10-year yield seen between 8.10-8.15%: Bagla
Overall bonds are likely to be rangebound in the absence of any major negatives. Domestic liquidity conditions are also likely to improve on the back of government spending. The 10-year yield is seen between 8.10-8.15%, says Sandeep Bagla, ICICI Securities Primary Dealership.
F&O cues: Market-wide rollover 77%
F&O cues: Market-wide rollover 77% versus 75% in last series.
Market cues: FIIs net buy $94 mn
Market cues: FIIs net buy USD 94 million in the cash market on Jan 25.
More jewellery retail chains eye capital market
All that glitters is certainly gold in the present volatile market conditions, prompting jewellery retail chains to enter the capital market to expand their businesses and raise additional capital.
Asian mkts trading lower; Hang Seng, Nikkei down
At 7: 46 am (IST), Asian markets were trading lower. China's Shanghai Composite was down 0.15% or 4.01 points at 2,745.14. Hong Kong's Hang Seng shed 0.26% or 62.15 points at 23,717.47. Japan's Nikkei fell 0.93% or 97.71 points at 10,380.95. Singapore's Straits Times was down 0.20% or 6.49 points at 3,213.34.
Crude slips nearly 2%; trading at $ 85.12/bbl
Oil prices slipped nearly 2% on talks of OPEC raising output to cool prices and a rise in US jobless claims. Currently it is trading at USD 85.12 per barrel.
Indian ADRs: Tata Comm slips 4.8%, Sterlite down 4.4%
Indian ADRs ended lower on Thursday. In IT space, Infosys was down 0.5% at $ 70.06, Wipro was down 1.39% at $ 13.49 and Patni Computers was down 1.61% at $ 20.15.
Wall Street ends higher; crude slips nearly 2%
In the US markets, the Dow and S&P 500 had a lackluster as the indices wavered near key technical levels, but the Nasdaq managed to score a solid gain.
S&P 500 encounters resistance at 1300
The Dow Jones Industrial Average ended up 4.5 points at 11,990. The Nasdaq Composite was up 15 points at 2,755 and S&P 500 Index rose 3 points at 1,299.5.
Adharshila Venture Cap Fund sells 2 lakh shrs of Midvalley
Media and entertainment company Midvalley Entertainment's shares closed at Rs 58.05, down 17% from issue price of Rs 70 a share on Bombay Stock Exchange yesterday.
Crude slips 2% to USD 85/bbl on Thurs
Shanghai copper fell 0.5% and it has failed to hold USD 9500/tonne. Support for copper is seen at USD 9300/tonne.
Archies Q3 PAT up 16.5% at Rs 4.57 cr
Greetings card maker Archies has announced its results for the quarter ended December 2010. It has reported standalone profit after tax of Rs 4.57 crore as against Rs 3.9 crore, a growth of 16.5% on year-on-year basis.
NAVs decline sharply as markets slip
Equity diversified NAVs ended lower with advance:decline ratio of 5:249 as Indian equities were slaughtered on Thursday and broke important technical levels, led by a sell-off across sectors.
Grant more medi-benefits this budget: Senior citizens
Senior citizens’ wish list for the Finance Minister for budget 2011 is rather long this time. Last year, this class got a health booster of uniform, concessional 5% duty on all medical appliances.
Rashtriya Ispat Nigam IPO unlikely before FY13: Sources
Rashtriya Ispat Nigam's IPO is now likely only in FY13, sources in the government told CNBC-TV18. Rashtriya Ispat Nigam will undergo capital restructuring before its IPO.
Want more interest subsidy schemes: Salaried persons
Last budget left the salaried class a happier lot. The reason: Tax slabs for all salaried personnel were widened to Rs 1,60,000; with the woman's cap being extended to Rs 1,90,000. Added to that the government also extended a 1% interest rate subsidy scheme for affordable housing.
NTPC, NPCIL joint venture under the name Anushakti Vidhyut Nigam
NTPC and Nuclear Power Corporation of India (NPCIL) joint venture under the name Anushakti Vidhyut Nigam.
Buy Vijaya Bank; target of Rs 107: Anand Rathi Securities
Anand Rathi Securities is bullish on Vijaya Bank and has recommended buy rating on the stock with a target of Rs 107 in its January 24, 2011 research report.
Arihant Foundations to to consider conversion of warrants into equity shares
Arihant Foundations has its Board of Directors meeting on February 03, 2011 to consider conversion of outstanding warrants into equity shares.
Mercator Lines subsidiary enters into agreement to sell its 350 feet jack-up Rig
Mercator Lines subsidiary enters into agreement to sell its 350 feet jack-up Rig.
Vinati Q3 2011 PAT up by 55% at Rs 14.34 Cr
Vinati Q3 2011 PAT up by 55% at Rs 14.34 Cr., Quarterly revenue rose to Rs. 86.24 Cr up by 49%
Chemfab Alkalis, minor Chlorine leak at Puducherry plant
Chemfab Alkalis, there was a minor Chlorine leak on January 26, 2011 at Puducherry plant.
Parshwanath Housing Finance Corp name changed to Parshwanath Corp
Parshwanath Housing Finance Corp has changed the name from “Parshwanath Housing Finance Corp” to
Ethiad Airways introduces chauffeur service in India
Etihad Airways continues to enhance the travel experience it provides its premium customers, with the extension of its complimentary luxury chauffeur service to all eight of the airline’s destinations in India.
