Dr Reddy gets US court approval to sell Allegra D24; stk up
Dr Reddys Laboratories has got US court approval to sell Allegra D24, quoting NewsWire18, reports CNBC-TV18. It touched an intraday high of Rs 1,624 and an intraday low of Rs 1,585.05. At 09:24 hrs the share was quoting at Rs 1,624, up Rs 57.80, or 3.69%.
Ashok Soota resigns from MindTree BOD; stk hits 52-week low
MindTree touched a 52-week low of Rs 452.25. At 09:19 hrs the share was quoting at Rs 463.60, down Rs 62.30, or 11.85% on the NSE. Ashok Soota has resigned from company's board of directors. He resigned as Executive Chairman/ member of board, reports CNBC-TV18.
Siemens promoters make open offer to acquire 19.82% stake
Siemens promoters make an open offer to acquire 19.82% stake at Rs 930 per share, reports CNBC-TV18. It touched an intraday high of Rs 851.70 and an intraday low of Rs 830. At 09:17 hrs the share was quoting at Rs 842.00, up Rs 114.00, or 15.66% on the NSE.
Sesa Goa looks Strong for intraday: Astroprofit
Sesa Goa incorporated on dated June 25, 1965. Today Moon is transiting over the 6th house from the natal moon and other planetary combinations are indicating some Upside in coming days.
Asia stocks fall, oil rises on Egypt violence
Asian stocks tumbled and Brent crude futures climbed to a 28-month high near USD 100 a barrel as fears of unrest throughout the Middle East and choking energy prices sparked by deadly protests in Egypt sent investors rushing to reduce risk.
Rupee seen touching fresh 2-month low
The rupee is expected to test a fresh two-month low on Monday on risk averse sentiment globally and tracking lower regional equities and currencies.
Egypt has limited war chest to avert financial crisis
Egypt has substantial reserves to avoid an external payments crisis but these could be seriously depleted within weeks if political protests continue, while its banks may struggle to cope with a rush of withdrawals.
British actor Henry Cavill cast in Superman movie
British actor Henry Cavill, will finally get to don Superman's cape in the new Man of Steel movie, its distributor said on Sunday, almost a decade after he failed to make the cut for the previous film.
Nifty slips below 5450 on Egypt unrest; IT, metals dip
The benchmark Nifty started the final session of January month on a weak note, led by sell-off in almost all major heavyweights. The downtrend continues for fourth consecutive day on the back of fall in US markets, tracking tensions in Egypt.
Rupee opens at 45.98 per dollar
The Indian rupee opened at 45.98 per dollar versus 45.75 Friday.
Money Market Operations as on January 28, 2011
Money Market Operations as on January 28, 2011
Market still in bull phase: Ridham Desai
The correction in January has bumped up expected returns to about 20% which makes us far more convinced about the Index call, says Ridham Desai of Morgan Stanley.
Crude oil trades above USD 90/bbl
Brent crude oil prices were at almost USD 100/bbl on Egypt unrest. Egypt controls Suez Canal, which was passage for supply to Europe.
Nifty may correct up to 5443-5374: Angel Broking
According to a report by Angel Broking, if Nifty trades below 5529 levels for the first half-an-hour of trade then it may correct up to 5443-5374 levels.
Stocks in news: Kingfisher, Lupin, ITC, Siemens, Mindtree
CEBBCO | Binani Industries | Renaissance Jew | Tata Global Beverages | Eros International | Zenotech | Kingfisher | Lupin | United Phosphorus | LIC Housing | SAIL | Tata Power | ITC | Siemens | Mindtree and DLF are stocks, which are in the news today.
Ganeshaspeaks: Market prediction for Jan 31
You must have observed that when everyone was saying that the trend may go up, Ganesha had predicted that it may go down. Now, when they are saying that it will go down, Ganesha opines that the market will go up. Investors do not panic.
Silver may show upward move: Astromoneyguru
Today as per astro, bullion is looking positive in spot and future trading, says Ajay Jain of astromoneyguru.
Weakness to remain: Hitendra Vasudeo
Broadly, a slide down towards lower levels can be seen with intra-week volatility. Last week was another round of breakdown when it fell below 18779. Only a rise and close above 19341 can save the market from further slide which means weakness is likely to remain.
Nifty likely to witness range of 5600-5400: Bhambwani
The coming session is likely to witness a range of 5600 on advances. Support is likely at the 5400. The wide range is due to the large base effect of Fridays range.
Shell moving intl staff out of Egypt
Oil company Royal Dutch Shell plans to evacuate its international staff and their families from Egypt on Sunday, a source close to company told Reuters.
POSCO, Vale seek to develop coal mine in Mozambique
POSCO, the world's No 3 steelmaker, said on Sunday that it has agreed with Brazilian miner Vale to jointly seek to develop a coal mine in Mozambique.
India sends plane to Egypt to evacuate Indian citizens
India has sent one of state-run airline Air India's planes to Egypt to evacuate Indian citizens, the airline said on Sunday.
India considers import duty cuts, frets over deficit
India is concerned about high global commodity and oil prices and will consider cutting import duties on more food products to curb inflation gripping Asia's third-largest economy, Trade Minister Anand Sharma said.
FIIs net buy Rs 3040 cr in Index Options on Fri
FIIs were net sellers to the tune of Rs 321 crore in Index Futures on Friday, which open interest (OI) was up by 29953 contracts. FIIs were net sellers of Rs 412 crore in Stock Futures; which OI was up by 7193 contracts.
Nifty has strong resistance at 5625: Gaba
Technically the market is still weak and a level of 5400-5360 is not ruled out and we have a strong resistance at 5625. From a trading point of view I would short rallies until the target of 5400-5360.
