New Delhi: Launched under BJP’s supervision and carrying Chief Minister Narendra Modi’s initials, the new ‘NaMo Gujarat’ television channel on Friday got the Election Commission’s nod but with some riders in the election-bound state where model code of conduc…
Continue reading...August industrial growth at 2.7%
Zeebiz Bureau New Delhi: India’s industrial production growth rose 2.7 percent in August as compared to 0.1 percent cent in July. The cumulative growth for the period April-August 2012-13 over the corresponding period of the previous year stood at 0.4 percent. The three sectors t…
Continue reading...Goldman cuts DLF to ‘neutral’ from ‘buy’
DLF-GOLDMANSACHS-RATING-NEUTRAL:Goldman cuts DLF to ‘neutral’ from ‘buy’ Goldman Sachs downgraded DLF to ‘neutral’ from ‘buy’, saying slower approvals could result in fewer project launches, while cutting its pre-sale estimates for India…
Continue reading...Support/ Resistance levels of top traded stocks
Below are resistance/ support levels of most traded stocks. Will be of some help in your daily trades. All support/ resistance levels are on closing basis (spot). Tata Motors – Resistance at 282, support at 270 Mah and Mah – Resistance at 880, support at 855 Larsen & T…
Continue reading...Nifty crashes 800 pts during trading hours; NSE blames broker for bad orders
New Delhi: The National Stock Exchange index Nifty crashed 800 points this morning, halting the trade, which the bourse blamed on erroneous orders worth Rs 650 crore by a broker Emkay Global for one of its clients. The NSE said it is investigating the matter and the abnormal orders that …
Continue reading...Govt clears FDI in insurance, pension sectors
New Delhi: Government on Thursday unleashed a second wave of reforms deciding to open the pension sector to foreign investment and raising the FDI cap in insurance to 49 percent, undeterred by opposition to its decisions on FDI in retail and threats to block these legislations. The Union…
Continue reading...Govt to announce more big-ticket reforms today
New Delhi: In another round of big-ticket reforms, the Union Cabinet will consider on Thursday raising the FDI cap in insurance sector to 49 percent and opening the pension sector to foreign investment besides creation of a National Investment Board. The Cabinet will also consider a numb…
Continue reading...Hero MotoCorp, Bajaj Auto dip on weak September sales
Hero MotoCorp and Bajaj Auto are trading lower by almost 2% each after reporting more than 10% year-on-year (y-o-y) drop in sales for the month of September. Hero MotoCorp, the country’s largest two-wheeler maker, recorded 26.35% drop in sales at 404,787 units in September on y-o-y…
Continue reading...Stock Market to remain closed on Tuesday – 2nd October
Stock Market to remain closed on Tuesday – 2nd October’ 2012 on account of Mahatma Gandhi Jayanthi …
Continue reading...New consent mechanism helped RIL, says PIL
The new consent mechanism introduced by the Securities and Exchange Board of India (Sebi) in May favours Reliance Industries, which has applied for consent settlement in an insider trading case, according to a public interest litigation (PIL) filed by Bangalore-based Arun Aggarwal in the …
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