Zee Media Bureau New Delhi: The BSE Sensex on Friday hit an all-time high of 21,230.67 on strong foreign inflows and gains led by IT, metal, banking and Auto sector. The 50-share Nifty index, 35 points short of touching its all time high, was trading at 6,322 points. Stock brokers said…

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Total revenues grow 9.9% to Rs 21,324 cr; forex loss at Rs 342 cr Bharti Airtel Ltd, on Wednesday, reported a 29% drop in net income at Rs 512 crore during July-September 2013 quarter. The result marks the 15th consecutive quarter of decline in net profit for the country’s largest te…

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The market has stalled. This is evident from the fact that the market has formed the ‘Doji’ candlestick pattern on technical charts in the past 4 out of the 5 days this week. This candlestick pattern on the daily chart generally occurs when the market sentiment is uncertain a…

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NEW DELHI: Wipro Ltd slipped as much as 8.4 per cent in morning trade on Wednesday, after the IT major reported its results for the quarter ended September 30 which clearly lagged performance compared to the top tier players. Wipro grew at its fastest pace in two years in the September q…

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DoT accepts legal counsel that their dual technology licences given before Jan 2008 were not covered by last year’s SC quashing order n a major relief to the dual technology (those offering services on both the Read More..

In HDFC Bank, for instance, they have reduced their holding after a gap of more than two years Foreign institutional investors (FIIs) reduced their exposure to Indian banking stocks during the second quarter on concerns of margin stress due to slowdown in the economy, rising non-performi…

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Stock markets to remain closed on Wednesday (16-10-13) on account of Bakri ID …

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Mehul Choksi’s Gitanjali hit by gold curbs, distributor defaults and liquidity crunch The 91.9 per cent slide in the stock price of Gitanjali Gems since April has depleted the value of promoter Mehul Choksi’s holding in the company by at least Rs 17 crore a day on an average. Hi…

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Weak rupee, demand uptick and improved macro to aid sector in upcoming earnings season. Observers to closely eye management comments on near-term outlook With several key metrics showing signs of improvement, expectations from the Indian information technology (IT) sector are running hig…

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NEW DELHI: The trade deficit for the month of September reduced to $6.76 billion versus $10.9 billion in August. While exports were up 6% to $27.68 billion versus $26.1 billion in August, imports were down 7.1% to $34.44 billion versus $37.05 billion. The trade deficit for the period Apr…

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