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IMIC to acquire Cameroon-focused ore miner Afferro Mining for $190 mn

May 24, 2013 at 00:37 | Source: DomainB

In a deal sttruck today West Africa-focused iron ore miner Afferro Miningwill be acquired by British investment group International Mining and Infrastructure Corporation (IMIC) in a $190 million cash-and-paper deal. The acquisition comes three month...

Sensex cracks 387 as Japan falls; SBI, L&T lead losers

May 24, 2013 at 00:37 | Source: DomainB

Equity benchmarks plunged Thursday, as ripples of the crash in Japanese shares were felt across globe, with India being no exception. The mood was further soured by the weakness in the rupee and disappointing fourth quarter numbers from State Bank o...

Sensex tanks 400 points; Nifty below 6000 on global jitters

May 23, 2013 at 16:11 | Source: Economic Times

NEW DELHI: The S&P BSE Sensex plunged over 400 points in afternoon trade on Thursday, while the 50-share Nifty index slipped below its crucial psychological support level of 6000 following a sell-off in Asian markets. Most Asian markets ended the day...

Nifty rangebound; tech, metals, pharma advance

May 22, 2013 at 11:36 | Source: Economic Times

MUMBAI: The Nifty was moving in a narrow range after a firm opening on the back of positive cues from global peers on Wednesday. Technology, metals and healthcare sectors led the upmove while realty sector remained subdued. "After shedding some gain...

BSE Sensex crawls to new 30-month high as cap goods shine

May 17, 2013 at 19:02 | Source: DomainB

Indices continued their upward crawl Friday, but it is clear that the market needs a bigger dose of liquidity to be able deliver meaningful returns hereon. Capital goods, power and realty shares were in demand, while investors shunned those from the...

Sensex ends marginally up; Power, capital goods stocks jump

May 17, 2013 at 16:17 | Source: The Hindu BusinessLine

Mumbai, May 17: Indian markets ended the session on Friday marginally in the green due to buying by funds and retail investors in select stocks amid weak global cues. The 30-share BSE index Sensex was up 38.79 points (0.19 per cent) at 20,286.12 and...

BSE Sensex closes slightly up; bulls pause for a breather

May 17, 2013 at 13:47 | Source: DomainB

Shares crawled higher Thursday, as investors trade cautiously with benchmark indices quoting at their highest levels in nearly two-and-a-half years. Buyers shifted attention to mid-cap shares, as these are now beginning to look attractive relative t...

Sensex rises for 3rd day, up 34 pts as RIL, ICICI Bank gain

May 17, 2013 at 01:05 | Source: DNA India

Rising for third consecutive day, the BSE benchmark Sensex on Thursday advanced by 34 points to close at fresh 28-month high on good gains in heavyweight Reliance Industries and banking shares like ICICI Bank and HDFC Bank amid continued hopes of a ...

Sensex ends flat; Realty, oil gas stocks major gainers

May 16, 2013 at 16:32 | Source: The Hindu BusinessLine

Mumbai, May 16: Domestic markets ended the session flat on Thursday due to emergence of fresh selling pressure in select stocks amid weak European cues. The 30-share BSE index Sensex was up 34.31 points (0.17 per cent) at 20,247.27 and the 50-share ...

Nifty pares intraday gains after hitting 30-month high

May 16, 2013 at 13:16 | Source: Economic Times

MUMBAI: The Nifty pared most of intraday gains on Thursday after facing stiff resistance above the 30-month high level of 6,181. Gains in realty, healthcare and oil & gas sectors were offset by losses in FMCG, technology and auto sectors. According ...

Sensex up 50 points; Oil gas, healthcare stocks major gainers

May 16, 2013 at 12:32 | Source: The Hindu BusinessLine

Mumbai, May 16: Domestic markets were trading higher by over 0.2 per cent in the late morning session on Thursday led by oil gas, healthcare, banking and PSU stocks amid mixed Asian cues. At 11.40 a.m., the 30-share BSE index Sensex was up 50.18 poi...

Nifty hits fresh 30-month high; Sensex rallies above 20,300

May 16, 2013 at 12:06 | Source: Economic Times

NEW DELHI: The 50-share Nifty index scaled 6181 levels to hit its fresh 30-month high. The S&P BSE Sensex gained over 100 points in trade supported by strong rally in rate sensitive stocks. Investors added rate sensitive stocks to their portfolio on...

Sensex up 85 points; Oil gas, healthcare stocks jump

May 16, 2013 at 11:12 | Source: The Hindu BusinessLine

Mumbai, May 16: Domestic markets were trading higher by over 0.4 per cent in the late morning session on Thursday led by oil gas, healthcare, banking and PSU stocks amid mixed Asian cues. At 10.50 a.m., the 30-share BSE index Sensex was up 85.19 poi...

Nifty trades at fresh 28-month high; Sensex rallies 100 points

May 16, 2013 at 10:56 | Source: Economic Times

NEW DELHI: The 50-share Nifty index scaled 6181 mark to hit its fresh 28-month high, a level which was last seen on January 04, 2011. The S&P BSE Sensex gained over 100 points supported by strong rally in rate sensitive stocks. Investors added rate ...

BSE Sensex logs 490 pts gain; Nifty scores 150

May 15, 2013 at 18:17 | Source: DomainB

Equity benchmarks logged their biggest single day gain in 28 months, as India joined the ongoing party in emerging markets. The Sensex jumped 490 points to close at 20212.96, after touching a 28-month high of 20241.96 intra-day. The Nifty touched a ...

Lower inflation boosts St, Nifty bounces back, banks gain

May 15, 2013 at 09:31 | Source: FirstPost

Lower-than-expected inflation data seems to have boosted street sentiment as Indian markets opened in the green this morning. Even the RBI governor said on Tuesday he was "very happy" about lower headline inflation, and investors are perhap...

Top ten stocks under-owned by FIIs

May 15, 2013 at 04:47 | Source: Economic Times

NEW DELHI: Markets have been rallying on the back of global liquidity and fall in commodity prices, particularly gold and silver. A fall in commodity prices since April 10 is positive for India as gold and oil imports form a major chunk (nearly 82%) ...

Sensex starts on a cautious note ahead of inflation data

May 14, 2013 at 11:21 | Source: Economic Times

NEW DELHI: The S&P BSE Sensex rose 0.3 per cent in opening trade on Tuesday, led by gains in ITC, Infosys and BhartiAirtel. The 50-share Nifty index was hovering near its key psychological level of 6000. Markets bounced back smartly after yesterday'...

FIIs holding in Sensex companies at 8-yr high; promoters' stake down

May 14, 2013 at 08:31 | Source: Business Today

Bank of America-Merrill Lynch (BofA-ML) on Monday said with an estimated $10 billion pumped in during the March quarter, foreign institutional investors' (FIIs) holding in Sensex firms has touched an eight-year high, while the promoter stake in them...

Why Orissa mining may not go the Goa way

May 14, 2013 at 06:46 | Source: Economic Times

Three weeks ago, when the Supreme Court reopened the iron-ore mining door some more in Karnataka, miners in Orissa breathed a Rs 50,000 crore sigh of relief. Also in the dock for some offences of a similar nature, Orissa's iron-ore miners, who produc...

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May 23 2013, 16:33

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