Slider[Style1]

Style2

Style3[OneLeft]

Style3[OneRight]

Style4

Style5

Sensex regains 26k-level, climbs 219 points

Posted by: Ravindra Posted date: 3:08 AM / comment : 0 ,

Market benchmark Sensex recaptured the crucial 26,000-mark by climbing over 219 points in early trade today as investors engaged in widening their bets amid firm global cues.

The 30-share barometer advanced by 219.02 points or 0.85 per cent to 26,063.20. The gauge gained 1,170.34 points in the previous five sessions.

Also, the NSE Nifty shot up by 53.15 points or 0.67 per cent to 7,967.90.

Prominent gainers were ICICI Bank, SBI, Tata Motors, GAIL, Axis Bank, Tata Steel, ONGC, HDFC Ltd, Adani Ports, BHEL, Coal India, NTPC and RIl, surging by up to 5.40 per cent.

However, share of Wipro plunged 6.22 per cent to Rs 563.95 after company said its consolidated net profit dipped 1.6 per cent to Rs 2,235 crore for the quarter ended March 31.

Brokers said investors have been widening bets due to positive macroeconomic data and above—normal monsoon forecast.

Moreover, a firm trend in other Asian markets following a strong performance on Wall Street and rebound in oil prices, influenced sentiment here.

In regional markets, Hong Kong’s Hang Seng was up 1.69 per cent while Japan’s Nikkei gained 1.95 per cent in early trade today. Shanghai Composite was trading 0.17 per cent higher.

The US Dow Jones Industrial Average ended 0.24 per cent higher in yesterday’s trade.

source:thehindu.com/business/markets/sensex-regains-26klevel/article8503111.ece

India-US Target $500 billion trade

Posted by: Ravindra Posted date: 12:59 AM / comment : 0 , , ,

The latest trip of Narendra Modi to the US is going to turn out fruitful very soon.. The Indian Prime Minister and US President Barack Obama on Wednesday have formally declared to harden the Indo-US Trade and would very soon setup a joint venture to boost up this investment.

BSE Sensex Raised 184 Points

Posted by: Rex Posted date: 9:27 AM / comment : 0 ,

BSE benchmark Sensex on Wednesday raised 184 points, cutting short three-day losses for investors buying recently battered blue chips.

The 30-share Sensex, which had lost 665 points in the last three runs, won 184.40 points to 18,596.02 on increased demand for refinery, consumer durables, and realty and auto sector stocks.

Sensex Rises with 44 points on Rally IT and Health Care

Posted by: Rex Posted date: 10:05 AM / comment : 0 ,

BSE Sensex index topped 44 points on Monday to 18,420.11 as easing crude prices reduced concerns about inflation and investors bought IT and healthcare blue chips available at existing lower levels.

Sensex, which had lost 232 points the previous two trading sessions, gained 43.63 points points after moving in a range of 18,258.42 and 18,458.63 during intra-day trading.

State Run Oil Firms Raise Jet Fuel Price By Over 4 Per Cent

Posted by: La Perla Posted date: 7:03 AM / comment : 0 ,

Oil companies managed by the State today raised the price of jet fuel with a mass of 4 percent, the ninth consecutive rate since October.

Aviation Turbine Fuel (ATF) has hiked interest rates RS Delhi. 2104 to KL, or 4.12 percent, RS. 53 538 per kl with effect from midnight tonight, officially the Indian Oil Corporation, the largest fuel retailer in the country said.

Tata Motors net profit up 2.47 pc at Rs 410.06 cr in Q3

Posted by: Beatrice Abel Posted date: 8:47 PM / comment : 0 ,

Auto major Tata Motors today said its net profit for the third quarter ended December 31, 2010 increased by 2.47 per cent to Rs 410.06 crore compared to Rs 400.14 million rupees for the period of the year past.

Total income rose 28.42 percent to Rs 11,524.96 crore for Q3FY11 as compared to R 8,974.30 crore in Q3FY10, Tata Motors said in a statement.

The Group posted a net profit of Rs 2424.38 crore for the quarter ended December 31, 2010 compared to Rs 650.26 crore for the quarter ending December 31, 2009, registering an increase of 272.83 percent.

Total revenue rose 22 percent to Rs 31695.10 million for the quarter ended Dec'10 compared to Rs 25,978.88 crore for the quarter ended Dec'09, it said.

Food Inflation Climbs to 17.05 Per Cent

Posted by: Rex Posted date: 7:44 AM / comment : 0 ,

Food inflation rose to 17.05 percent in the week ended Jan. 22, increased the second consecutive week, at the expense of more expensive fruits vegetables and milk.

Food inflation rose to 1.48 percentage point to 15.57 percent the previous week. Consumer price inflation last year was 20.56 percent.

Hero Honda Sales Increased by 20 Percent in January 2011

Posted by: Rex Posted date: 9:03 AM / comment : 0 ,

Indian Motorcycle maker Hero Honda today said its sales rose 20 percent to 466,524 units during January 2011, against 389,802 during the same period of 2010.

"Our sales were strong in January is an excellent start to the new year and also helped maintain the momentum in sales last year," said Anil Dua, vice-president (marketing and sales) Hero Honda Motors, in a statement.

"This is the ninth consecutive month of sales of four lakh-plus, which comes in the back of five lakh and each sale in October and December 2010, he added.

The cumulative sales of the company's fiscal year to date - April 2010 January 2011 - up 16 percent year 44,14,537 units compared to 38,03,396 units during the corresponding period.

The company also continued acceptance and support of sport in Karizma ZMR Cricket Championship.

Hero Honda, which is a global partner of the ICC is currently hosting the championship for more than 75 cities in India and Sri Lanka, including Colombo and Dhaka in Bangladesh, where cricket team of the college.

On the Bombay Stock Exchange fell shares 1.40 per cent to Rs.1, 607.75
Subscribe to: Posts (Atom)
Copyright © 2014 365 News Portal | Ravindra
⬆
Top