Page 4430 - Markets News
Market snaps 3-day winning streak; Sensex down 250 pts
Weakness in Asia and Europe dragged domestic benchmark share indices with banking and financial stocks leading the decline
 "Market snaps 3-day winning streak; Sensex down 250 pts")
Insights On Vix From Bank of America Merrill Lynch
Volatility derivatives to trade from Feb 26
 "Insights On Vix From Bank of America Merrill Lynch")
Provisional: Market snaps 3-day winning streak; Nifty below 6k
The 30-share Sensex was off 273 points at 20,176 and the 50-unit Nifty was down 89 points at 5995
 "Provisional: Market snaps 3-day winning streak; Nifty below 6k")
Hindalco dips post Q3 results
The stock has dipped 3.6% to Rs 99.75 on reporting 23% yoy fall in standalone net profit at Rs 334 crore for Q3FY14.
Weak global cues drag Sensex by nearly 200 pts
Weakness in Asia and Europe dragged domestic benchmark share indices to their day's lows
 "Weak global cues drag Sensex by nearly 200 pts")
Eros International rises on strong Q3 performance
The stock has rallied 6% to Rs 166 on reporting 42% yoy growth in consolidated net profit at Rs 92 crore for Q3FY14.
'Further downside expected if Nifty edges below 6K'
Avoid long positions at current levels and keep tight stop losses if done so, says Mohit Gaba -Technical analyst.
Nifty nears 6,030; Cipla down 6.5%
Meanwhile, auto and realty scrips buck trend;Mahindra & Mahindra, Tata Motors up 1%
Web special: Nifty has strong support between 6030-6050 zone.
Check out the technical trends in select stocks with Ravi Nathani, Technical Analyst, nsetoday.com
MSCI removes Lupin, Power Grid, Zee Ent
Deletion is part of quarterly index review; shares of all three firms trade lower on news
 "MSCI removes Lupin, Power Grid, Zee Ent")
Economy is stuck in the slow-growth lane: Prabhat Awasthi
Q&A with MD, Nomura Financial Advisory
 "Economy is stuck in the slow-growth lane: Prabhat Awasthi")
CIL shares down 2.5% on disappointing earnings
On the NSE, the scrip lost 2.44% to Rs 263.30
 "CIL shares down 2.5% on disappointing earnings")
CARE surges on IDBI Bank and others stake sale plan
IDBI Bank and four other shareholders which together hold a little over 45% shares are in the process of indentifying a buyer to exit from the company.
GE Shipping shares surge 6.6% on RBI move
The company's scrip gained 4.99% to Rs 298.45 on the BSE
Lovable Lingerie hits 52-week high on heavy volumes
The stock has rallied 11% to Rs 359, with around 10% of total equity of the company changed hands on the BSE and NSE.
Financials drag; ONGC down, Sun Pharma up 1% ahead of Q3 nos
ONGC is down 1.6% at Rs 277.95 ahead of its Q3 earnings results while Sun Pharma is up 1.06% at Rs 617.50
 "Financials drag; ONGC down, Sun Pharma up 1% ahead of Q3 nos")
Sugar shares in demand
The government approved a subsidy of Rs 3,333 per tonne for exports of raw sugar.
Tata Motors gains on strong JLR volume growth in January
Since February, the stock has rallied 13.6% as compared to 0.73% rise in S&P BSE Sensex.
Rail stocks extend fall on disappointing Railway Budget
Titagarh Wagons, Texmaco Rail, Kalindee Rail, Kernex Microsystems and Hind Rectifiers are down 5-7% on BSE.
 "Rail stocks extend fall on disappointing Railway Budget")
Markets extend losses on weak Asian cues; Nifty around 6,050
Drug major Cipla down by almost 6% due to dismal third quarter earnings performance
 "Markets extend losses on weak Asian cues; Nifty around 6,050")