Moneycontrol News Archive
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PSU banks get aggressive with marketing
12th August, 2005 20:28
Public sector banks are setting up backend infrastructure to meet competition. Several of them are gearing up for some aggressive thrust in retail lending.
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Brokers say buy Automobile Corp of Goa
12th August, 2005 18:27
Broking houses are bullish on Automobile Corp of Goa, ACGL. ASK-Raymond James has initiated coverage on the company with a 'BUY rating'. It has a target price of R
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Sensex will touch 8000 in Aug: Experts
12th August, 2005 17:54
Analysts are still confident that the markets will touch 8000 levels on the Sensex in August. However, they believe that this would happen on the back of the liqui
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Investors should wait and watch: Shah
12th August, 2005 17:42
Gaurang Shah of Geojit Financial Services believes that the Govt's decision on crude holds the key to market behaviour in the coming week.
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Rupee ends firm, bonds weak at close
12th August, 2005 17:24
The rupee closed firm at Rs 43.53 against its previous close of Rs 43.59 to the dollar. The rupee gained as foreign banks sold long dollar positions.
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Brokers put Buy rating on ICI India
12th August, 2005 17:12
Broking houses are bullish on ICI India. Batlivala & Karani Securities has initiated coverage on the company with a 'Buy rating'. It has a target price of Rs 367.
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Markets to bounce back on Tuesday: Analysts
12th August, 2005 17:11
The markets remained volatile today and analysts believe that investors are playing it safe and not taking risks before a three day weekend. However, a few analyst
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ICICI eyes rural credit for growth
12th August, 2005 16:58
After making its mark in the retail banking space, ICICI Bank has identified its future growth engine, the rural market. ICICI aims to reach out to 600 districts i
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Rate hike not needed: Deepak Parekh
12th August, 2005 16:46
HDFC chairman Deepak Parekh believes that there is no requirement to hike lending rates as of now. While, on the deposit front, rates may rise by a few basis point
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Broker Poll: Select picks for next week
12th August, 2005 16:45
A host of market experts reveal their favourite picks for the next week as well as for long term apart from what startegies to follow in a volatile market to Money
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Brokers optimistic about Dishman Pharma
12th August, 2005 16:36
Broking houses are bullish on Dishman Pharmaceuticals & Chemicals, DPCL. Tower Capital & Securities has recommended 'Buy rating' on the company.
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IDFC ends at a 104% premium to issue price
12th August, 2005 16:35
IDFC closed up 104.56%, or Rs 35.55 at Rs 69.55 on the BSE. The stock opened at Rs 49.90 on the BSE and at Rs 60 on the NSE. It was issued at Rs 34.
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Lupin looking at super generic drugs
12th August, 2005 19:33
From generics to super generics, that is the latest fancy at major drug companies. The Rs 12OO crore drug major Lupin is tweaking its US generic program.
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BSNL to avoid under sea cable to Singapore
12th August, 2005 18:19
BSNL is unlikely to proceed with a under sea cable to Singapore. It might hire capacity from the Tata owned VSNL and save a few hundred crores in the process.
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Japan jumps into top league of FIIs in India
12th August, 2005 17:52
The land of the rising sun is doing its bit to ensure that the sun does not set on the Indian equity markets. With an inflow of USD 1.5 billion, Japan has emerged
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Reliance MF buys HLL; sells Ashok Leyland
12th August, 2005 17:00
Reliance MF sold oil, auto, and cement stocks in July. HLL, Bharat Forge, and Hexaware were the top buys, while Ashok Leyland, BRPL, and Jaiprakash Associates were
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Brokers recommend buy on Astra Microwave
12th August, 2005 16:52
Broking houses are bullish on Astra Microwave Products, AMPL. Karvy Stock Broking has recommended 'Buy rating' on the company. It has a target price of Rs 355.
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Poll: Market bullish all through next week
12th August, 2005 16:46
Moneycontrol finds out from experts how markets will perform in the coming week. They say that the markets will open strong on Tuesday and that the bullish underto
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Asian markets close on a weak note
12th August, 2005 16:27
Asian markets closed weak. Japan's Nikkei average closed down 0.01% as investors locked in profits after shares rose to a four year high the previous session.
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