Source:Economic Times - MUMBAI: The S&P BSE Sensex extended losses for second straight session led by losses in rate sensitives such as banks, realty, capital goods and metals after the headline WPI inflation surprised negatively. WPI inflation for March 2014 rose to 5.7 per cent against market
10.40 PM Apr 15th
irregularities which has caused the government a loss of about Rs 120 crore by way of its exposure to the NSEL scam through MMTC as well as PEC.3) One must realise that MMTC also trades into commodities, and also mcx do trade on metals .so if mcx left out then may be (maybe)next biggie will be mmtc .........now
7.39 PM Apr 15th
on consolidated balance sheet as well as due to its recent run up. Still both of them may run up, but I prefer manaksia in metal space which I hold. You may also consider mukand(where promoter increased stake in big), godawari power etc. in the steel space.
7.22 PM Apr 15th
Tata Steel said on Monday, 14 April 2014, that the company has completed FY 2014 (year ended 31 March 2014) with an overall increase in production and sales volumes. The year registered its best ever performance in hot metal, crude steel, saleable steel production and total sales, the company said
7.13 PM Apr 15th
. Metal and mining stocks edged lower as China`s broadest measure of new credit fell 19% in March from a year earlier and money supply grew at the slowest pace since 2001. China is the world`s largest consumer of copper and aluminum. Sesa Sterlite (down 3.68%), JSW Steel (down 4.99%), Steel Authority
7.12 PM Apr 15th
requirements. Indian stocks fell for the second day in a row today, 15 April 2014. Metal and mining stocks edged lower as China`s broadest measure of new credit fell 19% in March from a year earlier and money supply grew at the slowest pace since 2001. Shares of IT major Infosys edged higher in choppy trade
7.09 PM Apr 15th
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