FIIs net buy Rs 1621 cr in Index Options on Tues
FIIs were net buyers to the tune of Rs 1621 crore in Index Options; which open interest (OI) was up by 37121 contracts. They were net buyers of Rs 405 crore in Stock Futures; which OI was up by 8126 contracts.
Rupee may appreciate further: N Subramaniam
The rupee may appreciate further after yesterday's pullback. The currency is likely to get support from improved sentiment in the domestic stock market alongwith the dollar's weakness, says N Subramaniam, Pinnacle Forex.
F&O cues: Total Nifty futures up Rs 691 crore
F&O cues: Total Nifty futures up Rs 691 crore and Options down Rs 1460 crore.
Market cues: FIIs net sell $11.8 mn
Market cues: FIIs net sell USD 11.8 million in the cash market on Jan 17.
Asian markets trading firm; Hang Seng, Nikkei gain
At 7: 56 am (IST), Asian markets were trading firm. Hong Kong's Hang Seng gained 0.55% or 133.01 poinst at 24,286.99. Japan's Nikkei was up 0.19% or 19.95 points at 10,538.93. China's Shanghai Composite was flat at 2,708.31. Singapore's Straits Times was flat at 3,249.72.
US mkts gain amid Apple's strong nos & Citi's weak nos
The Dow Jones Industrial Average ended up 51 points at 11,838. The Nasdaq Composite was up 10.5 points at 2,766 and S&P 500 Index rose 2 points at 1,295.
Indian ADRs: MTNL down 3.3%, Patni, Wipro, Dr Reddys up
Indian ADRs ended mostly in green on Tuesday. In Banking space, HDFC Bank was down 0.04% at $ 150 while ICICI Bank was up 0.75% at $ 45.44. In Telecom space, Tata Communication was up 0.44% at $ 11.46 while MTNL was down 3.31% at $ 2.34.
Crude slips to one-week low at $91/bbl
Crude slipped to one-week low at USD 91 per barrel on reports that inventories in developed countries looked relatively comfortable as supplies normalised after operations at the Alaska pipeline resumed. Currently it is trading at USD 91.49 per barrel.
US mkts hit multi-yr highs led by energy, material stocks
US markets gained hitting multi year highs for the second straight session. Markets rose on the back of energy and material stocks despite pressure on financials post disappointing earnings from Citigroup.
Stocks in news: HCL Tech, Petronet LNG, Tulip, HCC
HCL Tech | Hindustan Zinc | Amrutanjan Healthcare | Gayatri Projects | Container Corp | Petronet LNG | ING Vysya Bank | MindTree | HT Media | IOC | Tulip Telecom | HCC | Binani Cement | GAIL | Tata Steel | Tata Power | Reliance Infra and Cairn are stocks, which are in the news today.
Tata Steel FPO opens: Should you subscribe?
World's seventh largest steel maker Tata Steel's follow-on public offer (FPO) has opened for subscription today. It has fixed price band of Rs 594-610 a share for its FPO of 5.7 crore ordinary equity shares of Rs 10 each.
NAVs end with positive returns as markets gain
Equity diversified NAVs ended higher with advance:decline ratio of 229:25, as Indian benchmarks rallied smartly on Tuesday on the back of good third quarter earnings from TCS and strong European cues.
IMF worried on Eastern Europe fiscal consolidation
A string of accounting tricks and a lack of fiscal reform plans in Hungary, and to a lesser extent Poland, are cause for concern and could make the emerging European states vulnerable to shocks, a top IMF official says.
Vodafone has nothing to do with merger scheme says Essar
Vodafone has objected to Essar's reverse listing of Essar Telecom Holdings (ETH) into India Securities (ISL). It has written to both the Bombay Stock Exchange and the Securities and Exchange Board of India and asked for the matter to be examined.
Wall Street opens lower as Citi misses views
US stocks fell on Tuesday after Citigroup Inc's quarterly earnings missed estimates, while Apple Inc weighed on the technology sector after Chief Executive Steve Jobs took another medical leave.
FM to address bank penetration issue with RBI
Finance Minister Parnab Mukherjee has said that financial stability is an integral part of policy objectives and added that much more was needed for financial inclusion.
Hold TCS; target of Rs 1133: Nirmal Bang
Nirmal Bang has maintained hold rating on Tata Consultancy Services’ (TCS) with a target of Rs 1133 in its January 18, 2011 research report.
Gujarat Ambuja Exports to consider interim dividend
Gujarat Ambuja Exports has its Board of Directors meeting on February 01, 2011 to consider interim dividend.
Tata Investment to consider interim dividend
Tata Investment has its Board of Directors meeting on January 27, 2011 to consider interim dividend.
UK inflation leaps to 8-mth high, pressure on BoE
A record monthly jump in prices drove British inflation to an 8-month high in December, piling pressure on the Bank of England to raise interest rates and show it is not letting inflation get out of control.
To get 1st LNG cargo from Marubeni in Feb: GAIL
State-run gas utility GAIL (India) Ltd will receive its first cargo of liquefied natural gas (LNG) next month under a three-year deal with Japanese trader Marubeni, its head said on Tuesday.
$103 trillion credit needed to support global growth: WEF
An extra USD 103 trillion of credit is needed over the next decade if global economic growth is to meet consensus forecasts, the World Economic Forum and McKinsey said in a report to be discussed at next week's Davos meeting.
Shree Nath Commercial to consider bonus issue
Shree Nath Commercial has its Board of Directors meeting on January 24, 2011 to consider bonus issue.
Nagarjuna Construction subsidiary acquires 55% equity stake of Nelcast Energy
Nagarjuna Construction subsidiary has acquired 55% equity stake of Nelcast Energy.
Greenply Industries to consider warrants into equity shares
Greenply Industries has its Board of Directors meeting on January 31, 2011 to consider warrants into equity shares.
