Moneycontrol News Archive
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Rupee and bonds gain strength
2nd June, 2005 17:24
Rupee and bonds firmed. Rupee ended firm on long liquidation by banks as dollar weakened overseas.
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Ranbaxy, IDBI, Bata, Lupin, Hindalco, TCS...
2nd June, 2005 16:50
Technical Analyst, Prakash Gaba discusses Ranbaxy, IDBI, Bata, Lupin, Hindalco, Maruti, and TCS.
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Asian markets close mixed
2nd June, 2005 16:40
Asian markets closed mixed. Japan's Nikkei average ended down 0.44% today as investors booked profits after a five day winning streak.
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Definitely a bearish spread: Jawalkar
2nd June, 2005 16:34
Ashwini Jawalkar of Prabhudas Lilladher feels that a lot of short positions have been created today. Until 3 o'clock, around 17 lakh shares have been added in the
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Market slide may be limited: Jamshed Desai
2nd June, 2005 16:22
Jamshed Desai of IL&FS Investsmart says that the market's correction, on the back of falling steel prices, may not be very deep, despite the fall witnessed today.
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Bombay Dyeing is a long term play, says Jain
2nd June, 2005 16:13
Hardik Jain is of the view that long term investors can buy Bombay Dyeing and Manufacturing at current levels by keeping a stoploss of Rs 290. The stock can move
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Steel stocks: Drop it if you haven't already
2nd June, 2005 15:57
International steel prices have witnessed a sharp fall. Massive inventory pile up and demand slowdown in China have led to this fall. However, analysts views are m
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Make a hassle-free health insurance claim
2nd June, 2005 15:43
Buying medical insurance is a matter of a few days…but making a claim can run into months. The reason – slip-ups in the procedures. Moneycontrol helps you steer cl
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Titan will hit Rs 350-375 in 2 months: Jain
2nd June, 2005 15:21
Hardik Jain is of the opinion that technically and fundamentally, Titan Industries looks poised to touch Rs 350-375 levels. He suggests buying at every correction.
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Stay invested in Bajaj Auto: Mehta
2nd June, 2005 15:05
Dipan Mehta is of the view that Bajaj Auto is attracting a lot of attention in the auto sector and that investors must stay invested in it.
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Maruti to show gains in 6-12 months
2nd June, 2005 14:53
Dipan Mehta is of the opinion that Maruti's strategy, to take the customer up the value chain, will pay off in long term. Investors must hold it for 6-12 months to
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Markets weak: Metal, oil, & tech down
2nd June, 2005 14:22
The market continues to trade lower due to selling in metal, FMCG, technology, oil, auto, banking and select pharma stocks. Capital goods stocks however are witnes
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Yes Bank finalises price band for IPO
2nd June, 2005 17:20
Yes Bank is entering the capital market with its IPO on June 15, 2005. It is offering offer 70 million equity shares of Rs 10 each for cash, through the 100% book-
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Ignore midcaps, buy equity funds: Kumar
2nd June, 2005 16:58
Dhirendra Kumar of valueresearchonline.com says that it is best to ignore midcaps. It is far safer to invest in diversified equity funds, which anyways have a dece
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Exit Shipping Corporation of India: Jain
2nd June, 2005 16:43
Hardik Jain is of the view that Shipping Corporation of India will remain rangebound until a fundamentally positive news triggers it. His suggestion is to exit it
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Ruchi Soya is going to correct, book profits
2nd June, 2005 16:37
Hardik Jain is of the view that technically Ruchi Soya Industries looks overbought. It is likely to correct minimum by Rs 25-30. He suggests exiting it and re-ente
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Capital expansion to yeild Rs 55cr: SPL Ind
2nd June, 2005 16:19
The IPO of SPL Industries will be used to fund the company's capital expansion and capacity increase. The company plans an increase in its fabrics and knitted garm
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Suven Pharma eyes 30% growth this year
2nd June, 2005 16:01
Suven Pharma is very satisfied with its developments during the past three years. The company plans for a 30% growth this year and 40-50% growth for the next year,
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Base metal prices to decline: Citigroup
2nd June, 2005 15:50
Even as Indian metal producers cut prices yesterday, global copper prices rose despite a surging dollar. US copper futures lurched up yesterday. Alan Heath, Chief
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Tourism booms, profits rise: Thomas Cook
2nd June, 2005 15:38
The tourism industry seems to be going through a good phase. With the launch of new airlines and the slash in ticket prices, Ashwini Kakkar, MD, Thomas Cook expect
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China on the road to a bear market: CFC
2nd June, 2005 15:17
Even as the Chinese government launches its disinvestment programme, the stock markets are seeing a bout of selling. Industry is also up against production and imp
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CRAM space looks attractive: LKP Shares
2nd June, 2005 15:13
S Ranganathan, Pharma analyst at LKP Shares & Securities feels that the Contract Research and Manufacturing, CRAM, space holds a lot of promise.
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Subsidy issues must be transparent: Tulsian
2nd June, 2005 15:00
Investment Advisor, SP Tulsian is positive that even with a hike in the oil prices, companies like ONGC and OIL India should be able to share the burden of subsidy
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EU vote not to affect euro hugely: ABN Amro
2nd June, 2005 14:46
The French and Dutch vote against the new European Union constitution may weaken the euro slightly, to about 1.35-1.39 per dollar, but there is no grave risk to th
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BEML down on large volumes
2nd June, 2005 14:12
BEML has touched a 52-week high of Rs 724. At 2 pm, the share is quoting at Rs 690.25, down Rs 14.8, or 2.1% .
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