at the very Core of it all … is Content!
It was an incredible rally in a really long time. Led by rate sensitives like banking, realty and autos, the Nifty hit a fresh 52-week high of 6,157.10. Dealers attribute today’s strong up move to heavy buying by exchange-traded funds. Duvvuri Subbarao, Governor, Reserve Bank of India, added to the cheer. He said the apex …
The equity market ended Tuesday with marginal gains after Monday’s profit booking. The indices, which opened with a positive gap, managed to build momentum in the first half of the day. However, it slipped from the day’s high after the wholesale inflation data for April trickled in. Market participants seemed to have already factored in …
Dena Bank (Q4 FY13) – BUY CMP Rs91, Target price Rs105, Upside 15.4% ² After resilient performance in past, Dena Bank shocked the street with a steep fall in net profit by 39.1% qoq/50.7% yoy. Dip in Net Interest Income (8.6% qoq), sharp rise in Opex (25.4% qoq) driven by wage revision and significantly higher …
In the week ending May 11, 2013, domestic raw steel production was 1,881,000 net tons while the capability utilization rate was 78.5 percent. Production was 1,970,000 tons in the week ending May 11, 2012, while the capability utilization then was 79.2 percent. The current week production represents a 4.5 percent decrease from the same period …
After hitting a new calendar year high and surging past the 6100 mark in Saturday’s special trading session, profit-booking gripped the Nifty. It fell sharply in trade today registering its biggest intra-day percentage fall since May 8, 2012. Higher-than expected trade deficit numbers for April was all that the markets needed to free fall – …
We must accept finite disappointment, but never lose infinite hope — Martin Luther King, Jr. Some disappointment was always on the cards especially after the RBI released its Macroeconomic and Monetary Developments report in 2012-13. Friday turned out to be more of a damp squib with the Reserve Bank of India turning out a token …
The Indian equity market ended in the negative terrain for the first time in seven trading sessions amid profit booking in the scrips across the sectors. The decline was seen despite better than expected corporate earning from the Indian corporate Inc. Barring the BSE Auto and BSE Capital Goods index all the other major sectoral …
The Nifty has re-conquered the 5,900 mark, closing the April F&O series on a high. The Sensex too shut shop above 19,400. The markets rallied in the last half an hour of trade after volume-weighted average price-based buying in banking and auto stocks lifted the Nifty nearly 60 points from the day’s low. In lay …
After rallying for five straight trading sessions, the markets took a breather on Tuesday. After opening on a flat note, the markets remained under pressure throughout the day. However, a sudden bout of buying in the last hour of trade lifted the benchmark indices from the day’s lows. But it was barely sufficient for the …
The Indian equity market extended its thumping run to fifth straight trading session on Monday. The NSE Nifty index added another 50 points to its kitty with the index shutting shop above the 5800 mark. The index has rallied nearly 350 points in the past five trading sessions led by the Banking, Realty and the …