Mirroring the positive global market cues; the domestic markets witnessed a flat opening. However, the markets witnessed steady buying support, which helped the markets move higher. Though, profit taking and selling pressure was witnessed at higher levels, the markets showed no signs of. The markets ended the day with moderate…
M&M looks to assemble products in Russia M&M is looking to assemble its products in Russia through the distributor of its South Korean subsidiary SsangYong in the next two years. “Talks are on with the Russian distributor of SsangYong on assembling Mahindra products there. It is at a very initial…
Market opened after an extended weekend on account of Maha Shivratri. Nifty opened on a neutral note on mixed Asian cues. After a neutral start, Nifty inched upwards amid cautious sentiments. Market men seemed apprehensive ahead of final Greece settlement package and procedure. Initial gains were seen in Reliance Ind…
Mirroring the positive global market cues; the domestic markets witnessed a firm opening. The markets witnessed steady buying support, which helped the markets sustain higher. The markets showed no signs of weakness even though profit taking and selling pressure was witnessed at higher levels. The markets ended the day with…
Market witnessed Indian equities ended on a firm note led by consumer durables, capital goods and power stocks. At the close, the benchmark 30-share index, BSE Sensex added 135.36 points or 0.75% at 18,289.35 with 19 components posting rise. Meanwhile, the broad based NSE Nifty climbed by 42.35 points or…
Mirroring the weak global market cues; the domestic markets witnessed a negative opening. It moved lower on back of profit taking and selling pressure. However, the markets managed to bounce back from the lower levels on back of buying support in the last hour of trade. The markets ended the…
Blackstone, Carlyle close in on Anil Ambani’s tower biz Anil Ambani’s plan to sell his tower business has reached the final lap. Blackstone and Carlyle Group have signed a term sheet to buy up to 95 % stake in Reliance Infratel. The term sheet was signed a few weeks ago.…
Market witnessed a subdued opening on weak global cues. After witnessing a smart rally yesterday, the opening today was bit subdued as the crude supply concern on account of Iran`s warning and mixed economic data from the US markets led to nervous sentiments across the globe. Nifty opened in red…
Mirroring the positive Asian market cues, the domestic markets witnessed a firm opening. Steady buying support was witnessed as markets traded above the 5400 level. The markets showed no signs of weakness though occasional bouts of profit taking and selling pressure were witnessed. The markets ended the day with handsome…
Tata Power commissions 25 MW solar project in Gujarat Tata Power commissioned the 25 MW Mithapur solar project in Gujarat, boosting the entity’s renewable energy portfolio. The solar photo-voltaic (PV) power project has been developed with an investment of about Rs 365 crore. The firm has signed the power purchase…
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