U.S. stocks opened positive on Monday, pushing major indexes up 1 percent as investor’s cheered fresh data pointed to signs of economic stabilization.
Market sentiment was underpinned by reassuring bank results from Europe, and the S&P 500 flirted with the key 1,000 level. Earlier it rose as high as 999.65, a nine-month high
The Institute for Supply Management reported its gauge of manufacturing activity rose to 48.9 in July from 44.8 in June. ...
FII and DII activity that was seen on Monday, Aug 3, 2009 is shown below. The report shows that FII were net buyers of Rs 347.01 crore where as DII saw buyers of Rs 61.01 crore.
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Last Trading Session: Indian Stock Market closed positive and maintain its march ahead but corrected in the afternoon session mainly because of negative cues from European market. Anyhow, again RIL, ONGC, SBI saved the market and helped nifty to touch the level of 4650.
Today: Indian Stock Market is expected to open flat to negative as global cues are quiet but most important level to watch out for is ...
The initial public offer of Adani Power, which closed on Friday, got subscribed over 14 times with most of the bids coming in from Institutional Investors.
The issue which has roped in institutional investors like Credit Suisse and T Rowe Price International Inc, received bids for over 350.26 crore shares against 24.87 crore shares on offer, achieving a demand for 14.08 times the shares on offer....
FII and DII activity that was seen on Friday, July 31, 2009 is shown below. The report shows that FII were net buyers of Rs 582.12 crore where as DII saw buyers of Rs 316.11 crore.
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Electrical equipment maker ABB Ltd on Friday reported a fall of 36.5 per cent in net profit to Rs 83.60 crore for the second quarter ended June 30.
Total income of the company also dropped to Rs 1,525.87 crore during the April-June period of current fiscal from Rs 1,637.62 crore of the same period last year.
Shares of ABB were trading at Rs 700.60 on BSE, up 1.93 per cent from its previous close.
Anil Ambani group firm Reliance Capital today reported a 56 per cent decline in consolidated net profit at Rs 151.04 crore for the first quarter ended June 30, 2009, as it booked lower capital gains.
Total income also declined three per cent to Rs 1,469.25 crore in the same quarter.
The company said the profit was lower on the back of "lower capital gains booked this quarter as substantial gains likely to be booked later this year from planned stake sale in Reliance Life Insurance."
As of June 30, the net worth of the company stood at Rs 7,500 crore. The total assets of the company stood at Rs 25,074 crore, an increase of ...
Reliance Communications, India's second-biggest mobile phone operator, posted an 8.3 percent rise in quarterly profit on Friday.
Reliance communications said its net profit rose to 16.37 billion rupees ($340 million) in its fiscal first quarter ended June, from 15.12 billion in the same period last year.
However the stock fell 2.18% at 275.75
US government report shows the economy sank at a pace of just 1 percent in the second quarter of the year. It was a better-than-expected showing that provided the strongest signal yet that the longest recession since World War II is finally winding down.
The Commerce Department says the dip in gross domestic product for the April to June period comes after the economy was in a free fall, tumbling at 6.4 percent pace in the first three months of this year. That was the sharpest downhill slide in nearly three decades.
Many economists were predicting a slightly bigger 1.5 percent annualized ...
Yesterday: Indian Stock Market closed positive with 200 points on the sensex led by short-covering in the bank shares specially ICICI and SBI. The positive global cues were also supporting the market to stay above 4550 on the nifty.
Today: Indian Stock Market is expected to open positive say 40-50 points on nifty. But now 15600 is a big resistive zone for the market & still market up-move is driven ...
FII and DII activity that was seen on Thursday, July 30, 2009 is shown below. The report shows that FII were net buyers of Rs 366.81 crore where as DII saw sellers of Rs 286.67 crore.
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IPO of Adani Power subscribe almost seven times on the third day of the IPO. Tomorrow is the last day of IPO & present grey market premium is 15rs.
As on Date...
The country's largest lender, SBI, today reported a growth rate of 42 per cent in net profit at Rs 2,330.37 crore for the first quarter ended June 30, 2009.
The bank has a net profit of Rs 1,640.79 crore in the same quarter of the last fiscal.
Total income during the quarter rose by 29.8 per cent to Rs 21,041.51 crore from Rs 16,203.07 crore in the same period last year.
During the quarter, interest income of the bank grew by 26.6 per cent to Rs 17,473 crore from Rs 13,799 crore in the same quarter previous fiscal. ...
Adani Enterprises today posted an over 36 per cent rise in its consolidated net profit to Rs 127.67 crore for the first quarter ended June 30.
The consolidated total income of the company also rose to Rs 6,389.61 crore during the April-June period of the current financial year from Rs 5,051.80 crore in the same quarter last year.
On a standalone basis, the company registered a net profit of Rs 78.73 crore during the latest quarter of FY10, up by over 17 per cent.
Shares of Adani Enterprises today closed at Rs 827.10, ...
Anil Ambani group firm Reliance Infrastructure on Thursday reported a net profit of Rs 316.57 crore for the first quarter ended June 30, 2009
Total income rose to Rs 2,690.51 crore during the April-June quarter from Rs 2,400.55 crore in the same period last fiscal.
At the end of June quarter, the company's cash ...
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