Page 4418 - Markets News
Sandur Manganese rallies on resumption of mining operations
The stock has rallied 8% to Rs 558 after the company said it has resumed its mining operations from today.
Rhodia Specialty hits record high as promoter increases delisting offer price
Rhodia Specialty has extended yesterday's upper circuit gains of and surged more than 6% to hit a record high of Rs 849 after Solvay SA, one of the promoter of the company, increased the delisting off
Sensex breaches 20,700; ICICI Bank up 2%
Markets extend gains led by financials and IT majors along with index heavyweights ITC and Reliance Ind
 "Sensex breaches 20,700; ICICI Bank up 2%")
Tara Jewels up 5% for third day in a row on mutual fund buying
IDFC Mutual Fund bought 986,000 shares representing 4% stake in Tara Jewels at price of Rs 89 per share.
Shree Renuka dips after Wilmar agrees to buy stake
The stock has dipped 6% to Rs 21.20 on BSE with a combined 23.6 million shares changed hands on the counter till 0945 hours.
Banks, IT stocks propel markets; Nifty reclaims 6,100 level
Markets rebounded tracking their Asian peers and overnight gains on Wall Street.
 "Banks, IT stocks propel markets; Nifty reclaims 6,100 level")
Pre-market: Firm global cues to boost markets
Markets are likely to rebound today tracking their Asian peers and overnight gains on Wall Street.
 "Pre-market: Firm global cues to boost markets")
Chat major's Asian rivals drop after buyout
WeChat owner Tencent Holdings dips 3% in Hong Kong while Naver Corp slumps 8% in Seoul
Wealthy investors shy away from equity
NSEL scam and blocking of capital frighten even the rich; they now prefer fixed income products to PMS ones
 "Wealthy investors shy away from equity")
Govt mulls setting up 'social bourse'
To provide platform for non-profit entities raise capital in transparent manner
 "Govt mulls setting up 'social bourse'")
Long-term partnership with short-term capital infusion: Narendra Murkumbi
Interview with Managing Director, Shree Renuka Sugars
PwC forensic audit finds diverse violations by MCX
FMC seeks explanation; Sebi, MCA, FinMin also likely to get into action
 "PwC forensic audit finds diverse violations by MCX")
MF seed capital needs may rise to Rs 382 cr
Industry experts await clarity on how networth hit through MTM should be dealt with
 "MF seed capital needs may rise to Rs 382 cr")
Excise cut: Gains for M&M temporary
While demand could perk in near term, sustained revival is linked to improvement in economic growth
 "Excise cut: Gains for M&M temporary")
Today's picks
Nifty, Bank Nifty, DLF
NCDEX, IPGA ink pact to raise effectiveness of trade tools
The exchange, with this will take an initiative to promote the pulses production and trade in the country
 "NCDEX, IPGA ink pact to raise effectiveness of trade tools")
MCX CFO Hemant Vastani resigns
Resignation comes amid the continuing Rs 5,600 crore payment crisis at the FTIL-promoted NSEL
 "MCX CFO Hemant Vastani resigns")
Provisional: Market snaps 4-day winning streak
The 30-share BSE Sensex shed 173 points at 20,552 while the 50-unit NSE Nifty ended 61 points lower at 6,092
 "Provisional: Market snaps 4-day winning streak")
Tata Sponge hits new high on heavy volumes
Since January 17, the stock has rallied 45% after reporting a strong operational performance in Q3FY14.