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  • NAVs close marginally higher

    5th June, 2009 23:13

    Equity diversified NAVs closed marginally higher with advance:decline ratio of 150:74. The benchmark indices ended with modest gains led by capital goods, technolo

  • Markets end week up; experts say undercurrent still strong 

    5th June, 2009 21:02

    TS Anantakrishnan, Director of Prime Wealth Management, said even as the market has rallied substantially, it may still have some steam left to take the Nifty to 4

  • Mkt uptrend still intact 

    5th June, 2009 20:57

    It was a volatile session, the last one of the week but the Nifty closed flat just below the 4600 mark. So the trend is still unbroken after multiple weeks. More t

  • Microsoft's newest vista: Tech Toyz analyses Windows7 

    5th June, 2009 20:45

    Microsoft opens another Window and Tech Toyz takes a sneak peek of it newest vista - Windows7. High maintenance or purely functional - there's a phone for every pe

  • Congress' NREGS expansion promise may not be govt priority 

    5th June, 2009 19:47

    The Congress’ promise of expanding entitlement under the National Rural Employment Guarantee Scheme (NREGS) has not become a government commitment. CNBC-TV18’s Eco

  • MFs net sell Rs 402 cr in equities on June 04

    5th June, 2009 19:16

    On June 04, 2009, mutual funds (MFs) were net sellers to the tune of Rs 402 crore in equities. They made gross purchase of Rs 804.70 crore and gross sales of Rs 12

  • Aluminum inventory at record highs of 4.2 mn tn 

    5th June, 2009 19:05

    For aluminum, the record high inventories is one thing that the markets are cautious of. At 4.2 million tonne, aluminum inventory stand at record highs.

  • Montek Singh reappointed Deputy Chairman of Planning Comm

    5th June, 2009 18:48

    Montek Singh Ahluwalia has been reconstituted as the Deputy Chairman of the Planning Commission. The government also retained Abhijit Sen, Syeda Hameed and B K Cha

  • Reduce Infosys Tech, target of Rs 1400: IIFL

    5th June, 2009 18:33

    IIFL has maintained its reduce rating on Infosys Technologies with a target of Rs 1400. Infosys’s current valuations offer limited upside.

  • Mitsubishi Outlander- 1st BS IV Certified Premium SUV

    5th June, 2009 18:24

    Automobile Research Association of India (ARAI) has certified that HM-Mitsubishi Motors’ ‘Outlander’ has surpassed the BS IV (Bharath Stage Four) emission norms wi

  • Fortis to buy Wockhardt Hospitals for Rs 970cr 

    5th June, 2009 18:17

    What began as a stake buy, has now turned out to be a complete buyout of the Wockhardt Hospitals. Fortis Healthcare is all set to buy out Wockhardt Hospitals for a

  • Motilal Oswal neutral on HCC

    5th June, 2009 17:58

    Motilal Oswal has maintianed its neutral rating on Hindustan Construction Company with a target price of Rs 88. HCC’s debt in FY09 stands at Rs 23 billion, includi

  • Rupee has resistance at 47.50-47.60/$: Commtrendz

    5th June, 2009 17:42

    According to Commtrendz Research's report on Indian Rupee, immediate supports are at 46.8-46.9 followed by 46.40-46.50. Immediate resistance falls around 47.50-47.

  • Instanex FII Index up 0.77%

    5th June, 2009 17:08

    At close, the Instanex FII Index was up 0.77% at 320.47 (+0.85% at 3 pm) and the Instanex DII 15 portfolio was up 0.31% (+0.14% at 3 pm). Sensex was 0.63% (+0.57%

  • Buy LIC Housing, target of Rs 666: IIFL

    5th June, 2009 17:00

    IIFL has maintained its buy rating on LIC Housing Finance with a target of Rs 666. The company plans to raise Rs 5 billion through a QIP.

  • 11th Plan needs rejig: Planning Commission 

    5th June, 2009 21:36

    Abhijit Sen, Member, Planning Commission in an exclusive interview with CNBC-TV18 said that there were huge technical issues on the planning side and added that th

  • BSNL staff union open to discussing IPO plans

    5th June, 2009 21:00

    In what could be a softening of stance, the employees union of Bharat Sanchar Nigam Ltd (BSNL) said that it was prepared to discuss the company’s proposal for an I

  • GOSS: Akki gets a new hairstyle

    5th June, 2009 20:56

    If Aamir Khan can sport a new hairstyle in every film, why not the others? So when I heard that Akshay Kumar was all set for a long haired look for his forthcoming

  • Housing Min may get Rs 5000-10000 cr in Budget: Sources 

    5th June, 2009 20:31

    It is a very ambitious target that the President of India had outlined yesterday and in line with that it is going to require a large corpus to actually execute a

  • FIIs net buy Rs 670.60 cr in equities on June 04

    5th June, 2009 19:21

    On June 04, 2009, foreign institutional investors (FIIs) were net buyers to the tune of Rs 670.60 crore in equities. They made gross purchase of Rs 3626.10 crore a

  • US markets open higher; Dow up 65 points

    5th June, 2009 19:08

    At 19.03 hrs (IST)- The US markets opened higher. The Dow Jones Industrial Average was up 65.10 points, or 0.74%, to 8,815.34. The Nasdaq was up 11.83 points, or 0

  • Sugar prices to see 5% uptick in 6-8 months: Rabo 

    5th June, 2009 18:54

    S Venkatraman, Director and Head of Food & Agriculture Business Research & Advisory at Rabo India Finance Ltd in an interview with CNBC-TV18 said that he expected

  • Sell Nalco: IIFL

    5th June, 2009 18:40

    IIFL has maintained its sell rating on National Aluminium Company, Nalco. Nalco’s production costs unlikely to come down materially. Aluminium and alumina sales vo

  • To raise Rs 300cr through QIP: DHFL 

    5th June, 2009 18:31

    Kapil Wadhawan, Vice CMD, Dewan Housing Finance Limited (DHFL), said the company is raising about Rs 300 crore. “We will raise Rs 300 crore additional capital thro

  • Nakoda Textile plans major capacity expansion by Sept 09

    5th June, 2009 18:19

    Nakoda Textile Industries Ltd (NTIL) has finalised plans for substantial expansion in its texturising capacity from existing level of 1070 metric tones per annum (

  • Rupee ends higher, bonds lower

    5th June, 2009 18:16

    The Indian rupee ended higher as banks sold dollars for FIIs and exporters. But, dollar demand from importers and banks' short covering limited the rise. Some PSU

  • Montek Singh Ahluwalia may retain post at Planning Comm 

    5th June, 2009 17:47

    The government is expected to appoint new members to the Planning Commission soon. A notification regarding this is expected today. Montek Singh Ahluwalia is expec

  • 3i Infotech to merge with BPO arm 

    5th June, 2009 17:09

    Anirudh Prabhakaran, COO, 3i Infotech, said the company was planning to merge its BPO business into 3i Infotech BPO, a wholly owned subsidiary. In FY09, the BPO se

  • Buy DLF, target of Rs 488: IIFL

    5th June, 2009 17:04

    IIFL has recommended a buy rating on DLF with a price target of Rs 488. DLF intends to generate over Rs 35 billion via asset sales in FY10.

  • IFCI sheds 63 lakh shares in open interest 

    5th June, 2009 16:56

    IFCI cut about 63 lakh shares in open interest after a 15% build up of open interest yesterday. RNRL cut about 44 lakh shares in open interest.

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