Idea Cellular plunges 7%
Idea Cellular touched an intraday high of Rs 66 and an intraday low of Rs 60.70. At 09:33 hrs the share was quoting at Rs 61.70, down Rs 4.60, or 6.94%.
The slow death of the RTI Act
And you thought you could get information from the State using the RTI Act? Take your place in the line behind thousands of frustrated citizens.
United Spirits post better Q3 results; stk hits 52-week low
United Spirits Q3 net profit was up 34.1% at Rs 130 crore versus Rs 96.9 crore, YoY. Its net sales were up 45.2% at Rs 1,960 crore versus Rs 1,350 crore, YoY, reports CNBC-TV18. It touched a 52-week low of Rs 965.05. At 09:30 hrs the share was quoting at Rs 971.40, down Rs 88.45, or 8.35%.
DB Realty continues to tumble
DB Realty has continued to fall. It touched an intraday high of Rs 129.70 and an intraday low of Rs 111. At 09:26 hrs the share was quoting at Rs 119, down Rs 10.05, or 7.79%.
GMR Infra declares Q3 numbers; stock up 4.8%
GMR Infrastructure Q3 net loss was at Rs 22.2 crore versus profit of Rs 9.2 crore, YoY. The company's net sales were up at Rs 1,358.7 crore versus Rs 1,067 crore, YoY, reports CNBC-TV18. It touched an intraday high of Rs 37 and an intraday low of Rs 30.25. At 09:26 hrs the share was quoting at Rs 33.30, up Rs 1.55, or 4.88% on the NSE.
M&M board okays to acquire 38% in EPC Ind; stk up
Mahindra and Mahindra board has okayed acquiring 38% in EPC Industries. It makes an open offer to acquire up to 34 lakh shares in EPC at Rs 66.55 per share, reports CNBC-TV18. It touched an intraday high of Rs 660 and an intraday low of Rs 651.90. At 09:18 hrs the share was quoting at Rs 659.70, up Rs 4.50, or 0.69% on the NSE.
India Equity Partners may buyout BJN, Sagar Ratna
New York-based India Equity Partners (IEP) is holding talks to acquire controlling stakes in BJN Group, which operates a chain of fine-dining restaurants under multiple brands, and Sagar Ratna, another large chain serving South Indian delicacies and operating mainly in the national capital region (NCR).
Nifty volatile; pvt banking, ADAG stocks up
The benchmark Nifty was quiet in opening trade and was hovering just around its previous closing value, especially after a deep cut seen on Wednesday.
Rupee opens at 45.55 per dollar
The Indian rupee opened at 45.55 per dollar versus 45.47 yesterday.
Money Market Operations as on February 09, 2011
Money Market Operations as on February 09, 2011
United Spirits Q3 net profit up 34.1% at Rs 130 cr
United Spirits Q3 net profit was up 34.1% at Rs 130 crore versus Rs 96.9 crore, YoY.
Andreessen Horowitz sinks $80m in Twitter
Influential venture capital outfit Andreessen Horowitz has invested $80 million in microblogging phenomenon Twitter, adding to its growing portfolio of social Web names.
Euro to show strength against USD: Astromoneyguru
Today some bounce back is seen in capital goods and banking stocks, says Ajay Jain of astromoneyguru.
Nifty may rally up to 5320-5387: Angel Broking
According to a report by Angel Broking, if Nifty trades above 5273 during the first half-an-hour of trade then we may witness a further rally up to 5320-5387 levels.
GMR Infra Q3 net loss at Rs 22.2 cr
GMR Infrastructure has reported a net loss of Rs 22.2 crore for the quarter ended December 2010 as against profit of Rs 9.2 crore in same quarter the previous year.
Stocks in news: GVK, Rel Infra, M&M, Gitanjali Gems, Natco
Gitanjali Gems | Natco | TIL | GVK | Reliance Infrastructure | TCS | Mahindra Composites | Gujarat Pipavav | Punj Lloyd | SAIL and M&M are stocks, which are in the news today.
Ganeshaspeaks: Market prediction for Feb 10
According to Ganesha, this week try to focus only on stock specific and not on F & O. The reason is that during the entire week, after 13:00, the market will be highly volatile and highly fluctuating, which cannot be judged.
Market edges lower on profit-taking: US Stocks
US stocks slipped on Wednesday as a five-month rally that pushed the market to a new 2 1/2-year high started to shows signs of fatigue.
Dow posts eighth day of gains
Investors took profits on recent gains in US stocks on Wednesday, but a last-minute rise in Bank of America helped lift the Dow to its eighth straight day of gains.
Nifty has resistance at 5400: Gaba
The support for the Nifty is at 5137 and resistance at 5400.
Nifty has support at 5175: Bhambwani
The coming session is likely to witness a resistance at 5325 on advances. Support is likely at the 5175 levels.
Credit Suisse needs return on investment bank hires
Credit Suisse needs to show its drive to hire investment bankers last year is starting to pay off when it reports results on Thursday, after sluggish client activity hit profit in the third quarter.
Global stocks, dollar fall on Bernanke jobs view
Global stocks slipped and the dollar fell on Wednesday as investors worried about the run-up in equity markets this year and US Federal Reserve Chairman Ben Bernanke said US unemployment remained too high.
Bond to remain in 8.15-8.20% range: RVS Sridhar
Bond markets saw a minor rally yesterday. The market, however, continues to worry about the negatives, which include the borrowing program about to be announced in the upcoming budget, as well as the high inflation number. Range for the day is at 8.15-8.20%, says RVS Sridhar, Axis Bank.
Rio Tinto extends Riversdale bid as stalemate looms
Global miner Rio Tinto has extended its USD 3.9 billion takeover offer for Mozambique-focused coal miner Riversdale Mining to March 4, amid signs that Riversdale's second-biggest shareholder was holding up a deal.
