After a sedate start yesterday, the follow-on public offer of NMDC saw interest reviving on the second day of book building, with bids for 79 per cent of the shares on offer. The issue had received bids for only 17 per cent of its size yesterday. According to data on the National Stock E…
Continue reading...Indian Stock market to remain closed on 1st March 2010
Markets will remain closed on Monday (01-03-10) on account of Holi …
Continue reading...BSE takes on NSE in server co-location space
Offers a rack for Rs 4.5 lakh per year as against NSE’s Rs 22.5 lakh.The Bombay Stock Exchange (BSE), following in the footsteps of its rival National Stock Exchange (NSE), is offering space on its premises to its members to co-locate their servers at almost one-fifth the price of NSE. …
Continue reading...No hike in fares, freight charges in Rail Budget
The Railway Budget for 2010-11 today proposed no increase in passenger fares and freight rates while reducing the tariff by Rs 100 per wagon in transportation of foodgrains, kerosene and fertilisers to tackle the price rise. The budget, presented by Railway Minister Mamata Banerjee in th…
Continue reading...NSE Index Weights- Nifty 50 stocks weightage
NIFTY , CNXIT ,BANKNIFTY,JUNIOR NIFTY, CNX 100 , CNX 500 , CNX MIDCAP , NIFTY MIDCAP - List of stocks with their weightage in Nifty50, CNX100, CNX 500, Midcap, Bank Nifty. Quotes are updated as of date 02-15-10… Please see the list below Index Weightage BANK Nifty …
Continue reading...Terror Strikes Pune - Famous German bakery targeted
Eight people were killed and up to 40 injured in a bomb explosion in a popular bakery near a Jewish prayer house here in the first major strike after the 26/11 carnage in Mumbai. The blast took place in the German Bakery, an old business establishment in the Cantonment area of the city, …
Continue reading...JSW Energy prices IPO at lower end, gets $579 m
JSW Energy has raised Rs 2700 crore ($579 million) in its initial public offer after it priced the sale at the lower end of the 100-115 rupees per share band following a tepid investor response. The company will issue shares to retail individual bidders at a Rs 5 discount to the issue p…
Continue reading...NSE & BSE Trading timings extended by 55 mins
The National Stock Exchange & Bombay Stock Exchange (NSE & BSE) have extended trading timings in equity and equity derivatives segments by 55 minutes. The move would be effective from this Friday (December 18, 2009). Trading in these segments will commence from 9.00 am onwards, …
Continue reading...Dollar down again as G20 backs ongoing stimulus
Dollar down again as G20 backs ongoing stimulus, IMF says dollar remains ‘on the strong side’. The euro pushed back up above $1.50 Monday after finance ministers from the Group of 20 rich and developing countries steered clear from addressing the weakness of the U.S. currency …
Continue reading...Improved GDP growth triggers a rally on Wall Street
Better than expected GDP numbers trigger a rally on Wall Street.. Major stock indexes rose almost 2 percent in afternoon trading, including the Dow Jones industrials, which rose about 200 points, compared to the 210 point drop in the entire week …
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