- Insecticides India shares touch record high of Rs 375.85
Shares of pesticide maker Insecticides India today touched the all-time high of Rs 375.85 before closing over 1 per cent higher on BSE on p...
- Nifty may test 5630 level in short term
On Friday, Nifty put call ratio stood at 1.02, which has increased towards 1.14, showing a moderately firm outlook for the market.
- Falling crude oil prices likely to trigger relief rally on D-St
After a fall for three successive weeks, the stock market is likely to witness a relief rally in the coming week on the back of normalcy in...
- Profit-booking pulls down RIL by 2.54 pc on BSE
Massive sell-off by jittery investors led the country's most valued firm Reliance Industries (RIL) to tumble by 2.54 per cent on BSE today.
- Hero Honda tanks 7% on royalty payment hike report
Hero Honda plummeted over 7% on the BSE today, on reports that the company will increase royalty payments to its Japanese partner Honda.
- Lower output may not hit sugar prices
Despite an estimated fall in sugar production in the year to September 2009, carry-forward stocks and demand elasticity would ensure availa...
- Festive season sweetens sugar stocks
Shares of sugar manufacturing companies outperformed the benchmarks in Wednesday’s trade, on expectations that the festive season will incr...
- Analysts bullish on Tata Power on SC ruling
Analysts have a positive view on the long term prospects of Tata Power, with the Supreme Court verdict going in favour of the company.
- ICICI Prudential Life signs MoU with South Indian Bank
ICICI Prudential Life Insurance on Tuesday entered into a strategic partnership with Thrissur based South Indian Bank (SIB).
- UTI MF ties-up with South Indian Bank
Country's largest mutual fund, UTI Mutual Fund said on Thursday that it has signed a strategic tie-up with Kerala-based South Indian Bank L...
- RBI policy to set market direction
Weakness in global markets coupled with domestic rate hike fears are expected to keep investors to the sidelines this week.