Mar 02, 2015 at 16:30 | Source: Moneycontrol.com
Meanwhile, FMCG index was dragged heavily by ITC which lost 5 percent at close. The stock was still reeling under excise duty hike on cigarettes proposed by the FM. Most brokerages have downgraded the stock and recommend selling it.
Mar 02, 2015 at 14:00 | Source: Moneycontrol.com
Shares of GMR Infra slipped 7 percent intraday. The board has agreed to raise Rs 1401.83 crore via rights issue. Issue price is finalised at Rs 15 per equity share. Earlier in July, the Bengaluru-based infrastructure had raised Rs 1477 crore through issuing shares to qualified institutional investors.
Feb 28, 2015 at 16:30 | Source: Moneycontrol.com
An excise duty hike by 15 percent for cigarettes took a toll on index heavyweight ITC, knocking off some 9 percent intraday. Not only that, the government has also proposed an excise duty raise by 25 percent for 65mm cigarettes and on tobacco increased to Rs 70/kg from Rs 60/kg
Feb 28, 2015 at 15:30 | Source: Moneycontrol.com
The 50-share index was up 57.25 points at 8901.85. The Sensex ended up 141.38 points. About 1241 shares have advanced, 1494 shares declined, and 220 shares are unchanged.
Feb 28, 2015 at 14:50 | Source: Moneycontrol.com
Bank Nifty is up 3 percent. Axis Bank is up 7 percent, while ICICI Bank and Sbi are other gainers in the index. HUL and Sun Pharma are among major gainers in the Sensex.
Feb 28, 2015 at 13:10 | Source: Moneycontrol.com
ITC is down 8 percent as government has increased excise duty by 15 percent. FMCG index is down 4 percent from previous close. However, HUL is up 2 percent from the FMCG pack. Axis Bank, Tata Motors, Tata Steel and Dr Reddy's Labs are gainers in the Sensex. Among the losers are ITC, NTPC, BHEL, Sesa Sterlite and HDFC.
Feb 28, 2015 at 12:53 | Source: Moneycontrol.com
ITC is down 8 percent as government has increased excise duty by 15 percent. FMCG index is down 4 percent from previous close. NTPC, BHEL, L&T and Hindalco are major losers.
Feb 26, 2015 at 12:00 | Source: Moneycontrol.com
The market remained under pressure today with the Sensex struggling at 29000 level ahead of Railway Budget. The index fell 66.82 points to 28941.17 and the Nifty declined 20.30 points to 8746.95.
Feb 19, 2015 at 16:28 | Source: Moneycontrol.com
Metals played a key role in todays trade with the BSE Metal index climbing nearly 4 percent amid ongoing coal block e-auction.
Feb 19, 2015 at 10:58 | Source: Moneycontrol.com
S&P BSE Benchmark Indices will consider inclusion of DVR shares if a company's ordinary share class is also part of the new index portfolio and are 10 percent or more of total shares outstanding of the company.