Essar Shipping up on buying interest
Essar Shipping Ports & Logistics touched an intraday high of Rs 88.45 and an intraday low of Rs 84.40. At 10:40 hrs the share was quoting at Rs 88.40, up Rs 7.15, or 8.80%.
Buy SBI; target of Rs 2800: Aditya Birla Money
Aditya Birla Money is bullish on State Bank of India (SBI) and has recommended buy rating on the stock with a target of Rs 2800 in its March 4, 2011 research report.
Gati likely to sell its shipping arm; stock gains
Gati is likely to sell its shipping arm Gati coast to a global shipping player valuing at in and around Rs 200-250 crore, reports Business Standard. It touched an intraday high of Rs 66.35 and an intraday low of Rs 61.90. At 10:24 hrs the share was quoting at Rs 62.90, up Rs 1.75, or 2.86%.
Mphasis moves up smartly
Mphasis touched an intraday high of Rs 468.30 and an intraday low of Rs 451. At 10:24 hrs the share was quoting at Rs 464.50, up Rs 13.70, or 3.04%.
Sensex maintains uptrend; banks, auto gain
Indian equity benchmarks were still trading higher at 10:24 hours, though they shaved off some early trade gains due to sell-off in heavyweights like ONGC, L&T, BHEL and Bharti. SAIL, Tata Motors and Ranbaxy Labs too were down.
Goldman's Blankfein to testify at Galleon trial
Goldman Sachs Group Chief Executive Lloyd Blankfein has agreed to testify for the US government at the upcoming trial of Galleon hedge fund founder Raj Rajaratnam, the Wall Street Journal reported, citing people familiar with the matter.
BP-RIL deal may usher in fresh oil, gas investments
BP's USD 7.2-billion deal to jump into India's oil and gas sector with Reliance Industries is the first sign of new investment that could attract more players, helping to boost output and meet surging demand.
Goldman in talks to buy Benchmark Mutual
Goldman Sachs is in advanced talks to buy Indian fund manager Benchmark Asset Management Co Pvt Ltd, which manages assets worth about USD 667 million, the Mint said on Friday citing a source it did not name.
Auto, infrastructure to outperform: Astrostocktips
Auto, infrastructure sectors will be getting astrological support, says Satish Gupta of astrostocktips.
FIDELITY MULTITRADE buys 6.52 Lk shares of Sharyans Res
On March 03, 2011 FIDELITY MULTITRADE PVT. LTD. bought 652,500 shares of Sharyans Resources at Rs 47 on the NSE. PASHA FINANCE PVT LTD sold 652,500 shares at Rs 47. Yesterday the share closed at Rs 58.
INDIA MAX INVESTMENT buys 50 Lk shares of K Sera Sera
On March 03, 2011 INDIA MAX INVESTMENT FUND LIMITED bought 2,500,000 shares of K Sera Sera Productions at Rs 11.23 on the BSE and bought 2,500,000 shares at Rs 11.22 on the NSE. Yesterday the share closed at Rs 11.04.
CITIGROUP GLOBAL buys 3.66 lakh shares of Agre Developers
On March 03, 2011 AMERICAN FUNDS INSURANCE SERIES A/C AMERICAN FUNDS INSURANCE sold 60,033 shares of Agre Developers at Rs 43.26 on the NSE.
Asia stocks set for biggest weekly rise in 3 mths
Asian stocks were poised for their best weekly gains in three months as market players hunted for bargains while the euro perked up after the European Central Bank signalled a rate hike as early as next month.
Rupee to rise on euro gains, firm shares
The rupee should rise on Friday, taking cues from overnight gains in the euro and expectations the dollar will weaken in the weeks ahead.
Nikkei rises on optimism over US jobs data
Japan's Nikkei average rose on Friday helped by Wall Street's gains on expectations for a big rise in US payrolls, while a weaker yen lifted exporters.
Bajaj Finserv touches 52-week high
Bajaj Finserv touched a 52-week high of Rs 567.85. At 09:19 hrs the share was quoting at Rs 558.60, up Rs 28.35, or 5.35%.
Camlin maintains its march ahead
Camlin touched an intraday high of Rs 55.40 and an intraday low of Rs 53.10. At 09:17 hrs the share was quoting at Rs 54.40, up Rs 2.45, or 4.72% on the NSE.
Strong global cues lift Nifty to the 5600 mark
The benchmark Nifty continued the uptrend for fifth consecutive session today following strong global cues, supported by good US economic data and stable oil prices.
Rupee opens at 44.93 per dollar
The Indian rupee opened at 44.93 per dollar versus 45.04 yesterday.
BSE Sensex to open up; ONGC, Glenmark eyed
The BSE Sensex is expected to start higher on Friday, supported by firmer Asian peers, and will be on course to register their second weekly gain in three.
Money Market Operations as on March 03, 2011
Money Market Operations as on March 03, 2011
Stocks in news: Gati, PFC, Amrutanjan, NTPC, Mphasis
Karnataka Bank | Gati | PFC | Lanco Infratech | ADC India Communications | Woolite Mercantile | Panacea Biotech | Amrutanjan Healthcare | Axis Bank | NTPC and Mphasis are stocks, which are in the news today.
Ganeshaspeaks: Market prediction for Mar 04
Ganesha feels that Nifty has tired with the efforts. It should be allowed to rest for some time. Hence Nifty will be silent for some time.
Nifty may rally up to 5582-5628: Angel
According to a report by Angel Broking, if Nifty trades above 5525 during the first half-an-hour of trade then we may witness a further rally up to 5582-5628 levels.
Obama, O'Reilly raise $750,000 in unlikely pairing
President Barack Obama and conservative TV host Bill O'Reilly might seem like an odd couple to some, but they recently put aside any political differences and teamed up to raise nearly USD 750,000 for US military families.
