Following is the list of stocks having the maximum P/E (PE). For people who don’t know what P/E is about I recommend them to check it out here. The list is generated as on 16th October 2010 …
FII’s Buy stocks worth 2102 cr’s today
Posted on: October 13th, 2010 and is filed under Market News.
FII’s today seemed to have resumed their bulk buying, they made purchases of 2102 cr. in Cash Market today, keeping the Markets strong. DII’s on the other had remained net setters worth 1354.81 cr’s. Indices opened on a flat and gained momentum as the session progressed…
Govt fixes Coal India IPO price band at Rs 225-245/share
Posted on: October 12th, 2010 and is filed under Press Releases.
The government today fixed the price band of Coal India’s (CIL) initial public offer (IPO), billed as country’s largest, at Rs 225 to Rs 245 a share — a range which could help it raise over Rs 15,000 crore if the next week’s public offer is subscribed fully. The d…
Stocks Edge Up on Expectations of Fed Move; Dow Hits 11,000 for First Time Since May- Wall Street
Posted on: October 9th, 2010 and is filed under Market News.
Stocks climb as weak jobs report adds to hopes for Fed action; Dow touches 11,000 Stephen Bernard, AP Business Writer, On Friday October 8, 2010, 2:07 pm NEW YORK (AP) — Stocks rose Friday after another weak report on unemployment added to expectations that the Federal Reserve w…
Retail investors are cashing out of stocks
Posted on: October 8th, 2010 and is filed under Market News.
Some of the money pulled out of mutual funds and the secondary market is coming back via public issues. With the benchmark Sensex nearing its January 2008 peak, retail investors are on a selling spree. Mutual funds are facing redemptions from retail investors looking for a profitable exi…
Vedanta deal: Cairn to seek shareholder nod on Oct 7
Posted on: October 6th, 2010 and is filed under Stock News.
UK-based Cairn Energy Plc will tomorrow seek shareholder nod for the sale of majority stake in its Indian arm to London-listed Vedanta Resources for up to $8.48 billion, a development that would close options for state-owned ONGC to make a counter offer. Cairn has called a General Meetin…
Japanese rate cut lifts world markets; Dow up more than 200 points
Posted on: October 6th, 2010 and is filed under Market News.
US stocks get a lift from services sector gains; Japanese rate cut lifts world markets NEW YORK (AP) — Stocks rose Tuesday following news that activity expanded in the U.S. services sector last month. World markets also rose after the central bank of Japan surprised investors by …
Grey market bets big on Coal India issue
Posted on: October 5th, 2010 and is filed under Market News.
India’s largest initial public offering (IPO), to be floated by Coal India Ltd, is generating enormous interest in the grey market. Investment bankers and stockbrokers that control this unregulated market are already trading CIL shares at a Rs 10-12 premium — even before the price ban…
7 of top-10 firms add Rs 29K cr to m-cap last week
Posted on: October 4th, 2010 and is filed under Market News.
Seven of the country’s top-10 firms added Rs 29,191.43 crore to their combined market capitalisation (m-cap) during the past week, with the maximum gains being registered by state-run NTPC and State Bank of India (SBI). With a total m-cap of Rs 1,80,616.8 crore, power major NTPC em…
Ayodhya verdict sparks off online activism
Posted on: October 3rd, 2010 and is filed under Market News.
“Stay together, stay one. India first, all else after” — tweeted Amitabh Bachchan on the morning of September 30. About 81 million internet subscribers across the country echoed his views throughout the day. Passions ran high as Indian users reinvented social activism by discussing…
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