Today’s wealthy investors seem to have split personalities. Part of them is brimming with confidence and optimism. Survey after survey shows that they are back to pre-crisis boom years when it comes to their outlook for their own finances, their investments and their retirements. …
Continue reading...Upcoming stock results – May’ 13
Please scroll down for list of companies. Super Sales 22-May-2013 KEI Industries 22-May-2013 Suryalata Spg 22-May-2013 Diamond Power 22-May-2013 Sagar Cement 22-May-2013 Technocraft Ind 22-May-2013 Lakshmi Machine 22-May-2013 TD Power System …
Continue reading...Rupee crashes to nearly 5-mnth low at 55.11 against dollar
Mumbai: The rupee Monday fell to its nearly five-month low level of 55.11 by losing 23 paise on sustained dollar demand from oil importers and concerns over possible rating downgrade by S&P. Forex dealers said weakness in local equities and a firm dollar overseas against other curre…
Continue reading...Shares of HeidelbergCement zoom 8% on stake sale buzz
Reports suggest PE firm Bain Capital is eyeing 12% stake in the cement maker Shares of HeidelbergCement (India), the Indian arm of the German cement major, surged eight per cent on Friday on stake sale buzz. Media reports suggest the cement maker is in talks with private equity firm Bai…
Continue reading...FII holding in BSE 500 stocks highest in five years
FIIs, have raised their shareholding in the BSE 500 companies that make up nearly 93% of the total market capitalisation on BSE Foreign investors have raised their shareholding in BSE 500 stocks to the highest level in the last five years during the quarter ended March 31. Foreign insti…
Continue reading...Nifty at 28-month high as rate sensitives rally
Bank Nifty at 30 month high on RBI optimism; rate sensitives lead gains in noon deals Markets continued its upward momentum with the BSE and NSE benchmark indices at a 28 month high, up 2.3% each, while the Bank Nifty surged to a 30 month high in the noon deals. At 1425 hrs, the Sensex …
Continue reading...Sensex down 430 points; investors poorer by Rs 1 trillion
Mumbai: There was blood-bath in markets Monday as a wave of selling, triggered by a slew a factors like profit-booking and ballooning trade deficit, shaved over 430 points off Sensex — its biggest fall in 14 months — to end at one-week low, leaving investors poorer by Rs 1 lak…
Continue reading...Markets fall on profit-booking; FMCG drags
The broader markets fell with mid-caps and small-caps declining nearly 0.5% on the BSE. Markets continued to trade lower in afternoon session this Monday on back of profit-booking in fast moving consumer goods and infrastructure stocks after recent rally. At 1PM, the Bombay Stock Exchan…
Continue reading...IIP growth rebounds to 2.5% in Mar, grows a tad 1% in FY13
New Delhi: Showing signs of recovery, India’s industrial production growth rate bounced back to 2.5 percent in March on better performance of manufacturing and power sectors coupled with higher output of capital goods. Industrial production had seen a contraction of 2.8 per cent in…
Continue reading...Stock markets to remain open on Saturday 11-05-13 for 2.05 hours
The Exchange is conducting a special live trading session on Saturday, May 11, 2013 in the Capital Market Segment. Market timings for special live trading session shall be as under: Pre-Open* – 11.00 hrs to 11.08hrs Normal/ Odd lot/ Retail debt market – 11.15hrs to 12.45hrs…
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