Tag "Nifty"

 11:15 am EIR from USFDA: Dr Reddy’s Laboratories today said it has received an establishment inspection report (EIR) from the US health regulator for its formulation manufacturing facility at Duvvada in Visakhapatnam. It, however, said the US Food and Drug Administration has

10:16 am Results: Gravita India, the country’s leading metal recycler, reported a 57 percent rise in second quarter profit on the back of rising capacity and improved operational efficiency. Gravita’s profit surged to Rs 13.38 crore as against Rs 8.53

 It was a lacklustre session for equity benchmarks after a nearly 600-point rally on the Sensex in previous two consecutive sessions, but broader markets continued to rally on Monday. Investors digested Moody’s India rating upgrade and focussed on global cues.

11:25 am Acquisition: Monnet Ispat share price surged 11 percent intraday Monday after steel giants and private equity firms have submitted bids to acquire the debt laden company. Sources told CNBC-TV18 that Tata Steel, JSW Steel, Vedanta and Shyam Steel

10:12 am Bond Yields: Indian bond yields fell sharply in morning after the central bank unexpectedly cancelled its sale of bonds via open market operation post market hours on Friday, reports Reuters. The Reserve Bank of India said on Friday

It was a spectacular start to the market on Friday as the Sensex rallied more than 400 points after Moody’s upgraded India’s sovereign rating to Baa2. However, it lost steam later shedding nearly half of gains in last hour of

11:25 am Buzzing: Shares of Vascon Engineers added 6.4 percent intraday on the back of sale of subsidiary’s Mumbai division. The board of directors of GMP Technical Solutions, a material subsidiary of Vascon Engineers has approved slump sale of its

3:30 pm Market Closing: Equity benchmarks rebounded sharply after three-day of losses, backed by technology, banks, metals and energy stocks. The 30-share BSE Sensex was up 346.38 points or 1.06 percent at 33,106.82 and the 50-share NSE Nifty rose 96.80

3:29 pm Coal Mining: After the end of the monsoon season, iron ore extraction activity has started in Goa but the pace has been slow. Of the total 89 mines, only ten have started their operations, a senior Goa government

12:55 pm Management Interview: Umesh Revankar, MD, Shriram Transport Finance said they saw a pent-up demand for vehicle finance post goods and services tax (GST) because many had postponed their purchasing hoping for reduction in prices. So, post GST after