The Reserve Bank of India (RBI) has allowed seven more banks to import gold and silver, data on its website showed.
Karnataka’s political uncertainty has hit Infosys’ expansion plans. The IT major’s Sarjapur campus has been stalled at the last stage.
Hexaware Technologies has its Board of Directors meeting on January 11, 2011 to consider interim dividend and bonus shares.
Diamond Power Infrastructure touched an intraday high of Rs 226.45 and an intraday low of Rs 215.10. At 12:04 hrs the share was quoting at Rs 217.90, up Rs 4.45, or 2.08%. The company has received 400 KV D/C QAUD line conductors order from Power Grid and SMO-SPIC.
Tantia Constructions has bagged order worth Rs 25.99 crore from Municipal Corporation, Gwalior.
Lupin has settled litigation with Sunovion over LUNESTA Generic, reports CNBC-TV18. It touched an intraday high of Rs 489.70 and an intraday low of Rs 483.10. At 12:01 hrs the share was quoting at Rs 487.95, up Rs 7.50, or 1.56%.
At 11:52 hours IST - equity benchmarks were trading with moderate gains while broader markets were outperforming benchmarks. Metal, auto, Anil Dhirubhai Ambani Group (ADAG), realty, oil & gas, select healthcare and financial companies' shares were helping the markets to maintain positive stance.
Emkay Global Financial Services is bullish on Kajaria Ceramics and has recommended buy rating on the stock with a target of Rs 100 in its December 31, 2010 research report.
KYC formalities are required to be completed for all the investors for any investment in mutual funds, irrespective of the amount, effective from January 1, 2011.
Aditya Birla Money is bullish on MindTree and has recommended buy rating on the stock with a target of Rs 675 in its January 3, 2011 research report.
Uttam Galva Steel touched an intraday high of Rs 147.95 and an intraday low of Rs 129.80. At 11:31 hrs the share was quoting at Rs 145.30, up Rs 17.05, or 13.29%.
Tata Steel was the top gainer on the Nifty. It touched an intraday high of Rs 700 and an intraday low of Rs 685.10. At 11:29 hrs the share was quoting at Rs 699.20, up Rs 18.80, or 2.76%.
Aditya Birla Money is bullish on Indiabulls Real Estate and has recommended buy rating on the stock with a target of Rs 156/170 in its January 3, 2011 research report.
Foreign investors overwhelmingly ranked the US commercial real estate market as their No 1 choice for investment this year and viewed it as the best opportunity for price appreciation, according to a survey of foreign real estate investors.
India's manufacturing sector expanded at a slower pace in December than in the previous month, weighed down by a weakening growth in factory output and new orders, a survey showed on Monday.
Downside looks restricted in Linc Pen and Plastics, says Ashish Chugh, Investment Analyst & Author of Hidden Gems.
IIFL is bullish on GSPL and has recommended buy rating on the stock with a target of Rs 124 in its January 3, 2011 research report.
IIFL is bullish on S Kumars and has recommended buy rating on the stock with a target of Rs 93 in its January 3, 2011 research report.
Indiabulls Financial Services sold 26% stake, held by it in Indian Commodity Exchange to Reliance Exchangenext Ltd.
The Textile Ministry has sought the cabinet’s nod for additional Technology upgradation funds scheme, reports CNBC-TV18 quoting sources. The Textile Ministry has reportedly asked for Rs 2,003 crore from the cabinet for 2011-2012 under the Technology Upgradation Funds Scheme and for Rs 5,500 crore from to pay for past commitments.
Spain midfielder Xavi made his 549th appearance for Barcelona in their 2-1 La Liga victory at home to Levante on Sunday, equalling the club record set by Migueli during the 1980s.
Paul Pierce scored 30 points to lead the Boston Celtics to a 93-79 victory over the Toronto Raptors on Sunday.
The rupee treaded water on Monday as a broad rise in the dollar against major currencies was offset by gains in shares and other Asian peers.
Pedro fires Barca clear, Valencia sneak late win
England finally separated Australia's openers on the brink of lunch on the first day of the fifth Ashes test on Monday when Phillip Hughes was dismissed for 31 to leave the hosts on 55-1.