Nifty gains further; ICICI Bank, SBI, RIL lead
Indian equity benchmarks gained further on the back of short covering amid mild volatility at 12:51 hours, pulled up by heavyweights like SBI, ICICI Bank, ITC, Tata Motors, Reliance Industries, Bharti Airtel, Wipro and Infosys.
Eco Survey: Expect fiscal consolidation in mid-term
The fiscal outcome in the first nine months of the current financial year remained broadly on the consolidation track charted by the Budget, says the Economic Survey presented by the Union Finance Minister, Shri Pranab Mukherjee in the Parliament.
Economy Survey: Service sector likely to see 9.6% growth
The advance estimates (AE) of the Economic Survey 2010-11 put the growth rate of the services sector at 9.6%. This is despite global deceleration in the sector. The sector had registered 10.1% growth in 2009-10.
ICICI Bank minting money
ICICI Bank touched an intraday high of Rs 995.90 and an intraday low of Rs 966. At 12:47 hrs the share was quoting at Rs 995, up Rs 41.55, or 4.36%.
Economic Survey 2011: Agri needs to grow at 8.5% in 2011-12
There is a marked improvement in the gross capital formation (GCF) also in agriculture sector.” This has been observed by the Economic Survey presented in the Lok Sabha today by the Finance Minister Shri Pranab Mukherjee.
RBI Reference Rate for US $ and Euro
RBI Reference Rate for US $ and Euro
Economic Survey: Infra investment to rise to 8.37% in 2012
The Economic Survey 2010-11 states that the infrastructure structure is a mixed bag of performance; some like telecommunications have done exceedingly well and in some others there have been less than targeted achievement.
IDFC among major gainers
Infrastructure Development Finance Company (IDFC) was among major gainers on the Nifty. It touched an intraday high of Rs 137.45 and an intraday low of Rs 131.70. At 12:42 hrs the share was quoting at Rs 137.20, up Rs 5.85, or 4.45%.
Economic Survey suggests consolidation of fiscal deficit
A sharp price in food price inflation has been a major cause of concern of our economy during 2010-11, however, high inflation in food article is not unique to India.
Hindalco Industries top loser on Nifty
Hindalco Industries was the top loser on the Nifty. It touched an intraday high of Rs 209 and an intraday low of Rs 196.20. At 12:42 hrs the share was quoting at Rs 199.35, down Rs 5.95, or 2.90%.
Economic Survey: Net bank credit to infra rises 59%
Net bank credit to infrastructure in 2009-10 defined as the difference between outstanding gross deployment of bank credit to infrastructure in March 2009 and March 2010, increased substantially in the current fiscal.
Ansal Properties, Red Fort Capital signs agreement to undertake expansion of residential township project in Gurgaon
Ansal Properties & Infra, Red Fort Capital signs agreement to undertake expansion of residential township project in Gurgaon.
Economic Survey 2010-2011 Report: Download it here
The Indian economy is expected to grow at 8.75-9.25% in financial year 2012 according to the Economic Survey for the year 2011-12 announced on Friday. The Economic Survey 2010-11 report has been released by the government.
Goldman Sachs sells 9,87,799 shares of Praj Industries
Praj Industries has touched an intraday high of Rs 66.20 and an intraday low of Rs 62 today. At 12:19 hours the share was trading at Rs 64.45, down Rs 0.25, or 0.39%.
Merrill Lynch sells 5.62 lakh shares of Orchid Chemicals
Orchid Chemicals and Pharmaceuticals has touched an intraday high of Rs 266.75 and an intraday low of Rs 247.10. At 12:15 hours the share was trading at Rs 258.80, down Rs 6, or 2.27%.
BARCLAYS CAPITAL sells 24 lakh shares of Nagarjuna Fert
On February 24, 2011 BARCLAYS CAPITAL MAURITIUS LIMITED sold 2,400,000 shares of Nagarjuna Fertilisers and Chemicals at Rs 26.94 on the NSE. CREDIT SUISSE FIRST BOSTON (SINGAPORE) LIMITED sold 2,456,000 shares at Rs 27.06 on the NSE. Yesterday the share closed at Rs 26.95.
CREDIT SUISSE sells 17.46 Lk shares of Mercator Lines
On February 24, 2011 CREDIT SUISSE FIRST BOSTON (SINGAPORE) LIMITED sold 1,746,125 shares of Mercator Lines at Rs 34.51 on the NSE. Yesterday the share closed at Rs 34.40.
CREDIT SUISSE sells 2.79 lakh shares of Great Offshore
On February 24, 2011 CREDIT SUISSE FIRST BOSTON (SINGAPORE) LTD sold 279,000 shares of Great Offshore at Rs 226.17 on the NSE. Yesterday the share closed at Rs 225.15.
CREDIT SUISSE sells 26.08 Lk shares of Firstsource Sol
On February 24, 2011 CREDIT SUISSE FIRST BOSTON (SINGAPORE) LTD sold 2,608,000 shares of Firstsource Solutions at Rs 16.03 on the NSE. Yesterday the share closed at Rs 16.
Reliance Mutual Fund buys 15 Lk shares of Aurobindo Pharma
On February 24, 2011 MANDATUM INDIA FUND sold 2,353,228 shares of Aurobindo Pharma at Rs 173.03 on the NSE. However, RELIANCE MUTUAL FUND bought 1,500,000 shares at Rs 172.99. Yesterday the share closed at Rs 170.15.
Woolite Mercantile acquires 1 lakh shares of Prism Medical & Pharmacy
Woolite Mercantile has acquired 1 lakh equity shares of Rs 10 each of Prism Medical & Pharmacy with a total investment of Rs 10 Lakh.
Credit Suisse - Singapore sells 94K shares of JSW Holdings
At 11:55 am, Jindal South West Holdings has touched an intraday high of Rs 879.00 and an intraday low of Rs 856.
Railway Budget 2011-12: The highlights
Railway Minister Mamata Banerjee presented her third Railway Budget in Parliament on Friday.
India to grow at 8.75-9.25% in FY12: Economic Survey
The Indian economy is expected to grow at 8.75-9.25% in financial year 2012 according to the economic survey for the year 2011-12 announced on Friday.
Liquidity Adjustment Facility : Auction Results
Liquidity Adjustment Facility : Auction Results
