 All Market News |
|
Wkly Tech Analysis: Nifty may move in 4,640-4,900 band |
|
In a week marked by high volatility, markets corrected sharply only to bounce back with greater strength. Last week, it was mentioned that the markets might stage a July-like recovery amid high volatility. Although, markets have bounced back sharply, chances of a full recovery look remote currently. Going forward, one needs to watch the 15,530-15,640 zone for the Sensex as crucial for the current upmove to remain intact. |
|
|
Wkly Tech Analysis: Nifty may move in 4,640-4,900 band |
|
In a week marked by high volatility, markets corrected sharply only to bounce back with greater strength. Last week, it was mentioned that the markets might stage a July-like recovery amid high volatility. Although, markets have bounced back sharply, chances of a full recovery look remote currently. Going forward, one needs to watch the 15,530-15,640 zone for the Sensex as crucial for the current upmove to remain intact. |
|
|
Weekly market update: Volatility reigns supreme |
|
The past 4 days have been a roller-coaster ride for the markets. |
|
|
FIIs net buyers Rs 1,471cr in F&O on Friday |
|
The Foreign Institutional Investors (FIIs) were net buyers of Rs 1,471.56 crore in futures and options segments on Friday. |
|
|
US markets end positive despite disappointing job data |
|
US stocks added 3% for the week after ending Friday's session slightly higher, shrugging off government data showing the unemployment rate hit 10.2% - the highest in 26-1/2 years. |
|
|
FII-TO-FII TRADES: PNB traded at 6% premium |
|
Trades between FIIs generated a volume of Rs 129 crore on the BSE Friday-an increase of 45.85% from Rs 88 crore clocked on Thursday. As many as seven stocks witnessed trades of 30 lakh shares on Friday. |
|
|
NTC to set up three new mills for integrated ops |
|
National Textiles Corporation (NTC), which swung back into profit after a long hiatus, will set up three mills that will help it diversify into areas like weaving and garment making. |
|
|
Reddif.com Q2 net loss widens to $2.61 mn |
|
Internet firm Reddif.com today said its net loss has widened to $2.61 million in the second quarter of 2009, while its revenues declined by 43 per cent. |
|
|
HC declines relief to Asahi Glass against MRTPC probe |
|
The Delhi High Court today dismissed a petition by Asahi Glass and other manufacturers seeking relief against an enquiry initiated by the anti-cartel watchdog MRTPC. |
|
|
EXL Q3 net profit at $4 mn; reaffirms outlook |
|
BPO services firm ExlService Holdings today reported an upswing in net profit at about $4 million for the quarter ended September 30, and improved its revenue guidance for this calendar year. |
|
|
Ford launches special edition of Fiesta |
|
US car maker Ford today launched a special edition of its mid-sized sedan Fiesta in the country, priced at Rs 6.44 lakh (ex-showroom, New Delhi). |
|
|
BSNL may talk directly to Zain for stake buy |
|
State-run Bharat Sanchar Nigam (BSNL) today said it may directly talk to Zain Telecom to acquire a controlling stake after the exclusive talks period between the consortium Vavasi and the Kuwaiti firm ends. |
|
|
FIIs net buy Rs 587cr, DIIs net buy Rs 236cr |
|
Foreign institutional investors (FIIs) were net buyers of Rs 587.02 crore (provisional) today, according to data released by BSE. |
|
|
Sun Pharma unit gets USFDA nod for anti-allergic drug |
|
Drug firm Sun Pharma today said it has received the US regulator's approval for the generic version of Acular, used to treat pain and swelling after eye surgeries. |
|
|
GM moving on India roadmap with Chinese partners |
|
General Motors, which has been in talks with its Chinese partners SAIC and Wuling for bringing their products to India, is likely to finalise plans on the type of vehicles and manufacturing road map soon. |
|
|
Pharma ind seeks govt assistance on takeover concerns |
|
Concerned over the recent takeover of some firms by Multi National Companies (MNCs), the domestic pharmaceutical industry has asked the government to protect and promote it by making available funds for research and development. |
|
|
BEML bags Rs 185 cr order from NCL |
|
BEML, a public sector Mini-Ratna company under the Ministry of Defence, has bagged a Rs 185 crore order for supply of largest Walking Dragline from Northern Coalfields (NCL). The order includes consumable spares for three years. The bucket capacity of the Dragline will be 33 Cubic Metre and this will be the biggest Dragline to be manufactured for the first time in the country. The equipment will be manufactured at BEML facility at Kolar Gold Fields. |
|
|
Tata Power to raise $250 mn via FCCBs |
|
Tata Power today said it plans to raise $250 million (Rs 1,170 crore) by issuing foreign currency convertible bonds (FCCBs). |
|
|
Biocon's independent director sells shares worth Rs 4.23 cr |
|
Bangalore-based biotech firm Biocon's independent director, Neville C Bain has sold shares of the company aggregating to Rs 4.23 crore, through open market transactions. |
|
|
BSNL introduces per-second billing plan |
|
State-run Bharat Sanchar Nigam Ltd (BSNL) today announced the launch of per-second billing plan, joining a host of mobile phone operators who have already introduced such tariff scheme. |
