The Sensex today opened with a huge positive gap of 474 points at 14,758 on positive cues from the US markets, but soon slipped into the red and touched a low of 13,834.However, aggressive buying in the realty and banking stocks helped the index to rebound into the positive zone and touch…
Piramal Life Sciences to invest Rs 200 cr in R&D
Posted on: May 18th 2009 in Stock News.
Piramal Life Sciences, a research and development (R&D) arm of Piramal Group is investing Rs 200 crore in the next two year’s period for its ambitious programme to discover and develop new chemical entitities (NCEs) and Novel Drug Delivery Systems (NDDSs), a top company officia…
BSE Sensex crosses 14000 mark
Posted on: May 18th 2009 in Market News.
The Bombay Stock Exchange, BSE Sensex, which was halted for two hours, after it hurt the Upper Circuit for the first time in the Indian share market history, has gone up by 2099.21 points and hit another Upper Circuit after the resumption of trading at 11.55 AM. That forced the exchaneg a…
Trading halted till 11:55am (IST)
Posted on: May 18th 2009 in Market News.
The Bombay Stock Exchange will resume trading at 11:55am (IST) as the NSE Nifty hit 15% upper circuit the second 5% filter. The Bombay Stock Exchange will resume trading at 11:55am (IST) as the NSE Nifty hit 15% upper circuit the second 5% filter. In case of a 20% movement of the index,…
Markets to open with a big gap up on Monday: Edelweiss
Posted on: May 17th 2009 in Market Outlook.
Equity markets and Indian rupee are expected to start trading with a huge gap tomorrow, financial services provider Edelweiss Securities said in a report today. “Equity markets are likely to open with a big gap up on Monday, as desperation to deploy excess cash (both by DIIs and…
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