Deal boost for Biocon
The firm is looking at partnerships with global pharma majors as a ticket to hasten the launch of its biotech products
My Paris
Ashish Sinharoy travels to Paris on work about three times a year and discovers the city in its cafes, street artists and Espresso shots
Jayaswal Neco ties up for debt for Rs 3300cr expansion
Jayaswal Neco Industries tied up for debt for Rs 3300 crore expansion, reports CNBC-TV18. It touched an intraday high of Rs 35.75 and an intraday low of Rs 34.85. At 09:28 hrs the share was quoting at Rs 35.75, up Rs 1.45, or 4.23%.
Peninsula Land lines up Rs 2500 cr for land acquisition
Peninsula Land has lined up Rs 2500 crore for land acquisition, reports CNBC-TV18. It touched an intraday high of Rs 68.70 and an intraday low of Rs 64.25. At 09:26 hrs the share was quoting at Rs 68.70, up Rs 5.05, or 7.93%.
Nifty volatile; NTPC, HDFC, Tata Steel up, SBI dips
The benchmark Nifty started the session on a positive note amid volatility and maintained its upmove for fifth consecutive day.
NAVs close higher; all sectoral funds advance
Equity diversified NAVs closed higher with advance:decline ratio of 246:3 as benchmarks continued the uptrend for fourth consecutive session. Metal, telecom, Anil Dhirubhai Ambani Group (ADAG), healthcare, realty, select infrastructure and financial companies' shares supported markets along with ONGC and Infosys.
News Roundup: Indiareit Sells Kurla Property For Rs 450Cr
Indiareit Fund Advisors, a real estate venture capital fund backed by 3i Group Plc, has exited from its investment in a commercial project in Kurla, Mumbai, being developed by Neptune Realtors.
Rupee may appreciate against dollar: Karvy
Karvy Stock Broking has come out with a research report on currencies. The research firm says, positive equity markets along with weak dollar index are expected to send rupee appreciating.
Limited downside in Sharp India: Tulsian
Limited downside in Sharp India, says SP Tulsian of sptulsian.com.
Infra, textile, education to outperform: Astrostocktips
Infrastructure, textile and education sectors will be receiving astrological support, says Satish Gupta of astrostocktips.
Strong resistance for Nifty seen at 6,220: Nirmal Bang
Nirmal Bang has come out with a pre-market research report. The research firm says, strong support for Nifty future is seen at 6,130 and resistance seen at 6,220.
Solar eclipse may push silver down: Astromoneyguru
As per our expectation silver has cross Rs 47000 levels in Indian electronic trade, says Ajay Jain of astromoneyguru.
Rupee opens at 44.65 per dollar
The Indian rupee opened at 44.65 per dollar versus 44.70 yesterday.
Money Market Operations as on January 03, 2011
Money Market Operations as on January 03, 2011
Nifty 6200 Put adds 10 lakh shares in Open Int
Nifty 6200 Put added 10 lakh shares in Open Interest while Nifty 6300 Call added 7.5 lakh shares in Open Interest and Nifty 6500 Call added 5.7 lakh shares in Open Interest.
Mkts should continue to trend up: JM Financial
The bullish reversal pattern breakout that we spotted last week now provides support at 20100/6020 and this level should act as the worst case in case of any pullback, says Gautam Shah of JM Financial.
Sensex target of 22,500 for 2011-end: CLSA
With renewed inflation pressures and tight domestic liquidity conditions, we see India's premium valuations coming under pressure, says N Krishnan of CLSA.
Crude hits intraday high at USD 92.58/bbl on Mon
Crude saw an intraday high of USD 92.58/barrel on Monday, highest level since October 2008. API inventory report will be announced today. Currently it is trading at USD 91.5 a barrel.
Nifty has resistance at 6192: Angel Broking
According to a report by Angel Broking, on the upside, if Nifty trade above 6179 level then next resistance level is at 6192.
Asian, European car makers look to 2011 growth
South Korean automakers predicted rising 2011 sales on US and Chinese growth, while France's car market ended a negative 2010 on a high note, with drivers flocking to use scrapping bonuses before they ran out.
Top 10 reasons why 2011 isn't 2008 for oil markets
Oil prices are heading toward USD 100 a barrel again, just over three years after they first touched triple digits on the first trading day of 2008.
Apple iPhone alarm woes continue across the globe
Some iPhone users across the globe complained of malfunctioning alarms on the first working day of 2011, even after Apple reassured users that its phones' built-in clocks will work from Monday.
MJ death preliminary hearings
A judge this week will hold preliminary court hearings in the involuntary manslaughter case against Dr Conrad Murray, the doctor who is accused of being responsible for the death of pop star Michael Jackson.
Nikkei gains 1.2% as US data brightens outlook
Japan's Nikkei average rose 1.2% on Tuesday after global shares resumed their rally on stronger manufacturing data the day before, while oil rose as the outlook for growth increased optimism about demand.
Obama eyes ex-Clinton aide as top economic adviser
A trusted aide with first-hand experience negotiating with Republicans has emerged as the favorite to become President Barack Obama's new top economic policy adviser, Democratic sources said on Monday.
