Nifty selling pressure may subside if Nifty trades above 8240. FII and Pro are still on the sell side of the market. Stock Market Today by Shailesh Saraf.
BPCL Share Price gained almost 2 per cent on Thursday (10th June 2016) after the Reserve Bank of India (RBI) allowed the foreign investors to raise their holdings in the company to up to 49 per cent. The stock price went up by 1.90 per cent to reach at Rs 998.70 on Bombay Stock Exchange. Intra-day, it rose by 2.54 per cent to touch the price of Rs 1,005 (10th June 2016).
Indian Market Outlook High drama unfolded in the Indian markets today even as Rising Volatility spurred panic amongst the Nifty share price bulls. Markets opened at 8195 in the morning and gave up much of its gains before making a low of 8085 midway through the day's trade. The Japanese Nikkei on the other hand sounded alarm bells in the early hours after The BOJ maintained status quo on its interest rate policy sending the Y
Deepak Fertilizers Share Price surged over 7 per cent in an early trade on Tuesday (14th June, 2016) after the Ministry of Chemicals and Fertilizers agreed to release about Rs 485 crores in lieu to the outstanding subsidy payments to the company. The share price gained 7.78 per cent to Rs 166.85 on the Bombay Stock Exchange in the morning trade (14th June, 2016).
NCC is hoping to receive fresh orders worth Rs.1000 crore in FY17, with a plan on increasing the number of road projects, says the company's Executive Vice President - Finance YD Murthy. In an interview with CNBC-TV18, YD Murthy said that NCC is bidding not merely for NHAI orders but also road projects at state level. The company would be looking at hybrid models of BOT- build-operate-transfer projects, he added. This fiscal, Murthy also expects their international business t
Coal India is a maharatna company is a single largest coal producer in the world. Company operates through 81 mining areas it is a body with 7 wholly owned coal producing subsidiaries. Coal India produces around 81.1% of overall coal in India. 82 out of 86 thermal power plants are dependent on the company. Products & Services of Coal India
Jet Airways gained on Wednesday after the much-awaited national civil aviation policy that looks to strengthen regional connectivity and tap the sector's high growth potential was cleared by the Union Cabinet on Wednesday. Shares of Jet Airways closed 0.21 percent higher at Rs 561. Benchmark index Bombay Stock Exchange(BSE) Sensex settled 330.63 points, or 1.25 %, up at 26,726.34. Ashok Gajapathi Raju, Civil Aviation Minis
Sutlej Textiles and Industries which is a raw material supplier to branded textile manufacturers like Page Industries, Arvind, Raymond and Siyaram, has recorded over 70 per cent return in the past one year. Sutlej Textiles Share Price had touched a 52-week low of Rs 336 on June 15, 2015, from that date they have zoomed up by 72 per cent. Expectation of higher profit due to margin expansion has led to strong buying interest in Sutlej Textiles shares, market analysts say. Sutlej Te
The Sintex group is engaged in the production of plastics and niche textile-related products with global footprints in over 9 countries. Sintex Industries Ltd started its plastic division in 1975 and today the company has the most diversified manufacturing capabilities in plastic processing in the world with 10 plants and 12 manufacturing processes under one roof and has more than 5 lakh sq. mtr area. They have over 500 distributors and around 10000 retailers across pan Indi
The Union Cabinet yesterday gave an in-principle approval to a proposal for merging 5 associate banks with SBI - State Bank of India. But the proposal might come up again for final clearance due to some legal issues which need to be worked out. SBI has 5 associate banks - State Bank of Hyderabad, State Bank of Bikaner and Jaipur, State Bank of Patiala, State Bank of Travancore and State Bank of Mysore. Arun Jaitley, Finance Minister, had said at the second edition of the Gyan Sangam
