Sensex likely to hover around 22,000; Cairn India, Hero, M M, Maruti top bets for 2014: Dr Vikas Gupta
Mar 22, 2014 at 16:06 | Source:
In an exclusive interview with Kshitij Anand of EconomicTimes.com, Dr. Vikas Gupta, Executive Vice President, Arthveda Fund Management Pvt Ltd, says that the markets are likely to hover around 22,000 in near term, and shares his outlook for some sec...
Nifty ends near 6,500; metals, realty, auto move higher
Mar 21, 2014 at 16:01 | Source:
MUMBAI: The Nifty ended a rangebound session on a flat-to-positive note led by gains in metals, realty and auto sectors. The index is likely to consolidate near current levels before next leg of upmove, say analysts. The 50-share index ended at 6,49...
Sensex opens in green on positive global cues; Axis Bank in red
Mar 21, 2014 at 09:56 | Source:
MUMBAI: The S&P BSE Sensex opened on a positive note led by gains in realty, power and capital goods sectors on the back of supportive cues from global peers. Shares of Axis Bank were in action after 9 per cent stake sale by SUUTI. "Expect market to...
Sensex opens in red; banks, capital goods, FMCG decline
Mar 20, 2014 at 10:41 | Source:
MUMBAI: The S&P BSE Sensex opened on a subdued note as sentiment in global markets turned bearish after the US Federal Reserve said it would cut its monthly purchases of US Treasuries and mortgage-backed securities to $55 billion, from $65 billion. ...
Sensex retreats from all-time high; Maruti, ONGC, RIL, SBI gain
Mar 18, 2014 at 14:46 | Source:
MUMBAI: The S&P BSE Sensex failed to stay firm today as traders resorted to profit booking after the benchmark hit an all-time high level. Oil & gas, power and FMCG were the top sectoral gainers while technology and realty lagged behind. "I do not w...
Stocks to watch: Maruti, NTPC, Orchid Chemicals, ONGC, IOC, Hero MotoCorp
Mar 18, 2014 at 09:11 | Source:
MUMBAI: The Indian markets are likely to open on a positive note as the global markets shrugged off concerns over Ukraine and Russia. The US and the European Union have imposed sanctions on a small group of officials from Russia and Ukraine after Cri...
Weekly roundup: Sensex snaps 3-week winning spree, drops 110 pts
Mar 15, 2014 at 21:32 | Source:
Even as the BSE benchmark Sensex breached 22K level during the week for the first time in the history, it snapped 3-week of gaining string, tumbling by 110 points to end at 21,809.80 due to profit booking following tightening of norms by Sebi.The Se...
Sensex erases early losses to end 35 points higher
Mar 14, 2014 at 18:21 | Source:
MUMBAI: The BSE benchmark Sensex today erased initial losses to end higher by 35 points at 21,809.80 on fag-end value buying by funds in blue-chip stocks, mainly in capital goods and realty sectors, amid inflation softening to nine-month low of 4.68...
LIC trims stake in Hero MotoCorp to 2.99%
Mar 14, 2014 at 17:25 | Source:
NEW DELHI: State-owned LIC has cut its stake in Hero MotoCorp to around 3 per cent by selling more than 2 per cent stake. The country's largest insurer offloaded 40,74,307 shares, constituting 2.04 per cent, in MotoCorp through an open market transa...
Hero launches Splendor iSmart in India at Rs 47,250
Mar 14, 2014 at 12:50 | Source:
New Delhi: The country's largest two-wheeler maker Hero MotoCorp today launched its all-new Splendor iSmart bike, equipped with stop-and-start i3S technology, priced at Rs 47,250 (ex-showroom Delhi). The Splendor iSmart, which was showcased at the re...
Sensex gets FII boost: Here s what experts are betting on in trade today
Mar 07, 2014 at 04:42 | Source:
NEW DELHI: The S&P BSE Sensex managed to rally over 100 points in trade on Thursday and is trading well above its closing high level of 21,337.67, led by gains in Reliance Industries, ICIC Bank, ONGC and HDFC. Tracking the momentum, the 50-share Nif...
Sensex opens in green; metals, banks, tech advance
Mar 04, 2014 at 10:56 | Source:
MUMBAI: The S&P BSE Sensex opened on a positive note led by gains in metals, banks and IT stocks after a profit booking session. According to analysts, the market is likely to remain choppy and take cues from developments between Russia and Ukraine....
Weekly roundup: Sensex, Nifty hit 5-week high on FII inflows, strong buying
Mar 01, 2014 at 18:07 | Source:
Rallying for the second week in a row, the stock market jumped by about 2 per cent on healthy buying in capital goods, pharma, auto and consumer durable shares on the back of sustained capital inflows.The benchmark indices - S P BSE Sensex and NSE C...
Hero MotoCorp launches operations in Turkey
Feb 27, 2014 at 20:00 | Source:
The country's largest two-wheeler maker Hero MotoCorp today launched its operations in Turkey by entering into a distribution agreement with Asya Makina. Asya Makina, a subsidiary of Soysal Group, would distribute Hero MotoCorp two-wheelers t...
Which one is a better bet? Hero MotoCorp or Bajaj Auto in two wheeler space
Feb 26, 2014 at 15:16 | Source:
NEW DELHI: Riding with high expectations of economy picking up in the second half of the year 2014 and reform push by the new government, analysts at top brokerage firms are seeing better value in the two-wheeler space. Within the auto space Bajaj Au...
Maruti investors oppose Suzuki's plant in Gujarat
Feb 25, 2014 at 20:06 | Source:
NEW DELHI: At least seven fund houses have raised a red flag over Suzuki's plan to set up a manufacturing facility in Gujarat and asked for a "rethink", arguing that the move is "neither fair" nor in the interest of its 56 per cent-owned Indian arm, ...
Nifty nears 6,150; ICICI Bank, Tata Steel, GAIL gain
Feb 21, 2014 at 11:16 | Source:
MUMBAI: The Nifty resumed its uptrend, after a brief one-day pause, and at was day's high on the back of supportive cues from peers. The global markets gained momentum after the US manufacturing activity, which hit its highest in nearly four years, ...
Sensex under pressure, Nifty tests 6100; top ten stocks in focus
Feb 20, 2014 at 10:31 | Source:
NEW DELHI: The S&P BSE Sensex plunged over 100 points in trade on Thursday, led by losses in metals, banks and capital goods on the back of negative cue from global peers. HSBC purchasing managers' index for China hit its lowest level in seven month...
Sensex at near-four-week closing high; volumes low
Feb 20, 2014 at 01:45 | Source:
MUMBAI (Reuters) - The BSE Sensex rose for a fourth consecutive session on Wednesday to mark its highest close in nearly four weeks, although amid low volumes, after software exporters such as Infosys gained on continued optimism about U.S. business....