Moneycontrol News Archive
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Suzlon Energy adds 33 lakh shares in OI 
6th August, 2009 20:44
Suzlon Energy added about 33 lakh shares in open interest. Indiabulls Real Estate traded about nearly 8% in the spot market with a build up of 18 lakh shares.
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Nifty fall looks like bout of profit-taking 
6th August, 2009 20:27
It was a late sell off for the market today, which led to the Nifty plunging 100 points to close below 4,600. Autos led the fall as stocks like Tata Motors, Maruti
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US markets open in green
6th August, 2009 19:13
At 19.11 hrs (IST) - The US markets opened in green. The Dow Jones Industrial Average was up 31.89 points, or 0.34%, to 9312.86. The Nasdaq was up 6.25 points, or
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Dangerous to remain in cash currently: CLSA 
6th August, 2009 19:00
Russell Napier, Strategist, CLSA, said the Chinese markets may deteriorate some more in the short-term. However, he was quick to add that will be offset by positiv
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Instanex FII Index down 1.85%
6th August, 2009 18:15
At close, the Instanex FII Index was down 1.85% at 327.92 (-2.25% at 3 pm) and the Instanex DII 15 portfolio was down 2.23% (-2.59% at 3 pm).
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IBM bags $400m Datacom Solutions deal: Sources 
6th August, 2009 16:32
IBM seems to have done it again. Sources tell CNBC-TV18 Kenan Machado that IBM may have won a USD 400 million outsourcing contract from Datacom Solutions, the tele
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Buy Balrampur Chini: Bose 
6th August, 2009 16:26
Technical Analyst, Rajat K Bose is of the view that one can purchase Balrampur Chini Mills."If at all there is a bounce back then maybe this stock is going to do w
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Looking to divest up to 49% in tower arm: TTML 
6th August, 2009 16:25
Mukund Rajan, MD, TTML, said the company is looking to divest up to 49% stake in its tower arm after receiving shareholder approval. "The tower business owns 2,000
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FinMin keen on early 3G auction 
6th August, 2009 20:36
CNBC-TV18 learns from sources that the finance minister is keen on an early decision on 3G auction, which has been delayed many times over. CNBC TV18’s Siddharth Z
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TTML launches GSM service Tata DoCoMo 
6th August, 2009 19:08
Tata Teleservices (Maharashtra) has launched its GSM service today in Mumbai and Maharashtra in an extremely competetive market. They have launched it under the br
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See uptick in lending, credit offtake: Bankers 
6th August, 2009 18:24
AC Mahajan, CMD, Canara Bank, said the bank saw a pick in credit offtake since July. He, however, was confident the bank’s NIMs would be close to 2.7%. He expects
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Rupee ends lower, bonds higher
6th August, 2009 18:15
The Indian rupee ended lower noting that shares ended weak and fall in major units versus dollar. Mild dollar demand from importers also weighed. Volumes were thin
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DCB has target of Rs 41: Bose 
6th August, 2009 16:35
Technical Analyst, Rajat K Bose is of the view that Development Credit Bank, DCB looks pretty good and has target of Rs 41 and then 45-47.
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Buy Mcleod Russel: Bose 
6th August, 2009 16:28
Technical Analyst, Rajat K Bose is of the view that one can buy Mcleod Russel for the medium term.
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India’s Skindia GDR Index down 0.55%
6th August, 2009 16:25
The main gainers are GAIL (+2.01%; weight 1.49%) and Grasim Industries (+0.25%; weight 3.86%) and the main losers were Ranbaxy (-3.39%; weight 0.38%), State Bank o
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