In a fresh sign of continuing pressure on Egypt's economy, the country's foreign reserves declined 10 per cent last month to fall below the critical threshold of three months import cover.
While, Nifty languished below the 5950 mark, cuts in midcaps got deeper in the late afternoon trade. At 14.39 PM, the Sensex was down 87.03 points or 0.44% at 19552.69, and the Nifty was 27.20 points or 0.46% at 5932.00.
Prabhudas Lilladher is bullish on Apollo Tyres and has recommended accumulate rating on the stock with a target of Rs 100 in its February 6, 2013 report.
Jyothy Consumer Products at its meeting held on February 07, 2013, has appointed Mr. Dinesh Ladwa as the Compliance Officer of the Company with effect from January 01, 2013.
Varun Shipping has announced its third quarter results. The company's Q3 net loss was at Rs 14 crore versus profit of Rs 82.5 crore, year-on-year, YoY.
Prabhudas Lilladher has come out with its report on banking sector. The research firm says Axis Bank, ICICI Bank remains top large-cap picks and Federal Bank, JK Bank are top mid-cap picks and PNB remains preferred PSU bank.
Spot silver rates advanced in major metros in India. In Chennai market, Pure silver (999 purity) was up Rs 300 at Rs 58000 and in Jaipur market it was up Rs 300 at Rs 58700.
Cometh the market rally, cometh the M&A. Liberty Global, the business of pioneering US cable guy John Malone is readying a bid for Virgin Media, expected to value the UK-focused broadband business at more than $20bn.
Chromebooks haven't been known for their extravagence. On the contrary, the notebooks are known for their relatively less expensive prices. However,
INDIA-AIRSHOW-EUROCOPTER:Airshow: Eurocopter plans to produce helicopters in India
2013 India Bike Week
Prices of gold were trading higher in major metros in India. In Ahmedabad market, Standard gold (995 purity) was up Rs 250 at Rs 30805 and pure gold (999 purity) was up Rs 250 at Rs 30930.
Centre asks Maha to act against Togadia for hate speeches
LPG cylinders get costlier in Uttarakhand
Teenaged siblings found murdered
Centre announces crisis centres for women victims of violence
ATHLETICS-LONDON-BOLT:London event drops taxes to lure Bolt for July meet
Two GNLA militants killed in encounter in Assam
Avance Technologies has reported a standalone sales turnover of Rs 32.19 crore and a net profit of Rs 0.11 crore for the quarter ended Dec '12
Uniroyal Industries has reported a sales standalone turnover of Rs 5.98 crore and a net profit of Rs 0.53 crore for the quarter ended Dec '12
LT Foods has announced its third quarter results. The company's Q3 net profit was up at Rs 14 crore versus loss of Rs 8.7 crore, year-on-year, YoY.
TT has reported a sales standalone turnover of Rs 126.44 crore and a net profit of Rs 1.00 crore for the quarter ended Dec '12
Shalimar Wires Industries has reported a sales standalone turnover of Rs 22.29 crore and a net profit of Rs 1.49 crore for the quarter ended Dec '12
Seasons Textiles has reported a sales standalone turnover of Rs 8.91 crore and a net profit of Rs 0.23 crore for the quarter ended Dec '12
Schrader Duncan has reported a standalone sales turnover of Rs 13.12 crore and a net loss of Rs 1.50 crore for the quarter ended Dec '12