Posts Tagged ‘market commentary’
Gammon Infrastructure Projects Ltd has an orderbook of 90 billion rupees and will be executing at least 1.5 bln rupees worth of projects every month for the next three years, a top official said on Wednesday.
A telecom network management joint venture between Alcatel-Lucent and India's Reliance Communications has more than $750 million worth contracts to be executed over five years, the companies said on Wednesday.
Adlabs Films Ltd hopes to see a turnaround in earnings in FY10 as movie releases line up, but the first quarter will continue to be under pressure due to the two-month-long deadlock between producers and distributors, a senior official said.
New Delhi, July 1 (IANS) The government Wednesday approved 21 foreign investment proposals amounting to Rs.84.9 crore ($17.78 million).
Mumbai, July 1 (IANS) A majority of IT companies in the country has urged the government to create better infrastructure to spur domestic demand and provide incentives to the slowdown-hit IT exports sector, a survey released Wednesday said.
Asia-focused Standard Chartered is in talks to purchase banking assets in China and India owned by the Royal Bank of Scotland (RBS), a source with direct knowledge of the matter said on Wednesday.
The meteoric rise of China's Huawei to challenge the world's top telecom gear makers has been mainly in secondary markets, but a serious push into larger, more profitable, developed markets may hinge on an image makeover.
Reliance Industries Ltd has started its second crude unit at its 580,000 barrels a day new refinery in Gujarat this week ahead of planned maintenance shutdown at its old plant, trade sources said on Wednesday.
ABB Ltd said on Wednesday it won an order worth 1.65 billion rupees from a power utility based in Uttarakhand.
TVS Motor Co Ltd, India's third largest two-wheeler maker, said on Wednesday vehicle sales in June rose 5.83 percent to 115,448 units from 109,082 units a year ago.
Sensex pares early gainsHinduEarlier, the Sensex opened up and went up by 170 points as investors interest recovered after a 2 per cent fall in the previous session. ...and more »
Markets open marginally higher; Sensex up 20 points
Equity diversified NAVs tumbled sharply with advance;decline ratio of 5:225, as the benchmark indices retreated on the back of huge selling in rate sensitives, infrastructure, cement, metal and pharma shares.
Indian ExpressSensex tumbles 292 pointsHinduMUMBAI: The Bombay Stock Exchange sensitive index, Sensex, plunged by 292 points to 14493.84 on Tuesday on across-the-board selling, sparked by slowdown in ...Sensex slips after opening higherHinduSensex holds on to gains, 140 points up in afternoonHinduSensex falls 220 points at midsessionHinduHinduall [...]
Sensex tumbles by 292 points on across-the-board sell-off Hindu Mumbai (PTI): The Bombay Stock Exchange 30-share bellwether index on Tuesday plunged by 292 points on across-the-board selling, sparked by slowdown in ... and more »
Tata Dividend Yield Fund has declared a dividend of 15%, for which the record date is July 3, 2009.
Sensex closes in red; down by 250 points
CNBCTV18 learns that USAbased TRowe Price has put in the highest bid for UTI Asset Management\'s 26% stake.
Sensex falls 220 points at midsessionHinduMumbai (PTI): The Bombay Stock Exchange index Sensex fell by over 220 points at midsession today on profit selling by funds at existing higher levels. ...and more »
SINDH TODAY Nifty near day's low; Suzlon, Tata Motors, DLF drag Economic Times MUMBAI: Indian markets continued slip further in the red as cautious traders booked profits across the board ahead of the Union budget. Fears of below rainfall also weighed sentiments. The Economic Survey will be presented in parliament on Thursday ... Sensex [...]
Indian ExpressSensex slips after opening higherHinduWithin 15 minutes of the opening bell, the benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened higher at 14830.97 points, ...Sensex holds on to gains, 140 points up in afternoonHinduSensex falls 220 points at midsessionHinduSensex pares early gains, down 96 pointsHinduall [...]
Markets open positive; Sensex 116 points up
The initial public offer of Mahindra Holidays has been priced at Rs 300 per share. Arun Nanda, Chairman, Mahindra Holidays Resorts, said the IPO has been priced lower as a gesture to retail investors. He said the company will be listed in the next 21 days.
Equity diversified NAVs ended higher with advance:decline ratio of 230:8. The markets closed with marginal gains. Shares of oil gas, metal, real estate, banking (barring ICICI Bank) and select infrastructure companies helped the benchmark indices.
HinduLate selling trims gainsHinduMUMBAI: Markets on Monday managed to close in the positive terrain after a hectic late hour selling pulled down the Bombay Stock Exchange benchmark Sensex ...and more »