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Posted on: April 24th, 2013 and is filed under Market News.

Hackers tweet fake White House explosion, Obama injuries – Big losses for innocent retail traders/ investors

A news agency tweet, that turned out to be fake about explosions at the White House injuring President Obama, sent markets on a round-trip roller coaster ride. @AP, the official twitter handle of the respected Associated Press news agency, sent out a message at about 1:07 p.m. ET, saying…

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Posted on: April 23rd, 2013 and is filed under Market News.

Stock market to remain closed on Wednesday (24-04-13)

Stock market to remain closed on Wednesday (24-04-13) on account of Mahavir Jayanti. …

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Posted on: April 21st, 2013 and is filed under Market News.

Top companies in terms of pending investor complaints

About two dozen companies, including state-run giants like ONGC and Coal India, had investor complaints pending against them for more than two months at the end of last fiscal, Sebi data indicated. The latest data available with Sebi Complaints Redress System (SCORES) shows that a total …

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Posted on: April 18th, 2013 and is filed under Market News.

Markets to remain closed on Friday (19-04-13)

Markets to remain closed on Friday (19-04-13) on account of Ram Navmi. …

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Posted on: April 17th, 2013 and is filed under Market News.

HCL Technologies profit up 73%, beats estimates

Net profit rises to Rs 1,040 cr for the thid fiscal ended March 31 from Rs 600 crore in the year-earlier period HCL Technologies Ltd, India’s fourth-biggest software services provider, beat analysts’ estimates with a 73% rise in quarterly profit after winning orders and keepi…

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Posted on: April 16th, 2013 and is filed under Market News.

Govt to award 30 port projects worth Rs 25K cr this fiscal

New Delhi: The Shipping Ministry Monday said it has set a target of awarding 30 projects, entailing Rs 24,633 crore investment, for the current fiscal to add 288.48 million tonne capacity. “The achievement of the Ministry during 2012-13…Has been outstanding… This is the…

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Posted on: April 9th, 2013 and is filed under Market News.

Wipro drops 55 points post demerger of non-IT biz

The company has demerged its non-IT businesses like Consumer Care & Lighting into a new company to focus exclusively on information technology. The share price of Wipro Limited, which recently got separated as a pure-play IT services company saw a sharp fall in the early trade on th…

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Posted on: April 7th, 2013 and is filed under Market News.

Eight blue-chips lose Rs 49,000 cr in m-cap last week

Except ONGC, RIL, other top 8 companies saw losses in their market value with the BSE Sensex falling 2% last week Led by software giant TCS and FMCG major ITC, eight blue-chip companies lost a whopping Rs 49,102 crore in their total market valuation in a weak stock market last week. Bar…

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Posted on: April 6th, 2013 and is filed under Market News.

N Korea warns it cannot protect embassies after April 10

Seoul: North Korea on Friday warned foreign embassies in Pyongyang that it was unable to guarantee their safety after April 10 and they should consider evacuating their missions amid soaring nuclear tensions. European countries with embassies in Pyongyang, such as Britain and Russia, rep…

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Posted on: April 4th, 2013 and is filed under Market News.

Nifty below 200-DMA; Snap-poll fears weigh

Broader markets fall nearly 1.5-2%, under-performing benchmark indices Markets extended drop in late-afternoon session this Thursday with 50-share Nifty falling below 200-Day Moving Average and hovered near 5,590 levels on back of broad-based selling across sectors. Investors liquidated…

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