FII and DII activity that was seen on Thursday, July 02, 2009 is shown below. The report shows that FII were net buyer of Rs 247.26 crore where as DII saw buying of Rs 212.65 crore.
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Yesterday: Indian Stock market open flat and went up followed by sharp correction. Market went up sharply due to positive opening of European market so overall very bad day for traders as fluctuation was @ its best.
Today: Indian Stock Market is expected to open positive due to positive global cues also due to positive steps to increase fuel prices by govt. ...
The government has hiked prices of petrol and diesel prices by Rs 4 per litre and Rs 2 per litre respectively. The government though decided to leave prices of kerosene and liquefied petroleum gas (LPG) untouched. The hike comes into effect from midnight. Addressing a hurriedly-called press conference, Oil Secretary RS Pandey said. “It has become necessary to marginally increase the prices of petrol and diesel against the under recoveries,” Pandey said.
The hike was necessitated because of rising international crude oil ...
FII and DII activity that was seen on Wednesday, July 01, 2009 is shown below. The report shows that FII were net buyer of Rs 185.58 crore where as DII saw selling of Rs 76.38 crore.
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India's exports fell for the eighth month in a row in May, this time by 29.2 per cent, due to global downturn, while imports dropped by 39.2 per cent, reflecting slowdown in domestic consumption.Imports dipped to $16.21 billion in May from $26.68 billion over the year-ago period. Imports during the first two months of the current fiscal were $31.95 billion against $51.50 billion.
The trade deficit during April-May 2009-10 was $10.20 billion against ...
U.S. private employers cut 473,000 jobs in June, more than expected but down from the 485,000 jobs lost in May, a report by a private employment service said on Wednesday. Though June's job loss was the smallest since October 2008, the surprisingly large number of cuts deals a setback to those expecting the U.S. economy to recover soon.
After the report, U.S. stock index futures pared their gains. U.S. Treasury debt prices initially recovered some ground but were then hit by renewed selling. The U.S. ...
Hindalco Industries of the Aditya Birla group, on Tuesday said its consolidated net profit fell 80% due to weak global demand and soft metal prices. The country’s largest metals company said its consolidated net profit, which includes Canadian aluminium major Novelis, totalled Rs 485 crore for the year ended March 2009, compared with Rs 2,193 crore in the previous year.
Consolidated revenue for the year increased by almost 10% to Rs 65,625 crore. Referring to the ...
In order to reduce the losses of Oil marketing companies govt. will likely to increase petrol prices by 4rs/lit where hike in the diesel price has not decided yet. Petroleum minister today meet prime minister regarding hikes in petrol prices.
Increase in the oil prices is very much necessary as fuel prices in the international market went up over 70$ which increase the subsidy burden on the government as well as on companies. By these hike government would save 2-3bn$ as ...
Yesterday: As we said Indian stock Market would move up only if breaches resistance of 15000 for sensex but market again failed to cross its resistance level near 15000 for sensex and it corrected sharply. Market closed below support level of 4300 for Nifty.
Today: Indian Stock Market is expected to open flat to positive but still we believe that market will be up ...
Billionaire investor George Soros Tuesday predicted a slower recovery for economy of the United States, saying fears of inflation will drive up interest rates and choke off growth. "As markets revive, fear of inflation will drive up interest rates, which will choke off recovery," he said.
Rising U.S. Treasury yields have driven mortgage rates back up, threatening a recovery in the housing market and a refinancing boom that has helped preserve the still-fragile health of recession-weary households and the banks that lend to them. The rise in bond yields and mortgage rates may also act to ...
Mahindra Holidays & Resorts India Ltd has fixed the issue price at Rs 300 per share for its initial public offering of 92,65,275 shares of Rs. 10 each. The 100% book-built issue opened on June 23 and closed on June 26.
The price band was fixed between Rs 275 and Rs 325 per equity share. The size of the issue stood at Rs 301.12 crore at the upper end of the price band and Rs 254.80 crore at the lower end of the band.
The issue was subscribed 9.8 times with QIB portion subscribed around 12.83 times; HNIs ...
Wind energy major Suzlon posted a net loss of Rs.4.69 billion in the last fiscal compared to a profit of Rs.12.65 billion in the previous fiscal, the company said Monday. The total income of the company grew 5.12 percent to Rs.74.12 billion for the year ended March 31 from Rs.70.51 billion in the previous period.
The company recognized the poor performance to the external economic environment.
"FY2008-09 has been a challenging year for all industries, and the wind sector is no exception," said Tulsi Tanti, chairman and managing director of Suzlon Energy Limited.
The group, along with its subsidiaries, posted a ...
Hospital chain Fortis Healthcare today said its consolidated net profit stood at Rs 6.69 crore for the quarter ended March 31, 2009. The company had a net loss of Rs 10.56 crore in the same period ended March 2008.
Total income of the company rose to Rs 172.75 crore during the quarter from Rs 132.85 crore in the same period last year, it said in a filing to the Bombay Stock Exchange. For the financial year 2008-09, the company posted a consolidated net profit of Rs 24.06 crore. It had a net loss of ...
Rejecting offer for talks, Mukesh Ambani-run Reliance Industries on Tuesday told Anil Ambani group firm RNRL that it would not sign any agreement on the gas supply issue without approval of the government. RIL, which is believed to be preparing to move the Supreme Court early next month, in a communication to RNRL noted that it had been advised that there was lack of clarity in the judgment on the aspect of the government's role in the issue, sources in the know said quoting the letter.
"We cannot sign any agreement without approval of the government ...
FII and DII activity that was seen on Tuesday, June 30, 2009 is shown below. The report shows that FII were net buyer of Rs 107.88 crore where as DII saw buying of Rs 197.98 crore.
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