Moneycontrol News Archive

Obama nominates Bernanke for second term as Fed chief

25th August, 2009 21:01

US President Barack Obama has nominated Ben Bernanke for a second term as chairman of the Federal Reserve. The appointment will have to be cleared by a senate comm

Mkts end marginally higher despite China scare

25th August, 2009 20:30

It was a good day for Indian markets considering the kind of global cues it began with. The global slump continued and weighed heavily on the markets.

Wall Street opens in green

25th August, 2009 18:56

At 19.02 hrs (IST) - The US markets opened in green. The Dow Jones Industrial Average was up 24.19 points, or 0.25%, to 9,533.47. The Nasdaq was up 7.61 points, or

MFs net buy Rs 416 cr in equities on Aug 24

25th August, 2009 18:30

MFs (mutual funds) were net buyers to the tune of Rs 416.10 crore in equities on August 24, 2009. They made gross purchase of Rs 995.80 crore and gross sales of Rs

Rupee has support at 48.40/48.30/$: Commtrendz Research

25th August, 2009 18:23

Active MCX-SX INR August 2009 rupee futures closed at 48.78 and September 2009 futures closed towards 48.87 a dollar. According to Commtrendz Research's report, im

Rupee ends lower, bonds higher

25th August, 2009 18:10

The Indian rupee ended lower as banks bought dollars to meet month-end needs from oil companies and other importers. But, banks sold dollars for exporters and as s

Tata Motors adds 11 lakh shares in OI, up 7% 

25th August, 2009 17:55

Couple of individual stocks in the largecaps was buzzing in the trade today. Tata Motors was up about 7% in the spot market and added about 11 lakh shares in open

EGoM to take decision on curbing sugar prices 

25th August, 2009 17:41

Sugar was in focus today. The sugar prices went up quite strongly and government had been trying to control the prices. As per the meeting today, Sharad Pawar has

Instanex FII Index up 0.12%

25th August, 2009 17:07

At close, the Instanex FII Index was up 0.12% at 332.27 (+0.25% at 3 pm) and the Instanex DII 15 portfolio was also down 0.03% (+0.16% at 3 pm).

NIIT looks very strong: Manas Jaiswal 

25th August, 2009 16:54

Technical Analyst, Manas Jaiswal of Motilal Oswal Securities is of the view that NIIT looks very strong on the charts.

Exit Rolta, says Dipan Mehta 

25th August, 2009 16:30

Dipan Mehta, Member, BSE & NSE is of the view that one should exit Rolta.

Skindia GDR Index up 0.30%

25th August, 2009 16:20

The main gainers are Ranbaxy (+4.33%; weight 0.49%), Reliance (+2.60%; weight 14.72%), Grasim (+1.11; weight 3.66%) weight and the three losers are Mahindra & Mahi

Stimuli pkgs slowed down US' recovery: Steve Hanke 

25th August, 2009 16:12

Steve Hanke, Professor of Applied Economics at the Johns Hopkins University and a senior fellow at the Cato Institute, says there should never have been a fiscal s

Kirloskar Brothers may transfer investments to subsidiary 

25th August, 2009 16:08

R K Srivastava, Wholetime Director of Kirloskar Brothers, commenting on Kirloskar Brothers' plan to transfer some of its investments to Kirloskar Bros Investments,

Sensex up for 4th consecutive day, ends with marginal gains

25th August, 2009 15:41

The Nifty closed marginally higher and continued its uptrend for the fourth consecutive session. Technology, pharma, power and heavyweights like Reliance Industrie