KEMFIN SERVICES sells 5.35 lakh shares of Splash Media
On March 24, 2011 KEMFIN SERVICES PVT LTD sold 535,000 shares of Splash Media at Rs 35.15 on the BSE. Yesterday the share closed at Rs 35.05.
Usha Martin to raise USD 125 million via ECB; stock rises 6.5%
Usha Martin is going to raise USD 125 million via ECB route to finance expansion plans, reports The Financial Express. It touched an intraday high of Rs 62 and an intraday low of Rs 58.30. At 09:28 hrs the share was quoting at Rs 60.50, up Rs 3.70, or 6.51%.
PRECIOUS EMERGING MARKET sells 3 lakh shares of Ravi Kumar Dist
On March 24, 2011 PRECIOUS EMERGING MARKET INDIA PRIVATE LIMITED sold 150,000 shares of Ravi Kumar Dist at Rs 39.90 on the NSE and sold 150,000 shares at Rs 39.91 on the BSE. Yesterday the share closed at Rs 39.30.
TCS bags order from Shanghai Rural Commercial Bank
Tata Consultancy Services (TCS) has bagged order from Shanghai Rural Commercial Bank to implement Core Banking solution, reports The Financial Express. It touched an intraday high of Rs 1,116.85 and an intraday low of Rs 1,103.75. At 09:21 hrs the share was quoting at Rs 1,108, up Rs 14.60, or 1.34%.
Hindustan Zinc ups zinc price by Rs 1200 a tonne; stock up
Hindustan Zinc has increased zinc price by Rs 1200 a tonne to Rs 120800 and lead prices by Rs 4400 to Rs 139600, reports DNA Money. It touched an intraday high of Rs 137.20 and an intraday low of Rs 134.35. At 09:19 hrs the share was quoting at Rs 136.20, up Rs 3.05, or 2.29% on the NSE.
Strong global cues lift Nifty above 5550
Indian equity benchmarks rallied smartly in opening trade, with the Nifty inching up gradually towards the 5600 level, supported by strong global cues. Infrastructure, banking, oil & gas, technology, realty and metal companies' shares were pushing up the markets.
Expect rupee to appreciate further: Karvy
Karvy Stock Broking expects the rupee to appreciate further on the back of strong inflows into equity and debt markets, according to its morning report.
Rupee opens at 44.66 per dollar
The Indian rupee opened at 44.66 per dollar versus 44.75 yesterday.
Money Market Operations as on March 24, 2011
Money Market Operations as on March 24, 2011
Crude slips below $ 105 per barrel
Crude prices saw some profit booking- Nymex prices slipped below USD 105 per barrel. The west Asian situation fueled volatile trade in oil, which fell from the session highs of USD 106 per barrel, while Brent retraced from previous lows to trade at around USD 115 per barrel.
Nifty may move up to 5536-5549: Angel
According to a report by Angel Broking, if Nifty trades above 5516 during the first half-an-hour of trade then we may witness a further rally up to 5536-5549 levels.
Stocks in news: Rel Power, TCS, Henkel India, JSW Steel, Apollo Hospitals
Simbhaoli Sugars | Natco | Reliance Power | TCS | Hindustan Zinc | Nirma | Wipro | Henkel India | Usha Martin | JSW Steel and Apollo Hospitals are stocks, which are in the news today.
Nifty likely to witness range of 5560-5490: Bhambwani
The coming session is likely to witness a resistance at the 5560 levels on advances. Support is likely at the 5490, below which the 5465 maybe tested.
Ganeshaspeaks: Market prediction for Mar 25
Today, Moon is in the zodiac sign Scorpio, and in the Jyeshtha Nakshatra. Moon is slowly advancing towards Rahu, and you can see that the movement is increasing confusion in the market.
Kate Winslet authors celebrity book for autism
Actress Kate Winslet will author a book of celebrity self-portrait photos by Ben Stiller, Jude Law, Meryl Streep and others to support autism that will be released later this year, Simon & Schuster said on Thursday.
Midas Yuvraj powers India to dream semis
Australia shed sweat and even blood in a desperate bid to prolong their 12-year reign as world champions but Yuvraj Singh's Midas touch sustained India's billion dreams in Thursday's see-saw quarter-final.
Rich Indians enthusiastic about philanthropy: Buffett, Gates
Two of the world''s richest people Bill Gates and Warren Buffett on Thursday said the rich business fraternity whom they met in India are very enthusiastic about donating their wealth for philanthropic activities.
RIM profit jumps 32% on strong BlackBerry sales
Research In Motion's net profit jumped 32% in its fiscal fourth quarter, boosted by strong global BlackBerry smartphone sales as it readies next month's North American launch of its PlayBook tablet computer.
Fed to hold media briefings in historic shift
Federal Reserve Chairman Ben Bernanke will break nearly 100 years of tradition at the UScentral bank next month when he begins talking to the media after policy meetings.
Trial hears Rajaratnam brothers curse on phone tap
A profanity-laced phone tap of accused hedge fund manager Raj Rajaratnam and his brother was played for jurors as US prosecutors sought to prove he traded on inside information about a deal that had not yet been made public.
IMF chief to activate crisis fund next week
The head of the International Monetary Fund will seek to activate a USD 580 billion crisis fund next week, a confidence-building step at a time of heightened global uncertainty.
Google delays open access to new Android software
Google Inc is delaying widespread access to the new version of its Android software, saying it has more work to do before the product is ready for certain types of devices.
Jackson trial off to slow start with jury selection
Nearly all the possible jurors in the manslaughter trial of Michael Jackson's doctor told a judge on Thursday they knew of the case, underscoring the difficulty lawyers face in picking an impartial panel.
Japan wants extra budget by end-April, may review corp tax cut
The Japanese government aims to have an emergency budget for post-quake relief and reconstruction by the end of April, Finance Minister Yoshihiko Noda said on Friday.
