Page 2924 - Markets News

Major crackdown on shell firms? BSE to delist 222 companies from Wednesday

Promoters of these delisted companies will be required to purchase the shares from the public shareholders

Kiri Industries zooms 20% post favorable Singapore Court verdict

The stock is up 20% at Rs 576 after the Singapore court dismissed all the claims and counterclaims against promoters Pravin Kiri, Manish Kiri and others.

ICICI Securities, ICICI Pru Life hit lowest level since listing

ICICI Securities (Rs 316) and ICICI Pru Life (Rs 361) were down 3% each in intra-day trade on the BSE.

Sebi directs ICICI Prudential MF to refund Rs 2.4 billion to five schemes

Regulator finds fund house violated MF code of conduct

Buy SBI for a target of Rs 282, stop loss of 250: Prabhudas Lilladher

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher

Technical calls from Anand Rathi: Buy Exide Industries, Hindustan Zinc

Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Research

Rising cotton yarn price hit garment export, falling rupee offers no relief

Prices up by 8% in June and another hike is in the offing

HDFC Bank: Fund raising to drive loans, digitisation to be cost-efficient

The bank's focus on these areas is apparent from the fact that over 50% of its banking outlets are in rural and semi-urban areas

Voltas stock: Sentiment weak on concerns over volumes, margins

Though analysts say May has been better and June has seen some improvement, there are other pressure points

Derivatives strategies: Indicators point to some more downside in Nifty

The Nifty tested resistance at 10,900 unsuccessfully on June 13, topping out at 10,893. It has since fallen, to a low of 10,557 last week

Aviation firms stare at quarterly loss with rupee slide, higher fuel cost

A depreciating rupee has compounded the problems for companies grappling with high fuel prices in seasonally weak period

Market correction isn't due to Sebi's new rules: CEO, Edelweiss AMC

The regulatory changes are not as disruptive as how people are making them to be, Gupta said

NSE inks pact with Nasdaq for offering real-time clearing, settlements

The changes are aimed to raise efficiency and reduce post-trade risks

Today's picks: From HPCL to Infosys, hot stocks to watch today

Nifty, Bank Nifty. Hero MotoCorp, HPCL, Infosys

Sebi likely to revisit proposals on investment advisor regulations

Inflows through banks to get impacted

Rupee plunges 34 paise to end at five-year low of 68.80 against the dollar

India is facing severe macro challenges and goldilocks economic conditions are now changing fast against the grim backdrop of bubbling global crude prices

BGR Energy turns ex-dividend, stock down 4%

The board has recommended a dividend of Rs 7 per equity share of Rs 10 each for the financial year 2011-12.

Fine Organic ends at Rs 824 on NSE after listing with 4% premium at Rs 815

The scrip hit a high and low of Rs 833 and Rs 786 respectively in intra-day deals.

RITES closes at Rs 211 levels on the NSE after listing at Rs 190

It had hit a high and low of Rs 205.75 and Rs 190 respectively, till now

MARKET WRAP: Sensex ends 159 pts down, Nifty at 10,657; metals, realty slip

Among sectoral indices, the Nifty Metal index ended 1.8 per cent lower led by a fall in the shares of Jindal Steel & Power and National Aluminium Company.