INOX Leisure up 7% on large volumes
INOX Leisure touched an intraday high of Rs 79.10 and an intraday low of Rs 70. At 11:13 hrs the share was quoting at Rs 72.30, up Rs 4.70, or 6.95%.
Buy Mundra Port; target of Rs 165: IIFL
IIFL is bullish on Mundra Port and has recommended buy rating on the stock with a target of Rs 165 in its January 6, 2011 research report.
Indian investors are world's biggest losers: Samir Arora
Find out why ace fund manager Samir Arora of Helios Capital thinks Indian investors are the biggest losers in the world.
Binani Ind touches 52-week high
Binani Industries touched a 52-week high of Rs 257. At 11:09 hrs the share was quoting at Rs 248.00, up Rs 20.70, or 9.11%.
Buy Balkrishna Ind; target of Rs 169: Anagram Research
Anagram Research is bullish on Balkrishna Ind and has recommended buy rating on the stock with a target of Rs 169 in its January 5, 2011 research report.
Sterlite Ind top loser on Sensex
Sterlite Industries was the top loser on the Sensex. It touched an intraday high of Rs 191.25 and an intraday low of Rs 182.60. At 11:06 hrs the share was quoting at Rs 183.40, down Rs 7.40, or 3.88%.
Buy Tata Power; target of Rs 1442: IIFL
IIFL is bullish on Tata Power and has recommended buy rating on the stock with a target of Rs 1442 in its January 6, 2011 research report.
Sensex consolidates; Bharti, HDFC Bank, Sun Pharma up
At 10:46 hours IST - equity benchmarks continued their downtrend today as well, led by sell-off in capital goods, FMCG and cement companies' shares along with ONGC, SBI, Sterlite, ICICI Bank, Bajaj Auto, Cipla, Hero Honda, DLF and JSPL. The index was trading below 6100 level.
SP Tulsian positive on fertiliser stocks
SP Tulsian of sptulsian.com is positive on fertiliser stocks.
Suzlon signs $191 mn agreement with Vedanta; stk up
Suzlon Energy has signed USD 191 million agreements with Vedanta for 150 MW wind project, quoting NewsWire18, reports CNBC-TV18. It touched an intraday high of Rs 55.10 and an intraday low of Rs 53.90. At 10:14 hrs the share was quoting at Rs 55.05, up Rs 0.60, or 1.10%.
G20 must act to stabilise food prices: World Bank
Free markets rather than protectionist policies are the solution to volatile food prices and the G20 should take steps to prioritise the provision of food for the poor, World Bank President Robert Zoellick said.
Samsung, LG place 3D bets with cheaper TVs
Samsung Electronics and LG Electronics trotted out bigger and thinner 3D TVs on Wednesday as they laid out plans to expand their lineups further to spur demand for a nascent technology that has seen weak sales so far.
ICC corruption hearing overshadows NZ v Pak test series
Pakistan captain Misbah-ul-Haq says his team are focused on the upcoming test series against New Zealand and will not be distracted by an anti-corruption hearing that could mete out life bans to three suspended players.
Microsoft sold over 8 mn Kinects in 60 days: CEO
Microsoft Corp sold more than 8 million of its Xbox Kinect motion-sensing game system in its first 60 days since launch, outpacing its target of 5 million and outshining Sony Corp's competing Move.
Hunt on for merchant bankers for ONGC follow-on issue
The Government has invited applications from reputed merchant bankers, either singly or as a consortium, to act as book running lead managers and to assist and advise the Government in the proposed divestment of ONGC's shares.
NAVs end lower as markets slip
Equity diversified NAVs ended lower with advance:decline ratio of 4:253. Benchmarks saw a profit taking on Wednesday on the back of sell-off in financial, auto, metal, realty, telecom and capital goods companies' shares.
Rhc Finance buys 26.91 Lk shares of Religare Enterp
On January 05, 2011 Rhc Finance Private Limited bought 1,343,897 shares of Religare Enterprises at Rs 456 on the NSE and bought 1,347,556 shares at Rs 456 on the BSE. Yesterday the share closed at Rs 465.20.
Cinnamon Capital sells 31 lakh shares of PNB
On January 05, 2011 Cinnamon Capital Limited sold 3,121,156 shares of PNB at Rs 1,330 on the BSE. However, Lam Llc A/c Cimco Inc bought 3,410,501 shares at Rs 1,329.93. Yesterday the share closed at Rs 1,202.55.
LinkedIn plans to go public in 2011
LinkedIn, the social networking site for professionals, plans to go public in 2011 and has selected its financial underwriters, three sources familiar with the process told Reuters.
Norges Bank buys 1.4 cr shares of Lanco Infratech
On January 05, 2011 Norges Bank On Account Of Government Petroleum Fund bought 14,000,000 shares of Lanco Infratech at Rs 64 on the BSE. Yesterday the share closed at Rs 62.35.
Jayshree Chem commissions plant ahead of schedule; stk up
Jayshree Chemicals has commissioned plant ahead of schedule with investment of Rs 150 crore, reports CNBC-TV18. It touched an intraday high of Rs 15.40 and an intraday low of Rs 15. At 09:36 hrs the share was quoting at Rs 15.03, up Rs 0.90, or 6.37%.
Pranab Datta: Read, to lead right
Knight Frank India MD, Pranab Datta, advises to prefer books that have examples validated by experience
Fixed Income: The 3 'I's of investing
Inflation, interest rates and illiquidity make fixed income an attractive option in the New Year
HDIL sells Andheri plot for Rs 800 cr; stock gains
Housing Development and Infrastructure (HDIL) has sold Andheri plot to Kanakia’s for Rs 800 crore, reports The Times of India. It touched an intraday high of Rs 191 and an intraday low of Rs 187.55. At 09:30 hrs the share was quoting at Rs 187.70, up Rs 2.35, or 1.27%.
