On December 22, 2014 12:08 (IST)
IT stocks witnessed some profit booking today after two consecutive days of gains. HCL Tech was the top loser in Nifty, down 1.3 per cent. Infosys, Tech Mahindra and TCS also fell between 0.5 to 1 per cent. The IT sub-index of National Stock Exchange...
On December 21, 2014 15:24 (IST)
Led by Tata Consultancy Services (TCS) and Oil & Natural Gas Corp (ONGC), eight of the ten most valued companies added a combined Rs 55,171 crore to their market valuations in the week to December 19.
On December 19, 2014 17:34 (IST)
Investors remained encouraged after the cabinet approved a constitutional amendment bill on Wednesday to rationalise state and central indirect taxes into a harmonised goods and services tax (GST).
On December 19, 2014 14:59 (IST)
Shares in Reliance Industries gained 3.1 per cent on Friday. The stock was seen heading towards its biggest daily gain since July 22.
On December 19, 2014 14:56 (IST)
Broader markets outperformed the benchmark indices, with stocks like SpiceJet and JK Tyre gaining sharply. SpiceJet was locked at upper circuit with 20 per cent gains on reports that the ailing carrier might soon get an investor.
On December 19, 2014 11:39 (IST)
Bharti Airtel fell 1.2 per cent on Friday while the Nifty gained 0.9 per cent.
On December 19, 2014 08:23 (IST)
The Nifty is likely to face resistance around 8,230-8,250 and any cross over is likely to trigger massive short covering, which could aid a pull back to 8,400.
On December 18, 2014 08:23 (IST)
The Nifty may conquer 8,200 as volatility subsides. The rupee is also likely to recover, which should aid the bullish sentiment today.
On December 16, 2014 15:43 (IST)
The BSE Sensex extended its losses for a fourth session on Tuesday, dropping over 550 points to slip below the key 27,000 level for the first since October 29. The 30-share Sensex has shed 1,900 points in December, a drop of 6.5 per cent in just 12 s...
On December 15, 2014 14:15 (IST)
ONGC, which corrected nearly 5 per cent last week, was up 1.9 per cent after a newspaper report said disinvestment in the company can be deferred till January. Traders said ONGC is witnessing some short-covering as its free float shares would not inc...
On December 12, 2014 18:02 (IST)
The Nifty fell for a fifth session in six on Friday to post its worst weekly loss since July as oil explorers continued to slump after Brent crude prices slipped to below $63 a barrel.
On December 12, 2014 14:50 (IST)
Index heavyweight stocks such as Reliance Industries fell sharply, weighing on sentiments. IT stocks also came under selling pressure after earlier gaining over 1 per cent. TCS fell over 2 per cent ahead of an analyst meet later today.
On December 12, 2014 10:30 (IST)
Shares in telecom service providers gained on Friday after a newspaper report said that government may include one slot for 3G services in spectrum auction.
On December 12, 2014 08:38 (IST)
Indian stock markets are expected to remain volatile on Friday. Crude oil prices have now slipped below $60 per barrel and the rupee, which has weakened over the last few days, should also stabilize around 62 per dollar albeit with Reserve Bank's int...
On December 11, 2014 13:33 (IST)
At its day low, the Sensex fell over 290 points or 1.04 per cent to 27,539, while the 50-share Nifty slipped below the crucial 8,300 mark. As of 1.17 p.m., the Sensex traded 181 points lower at 27,650 and the 50-share Nifty was down 0.6 per cent at 8...
On December 11, 2014 11:26 (IST)
The slowing down in buying by foreign funds also seems to have impacted the momentum in stock markets. The Sensex and Nifty have gained nearly 35 per cent year-to-date on the back of around $40 billion buying by FIIs.
On December 11, 2014 11:02 (IST)
The Nifty opened lower on Thursday tracking a sell-off in world markets due to falling crude oil prices. Domestic investors sold shares worth Rs 519 crore in cash market on Wednesday, whereas foreign investors were net buyers to the tune of Rs 5 cror...
On December 10, 2014 23:19 (IST)
Reliance Industries Ltd (RIL) on Wednesday said it is not in the overseas market to raise about $1 billion through a bond sale.
On December 10, 2014 21:01 (IST)
Reliance Capital's stock gained 4.34 per cent to settle at Rs 538 on the BSE. During the day, it climbed 4.9 per cent to Rs 540.90. At the NSE, the scrip closed 4.56 per cent higher at Rs 539.
On December 10, 2014 16:10 (IST)
The Insurance Laws (Amendment) Bill, 2008, proposes to increase foreign direct investment limit in the insurance sector to 49 per cent from the existing 26 per cent.