Moneycontrol News Archive

NAVs end with negative returns as mkts decline

19th August, 2009 22:25

Equity diversified NAVs ended lower with advance:decline ratio of 8:155, as the markets retreated on the back of selling in oil & gas, metal, cement, power, techno

Sterlite may raise Asarco bid to $2.1 bn: Sources

19th August, 2009 21:51

Sterlite plans to raise its bid for Asarco to nearly USD 2.1 billion, reports CNBC-TV18, qouting sources. The company has raised its bid to maintain participating

Mutual funds volunteer to cut exit load tenures to 1 yr 

19th August, 2009 20:30

The MF industry that has been hit hard with the abolition of entry load and the subsequent regulation of exit load finally found a platform to express its concerns

HDIL mgmt gives itself 1000% pay hike even as PAT fell 49% 

19th August, 2009 19:58

A massive 89% fall in stock price, over Rs 2,000 crore of debt rescheduled and sales drop by 30%—these statistics should have been enough to get most bullish manag

Air India Express redefines low cost aviation biz 

19th August, 2009 19:15

Air India is all set to redefine the low cost aviation business in India by offering free meals on board. Its low cost carrier Air India Express which operates onl

Adani Power lists today: Here's a strategy from experts

19th August, 2009 19:00

A power project development company Adani Power promoted by Adani Enterprises will list its equity shares on the bourses on August 20, 2009. Experts told moneycont

Experts differ on whether economy has turned the corner  

19th August, 2009 18:43

Suman Bery, Director General, National Council for Applied Economic Research (NCAER), feels the current recession will be one of longest than the one seen post the

Enter mkt near 14K, buy cement, midcap IT, auto: Experts 

19th August, 2009 17:32

R Amarnath of Centrum Capital feels investors can enter the markets around 14,000 with a two-three year perspective. He advises investors to enter frontline cement

Monsoon situation bad, efforts on to tackle drought: PM

19th August, 2009 17:23

Commenting on the nation’s monsoon condition, Prime Minister Dr Manmohan Singh says the situation is bad and the Government is putting in efforts to tackle drought

Glenmark may slip another 10%: Mitesh Thacker 

19th August, 2009 17:01

Mitesh Thacker, Technical Analyst, miteshthacker.com is of the view that one can see 10% downside in Glenmark Pharma.

Rubber prices trade at 9-month high 

19th August, 2009 16:57

The decline continued in the metal space. The steel future contracts in Shanghai were trading with 5% lower limits, so there was selling across ferrous and non-fer

Midcap IT can outperform: Mitesh Thacker 

19th August, 2009 16:53

Mitesh Thacker, Technical Analyst, miteshthacker.com is of the view that midcap IT is a very good segment to have some kind of long positions as it could outperfor

Buy auto, financials stocks on correction: S Sabharwal 

19th August, 2009 16:46

Sandip Sabharwal, CEO, Portfolio Management Services, Prabhudas Lilladher is of the view that one can buy auto, financials stocks on correction.

Hold Corporation Bank, target of Rs 404: Indiabulls Sec

19th August, 2009 16:39

Indiabulls Securities Research has recommended a hold rating on Corporation Bank with a price target of Rs 404. The research firm has valued the bank using discoun

Enter in frontline cement stocks on 5% fall: R Amarnath 

19th August, 2009 16:38

R Amarnath, ED & Head-Corp Finance at Centrum Capital is of the view that one can enter in frontline cement stocks on 5% fall.