Moneycontrol News Archive

NCDEX - Trade details for January 12, 2009

12th January, 2009 20:42

At NCDEX, 439 members (1,984 Users) participated in trading on January 12, 2009 up to 5:00 pm and volumes were Rs 1,888 crore (one-way). There were more than 82,

Expect downtrend in WPI to continue: India Capital Mkts

12th January, 2009 20:19

The Headline Wholesale Price Index - WPI for the week ended December 27, 2008 has decreased to 5.91% against 6.38% in previous week (consensus was at 6.14%).

Price Waterhouse yet to repond to show cause notice: ICAI 

12th January, 2009 20:14

ICAI said there was the special meet of council held on Monday evening discussed Satyam issue. The council said it is a matter serious and this is a fraud by manag

Steel makers keep fingers crossed amid minor recovery

12th January, 2009 20:08

The New Year has begun with a positive buzz in the steel industry with demand for the metal picking up in a few product segments and its price also holding on afte

SBI Magnum contra bets on banking, cement, oil

12th January, 2009 19:58

SBI Magnum contra Fund increased its weightage to the banking & financial services, cements & constructions, oil & gas, while decreased its exposure to IT, consume

Punj Lloyd, ONGC, Bharti Airtel top sells: HDFC MF

12th January, 2009 19:49

HDFC Mutual Fund has reduced exposure to Oil & Gas, Information Technology and Telecommunication sectors while increased to Banking & Financial Services, Automotiv

Largecaps sell off on bad day

12th January, 2009 19:43

The Sensex and Nifty are both 3% down. So, we have closed today below the 2,800 mark on the Nifty and very close to 9,100 for the Sensex. We have seen a big setbac

Satyam scam, Q3 results to impact mkt ahead: Religare Sec 

12th January, 2009 19:18

Sangeeta Purushottam of Religare Securities said despite new board being appointed, Satyam will be merged with a stronger company. “It will be the best way to hand

Buy Axis Bank, target of Rs 670: IIFL

12th January, 2009 19:12

IIFL has recommended a buy rating on Axis Bank with a target of Rs 670. Axis Bank’s 3QFY09 net profits grew by an impressive 63%YoY to Rs 5 billion, significantly

Markets end in red: Nirmal Bang

12th January, 2009 18:55

According to Nirmal Bang's After Market Report, it was the day of heavyweights, which led the cracks in the benchmark indices. The Sensex has hit a low of 9,024. T

Ratnamani Metals Dec qtr PAT seen at Rs 23.2 cr: Sharekhan

12th January, 2009 18:19

Sharekhan has come out with its earning estimates on Pipes sector for the quarter ended December 2008. According to the research firm, Ratnamani Metals and Tubes n

Rupee ends lower, bonds higher

12th January, 2009 18:01

The spot rupee ended lower at Rs 48.84 per USD as against its previous close of Rs 48.30. The widely traded 8.24%, 2018 paper closed higher at Rs 117.40 as against

Satyam board hunts for CEO, CFO, audit firm 

12th January, 2009 17:51

The first meeting of newly-constituted members of beleaguered tech giant Satyam Computers Services ended on Monday. Deepak Parekh said, “We will appoint a new acco

Opto Circuits' subsidiary forges agreement with Micell

12th January, 2009 17:44

Opto Circuits’ subsidiary forges strategic agreement with US-based Micell for drug coating technology

Orient Paper Q3 PAT seen down at Rs 45.9 cr: Sharekhan

12th January, 2009 17:35

Sharekhan has come out with its earning estimates on Cement sector for the quarter ended December 2008. According to the research firm, Orient Paper and Industries