Apr 17, 2014 at 21:10 | Source: Moneycontrol.com
Top four IT companies kicked off the March quarter earnings season with positive commentary for the year ahead (FY15), though numbers were mixed. The BSE IT index climbed gained 0.8 percent as Wipro and TCS rallied 3 percent each while HCL Technologies and Tech Mahindra climbed 1.7 percent.
Apr 15, 2014 at 14:00 | Source: Moneycontrol.com
According to CNBC-TV18 poll, profit after tax of TCS is likely to fall 2.9 percent sequentially to Rs 5,175 crore but revenues (in rupee terms) may increase 1.7 percent Q-o-Q to Rs 21,662 crore and (in dollar terms) 2.2 percent to USD 3515 million during March quarter.
Apr 11, 2014 at 19:43 | Source: Moneycontrol.com
Banks, capital goods and metals stocks pushed the index 81.95 points higher to close at 6776.30 for the week while the Sensex surged 269.46 points to 22628.96. Both have seen historic highs at 6819.05 and 22792.49, respectively.
Apr 11, 2014 at 11:00 | Source: Moneycontrol.com
Banks are weak ahead of index of industrial production (IIP) data to be announced in the evening. Industrial output in February is likely to improve to 0.34 percent compared to 0.1 percent in January, according to a CNBC-TV18 poll.
Apr 07, 2014 at 12:00 | Source: Moneycontrol.com
Shares of Infosys, ICICI Bank, HDFC, Dr Reddy's Labs, Maruti, Hindustan Unilever, Cipla and Hindalco Industries lost 1-2 percent. Index heavyweights Reliance Industries and ITC declined 0.4 percent and 0.8 percent, respectively.
Apr 03, 2014 at 10:00 | Source: Moneycontrol.com
The market retreats from its record high, falling marginally amid volatility weighed down by banks, capital goods and index heavyweights. It may be just profit booking after rising for last 10 consecutive sessions on the Nifty.
Apr 01, 2014 at 09:16 | Source: Moneycontrol.com
In the currency space, dollar index stood at 80.100, having retreated from a near two-week high of 80.296. Japanese yen stayed on the backfoot, while the dollar dipped slightly after the head of the Federal Reserve took pains to defend the central bank's ultra-loose policy settings.
Mar 28, 2014 at 22:36 | Source: Moneycontrol.com
Hefty inflow of foreign money, stronger rupee and hope of stable government coming to power at centre post general elections pushed the 50-share NSE Nifty to hit another psychological 6700-mark. However, the index saw consolidation around 6500 level in previous two weeks.
Mar 27, 2014 at 10:00 | Source: Moneycontrol.com
Index heavyweight Reliance Industries continued its uptrend, rising over a percent. CNBC-TV18 reports quoting unnamed sources that oil ministry will hold a crucial meet on Friday related to KG-D6 gas supply, wherein joint secretary (Refineries) PK Singh will discuss KG-D6 gas supply agreements.
Mar 24, 2014 at 17:39 | Source: Moneycontrol.com
The fund invests its portfolio across different market capitalisation and at the end of September 2012 the fund had the highest exposure to financial services in its portfolio. Energy, consumer goods, auto and IT were some of the other leading sectors present and the BSE 200 was the benchmark index for the fund.