Shares of public sector oil marketing companies (PSU OMCs) will be in focus as oil marketing companies are reportedly considering an increase in the prices of automobile and cooking fuels as early as next week. PSU OMCs are looking at an increase of between Rs 4-5 a litre on petrol,…
The market may open flat to slightly higher as most of the Asian stocks edged higher. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 7.50 points at the opening bell. PSU OMCs will be in focus as oil marketing companies are reportedly considering…
In mid -quarter monetary policy review , RBI keeps the cash reserve ratio (CRR) of scheduled banks unchanged at 4.75 per cent of their net demand and time liabilities and policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.5 per cent. Consequently, the reverse repo rate under…
Key benchmark indices extended losses to hit fresh intraday lows in mid-morning trade after the Reserve Bank of India (RBI) kept its policy interest rate viz. the repo rate unchanged at 8.5% after a mid-quarter review of the monetary policy today, 15 March 2012. Interest rate sensitive auto, realty and…
Key benchmark indices trimmed losses in morning trade. The barometer index, BSE Sensex, was down 67.93 points or 0.38%, up about 40 points from the day’s low and off close to 65 points from the day’s high. Weak Asian stocks dampened sentiment. Metal stocks fell as global metal prices declined…
Key benchmark indices edged lower in early trade on weak Asian stocks. The barometer index, BSE Sensex, was down 83.52 points or 0.47%. Interest rate sensitive realty stocks declined ahead of the Reserve Bank of India’s (RBI) mid-quarter review of the monetary policy today. Index heavyweight Reliance Industries (RIL) edged…
Interest rate sensitive auto, banking and realty stocks will be in focus as the Reserve Bank of India (RBI) announces its mid-quarter review of the monetary policy today, 15 March 2012. Marketmen anticipate RBI to hold interest rates. Reliance Communications and Reliance Power will move out of the National Stock…
The market may open lower on weak Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 19.50 points at the opening bell. Interest rate sensitive auto, banking and realty stocks will be in focus as the Reserve Bank of India (RBI) is…
Key benchmark indices pared gains after hitting their highest level in more than 2-1/2 weeks at the onset of the trading session. The BSE Sensex fell below the psychological 18,000 mark soon after moving past that level at the onset of the trading session. The Sensex was up 165.79 points…
Shares of companies whose fortunes are linked to orders from Indian Railways including Kernex Microsystems, BEML, Texmaco, Stone India, Kalindee Rail Nirman, Titagarh Wagons will be in focus ahead of the Railway Budget to be presented by Union Railways Minister Dinesh Trivedi in Parliament today, 14 March 2012. It budget…
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