Indian Stock Market

Hyderabad, Dec. 30 The National Mineral Development Corporation Ltd (NMDC) has evinced interest in setting up a steel plant in Bellary district of

The embattled Satyam Computer Services management got some support from one of its independent directors and the former Union Cabinet Secretary, Mr T.R. Prasad, who said that “resigning from the Board now is like deserting a troubled

With no end in sight to the current downturn, countries are being forced on the back foot, and their heads are talking bailout deals. Down and out, people are beginning to wonder whether there are any places left which might provide them with a safe haven. The good news is, yes, there are.

Nifty Futures have added Rs 22710 crore in the open interest on December 31, 2008 report.

G Chandrashekhar of Business Line believes that the dollar is going to weaken which is going to send very positive signals for the speculative capital to reenter the market. In his opinion, sugar market will give wonderful returns to investors in 2009 because the global sugar market is going to be driven by India’s sugar […]

The spot rupee ended lower at Rs 48.79 per USD as against its previous close of Rs 48.47. The widely traded 8.24% 2018 paper ended higher at Rs 121.79 as against its previous close of Rs 121.63.

Hyderabad, Dec. 30 Fortune Park Hotels, an arm of ITC Ltd, plans to go ahead with its expansion despite the downturn by opening 27 new hotels in the next 24

After the Maytas deal and uturn Upaid had filed a motion with the State Court asking that they are looking for a testimony for Ramlinga Raju, Srinvas Vadlamani, and Head of Corporate Governance Jayraman. Court has fixed the hearing date for motion as January 7.

Eoin Treacy, Global Strategist, fullermoney.com, does not see global markets recouping all their losses of 2008 in the New Year. However, he was quick to add that one could have doubledigit gains in 2009.

The sugar space is doing extremely well today; Bajaj Hindusthan rallied 10% in today, a good buildup of about 6.9 lakh shares and it went into a pretty healthy premium which is about a 20% Open interest build up.

Smallcaps had concerns of demand slowdown, cooling off of commodity prices and liquidity crunch during the year 2008. The midcaps were down 72% from January 1 levels. The benchmark indices crumbled 51% (YTD).

In a CNBCTV18 poll, as much as 75% of the respondents feel GDP growth for FY2009 would be between 6.5% and 7%. When questioned about growth rate for FY2010, 84% respondents said the growth rate would be under 5%.

It\’s been a soft close to what\’s been the worst year ever for the Indian stock markets. A year in which both the Sensex and the Nifty lost over 50% and 48 out of the 50 Nifty stocks posted negative returns. Dipan Mehta, Member of BSE/NSE said if one is betting on themes for early […]

Greaves Cotton had touched an intraday high of Rs 78.60 and an intraday low of Rs 73. At 12:05 pm, the share was quoting at Rs 77, up Rs 5.05, or 7.02%. It was trading with volumes of 14,576 shares, compared to its fiveday average of 7,119 shares, an increase of 104.76%. Yesterday the share […]

Adhunik Metalik had touched an intraday high of Rs 29.50 and an intraday low of Rs 27.60. At 12:05 pm, the share was quoting at Rs 29.35, up Rs 2.05, or 7.51%. It was trading with volumes of 74,404 shares. Yesterday the share closed down 1.80% or Rs 0.50 at Rs 27.30.