Hindustan Copper and Blue Dart Express have rallied over 25% after initial fall of more than 4% each on back of heavy volumes. Shares of Hindustan Copper and Blue Dart Express have rallied over 25% after initial fall of more than 4% each on back of heavy volumes. Hindustan Copper has s…
Continue reading...SpiceJet gains on stake sale report
Kalanithi Maran and his wife Kavery Kalanithi from the board of directors of Kal Airways SpiceJet is trading higher by over 3% at Rs 35.95 on reports of stake sale of the company after the resignation of Kalanithi Maran and his wife Kavery Kalanithi from the board of directors of Kal Ai…
Continue reading...Biocon: Positive deals
Strategic alliances and product development improve prospects for the company The recent agreement between Biocon and US-based pharma major Bristol-Myers Squibb (BMS), as well as the private equity (PE) investment in Biocon’s contract research subsidiary, Syngene, are positives from a …
Continue reading...M-cap of top 8 firms down by Rs 31,804 cr, ITC biggest loser
The combined market capitalisation (m-cap) of top eight Sensex companies declined by Rs 31,804.38 crore last week, pulled down mainly by FMCG major ITC which lost Rs 10,969 crore. TCS, RIL, ONGC, ITC, SBI, NTPC, Infosys and HDFC saw losses in their m-cap, while on the other hand Coal Ind…
Continue reading...Hitachi moves beyond making TVs
Hitachi is showing Sony and Panasonic that there can be life after TV. The company ended 56 years of TV manufacturing in August as part of a turnaround from a record loss three years ago. President Hiroaki Nakanishi, a 42-year company veteran, has also shed units making liquid-crystal di…
Continue reading...NSE Muhurat trading timings for 2012
In partial modification to circular no.028/2012 (download no. 22034) dated October 31, 2012, the Exchange hereby notifies the revised timings of Muhurat trading session on account of Diwali, Samavat Year 2069, on Tuesday, November 13, 2012 as follows: Normal Market open 15:30 hrs. [ 3:3…
Continue reading...MCX Muhurat trading timings for Diwali 2012
NEW DELHI: The country’s top five commodity exchanges — MCX, NCDEX, NMCE, ACE and ICEX — will open for ‘muhurat trading’ session for 2.30 hours on the day of Diwali. The commodity bourses have fixed muhurat trading on November 13 from 5.30 pm to 8 pm in all…
Continue reading...Asian shares fall on US fiscal worries, Europe uncertainty
MSCI broadest index of Asia-Pacific shares outside Japan down 0.5%, Nikkei opened down 1.1% . Asian shares fell further on Friday, weighed down by worries over the risk of a recession in the world’s largest economy as the United States faces a looming fiscal crisis, while Europe st…
Continue reading...Dow, S&P 500 close at lowest levels since early August
NEW YORK (Reuters) – Stocks fell sharply on Wednesday, with the Dow losing more than 300 points and all major indexes dropping more than 2 percent in the wake of the presidential election as the looming congressional debate over avoiding the fiscal cliff and Europe’s economic …
Continue reading...US election live: Obama re-elected as President for the second term
Washington: Obama tweeted, “We’re all in this together. That’s how we campaigned, and that’s who we are. Thank you. – Barack Obama.” 9.54 AM: “This happened because of you. Thank you,” Obama has tweeted. 9.49 AM: Obama will win Ohio. Obama…
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