State-run GAIL is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax (PAT) is expected to go up by 18.2% at Rs 945 crore as against Rs 859.9 crore on year-on-year basis.
At 10:41 hours IST - equity benchmarks were holding their key psychological levels - the Nifty was above 5700-mark and the Sensex above 19,000 level. Technology, banking, metal, FMCG, cement and capital goods companies' shares .
SRF is likely to get 3.8 million CERs worth nearly Rs 270 crore, quoting Sources, reports CNBC-TV18. It touched an intraday high of Rs 325.25 and an intraday low of Rs 315.15. At 10:29 hrs the share was quoting at Rs 322.15, up Rs 8.80, or 2.81%.
Thinksoft Global Services has signed MoU with TalentSprint, reports CNBC-TV18. It touched an intraday high of Rs 90.80 and an intraday low of Rs 77.50. At 10:20 hrs the share was quoting at Rs 83.65, up Rs 6.25, or 8.07%.
Jindal Power (JPL) is looking to mop up Rs 7,000 crore with its initial public offering (IPO) which is set to hit the market by April this year.
Crest Animation Studios touched an intraday high of Rs 72.10 and an intraday low of Rs 65. At 09:51 hrs the share was quoting at Rs 70.60, up Rs 6.85, or 10.75%.
Hindustan Construction Company (HCC) touched an intraday high of Rs 41.10 and an intraday low of Rs 38.20. At 09:41 hrs the share was quoting at Rs 39.15, down Rs 2.30, or 5.55%.
Reliance Industries (RIL) is planning global hunt for shale gas eyeing Australia and Canada, reports Business Line. It touched an intraday high of Rs 1,007.50 and an intraday low of Rs 1,001.05. At 09:36 hrs the share was quoting at Rs 1,004.05, up Rs 6.25, or 0.63%.
Axis Bank was the top gainer on the Nifty. It touched an intraday high of Rs 1,297.95 and an intraday low of Rs 1,230.15. At 09:35 hrs the share was quoting at Rs 1,286, up Rs 57, or 4.64%.
Trilochan Sastry, IIM-B dean, created a new co-operative model for poor farmers in Andhra Pradesh. Now he may be in for a career switch.
The two books that impacted Harshal J Shah in his professional and personal life.
Businesses in Andhra Pradesh have good reason to worry about the fallout of the Srikrishna Report. But the report indicates that the storm may pass soon.
Indiabulls Real Estate board has okayed business restructuring, reports CNBC-TV18. It touched an intraday high of Rs 125 and an intraday low of Rs 121.25. At 09:28 hrs the share was quoting at Rs 123.10, up Rs 4.55, or 3.84%.
On January 17, 2011 Goodwill Trades Private Limited sold 100,000 shares of Birla Shloka Edutech at Rs 22.87 on the BSE. Yesterday the share closed at Rs 22.30.
On January 17, 2011 Satyavacha Financial Advisory Services Private Limited sold 350,000 shares of Dhampur Sugar Mills at Rs 74.17 on the BSE. Yesterday the share closed at Rs 73.
Tata Consultancy Services (TCS) Q3 consolidated net profit was up 9.24% at Rs 2,369.83 crore versus Rs 2,169.21 crore, QoQ, reports CNBC-TV18. It touched an intraday high of Rs 1,181.90 and an intraday low of Rs 1,168.60. At 09:20 hrs the share was quoting at Rs 1,181.15, up Rs 43.00, or 3.78%.
A fire broke out at a depot of state-run Indian Oil Corp and firefighters were trying to contain the blaze , police said on Tuesday.
The benchmark Nifty started the day on a positive note and touched the 5700 level in early trade, led by financial, metal, cement and metal stocks.
Ranbaxy Laboratories incorporated on dated June 16, 1961. Today Moon is transiting over the 12th house from the natal moon and other planetary combinations are indicating some downside in coming days.
The Indian rupee opened at 45.53 per dollar versus 45.51 yesterday.
Money Market Operations as on January 17, 2011
The two pillars of index strength in the last 15 months, IT & auto, seem to have broken down. Overall, the trend is likely to remain down even as volatility continues on a daily basis, says Gautam Shah of JM Financial.
Rallis India has declared its third quarter results. The company's Q3FY11 revenue was up 31% to Rs 271 crore versus Rs 207 crore, YoY.
We expect equity returns to be largely driven by earnings growth and not multiple re-rating, says Adrian Mowat of JPMorgan.
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