IIFL is bullish on Thermax and has recommended buy rating on the stock with a target of Rs 925 in its January 4, 2011 research report.
The last year has wrecked the markets in more than one way, first the LIC housing scam crawled out, which hammered LIC housing finance alongside a host of realty stocks.
JSW Steel, India's No. 3 producer of the alloy, has passed on only a part of the cost increases through a price hike in January and may look at future raises depending on supply-demand equation, a senior official told Reuters on Tuesday.
The 150 lakh equity shares' initial public offering of diamond jewellery player C Mahendra Exports opens for subscription. MLR Securities has recommended avoiding the issue .
Bajaj Auto was the top loser on the Sensex. It touched an intraday high of Rs 1,484 and an intraday low of Rs 1,421. At 12:16 hrs the share was quoting at Rs 1,431.65, down Rs 45.00, or 3.05%.
Bank of India has revised deposit rates in some maturities with effective from January 03, 2011.
Aditya Birla Money is bullish on Oil India and has recommended buy rating on the stock with a target of Rs 1499 in its January 4, 2011 research report.
At 11:51 hours IST - the benchmark Sensex shed around 100 points amid choppy trade, led by sell-off in banking, telecom, capital goods, auto and realty companies' shares. ONGC, Hindalco, Tata Steel and TCS also lost ground.
Rupee weakens tracking dlr rise; shares eyed
Aditya Birla Money is bullish on Voltas and has recommended buy rating on the stock with a target of Rs 240-250 in its January 4, 2011 research report.
The BSE Sensex erased early gains and slipped 0.1% on Tuesday as investors locked in profits after a four-session rally.
US stocks just posted back-to-back years of strong gains, yet the small US investor largely remained a spectator. Now financial advisers say investors, many of whom rode out the financial crisis in cash and bonds, are slowly regaining confidence.
GCV Services has its Board of Directors meeting on January 06, 2011 to consider stock split in the ratio 2:1.
Kirloskar Brothers touched an intraday high of Rs 242 and an intraday low of Rs 205. At 11:43 hrs the share was quoting at Rs 232.10, up Rs 29.00, or 14.28%.
Titan Securities has its Board of Directors meeting on January 10, 2011 to consider allotment of equity shares on preferential basis.
Pratibha Industries has bagged order worth Rs 104.97 for Stage I of Jaipur Metro from DMRC.
Liquidity Adjustment Facility : Auction Results
Garware Offshore Services has fixed Jan 13, 2011 as the 'Record Date' for payment of 2nd interim dividend on equity shares for the FY 2010-11.
Motilal Oswal is bullish on Bharti Airtel and has recommended buy rating on the stock with a target of Rs 410 in its January 3, 2011 research report.
Maruti Suzuki has declared its December sales numbers. Its Dec total sales were at 99,225 versus 1.12 lakh units (MoM) and 99,225 versus 84,804 units (YoY), reports CNBC-TV18. It touched an intraday high of Rs 1,437.95 and an intraday low of Rs 1,405.15. At 11:12 hrs the share was quoting at Rs 1,408.50, down Rs 19.15, or 1.34%.
At 10:45 hours IST - equity benchmarks snapped four-day winning streak in early trade today and were witnessing volatility in trade. Banking, telecom, auto, capital goods and realty companies' shares were putting pressure on markets. Even ONGC, Tata Steel and Hindalco were also down.
The BSE Sensex turned negative on Tuesday morning, with financials leading the decline, as investors booked profits after four sessions of rise.
Australia were dismissed for 280 in their first innings shortly after lunch on the second day of the fifth Ashes test against England on Tuesday.
The rupee is expected to be rangebound on Tuesday as a broadly strong dollar is likely to offset the positive sentiment from higher Asian shares.
Oil slipped from the highest price levels in more than two years on Tuesday on expectations that fuel demand will ease after the approaching peak of the Northern Hemisphere heating season, slowing the drain of US stockpiles.