Stephen Bernard, AP Business Writer, On Thursday July 22, 2010, 1:59 pm NEW YORK (AP) — Stocks surged Thursday after another strong batch of earnings reports revived optimism about the economic recovery. Encouraging signs of growth in Europe added to the upbeat mood. Traders larg…

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Nifty after struggling for almost 10 days, finally manged to cross 5400, and gave a close at its 22-month high ending at 5442, Sensex closed at 18,113, up 135 points. It was also the highest closing for the 50-share index since February 2008 Indian stock indices ended near the day&#8217…

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Stephen Bernard, AP Business Writer, On Wednesday July 21, 2010, 4:15 pm NEW YORK (AP) — Stocks have closed sharply lower after Federal Reserve Chairman Ben Bernanke confirmed investors’ fears that the economy has weakened. And interest rates are down sharply in the Treasury…

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Stephen Bernard and Seth Sutel, AP Business Writer, On Friday July 16, 2010, 12:00 pm EDT NEW YORK (AP) — Stocks slumped Friday after earnings reports from two big banks disappointed investors and a survey showed that consumers are becoming more pessimistic. The Dow Jones indus…

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Hindustan Media Ventures Ltd, a unit of HT Media, has fixed the issue price of Rs 166 a share for its Rs 269 crore initial public offerring (IPO), it said in a newspaper advertisement.Subscriptions to the 16.26-million-share offer closed on July 7, it added. The publisher of the third bi…

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Stocks surge after Alcoa, CSX report strong profit NEW YORK (AP) — Stocks have closed sharply higher after investors got a shot of confidence from the start of the second-quarter earnings season. Investors were enthusiastic Tuesday about better-than-expected profits from aluminum …

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Technofab Engineering is entering the primary market with an issue of 29.9 lakh shares of Rs 10 each in the price band of Rs 230-240 per share, thereby garnering Rs 71 crore The issue was open for subscription between June 29 and July 2. The public offering has generated good demand from…

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Markets likely to open slightly higher. Resistance for nifty is at 5355 and support at 5220. Buy Century Plyboards (India) Ltd at 61.65, target: 64.50. Stoploss: 59.50 …

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The Rs 270-crore public offering of media house Hindustan Media Ventures Ltd (HMVL) saw heavy participation from investors on the final day of issue today and got oversubscribed 3.16 times, hours before its closing. The initial public offer (IPO) of HMVL got total bids for over 4.36 cror…

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MUMBAI: Life Insurance Corporation of India has hiked its stake in private telecom services provider Bharti Airtel to 5 per cent after acquiring shares worth Rs 13.17 crore. LIC has purchased 5 lakh shares, representing a 0.013 per cent stake in Bharti Airtel, for Rs 13.17 crore through …

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