NEW DELHI: Indian stock market may have corrected over 40% from its peak, but a number of stocks are still deriving valuations that are either expensive or crazy in some cases. As many as 158 companies are trading at a premium compared to the BSE benchmark index, Sensex where …

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After a long break the stock markets seem to be bouncing back. The indices are climbing up. Over the last one-and-half months, the domestic equity markets have been in the grip of a strong rally. The Reserve Bank of India (RBI) further reduced the key rates to fuel growth. …

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At 9:58am (IST), Sensex was down 141 points at 11,193 and the NSE Nifty was down 42 points at 3,443. Indian markets have started off with a negative bias on the back of negative cues from the US and the Asian markets. The Nikkei index was down by 0.5% and the Hang Seng index are down by 2…

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MUMBAI: The stock market uptrend, which has brought back the benchmark Sensex above the 11,000-points level, has recovered as much as Rs 10,00,000 crore of investors wealth in less than two months. However, the total recovery so far is less than one-fourth of close to Rs 45,00,000 crore…

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Final figure to be announced on April 28. Tata Motors is expected to get close to a million bookings for the Nano. The bookings for the world’s cheapest car began on April 9 and ended today. This is more than half the total number of cars produced in the country in 2008 — 1.83 millio…

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The Federal Reserve, releasing details of how it conducted “stress tests” on the nation’s 19 largest financial institutions, said “most banks currently have capital levels well in excess of the amounts needed to be well capitalized.” But the banks need to h…

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Stock markets regulator Securities and Exchange Board of India (Sebi) on Thursday barred the promoter- chairman of entertainment chain Pyramid Saimira Theatres, P.S. Saminathan, and four others from the securities market for forgery, disseminating false information and manipulating the sh…

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MUMBAI: The formation of bull-put spread, which hinted at moderate bullish sentiments among investors, was clearly visible from the index movement Friday. …

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Reliance Petroleum has declared its fourth quarter numbers of FY09. It has reported Q4 net profit at Rs 84 crore and net sales at Rs 3,678 crore (Turnover included trial run sales of Rs 2,418 crore). …

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CALL CLOSED (LONG TERM INVESTORS – HOLD IT) Buy Bharat Electronics on dips. Current market price: 927. Long term target: 1854. Book value: 404, P/E ratio: 9.87. Armed for growth: Just when large manufacturers are curtailing their activities to save on costs, Bharat Electronics is …

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