Kotak Mutual Fund has increased its exposure in oil & gas, information technology and utilities sector. However, it reduced its investments in banking & financial services, media & entertainment and food & beverages space.
Money Market Operations as on February 10, 2011
Moser-Baer has reported a net loss of Rs 115.7 crore for the quarter ended December 2010 as against profit of Rs 3.2 crore in same quarter the previous year.
World’s largest luxury conglomerate, LVMH, through its private equity arm L Capital, is set to acquire a significant minority stake in Gitanjali Gems’ proposed subsidiary that will control its branded jewellery and retail businesses.
According to a report by Angel Broking, if Nifty trades below 5232 levels for the first half-an-hour of trade then it may correct up to 5191-5156 levels.
Today some bounce back is expected in banking and finance companies in stock market, says Ajay Jain of astromoneyguru.
United Breweries Q3 net profit was up 40.5% at Rs 29.8 crore versus Rs 21.2 crore, YoY.
US President Barack Obama has asked Egypt to explain in "clear" and "unambiguous" language the "step by step" process that will lead to democracy in the country, after its President Hosni Mubarak today refused to step down from power.
Gitanjali Gems | BEML | Lanco Infra | Hindalco | Firstsource | Allied Digital | Zee Entertainment | Grasim | Unitech | HDIL and Tata Motors are stocks, which are in the news today.
According to Ganesha, this week try to focus only on stock specific and not on F & O. The reason is that during the entire week, after 13:00, the market will be highly volatile and highly fluctuating, which cannot be judged.
The coming session is likely to witness a resistance at 5275 on advances. Support is likely at the 5170 levels. An extension past the 5275 will be a welcome sign, especially if accompanied by high volumes.
US stocks end mixed as Egyptian president Hosni Mubarak's speech sparked a late gain for stocks. Asia opens flat.
The rupee is constantly under pressure because of FII selling. The IIP number will not have a significant impact on the dollar-rupee movement. Range for the day is seen at 45.50 - 45.80, says Pramit Brahmbhatt, Alpari India.
Deutsche Boerse AG's planned takeover of NYSE Euronext faces intense scrutiny from German regulators and European anti-trust authorities, potentially putting the blockbuster exchange tie-up in peril.
Citigroup said on Thursday it had formed a new advisory board for its India operations that would provide "independent counsel" to the bank's local management team on a broad spectrum of strategic matters.
F&O cues: Total Nifty futures up Rs 63 crore and Options up Rs 2313 crore.
New US applications for unemployment benefits dropped to a 2-1/2-year low last week, pointing to a stronger footing for the labor market as the economic recovery gathers momentum.
Two Russian firms cancelled London listings worth more than USD 2 billion on Thursday, as valuations proved too high and investors were drawn to a looming USD 3.6 billion share sale by Russian bank VTB.
Egypt's President Hosni Mubarak looked likely to step down on Thursday after the military high command took control of the nation in what some called a military coup after two weeks of unprecedented protests.
Bob Dylan will give a rare performance at the Grammy Awards this coming Sunday as part of a salute to acoustic music, organizers said on Thursday.
Reformed pill-popper Eminem has written the prescription for Grammys success on Sunday.
Investors are often told not to fight the Fed, but in the US Treasuries market taking the opposite stance to the Fed has been a winning strategy in the past six months.
Lewis Hamilton declared his new McLaren a clear step up from last year's race-winning Formula One car after giving it a first test run at Spain's Jerez circuit on Thursday.
After disappointing Wall Street quarter after quarter, Cisco Systems Inc may be losing its status as a tech industry bellwether.
When news first broke that President Hosni Mubarak was about to step down, the mood on Twitter was jubilant.