Tata Steel, the world's seventh-largest steel maker, said on Friday that it would hold on to its shares in Australian miner Riversdale, calling it a strategic stake.
At 12:24 hours IST - the benchmark Nifty recovered morning trade losses and touched 5800 level led by support from technology, power, FMCG, healthcare and financial companies' shares.
Goldman Sachs on Thursday has recommended going long euro against the US dollar on the belief that European sovereign debt tensions will eventually ease.
Godrej Properties has announced its third quarter results. The company's Q3 consolidated net profit was down at Rs 15.5 crore versus Rs 17.6 crore, year-on-year, YoY.
The December inflation numbers has come in at 8.43% compared to 7.48% on a month-on-month (MoM) basis.
PINC Research is bullish on Infosys Technologies and has recommended buy rating on the stock with a target of Rs 3750 in its January 13, 2011 research report.
Tata Steel, the world's seventh-largest steel maker, said on Friday that it would hold on to its shares in Australian miner Riversdale, calling it a strategic stake.
Television content provider Balaji Telefilms said on Friday it plans to sell its mobile, Internet and education divisions.
Midcap technology stocks are looking cheap, says Ramesh Damani, Member, BSE.
Angel Broking is bullish on Infosys Technologies and has recommended accumulate rating on the stock with a target of Rs 3605 in its January 13, 2011 research report.
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Prabhudas Lilladher is bullish on Infosys Technologies and has recommended buy rating on the stock with a target of Rs 4200 in its January 12, 2011 research report.
Buy Infosys Technologies on every dip, says Vibhav Kapoor Of IL&FS.
Nirmal Bang has maintained hold rating on Infosys Technologies with a target of Rs 3208 in its research report.
Buy banking stocks with medium term perspective, says Vibhav Kapoor Of IL&FS.
Facebook. Zynga. Groupon. Rumor has it that Twitter may soon make the list. This is the company Digital Sky Technologies (DST) keeps. DST just invested several million dollars along with Goldman Sachs in Facebook, its second round of funding for Zuckerberg.
Emkay Global Financial Services is bullish on Infosys Technologies and has recommended accumulate rating on the stock with a target of Rs 3400 in its January 13, 2011 research report.
At 10:51 hours IST - equity benchmarks were trading lower amid volatility and continued the sell-off in today's trade as well. The 50-share NSE Nifty tested 5700 in first half an hour of trade after opening but it managed to hold the same level. Index had lost more than 100 points on Thursday.
KRChoksey has maintained hold rating on Infosys Technologies with a target of Rs 3298 in its January 13, 2011 research report.
Tata Motors was the top loser on the Sensex. It touched an intraday high of Rs 1,225.90 and an intraday low of Rs 1,190. At 10:52 hrs the share was quoting at Rs 1,196.05, down Rs 39.60, or 3.20%.
Indian Oil Corporation (IOC) entered in agreement with Nuclear Power Corporation to setup power plants across the country, reports Hindustan Times. It touched an intraday high of Rs 315 and an intraday low of Rs 305. At 10:49 hrs the share was quoting at Rs 314.20, up Rs 3.60, or 1.16%.
Aegis Logistics has signed MoU with APM Terminals, Pipavav, reports CNBC-TV18. It touched an intraday high of Rs 301 and an intraday low of Rs 295.10. At 10:38 hrs the share was quoting at Rs 299, up Rs 5.45, or 1.86%.
Nitesh Estates has acquired 51% stake in a SPV - Nitesh Urban Developers, reports CNBC-TV18. It touched an intraday high of Rs 32.25 and an intraday low of Rs 31.15. At 10:33 hrs the share was quoting at Rs 32.00, up Rs 0.95, or 3.06%.
At 9:46 hours IST - the benchmark Nifty tested the 5700 - psychologically an important level in morning trade. Experts have been saying it is the major support for Nifty.
Amarjeet Sinha, who spearheaded two flagship government programmes, tells Forbes India that public health cannot be left to the markets alone.