Stocks jumped, sending the Standard & Poor’s 500 Index toward its biggest gain in two months, amid improving data on the American and Chinese economies and speculation of a larger effort to end Europe’s debt crisis. The S&P 500 gained 2.1 percent, the most on a closing basi…
Stocks Rally on Speculation IMF to Expand Europe Bailout
Posted on: December 2nd, 2010 and is filed under Market News.
FII Nov inflows at $4.78 bn; touch record $39 bn in 2010
Posted on: December 1st, 2010 and is filed under Market News.
Mirroring their faith on the Indian economy, overseas funds have infused a staggering $4.78 billion in the capital market in November, taking the year-to-date total to $39 billion. With an investment of $4.78 billion in November, the total inflows of foreign institutional investors (FIIs…
Q&A: Anil Arjun, CEO, Reliance MediaWorks
Posted on: December 1st, 2010 and is filed under Market News.
Reliance MediaWorks (RMW) started in film processing with a small presence in the exhibition space after it took over Adlabs in 2005. Today, it runs the country’s largest multiplex chain and has presence in film services such as visual effects, film restoration, digital mastering studio…
MOIL IPO oversubscribed by 2.37 times
Posted on: November 29th, 2010 and is filed under IPO Views.
The initial public offer (IPO) of state-run manganese producer MOIL was over-subscribed 2.37 times by the end of Day 2 of the issue on Monday, generating total demand for bids worth Rs. 2,979 crore. The initial public offer (IPO) of the manganese ore giant has so far attracted bids worth…
US and South Korea push ahead with war games
Posted on: November 28th, 2010 and is filed under Market News.
By DAVID GUTTENFELDER and KIM KWANG-TAE, Associated Press David Guttenfelder And Kim Kwang-tae, Associated Press – Sat Nov 27, 11:22 am ET YEONPYEONG ISLAND, South Korea – The United States and South Korea prepared for war games Sunday as South Koreans demanded vengeance over a deadl…
Markets recover from days low
Posted on: November 26th, 2010 and is filed under Market News.
The markets have reveresed all its losses in noon trades. The Sensex which plunged to a low of 18,957, has rebounded into green and is now up two points at 19,320. The NSE Nifty has added four points at 5804. SBI and ICICI Bank are leading the recovery, with gains of 2% each. TCS, Cipla …
Intraday calls for 22-11-10
Posted on: November 22nd, 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.
Markets likely to open gap up. Support for nifty is at 5850 and resistance at 5970. On rise one can short Tata steel near 615-620 levels with stoploss at 630. Avoid fresh longs for now. Nifty looks weak below important support of 6000-6030. Please refer to the below nifty chart. (click …
PowerGrid FPO: New shares to start trading from Nov 26
Posted on: November 21st, 2010 and is filed under Press Releases.
NEW DELHI: State-owned PowerGrid Corporation today said new shares allotted to the public under its recent 20 per cent follow-on public offer will start trading on the bourses from November 26. The company’s new shares will start trading on the exchanges from November 26, PowerGrid…
Axis shareholders pay for Enam shareholders’ wealth creation
Posted on: November 20th, 2010 and is filed under Market News.
As Enam promoters bow out with one of their greatest trades ever, high-risk financial takeovers by banks a la Wall Street invades India Axis Bank, which has so far stayed away from the stock-broking business and has had an insignificant presence in the investment banking business, is pay…
Stocks soar as worries over Ireland ease; GM jumps
Posted on: November 19th, 2010 and is filed under Market News.
Stocks surge as hopes build for a resolution of Ireland’s debt woes; GM shares bound higher Stephen Bernard, AP Business Writer, On Thursday November 18, 2010, 1:52 pm NEW YORK (AP) — Stocks bounded higher Thursday on strong interest in General Motors’ initial public …
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