On January 19, 2015 16:18 (IST)
Hindustan Unilever shares slumped after the consumer goods maker reported a 3 per cent rise in volume growth during the December quarter. Analysts had estimated volumes to grow by 6 per cent year-on-year. HUL ended 5 per cent lower at Rs 893.70 and w...
On January 19, 2015 14:17 (IST)
Wipro rose as much as 7.8 per cent after the country's third-largest IT services exporter on Friday reported better-than-expected growth in December-quarter net profit.
On January 16, 2015 16:17 (IST)
Banks witnessed some profit booking today after Thursday's rally. PNB fell 2.43 per cent, while SBI shed 1.64 per cent. However, Axis Bank, which reported in-line earnings today closed with minor gains of 0.09 per cent.
On January 16, 2015 13:29 (IST)
Infrastructure shares gained with Larsen & Toubro adding nearly 2 per cent as the rate cut is expected to lower borrowing costs and help growth. Bharat Heavy Electricals gained 1.25 per cent.
On January 16, 2015 12:30 (IST)
Axis Bank reported stable asset quality sequentially. Its gross non-performing assets stood at 1.34 per cent of total advances in the December quarter against estimates of 1.3 per cent.
On January 15, 2015 13:41 (IST)
The Bank Nifty was up over 3 per cent after making a fresh 52-high of 19,410.40 earlier in the day. The rate cut by RBI will help a revival in the credit cycle and also banks will have mark-to-market gain on their bond portfolio, which will boost the...
On January 11, 2015 11:50 (IST)
Third quarter earnings from blue-chips like Tata Consultancy Services (TCS), Reliance Industries Ltd (RIL) and Wipro and key macro-economic data - IIP and inflation - would dictate the trend on the bourses in the week starting January 12, say analyst...
On January 03, 2015 18:47 (IST)
Employees and officers of ING Vysya Bank have expressed concerns over their future after the merger with Kotak Mahindra Bank which will come into effect from April 1, 2015.
On January 02, 2015 16:05 (IST)
On hopes of faster reforms in the sector, banking stocks index, Bank Nifty, rose as much as 1.94 per cent to a record high of 19,113.50, surpassing the previous peak of 18,923.60 hit on December 23.
On December 28, 2014 18:41 (IST)
The Reserve Bank came out with final guidelines for Payments Banks (PB) last month, wherein the aspirants have been allowed to enter into joint ventures with lenders.
On December 26, 2014 09:56 (IST)
Domestic market sentiments have been weighed down by continued selloff by foreign investors. FIIs sold stocks worth Rs 2,808 crore on Wednesday. In the last 12 trading sessions, foreign investors have sold stocks worth Rs 9,817 crore in the cash mark...
On December 25, 2014 15:37 (IST)
Major gainers from the Sensex pack include Maruti Suzuki, Axis Bank, SBI, ICICI Bank, Cipla, BHEL, HDFC, HDFC Bank, L&T, Sun Pharma, Bajaj Auto, Coal India, Dr Reddy's Lab, Hindalco, HUL, M&M and Tata Motors.
On December 24, 2014 22:54 (IST)
Promoter entities of three companies of Anil Ambani-led Reliance Group Reliance Communications, Reliance Infrastructure and Reliance Power - have pledged shares worth about Rs 3,700 crore at the current market value.
On December 24, 2014 09:42 (IST)
UltraTech Cement was the top gainer in Nifty, up 2.5 per cent. The company has agreed to buy two cement plants from Jaiprakash Associates for Rs 5,400 crore including debt. Jaiprakash Associates shares were up around 3 per cent.
On December 23, 2014 10:01 (IST)
Four of the five top Nifty gainers were banking stocks. State-run Bank of Baroda led the list, up 1.8 per cent. Axis Bank, Punjab National Bank and SBI also traded with over 1 per cent gains. Energy and metal stocks were down, with Cairn India fallin...
On December 17, 2014 20:39 (IST)
The Reserve Bank of India (RBI) has fined ICICI Bank Ltd and state-run Bank of Baroda over violations of customer protection rules that allowed fraudsters to cash fake checks and postal orders for up to two years.
On January 05, 2015 10:51 (IST)
Software stocks led the decliners after sector leader TCS on Friday said seasonal trends would impact its Q3 revenue. TCS fell 3.8 per cent, Tech Mahindra ended down 3.6 per cent, Wipro lost 0.3 per cent, Infosys ended 0.7 per cent lower and HCL Tech...
On December 12, 2014 18:39 (IST)
Annual consumer price inflation eased for a fourth straight month in November to 4.38 per cent, its lowest level since government started releasing the data in 2012, government data showed on Friday.
On December 11, 2014 08:50 (IST)
The global sell-off in equities continues with most stock markets reacting negatively to weakness in crude oil prices. Fears about global growth slowdown have also weighed down on markets.
On December 10, 2014 10:46 (IST)
Axis Bank on Tuesday launched a 20-year home loan scheme at a fixed rate of 10.40 per cent for loans of up to Rs 50 lakh.