Key benchmark indices cut losses after hitting their lowest level in over 16 weeks at the onset of the trading session. The barometer index, BSE Sensex, was down 47.91 points or 0.29% to 16,372.14. The market breadth was negative. Index heavyweight Reliance Industries (RIL) edged lower in early trade, with…
Cipla said after market hours on Thursday (10 May 2012) that its net profit rose 36.32% to Rs 291.74 crore on 11.86% growth in total income from operations (net) to Rs 1865.57 crore in Q4 March 2012 over Q4 March 2011. In Q4 March 2012, income from operations grew by…
The market is likely to extend three-day near 3% slide on weak Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 24 points at the opening bell. Pharma major Cipla may edge higher after strong Q4 results. Dr Reddy’s Laboratories announces FY…
Key benchmark indices fell for the third straight day to hit their lowest level in more than 16 weeks as data showing selling by foreign institutional investors over the past three trading sessions and weakness in European markets hurt investor sentiment. The barometer index, BSE Sensex, was down 59.53 points…
India’s merchandise export increased 3.2% to $24.50 billion in April 2012, while the imports rose 3.8% to $37.9 billion. The balance of trade stood at $13.4 billion in April 2012. During April 2012, the following sectors have done well with regard to exports- engineering (+ 14.2% to $5.2 billion), electronics…
Volatility ruled the roost as key benchmark cut losses after hitting their lowest level in more than 16 weeks in late trade. The barometer index, BSE Sensex, was provisionally down 44.41 points or 0.27%, off 236.64 points from the day’s high and up 58.15 points from the day’s low. The…
Volatility ruled the roost as the key benchmark regained positive zone after slipping into the red to hit their lowest level in more than 16 weeks in mid-afternoon trade. The 50-unit S&P CNX Nifty failed to retain the psychological 5,000 mark. The barometer index, BSE Sensex, was up 15.80 points…
Reliance Industries (RIL) said after market hours on Wednesday, 9 May 2012, that it has signed a $2 billion equivalent loan with nine banks covered by Euler Hermes Deutschland AG (Euler Hermes) on 7 May 2012 at Berlin, Germany. The loan will be primarily used to finance goods and services…
The market is likely to see a firm start as most Asian markets edged higher on Thursday on news that Greece will receive its latest debt bailout payment. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 13 points at the opening bell. Power…
A bout of volatility was witnessed in early trade as key benchmark indices after opening higher slipped into the red to hit lowest level in 1-1/2 weeks. The market breadth was negative. The barometer index, BSE Sensex, was down 72.10 points or 0.41%, off close to 165 points from the…
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