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  • Motherson Sumi Shares Fall; BofA Downgrades to 'Neutral'

    Motherson Sumi Shares Fall; BofA Downgrades to 'Neutral'

    BofA says it downgraded the stock following a 37 per cent rise in the stock price since April 2014, and a 150 per cent gain year-on-year.

  • Nifty May Go Beyond 8,000 levels: Motilal Oswal

    Nifty May Go Beyond 8,000 levels: Motilal Oswal

    From the possibility of a drought-like situation, the monsoon deficit has narrowed to around 30 per cent of normal, while blue-chip companies that have reported earnings so far this season have all posted strong numbers.

  • SKS Microfinance Surge 8% on Strong Q1

    SKS Microfinance Surge 8% on Strong Q1

    As per Bombay Stock Exchange record FII (Foreign Institutional Investors) holding in the stock have increased to a record 44.61 per cent as of June 30.

  • Smaller Cities Trump Metros in Property Price Rise

    Smaller Cities Trump Metros in Property Price Rise

    The housing price index shows that in Delhi NCR region prices fell 1.5 per cent in January-March 2014 compared to last year. In Bangalore, prices also showed a decline of 1.8 per cent. In Mumbai and Kolkata housing prices were up 3 per cent and 4.5 per cent. Chennai however saw a double-digit gain of 12.5 per cent.

  • Sensex, Nifty Fall After Hitting Record Highs

    Sensex, Nifty Fall After Hitting Record Highs

    BSE Sensex and Nifty were flat today after edging to fresh record highs today. The Sensex and Nifty clocked new life highs of 26,300.17 and 7,840.95 today.

  • Rupee Weakens As Domestic Shares Struggle

    Rupee Weakens As Domestic Shares Struggle

    The rupee was trading at 60.14/15, slightly lower versus its previous close of 60.12/13. The unit hit 60.98 during trade on Thursday, its strongest since July 14.

  • Why TVS Motor Fell 12% in Two Days

    Why TVS Motor Fell 12% in Two Days

    TVS Motor shares had run up massively in past three months on expectation of much better results. Prior to announcement of results its shares have gained over 80 per cent in last three month compared to nearly 15 per cent gain in Nifty.

  • Wipro Sinks 8% as Q1 Growth Lags Infosys, TCS

    Wipro Sinks 8% as Q1 Growth Lags Infosys, TCS

    Traders, however, pointed that Wipro's revenues growth paled in comparision to Infosys' 2 per cent sequential dollar revenue growth and TCS' stupendous 5.5 per cent sequential growth. The June quarter is traditionally considered to be a strong one for outsourcers.

  • Nifty Hits Record High for Third Day, Wipro Plunges

    Nifty Hits Record High for Third Day, Wipro Plunges

    BSE Sensex and Nifty were flat today after edging to fresh record highs today. The Sensex and Nifty clocked new life highs of 26,300.17 and 7,840.95 today.

  • Wipro, Ambuja Cements, JP Power in Focus Today

    Wipro, Ambuja Cements, JP Power in Focus Today

    The Nifty opened flat on Friday as indicated by futures trade on Singapore Stock Exchange. Foreign investors remained net buyers in Indian equities to the tune of Rs 282 crore whereas domestic investors sold shares worth Rs 290 crore on Thursday. Nifty closed positive for the eighth straight session on Thursday with record highs.

  • Sell Wipro, Cairn India, Buy Tata Steel: Sanjeev Bhasin

    Sell Wipro, Cairn India, Buy Tata Steel: Sanjeev Bhasin

    Metal stocks have gained on positive China data while Wipro results were weaker-than-estimates. The stock should see selling today.

  • Wall Street Ends Flat on Mixed Earnings; S&P 500 at Record

    Wall Street Ends Flat on Mixed Earnings; S&P 500 at Record

    The Dow Jones industrial average dipped 2.83 points or 0.02 per cent, to close at 17,083.80. The S&P 500 gained 0.97 of a point or 0.05 per cent to end at 1,987.98, its second record closing high in a row. The Nasdaq Composite shed 1.59 points or 0.04 per cent, to finish at 4,472.11.

  • Asian Shares Inch Down From Recent Highs

    Asian Shares Inch Down From Recent Highs

    MSCI's broadest index of Asia-Pacific shares outside Japan was down about 0.1 per cent in early trade, though still on track for solid weekly gain, while Japan's Nikkei stock average added 0.4 per cent.

  • Trading by Banks in Currency Derivatives to be as per RBI Norms: Sebi

    Trading by Banks in Currency Derivatives to be as per RBI Norms: Sebi

    The Securities and Exchange Board of India (Sebi) on Thursday said any trading activity of banks in the currency derivative space will be guided by Reserve Bank of India guidelines.

  • Sebi Tweaks Investment Cap for FPIs in Government Securities

    Sebi Tweaks Investment Cap for FPIs in Government Securities

    The Securities and Exchange Board of India (Sebi) has tweaked investment limits for foreign portfolio investors (FPI) in government securities by increasing the threshold for general investors from $20 billion to $25 billion.

  • Debt Markets to Open Up For Foreign Investors

    Debt Markets to Open Up For Foreign Investors

    India allowed foreign fund managers to hold more government bonds, but also stipulated that they will not be able to hold debt of less than three years, while keeping its overall debt ceiling for all foreign institutional investors intact.

  • Facebook Shares Hit Record High as Market Likes Earnings

    Facebook Shares Hit Record High as Market Likes Earnings

    Shares in Facebook Inc hit a record high on Thursday after a surge in mobile advertising revenue helped the world's No. 1 social network trounce analysts' expectations for quarterly profit and revenue.

  • Wall Street Edges Up at Open on Earnings, Data

    Wall Street Edges Up at Open on Earnings, Data

    US stocks opened slightly higher on Thursday, following a record close on the S&P 500 index, lifted by strong job market data in the United States and overseas factory readings, while better than forecast results sent Facebook shares rallying.

  • Sensex, Nifty Hit Record Highs, Insurers Gain

    Sensex, Nifty Hit Record Highs, Insurers Gain

    Bank of Baroda rose 3.4 per cent, adding to Wednesday's 2.6 per cent gain after the Reserve Bank of India removed the stock from its caution list, making it eligible to be bought by foreign investors in the primary and secondary markets.

  • Nifty Closes Above 7,800 for First Time

    Nifty Closes Above 7,800 for First Time

    Logging their eighth straight day of gains, BSE Sensex, Nifty closed at new highs today after remaining in a narrow range for most part of today's session.

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