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USD83 million (INR 4500 million) Valuation Achieved Pune, May 30, 2013: Leading international property consultants Jones Lang LaSalle India have successfully concluded the largest M&A real estate deal in Pune this year to date. Acting on behalf of the company holding BlueRidge Special Economic Zone (SEZ) Phase 1, the Firm’s Capital Markets team has successfully …
28th May, 2013 : Nifty retakes 6100; long rollovers positive The market surged post noon on the back of cash buying in auto, oil and gas, and consumer durable stocks. Bulls will take heart that the Nifty has managed to close above the 6,100 mark. However, things didn’t look so rosy when the markets opened …
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 …
What a dreadful day for the market in general and Infosys in particular! The Indian equity indices ended with deep cuts on Friday as sentiment got hit post disappointing quarterly earning announced by Infosys. The stock plunged over 25% in a single trading session registering its biggest single day fall since April 2003. After an …