State Bank of India (SBI), the country’s largest lender, today said that its consolidated net profit rose 28.29 per cent to Rs 3,133.16 crore for the quarter-ended September 30 from Rs 2,458.04 crore in the same quarter of the previous year. The increase was mainly on account of a 79 p…

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Could pay up to Rs 3,000 crore for 1.52 per cent. Singapore Telecommunications (SingTel) is increasing its interest in Bharti Airtel, the country’s leading mobile service provider, to 31.95 per cent from 30.43 per cent currently. SingTel owns 15.57 per cent in Bharti Airtel directly…

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Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Nahar Spinning mills @ 57.35 – Support at 54 Sanghi industries @ 31.75 – Support at 29 Shree Cements @ 1577 – Support at 1530 No negative breakouts f…

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Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Excel infoways at 74.1 – Support at 67 KRBL at 139.25 – support at 135 Stocks below their 14dma, 25dma, 50dma, conversion (9days), base (26days) ICICI bank…

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US markets are trading lower on concerns over the pace of economic recovery following an unexpected decline in new home sales and overall consumer sentiments.. New home sales slid 3.6 percent in September to 402,000 from 417,000 in August, well below the 440,000 analysts had forecast. …

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There is a dealy in ipo lising of Aptech’s Chinese arm BJB career. The delay is due to alleged discrepancies in accounts of first six months. Aptech’s arm, BJB Career Education Company, which contributes nearly 50% to Aptech’s revenue, was proposed to list on the Chinese stock e…

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Punjab National Bank was traded at highest premium almost 8% on BSE with 25,500 shares changing hands at Rs 905 as against the spot price of Rs 835.35. Bank of India was trading at second highest premium of 3.39% on BSE with 1.55 lakh shares changing hands at Rs 429 as against the market…

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Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Agro tech foods at 250 – Support at 235 HOV Services at 73.9 – Support at 69 Stocks below their 14dma, 25dma, 50dma, conversion (9days), base (26days) Aban…

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Now Traders will need to wake up early, as Market regulator Securities and Exchange Board of India (Sebi) has allowed stock exchanges to extend the trade timing by 2.5 hrs so instead of 10 am-3.30 pm its likely to be from 9 am to 5 pm. This moves adds 2.5 more hours of trading both to NS…

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WASHINGTON – The cascade of bank failures this year surpassed 100 on Friday, the most in nearly two decades. And the trouble in the banking system from bad loans and the recession goes even deeper than the number suggests. Dozens, perhaps hundreds, of other banks remain open even thou…

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