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State-run Oil and Natural Gas Corp (ONGC) does not think its approval is needed in the USD 10-billion deal between Cairn Energy and Vedanta Resources, the Economic Times reported on Friday, citing an unnamed company official.
On February 10, 2011 RATHA INFRASTRUCTURE PVT LTD bought 2,591,784 shares of KS Oils at Rs 33.52 on the NSE. Yesterday the share closed at Rs 33.85.
On February 10, 201 AMAS INDIA INV MAURITIUS LTD bought 250,000 shares of at Rs 113 on the BSE bought 250,000 shares at Rs 113 on the NSE.
Arnold Schwarzenegger is changing his famous catch-phrase to I'm back from I'll be back. The former governor of California said on Thursday that he was returning to his former role as a Hollywood action hero.
On February 10, 2011 ACACIA INSTITUTIONAL PARTNERS bought 171,207 shares of Bajaj Corp at Rs 379.68 on the BSE. CUNIF F& GOLDFARB INC SUB A/C ACACIA CONSERVATION F bought 180,000 shares at Rs 380.02. Yesterday the share closed at Rs 384.55.
Zee Entertainment Enterprises has board meeting today for buyback, reports CNBC-TV18. It touched an intraday high of Rs 116.75 and an intraday low of Rs 114.05. At 09:32 hrs the share was quoting at Rs 116.10, up Rs 2.95, or 2.61%.
Rising prices are threatening to put onions in the realm of the exotic; but the myths about them, and their medicinal benefits, have given them a place in the sun.
On February 10, 2011 JMP SECURITIES PVT LTD bought 226,413 shares of at Rs 74.73 on the NSE and bought 288,298 shares at Rs 75.15 on the BSE. However, JMP SECURITIES PVT LTD sold 374,413 shares at Rs 74.80. Yesterday the share closed at Rs 74.50.
Kraft Foods Inc reported higher-than-expected quarterly sales on Thursday, helped by its acquisition of Cadbury.
The downtrend in the telecom stocks continues. At 09:26 hrs Idea Cellular was quoting at Rs 63.30, down Rs 1.40, or 2.16% on the NSE.
The benchmark Nifty was quiet in opening trade and was hovering just around its previous closing value, after a sharp cut seen in last few sessions.
Banking & financial sector will be receiving astrological support, says Satish Gupta of astrostocktips.
The Indian rupee opened at 45.70 per dollar versus 45.72 yesterday.
China has created a "state planning" zone covering the country's biggest rare earth mines in a move to cut production of the vital rare mineral elements used for numerous high-tech goods, the official Xinhua news agency reported on Thursday night.
The rupee should extend its fall on Friday tracking a broadly firm dollar overseas, and traders will be watching factory output data and local shares.
Kotak Mutual Fund has increased its exposure in oil & gas, information technology and utilities sector. However, it reduced its investments in banking & financial services, media & entertainment and food & beverages space.
Money Market Operations as on February 10, 2011
Moser-Baer has reported a net loss of Rs 115.7 crore for the quarter ended December 2010 as against profit of Rs 3.2 crore in same quarter the previous year.
World’s largest luxury conglomerate, LVMH, through its private equity arm L Capital, is set to acquire a significant minority stake in Gitanjali Gems’ proposed subsidiary that will control its branded jewellery and retail businesses.
According to a report by Angel Broking, if Nifty trades below 5232 levels for the first half-an-hour of trade then it may correct up to 5191-5156 levels.
Today some bounce back is expected in banking and finance companies in stock market, says Ajay Jain of astromoneyguru.
United Breweries Q3 net profit was up 40.5% at Rs 29.8 crore versus Rs 21.2 crore, YoY.
US President Barack Obama has asked Egypt to explain in "clear" and "unambiguous" language the "step by step" process that will lead to democracy in the country, after its President Hosni Mubarak today refused to step down from power.
Gitanjali Gems | BEML | Lanco Infra | Hindalco | Firstsource | Allied Digital | Zee Entertainment | Grasim | Unitech | HDIL and Tata Motors are stocks, which are in the news today.
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.
