Stock markets to remain closed on Wednesday (25-12-13) on account of Christmas. …
Continue reading...Strides Arcolab turns ex-dividend today
The stock has dipped 58% or Rs 512 at Rs 371 on the National Stock Exchange. Shares of Strides Arcolab have dipped 58% or Rs 512 at Rs 371 on the NSE after turning ex-dividend today. The stock opened at Rs 351, also its 52-week low, has seen a combined 630,000 shares changing hands on t…
Continue reading...What do foreign investors want?
It is a common practice in media to gauge the behaviour of the foreign institutional investors (FIIs) from the numbers put out by the exchanges and regulators. The data typically includes numbers of total purchases by FIIs on a given day, total sales and an aggregate number netting off th…
Continue reading...Five blue-chip firms lose Rs 22,582 cr in value
ONGC alone accounted for more than half of the drop with its m-cap slumping Rs 12,063 cr Dragged down by state-run ONGC, the combined market capitalisation of five blue-chip companies declined by Rs 22,582 crore last week. ONGC alone accounted for more than half of the drop, with its m-…
Continue reading...Sugar stocks: Sweeter medium-term prospects
Centre’s financial package will only provide short-term relief; profitability boost, led by market-based cane pricing, only after a year For the bleeding sugar sector, the recommendations of a financial package and doubling of ethanol blending in petrol to 10 per cent provided some…
Continue reading...BJP decimates Congress, wins 4-0 in Assembly polls; stunning show by AAP in Delhi
New Delhi: Putting up an impressive show, the BJP on Sunday routed the Congress 4-0 in the state Assembly elections by sweeping Rajasthan and Madhya Pradesh, holding on to power in Chhattisgarh and emerging as the single largest party in Delhi. On the other hand, debutants Aam Aadmi Party…
Continue reading...Exit polls charge up stocks, rupee
Sensex, Nifty surge, but shed some of their gains The exit poll projections that the Bharatiya Janata Party (BJP) could win in four of the five states where Assembly elections concluded on Wednesday came as a shot in the arm for Indian shares and the rupee on Thursday. Foreign institutio…
Continue reading...Govt to ask PSUs for Rs 10,000-cr special dividends
Govt may direct cash-rich PSUs to part with cash to meet Rs 40k cr target To bridge the likely shortfall in the Rs 40,000-crore disinvestment target for this financial year, the government might soon direct cash-rich public sector undertakings (PSUs) to announce special dividends. The C…
Continue reading...NSE/ BSE Holiday list 2014
Date Day Description 27-Feb-2014 Thursday Mahashivratri 17-Mar-2014 Monday Holi 08-Apr-2014 Tuesday Ram Navmi 14-Apr-2014 Monday Dr. Babasaheb Ambedkar Jayanti 18-Apr-2014 Friday Good Friday 01-May-2014 Thursday May Day 29-Jul-2014 Tuesday Ramzan ID 15-A…
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