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Sensex tanks 318 pts, Nifty slumps below 9100 on global clues

The benchmark BSE Sensex plunged by 318 points to close at nearly two-week low of 29 167. 68 largely due to selling in auto banking metal and FMCG

Volatility hits Idea stock on merger deal with Vodafone

Idea Cellular stock had a roller coaster ride on Monday as its merger with Vodafone’s Indian subsidiary was announced. The stock hit both the upper and the lower

IT stocks crash on Cognizant woes, strong rupee

IT major Cognizant’s plan to reduce its workforce in India and strengthening of the rupee to an 18-month high led to selling in the stocks of IT heavyweights on Monday.

Sensex down 129 pts in early trade on profit booking

The benchmark BSE Sensex fell almost 129 points in early trade today due to profit booking by investors after recent strong gains.

The 30-share barometer declined 128

India to be net exporter of steel as firms rely on markets abroad

India is set to become a net exporter of steel for the first time in four years, reversing a trend that saw domestic mills battling a flood of cheap imports, according to the Indian Steel Association. Shares of producers surged in Mumbai.

Jewellery stocks sparkle again

Select jewellery stocks saw a sharp rise in their prices on Thursday amid intense speculation that government trading company MMTC may offload a large quantity of gold soon. Centre’s

Metal stocks rally, sectoral index goes up 2.84 per cent

Most metal stocks rose on Thursday mirroring the strong buying in this space. The BSE Metal Index which advanced 2

Sensex jumps 206 pts, Nifty at new peak after Fed move

The Sensex rebounded by over 206 points and the NSE Nifty scaled a life-time high of 9,153 (rpt) 9,153 in opening trade today amid a firming trend in global markets

Shankara Building plans Rs 345-cr IPO

The positive market sentiment generated by the state poll results has prodded companies like Shankara Building Products and C L Educate to launch their initial public offerings without delay.
Shankara

HCL Technologies too plans share buyback

The board of HCL Technologies is meeting next week to consider a share buyback offer in line with the latest industry trend.

Smart Chips
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    The counter witnessed build-up of fresh positions in cash market as well as derivative segment.

Lazy Chips
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    The counter continued to see selling of positions in cash market as well as derivative segment.


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