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Nifty up 2%; metal, realty, banks, cap goods, auto shine

21st June, 2010 12:04

At 12.02 hrs IST, the Sensex was inching towards 18000 with positive bias. The markets posted a stupendous rally ahead of the opening day of expiry week after news
Metal stocks surge on China's new yuan policy

21st June, 2010 11:57

Stocks and commodities jumped on Monday and US Treasuries fell as investors bet China will allow the yuan to rise after promising more currency flexibility, easing
Direct Taxes Code v2.0: A developing story

21st June, 2010 11:54

By Sunil Jain, Partner, JSA
See debt at Rs 800cr from Rs 1800cr post CDR: Maytas Infra

21st June, 2010 11:47

Maytas Infrastructure has tied up with the Saudi Bin Laden Group, a West Asian construction conglomerate, for a strategic partnership.
Monsoon rains reach soybean region

21st June, 2010 11:18

India's monsoon rains have reached some regions of Gujarat, a leading producer of soybeans, the country's weather office said in its latest forecast.
Riskmetrics recommends Parkway investors okay Khazanah bid

21st June, 2010 11:18

RiskMetrics, an independent advisory firm, said on Monday that Parkway Holdings investors should approve a proposal allowing a partial takeover bid by Malaysian so
US lawmakers not ready to let China off hook

21st June, 2010 11:18

China's signal that it will ease its currency's 23-month-old peg to the dollar will spare the country from US lawmakers' wrath only if it opens the door to signifi
Dollar to scale back 5-7%: Macquarie Sec

21st June, 2010 11:10

China's move to end pegging the yuan at a fixed rate to the dollar will strengthen the domestic market, said Richard Gibbs, Global Head, Macquarie Securities, in a
Nifty upside capped at 5400-5500 levels: Sampriti Capital

21st June, 2010 10:44

The upside for the Nifty is capped at 5,400-5,500 levels, said Sandeep J Shah, CEO, Sampriti Capital. "If the environment stays benign, then we could go back to 5,
Maruti to launch CNG variants across all categories

21st June, 2010 10:40

Ajay Seth, CFO, Maruti Suzuki, said sale in the eurozone is an area of concern for the company. However, he quickly added that it will compensate for the loss in e
See Nifty heading towards 5450 in coming months: KR Choksey

21st June, 2010 10:35

In an interview with CNBC-TV18, Deven Choksey, MD, KR Choksey Securities, speaks about the markets and gives his outlook going forward.
Anu Jain's top picks for trade today

21st June, 2010 10:27

Anu Jain, Vice President of IIFL Private Wealth Management is bullish on JSPL, Cummins, Sintex, Exide Industries and Sterlite. She advises traders to buy into thes
MTNL has resistance at Rs 66: Anu Jain

21st June, 2010 10:20

MTNL has resistance at Rs 66, says Anu Jain, Vice President - IIFL Private Wealth Management, India Infoline.
Punj Lloyd has resistance at Rs 128: Anu Jain

21st June, 2010 10:13

Punj Lloyd has resistance at Rs 128, says Anu Jain, Vice President - IIFL Private Wealth Management, India Infoline.
Gold to trade positive today: Nirmal Bang

21st June, 2010 10:04

Nirmal Bang has come out with a research report on commodities. The broking firm is expecting the gold to trade positive for the day.

Buy SKF India; target of Rs 513: IIFL

21st June, 2010 12:01

IIFL Research is bullish on SKF India and has recommended buy rating on the stock with a target of Rs 513, in its June 21, 2010 research report.
Simple strategies to help you create wealth

21st June, 2010 11:55

All of us want to create wealth fast and with ease too. This does not require any great efforts or skills. All you need to do is to develop the right habits, says
DQ Entertainment in co-production with Neo Network; stk up

21st June, 2010 11:50

DQ Entertainment International is in co-production with Neo Network, reports CNBC-TV18. It touched an intraday high of Rs 102.95 and an intraday low of Rs 98. At 1
Maytas Infra says CDR cell approves debt restructuring

21st June, 2010 11:24

The corporate debt restructuring cell has approved the debt restructuring proposal for Maytas Infrastructure, the firm said in a statement late on Sunday.
Aditya Birla Group may bid for Rio Tinto Alcan unit

21st June, 2010 11:18

Aditya Birla Group is evaluating the possibility of bidding for the rolled products division of Rio Tinto Alcan to boost sales in the United States and Europe, the
Komorowski leads race to Polish presidency

21st June, 2010 11:18

Poland's acting head of state, Bronislaw Komorowski, won most votes in an election on Sunday that was forced by the death of President Lech Kaczynski in a plane cr
Asia stocks, currencies jump on China yuan shift

21st June, 2010 11:18

Asia stocks, currencies jump on China yuan shift
Jyothy Lab approves fund raising upto Rs 300cr; stk up

21st June, 2010 10:50

Jyothy Laboratories board has approved fund raising of upto Rs 300 crore via QIP, reports CNBC-TV18. It touched a 52-week high of Rs 263.25. At 10:46 hrs the share
Suryachakra Power arm starts trial run; stk up 5%

21st June, 2010 10:44

Suryachakra Power Corporation arm has started trial run at its 10 MW biomass power plant, reports CNBC-TV18. It touched an intraday high of Rs 18.40 and an intrada
Buy 70 call of JP Power: VK Sharma

21st June, 2010 10:37

Buy 70 calls of Jaiprakash Power Ventures, says VK Sharma, Head Private Broking & Wealth Management at HDFC Securities.
Astec Life in pact to supply herbicide to agrochemical co

21st June, 2010 10:32

Astec Lifesciences is in pact to supply herbicide to Agrochemical Company, reports CNBC-TV18. It touched an intraday high of Rs 70.55 and an intraday low of Rs 66.
Hindalco Industries advances 4%

21st June, 2010 10:25

Hindalco Industries touched an intraday high of Rs 152 and an intraday low of Rs 146.70. At 10:22 hrs the share was quoting at Rs 151.35, up Rs 6.05, or 4.16%.
Sensex surges 300 pts; all sectoral indices in green

21st June, 2010 10:20

At 10:15 hours IST, the benchmark Sensex extended gains on further rise in Asian markets. People's Bank of China (PBoC) announced that the Renminbi exchange rate w
Rupee at 1 month high on yuan revaluation hopes

21st June, 2010 10:09

The rupee rose to its strongest level in more than a month on Monday morning after China said over the weekend it would let its currency appreciate gradually in a
China's yuan move positive for mkts, exports: Envision Cap

21st June, 2010 10:00

Over the weekend, China signalled an end to the yuan's fixed rate against the dollar. The People's Bank of China said in a statement that the decision to end the y

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