Mar 04, 2015 at 08:56 | Source: Moneycontrol.com
On March 3, 2015 Larsen & Toubro Limited sold 1,00,00,000 shares of L&T Finance Holdings at Rs 67.61.
Mar 01, 2015 at 14:14 | Source: PTI
In the Budget for 2015-16, the government has emphasised that it would emphasise on investments to propel growth and has also projected a fiscal deficit target of 3.9 percent of GDP.
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 12:16 | Source: Moneycontrol.com
The Sensex is up 299.63 points or 1 percent at 29519.75 and the Nifty is up 88.55 points or 1 percent at 8933.15. About 1241 shares have advanced, 1177 shares declined, and 201 shares are unchanged.
Feb 28, 2015 at 11:32 | Source: Moneycontrol.com
Presenting the Budget for 2015, Arun Jaitley has allocated Rs 25,000 crore for rural infrastructure. He has proposed Rs 1.25 lakh crore public investment for FY16. Investment in infra will go up by 'Rs 70,000 crore and has proposed tax-free infra bonds for road, railways & infra projects.
Feb 28, 2015 at 10:48 | Source: Moneycontrol.com
The government is likely to meet the fiscal deficit target of 4.1 percent in FY15 and aim for 3.6 percent in FY16. Gross market borrowings are likely to inch up to Rs 6.23 lakh crore in FY16. On the taxation front, it is expected to see a roadmap towards implementation of GST.
Feb 28, 2015 at 10:29 | Source: Moneycontrol.com
Oil marketing companies (OMCs) are under pressure. CLSA sees the Budget to be negative for refiners as every 1 percent increase in duty will pull down gross refining margins by USD 0.3 per barrel. Both HPCL and BPCL are down 1-2 percent.
Feb 28, 2015 at 09:53 | Source: Moneycontrol.com
Shares of Larsen and Toubro (L&T) rallied more than 2 percent intraday to hit an all-time high of Rs 1,795.50 on Saturday. Brokerage Macquarie has retained its outperform rating on the stock with a target price of Rs 1,777 apiece.
Feb 26, 2015 at 10:25 | Source: Moneycontrol.com
Equity Mutual Funds closed in red as the market closed flat on Wednesday after the sell-off in last hour of trade, ahead of expiry of February derivative contracts and Railway Budget.
Feb 24, 2015 at 11:28 | Source: Moneycontrol.com
ITC, HUL, L&T, Maruti and Wipro are top gainers in the Sensex. Among the losers are Sesa Sterlite, ONGC, Tata Steel, Tata Motors and Tata Power.