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India and Pakistan will come to an absolute standstill when 22 men - carrying the hopes of two emotionally charged-up nations - will put themselves in the line of fire for a place in the World Cup final
Prime Focus touched an intraday high of Rs 55.80 and an intraday low of Rs 49.50. At 11:12 hrs the share was quoting at Rs 55.25, up Rs 5.90, or 11.96%.
Dr Reddys Laboratories touched an intraday high of Rs 1,644.65 and an intraday low of Rs 1,616. At 11:12 hrs the share was quoting at Rs 1,632.50, up Rs 34.10, or 2.13%. The company has announced completion of the acquisition of US penicillin facility and products from GlaxoSmithKline.
On March 29, 2011 BABUBHAI PURUSHOTTAMDAS STOCK BROKERS PVT LTD bought 225,000 shares of Triveni Glass at Rs 10.23 on the BSE.
Financial Technologies India on Wednesday said that it was repaying Rs 179.69 crore to financial institution IFCI under the terms of the deal for the 5% stake in MCX-SX. In July 2009, IFCI had paid Rs 251.56 crore for a 5% stake in MCX-SX, the stock exchange promoted by Financial Technologies.
On March 29, 2011 DESTINY SECURITIES LTD sold 200,000 shares of SV Electricals at Rs 94.30 on the BSE. PORTRAIT VYAPAAR PRIVATE LIMITED sold 200,000 shares at Rs 94.30 on the BSE.
PTC India Financial Services has disappointed the street on the first day on exchanges, with the falling more than 12% to Rs 24.50 a share as against Rs 28 in early trade. At 10:51 hrs it touched an intraday high of Rs 28 and an intraday low of Rs 23.50. It was trading with volumes of 11,696,959 shares.
On March 29, 2011 PASUPATI TRADELINK PVT LTD bought 500,000 shares of Splash Media at Rs 32.90 on the BSE.
Bulls have consistently been backing the Indian equity benchmarks since Tuesday of previous week, supported by leading sectors. The Nifty was inching up towards the 5800 level - the Nifty March and April futures were already started trading above that level at 10:45 hours.
Today the paper stocks rallied on news of International Paper plans to buy 53.5% stake in AP Paper Mills for USD 257 million.
Japan's government is likely to set aside 2 trillion yen (USD 24.3 billion) for disaster relief in its first emergency budget and aims to submit the bill to parliament in April, the Nikkei newspaper reported on Wednesday.
Banking, capital goods and auto sectors will be getting astrological support, says Satish Gupta of astrostocktips.
Apollo Tyres shares, which were quoting around Rs 70 at the start of this calendar, plunged to a 52-week low of Rs 44.05 in the first week of February, caught between a falling market and a sharp rise in prices of rubber—the key raw material for tyres.
France and the United States will help Japan in its battle to contain radiation from a crippled nuclear complex where plutonium finds have raised public alarm over the world's worst atomic crisis since Chernobyl in 1986.
Lanco Infratech has raised debt of Rs 5500 crore from PFC to finance its 1320 mw power generation unit in Chhattisgarh, reports The Economic Times. It touched an intraday high of Rs 40.60 and an intraday low of Rs 39.90. At 09:35 hrs the share was quoting at Rs 40.15, up Rs 0.45, or 1.13%.
Gitanjali Gems touched an intraday high of Rs 259 and an intraday low of Rs 242.50. At 09:32 hrs the share was quoting at Rs 252.50, up Rs 13, or 5.43%. PE firm L Capital is likely to pick up a minority stake in the company for around USD 100-125 million, reports Business Standard.
Tata Teleservices (Maharashtra) is likely to announce Rs 3000 crore IPO this week to fund network expansion, reports DNA. It touched an intraday high of Rs 16.14 and an intraday low of Rs 15.40. At 09:30 hrs the share was quoting at Rs 16.05, up Rs 0.83, or 5.45%.
Japan is a country that has learnt, the hard way, to be prepared for disaster. And on March 11, this preparedness was crucial in saving many lives.
DB Realty touched an intraday high of Rs 111.80 and an intraday low of Rs 101.65. At 09:28 hrs the share was quoting at Rs 111.70, up Rs 11.90, or 11.92%.
Andhra Pradesh Paper Mills touched an intraday high of Rs 236.95 and an intraday low of Rs 236.95. At 09:19 hrs the share was quoting at Rs 236.95, up Rs 39.50, or 20.01% on the NSE. International Paper is going to buy 53.5% stake in the company for USD 257 million, reports CNBC-TV18.
Indian equity benchmarks were unstoppable in their uptrend as they have been rallying for the seventh consecutive session today, tracking positive global cues and especially stabilising crude oil prices around USD 114-115 a barrel.
The Indian rupee opened at 44.76 per dollar versus 44.78 yesterday.
Money Market Operations as on March 29, 2011
After completing its Court of Inquiry into the Adarsh Housing Society scam, the Army has issued show cause notice to a serving Major General about his alleged role in allowing the private building to be constructed on defence land.
Ford India on Wednesday rolled out its 1,00,000th engine from its Chennai facility which was achieved just 14 months after operations.
