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  • Have seen smart pullback in last two days 

    30th December, 2008 21:13

    [There was] good news second day on the trot. Last week was bad but yesterday we had an intraday pullback and today it was pretty much the same picture — maybe the

  • Surprise rally in Jan possible: Alchemy Cap 

    30th December, 2008 19:40

    KN Vaidyanathan of Alchemy Capital Management expects turbulence in the market going forward. However, he does not rule out the possibility of a surprise rally in

  • Decoupling theory: Fact or fiction? 

    30th December, 2008 19:21

    Markets around the world cascaded downward in 2008 as the sub-prime crisis and recession fears spread globally. It was a situation that casts doubt on one of the b

  • Angel neutral on Indraprastha Gas

    30th December, 2008 19:07

    Angel Broking has maintained its neutral rating on Indraprastha Gas (IGL). On account of the meltdown in the global markets and deteriorating fundamentals, the res

  • Dealers bullish on Re backed by return in risk appetite 

    30th December, 2008 18:40

    Prod dealers they are largely actually rupee bullish given the fact that a lot of the Asian currencies have risen and it’s expected that a bit of risk appetite wil

  • Rupee ends lower, bonds higher

    30th December, 2008 17:45

    The spot rupee ended lower at Rs 48.4700 per USD as against its previous close of Rs 48.42. The widely traded 8.24% 2018 paper closed higher at Rs 121.63 as agains

  • Who will protect Satyam minority shareholders now?

    30th December, 2008 17:24

    By resigning, all the directors have left the minority shareholder in the lurch. Since the existing management faces a crisis of confidence from the shareholders -

  • FIIs net sell USD 2.6 mn in equity on Dec 29

    30th December, 2008 17:11

    FIIs were net sellers to the tune of USD 2.6 million in equity on December 29, 2008, reports CNBC-TV18.

  • Are independent directors sleeping at the wheel?

    30th December, 2008 16:34

    A share buyback or a recast of the board, which Satyam is planning, may end the current turmoil but will still leave the larger question unanswered: Just what did

  • 2008: The Year That Was

    30th December, 2008 16:30

    Irrational Exuberance. Yes that’s how the year began. The bull market which had started during the last week of April ’03 was in full steam. Valuations were out of

  • Mkts breadth a bit more constructive this week 

    30th December, 2008 16:22

    The closing is around the 2,970 mark. Some of the stocks have given up a little bit of gains by the end of it all but still it will pass as a good day. Markets bre

  • Slowdown in CV sales hit auto JVs 

    30th December, 2008 16:19

    The slowdown in the sales of commercial vehicles has had an impact on the joint ventures that companies like Ashok Leyland, Eicher had forged with global auto majo

  • Lupin Labs targets five-fold sales growth in FY10 

    30th December, 2008 16:09

    Kamal K Sharma, MD, Lupin Labs, said generics have a fantastic future in the US, and Lupin is very well positioned to take requisite portion of that advantage into

  • Turnaround in the afternoon yet again 

    30th December, 2008 15:48

    It is the second good afternoon on the trot. Yesterday there was a very good intra-day recovery and today it’s the same picture; weak in the morning and then turna

  • See 2% CRR cut by June '09: StanChart 

    30th December, 2008 15:47

    Hemant Mishr, Head–Global Markets, Standard Chartered India, expects another 100 bps cut in the reverse repo and the repo to happen between now and the policy. "We

  • US markets open higher; Dow up 51.05 points

    30th December, 2008 20:04

    US markets have opened higher. The Dow Jones Industrial Average is up 51.05 points or 0.60% at 8,534.98. The Nasdaq up 8.31 points or 0.55% to 1,518.63 and S&P 500

  • Thinning wallets result in fewer takers for branded fuel 

    30th December, 2008 19:35

    The slowdown is pinching the wallet of Indian consumers who drive to work. There has been a steep fall in the sale of high-cost branded fuel. CNBC-TV18’s Katya Nai

  • LIC invests Rs 800 cr in land, commercial assets 

    30th December, 2008 19:14

    LIC has invested Rs 800 crore in land and commercial assets and the land parcels spread across 10-11 cities. These assets have been acquired through auctions by th

  • 2008 scorecard of asset classes and what to expect in 2009 

    30th December, 2008 18:47

    For most of investors, 2008 was a forgettable year. Will 2009 be better? On how 2009 may pan out for mutual funds, Balasubramanium CIO at Birla Sun Life said thin

  • Gold may trade in range of USD 855-895/oz 

    30th December, 2008 18:24

    Gold prices is trading off its 11-week highs right now. It may trade in USD 855/oz on the lower side to USD 895/oz on the higher.

  • See Nifty at 3100-3200 post Jan results: Deven Choksey  

    30th December, 2008 17:37

    Deven Choksey of KR Choksey Securities expects money to come back into the market and sees the Nifty rebounding to the 3,100-3,200 levels and the Sensex to 10,200

  • MF net buy Rs 161.6 cr in equity on Dec 29

    30th December, 2008 17:15

    Mutual Funds were net buyers to the tune of Rs 161.6 crore in equity on December 29, 2008, reports CNBC-TV18.

  • Support for Copper around USD 2820: Anagram

    30th December, 2008 16:58

    According to Anagram Research's Commodity Daily, support for Copper at around USD 2820 and resistance at around USD 3050 in its December 30, 2008 research report.

  • See $850-950/oz medium-term range for gold: Angel 

    30th December, 2008 16:31

    Naveen Mathur, Head, Angel Commodities, said the weakness in the dollar against all the major currencies, has been the driving force for the sharp rally in gold pr

  • Banking space looks attractive: N Mehta 

    30th December, 2008 16:24

    Nipun Mehta, Executive Director & Head-Private Banking at SG Private Banking India is of the view that banking space is looking attractive. A lot of the banks whic

  • Avoid aviation space: Choksey 

    30th December, 2008 16:20

    Deven Choksey of KR Choksey Securities is of the view that one can ignore aviation space.

  • Ambuja Cement adds 8 lakh shares in OI 

    30th December, 2008 16:14

    It has been a good day for the markets. Turnover remains on the lighter side – Rs 35,000 crore odd. Ambuja Cement from the big boys rallied about 4% odd – a good 8

  • Buy midcaps with long-term horizon: Birla Sun Life 

    30th December, 2008 15:58

    Mahesh Patil, Birla Sun Life feels corporate earnings for the next few quarters will be disappointing. However, he expects the markets, midcaps in particular, to r

  • RNRL adds 30 lakh shares in OI 

    30th December, 2008 15:48

    The entire Reliance pack is buzzing for the second day in a row. These ADAG stocks, RNRL back in focus, 30 lakh shares added there, good cost of carry on that coun

  • Buy Bharti Airtel, target of Rs 910: VCK Share

    30th December, 2008 15:35

    VCK Share and Stock Broking Services has maintained its buy rating on Bharti Airtel with a target price of Rs 910. The global bidding in 3G auctions, highly compet

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