Jul 30, 2014 at 14:00 | Source: Moneycontrol.com
Drug maker Dr Reddy's Laboratories met street expectations with the consolidated net profit rising 52.4 percent on yearly basis to Rs 550 crore driven by strong growth in US sales and also supported by emerging markets, Russia and domestic operations. Profit in the year-ago period was Rs 360.9 crore.
Jul 30, 2014 at 13:00 | Source: Moneycontrol.com
Commercial vehicle maker Tata Motors and top lender State Bank of India plunged 2 percent each. Index heavyweight Reliance Industries slipped 1 percent followed by HDFC, Tata Steel and BHEL with 0.5-1 percent.
Jul 30, 2014 at 12:00 | Source: Moneycontrol.com
Larsen and Toubro topped the selling list, falling more than 5 percent followed by Sesa Sterlite with 3.5 percent after reporting weak set of results in the quarter ended June 2014. Citi downgraded L&T to a neutral and lowered target price by 4 percent to Rs 1722, saying Q1 raised multiple red flags and it removed the stock from Asia focus list.
Jul 30, 2014 at 11:00 | Source: Moneycontrol.com
Larsen and Toubro, Sequent Scientific, MCX India, Idea Cellular, Wockhardt, Bharti Airtel, Tata Motors, Infosys and SBI are most active shares on exchanges.
Jul 30, 2014 at 10:00 | Source: Moneycontrol.com
Jyotivardhan Jaipuria, Bank of America Merrill Lynch expects earnings growth to improve in coming quarters. He believes that Indian market is shaping up for a big bull run.
Jul 30, 2014 at 09:15 | Source: Moneycontrol.com
Engineering and construction major Larsen and Toubro plunged nearly 8 percent post Q1 earnings. Sesa Sterlite and IDFC declined 2-3 percent on weak earnings in June quarater. HUL, Sun Pharma, BHEL, Ambuja Cements and DLF lost 0.4-1.3 percent.
Jul 29, 2014 at 08:50 | Source: Reuters
The BSE Sensex and the Nifty are closed on Tuesday for a public holiday. Trading will resume on Wednesday.
Jul 28, 2014 at 16:34 | Source: CNBC-TV18
Experts advise buying on such dips as they continued to be positive on Indian equity market on account of improvement in economic data and hopes of proper implementation of Budget announcements.
Jul 28, 2014 at 15:00 | Source: Moneycontrol.com
Hindustan Unilever surged 4 percent after reporting stellar performance in Q1FY15. HUL surpassed street expectations on every parameter with the first quarter (April-June) net profit growing 3.7 percent year-on-year at Rs 1,056.9 crore driven by strong revenue and operating performance. Profit in the year-ago period was Rs 1,019.3 crore.
Jul 28, 2014 at 13:17 | Source: CNBC-TV18
Dipan Mehta, member of BSE,NSE feels PSU banks would offer more returns in the near to medium-term than private banks.