With no immediate inflows lined up today and on the back of a stronger dollar, the rupee is likely to be under pressure, says Ashish Vaidya, UBS.
On February 07, 2013 HDFC Trustee Co Ltd A/C HDFC Midcap Opp Fund sold 831,188 shares at Rs 63.
On February 07, 2013 HDFC Mutual Fund bought 365,000 shares of Greenply Industries at Rs 408. In the previous trading session, the share closed at Rs 408.05, down Rs 1.90, or 0.46%.
The Nifty is drifting lower as expected; however this drifting is difficult to trade. The next area of crucial supports are 5900 and 5850 - 5840 zones, says Technical Analyst, Mohit Gaba.
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Pfizer | Hathway Cable | GE Shipping | MRF | NDTV | Bombay Dyeing | Shasun Pharma | Subex | Anant Raj Industries | Aurobindo Pharma | Ambuja Cements | NTPC | Glenmark | Arvind and Indiabulls Financial are stocks, which are in the news today.
Hedge-fund star manager David Einhorn was arguably Apple Inc's biggest cheerleader on Wall Street with a stake worth about USD 600 million and an oft-cited prediction that the company's market value would hit USD 1 trillion some day.
Asian shares were capped on Friday after European Central Bank President Mario Draghi noted risks still facing the euro zone economy, turning investor sentiment more cautious ahead of Chinese trade data for January due out during the session.
A CNBC-TV18 poll sees M&M posting 30% revenue growth backed by a steady 11% growth in volumes. The company is expected to post higher realisations due to sequential improvement in product mix.
The United States and Britain will by mid-year levy more fines against those alleged to have been involved in interest rate rigging, with broker ICAP and US bank Citigroup among names in the spotlight, sources close to the probe said.
The US stocks finished well off their earlier lows in volatile trading as techs recovered, but brewing worries over Europe kept a damper on gains. The CBOE volatility index rose to close above 13.
Gold fell further on Friday as the euro weakened on renewed concerns over the health of the euro zone economy, while investors eyed China trade data for more trading cues.
F&O cues: Total Puts added 35.8 lakh shares in Open Interest and Total Calls added 25.7 lakh shares in Open Interest.
The US Federal Reserve said on Thursday it was still working to determine the extent its computer systems had been breached by hackers, adding that the incident was the subject of a criminal probe by the Federal Bureau of Investigation.
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US agencies cleared Boeing Co to restart test flights of its grounded 787 Dreamliner in order to get more data on potentially faulty batteries, but they also demanded a closer look at how the batteries were approved, which may delay resuming delivery of Boeing's newest aircraft.
Tata Steel Europe said it is investing 2.3 million euros at its IJmuiden facility in the Netherlands to develop next-generation steels for the auto industry that are lighter, stronger and better able to withstand crashes.
At 7: 49 am (IST), Asian markets were trading mixed. Shanghai Composite was up 0.18%, Hang Seng was flat at 23,188.25 and Nikkei shed 1.34%.
LinkedIn Corp. on Thursday reported better-than-expected quarterly revenue of USD 303.6 million, an 81 percent rise from a year ago, as millions of new job-seekers and corporate recruiters signed up for the professional social network's services.
US stocks slipped on Thursday, taking a step back from their recent advance, prompted by comments by the ECB president on the euro and Europe's outlook.
The number of Americans filing new claims for jobless benefits fell last week and a trend reading hit a near five-year low, signs a grinding recovery in the labor market remains on track.
During the first half of the period between 13:00 to 14:30, Nifty may beup, and during the second half of the aforementioned period, it may remain down says Dharmesh Joshi of Ganeshaspeaks.
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