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  • Exit JSPL, prefer Dishman Pharma: Kunal Bothra Mar 23, 2015 03:04 PM IST

    Exit JSPL, prefer Dishman Pharma: Kunal Bothra

    Kunal Bothra of LKP Securities advises exiting Jindal Steel & Power and prefers Dishman Pharma.

  • No to JSPL coal bids may open pandora‘s box of uncertainty Mar 23, 2015 12:39 PM IST

    No to JSPL coal bids may open pandora‘s box of uncertainty

    the fundamental problem with the coal auctions is the segregation of mines for power and non-power. Once you do this, the mines earmarked for power will draw only power sector players, and this automatically reduces the numbers of bidders (and bid values) for each mine.

  • JSPL tanks 15% after govt cancels bids for 3 coal blocks Mar 23, 2015 11:10 AM IST

    JSPL tanks 15% after govt cancels bids for 3 coal blocks

    Shares of Jindal Steel & Power plunged 15 percent in early trade Monday after the government rejected three successful bids in the recently-concluded coal block auctions.

  • Sensex, Nifty erase early gains; JSPL tanks 13% Mar 23, 2015 09:15 AM IST

    Sensex, Nifty erase early gains; JSPL tanks 13%

    Jindal Steel tanked 13 percent as sources told CNBC-TV18 that government rejected company's bids for coal blocks.

  • Nifty may open in green; keep an eye on JSPL,Hindalco Mar 23, 2015 07:59 AM IST

    Nifty may open in green; keep an eye on JSPL,Hindalco

    Stocks in the US jumped about 1 percent to close near highs on Friday, continuing several days of alternating gains and losses as investors weighed a weaker dollar.

  • Sensex up 299 pts ahead of Fed meet; banks, metals shine Mar 17, 2015 05:00 PM IST

    Sensex up 299 pts ahead of Fed meet; banks, metals shine

    The market managed to recoup some of its losses on Tuesday with the Sensex scoring a 1 percent on short covering and ahead of beginning of two-day Federal Reserve meeting. However, the index shed 493 points in previous two sessions.

  • Sensex ends up 299 pts, Nifty at 8723 ahead of Fed meet Mar 17, 2015 02:00 PM IST

    Sensex ends up 299 pts, Nifty at 8723 ahead of Fed meet

    Hindalco surged 5 percent while Sesa Sterlite and Dr Reddy's Labs gained up 3-4 percent. Axis Bank and BHEL were other top gainers in the Sensex. Among the losers were Infosys, Bharti Airtel, Wipro, Coal Indi and HUL.

  • Sensex sheds over 350 pts, Nifty holds 8800; JSPL surges Mar 09, 2015 12:00 PM IST

    Sensex sheds over 350 pts, Nifty holds 8800; JSPL surges

    The market extended losses in noon trade with the Sensex losing nearly 400 points dragged by weakness in banking, metals and technology stocks.

  • Govt re-examining 4 coal blocks auctioned in first phase Mar 01, 2015 03:58 PM IST

    Govt re-examining 4 coal blocks auctioned in first phase

    The government had recently auctioned 19 coal blocks. The second round of auction of 21 coal blocks has, however, been put off to March 4. The auction of mines in the second tranche was earlier scheduled to begin from February 25.

  • Sensex volatile; JSPL slips, Titagarh Wagons most active Feb 23, 2015 12:00 PM IST

    Sensex volatile; JSPL slips, Titagarh Wagons most active

    The market started the Budget week on a flat note as the Nifty traded near the 8,850 mark. The broader markets marginally outperformed benchmarks.

  • Sensex snaps 7-day rally, down 231 pts; BHEL jumps 5% Feb 20, 2015 04:27 PM IST

    Sensex snaps 7-day rally, down 231 pts; BHEL jumps 5%

    Market experts feel overall the market has been consolidating around 8800-8900 levels ahead of Budget (to be announced on February 28). Budget may decide the market trend from next month onwards, they say.

  • JSPL drops out of Gare Palma IV/1 bidding citing high price Feb 20, 2015 01:27 PM IST

    JSPL drops out of Gare Palma IV/1 bidding citing high price

    A day after Jindal Steel and Power engineered a virtual coup by bagging rights to explore Gare Palma IV/2 and 3 at a low price of Rs 108 per tonne, a development that sent its shares soaring 26 percent yesterday, the company suffered an upset by failing to qualify as a bidder for Gare Palma IV/1.

  • Nifty struggles below 8900; JSPL dips, SpiceJet & Mastek up Feb 20, 2015 12:00 PM IST

    Nifty struggles below 8900; JSPL dips, SpiceJet & Mastek up

    The market remained under pressure in noon trade due to selling in technology, private banking & financials, select auto and oil stocks.

  • Sensex up 142 pts; metals shine, JSPL top gainer on Nifty Feb 19, 2015 04:28 PM IST

    Sensex up 142 pts; metals shine, JSPL top gainer on Nifty

    Metals played a key role in today‘s trade with the BSE Metal index climbing nearly 4 percent amid ongoing coal block e-auction.

  • Coal auction: Jindal Steel up 23% on Gare Palma IV/2&3 win Feb 19, 2015 02:09 PM IST

    Coal auction: Jindal Steel up 23% on Gare Palma IV/2&3 win

    The government is auctioning the coal blocks after the Supreme Court cancelled allocation of 204 mines in September last year. It has put 19 mines on block in the first tranche.The last day for the auction of mines in first tranche is 22 February.

  • Nifty ends tad below 8900, Sensex up 142 pts; metals shine Feb 19, 2015 02:00 PM IST

    Nifty ends tad below 8900, Sensex up 142 pts; metals shine

    JSPL is the biggest gainer today, up a whopping 23 percent after the company won back its Gare Palma 2 and 3 blocks. The management told CNBC-TV18 that they can use coal from Gare Palma for other plants as well and additional merchant power sales can happen at coal e-auction prices.

  • Weekly wrap: Mkt rebounds on positive macros, global cues Feb 13, 2015 05:07 PM IST

    Weekly wrap: Mkt rebounds on positive macros, global cues

    During the week FIIs sold stocks worth Rs 2699.04 while DIIs bought Rs 2173.89 cr worth of stocks.

  • Sensex gains 178 pts, Midcap & Smallcap up 1.5%; JSPL jumps Feb 11, 2015 04:20 PM IST

    Sensex gains 178 pts, Midcap & Smallcap up 1.5%; JSPL jumps

    Experts believe the upside may continue till Budget (to be announced on February 28). However, they see some correction post Budget.

  • Sensex up 178 pts, Nifty ends at 8627; Axis Bank gain 3% Feb 11, 2015 02:00 PM IST

    Sensex up 178 pts, Nifty ends at 8627; Axis Bank gain 3%

    Axis Bank was up 3 percent while NTPC, Maruti, L&T and RIL were top gainers in the Sensex. Among the losers were ONGC, BHEL, M&M, Cipla and Tata Motors.

  • JSPL cuts 800 jobs after reporting Rs 1,675 cr loss in Q3 Feb 04, 2015 07:02 AM IST

    JSPL cuts 800 jobs after reporting Rs 1,675 cr loss in Q3

    Steel maker JSPL has cut over 750 jobs as the company reported Rs 1,675 crore consolidated loss for the third quarter ended December, 2014 mainly due to payment of the Supreme Court imposed penalty on coal block allocation scam.

  • JSPL Q3 profit seen down 52% to Rs 270 cr: Poll Feb 03, 2015 10:47 AM IST

    JSPL Q3 profit seen down 52% to Rs 270 cr: Poll

    Jindal Steel & Power's (JSPL) third quarter profit after tax is seen falling 52 percent year-on-year to Rs 270 crore, according to the average of estimates of analysts polled by CNBC-TV18. PAT is expected to get hit due to elevated interest cost, say analysts.

  • Weekly wrap: Power, capital goods shine as market gains 2% Jan 02, 2015 05:43 PM IST

    Weekly wrap: Power, capital goods shine as market gains 2%

    Brokers said the rally was driven by local operators, who were more active than usual as most foreign institutional investors (FIIs) were holidaying

  • Weekly wrap: Market corrects finally; Sensex, Nifty slip 4% Dec 12, 2014 06:59 PM IST

    Weekly wrap: Market corrects finally; Sensex, Nifty slip 4%

    Weakness was ubiquitous this week, with broader markets at the center of profit-taking. BSE Small Cap and CNX Midcap indices were down 3.4-3.8 percent, performing slightly better than the benchmarks

  • India's steel consumption grows by 1.3% in Apr-Nov Dec 09, 2014 08:26 PM IST

    India's steel consumption grows by 1.3% in Apr-Nov

    India's steel consumption grew by a moderate 1.3 per cent to 48.62 million tonnes during the April-November period of current fiscal on lingering effect of the economic slowdown and slow growth in production.

  • Sensex, Nifty consolidate; JSPL, BHEL, Sesa top gainers Dec 03, 2014 12:00 PM IST

    Sensex, Nifty consolidate; JSPL, BHEL, Sesa top gainers

    Jindal Steel topped the buying list, up 7.53 percent followed by BHEL, Asian Paints, Sesa Sterlite, IndusInd Bank, Axis Bank, Mahindra & Mahindra and Maruti Suzuki with 1-3 percent gain.

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