India

IDBI Bank soars on entering into a MoU with National Housing Bank

IDBI Bank is currently trading at Rs. 60.75, up by 2.05 points or 3.49% from its previous closing of Rs. 58.70 on the BSE. The scrip opened at Rs. 60.00 and has touched a high and low of Rs. 60.95 and Rs. 59.65 respectively. So far 147436 shares were traded on the counter. The BSE

Godrej Consumer Product soars on plan to raise Rs 300 crore via NCDs issue

Godrej Consumer Products is currently trading at Rs 1288.05, up by 37.80 points or 3.02% from its previous closing of Rs. 1250.25 on the BSE. The scrip opened at Rs. 1280.00 and has touched a high and low of Rs. 1292.00 and Rs. 1273.00 respectively. So far 45190 shares were traded on the counter. The

Hindalco Industries zooms on plan to raise Rs 6,000 crore via NCDs issue

Hindalco Industries is currently trading at Rs. 83.70, up by 3.10 points or 3.85% from its previous closing of Rs. 80.60 on the BSE. The scrip opened at Rs. 82.50 and has touched a high and low of Rs. 84.00 and Rs. 82.50 respectively. So far 263471 shares were traded on the counter. The BSE

IRB Infrastructure trades with traction on the bourses

IRB Infrastructure Developers is currently trading at Rs. 235.15, up by 6.00 points or 2.62% from its previous closing of Rs. 229.15 on the BSE. The scrip opened at Rs. 229.70 and has touched a high and low of Rs. 236.00 and Rs. 229.70 respectively. So far 44809 shares were traded on the counter. The

Dolphin Offshore trades jubilantly as its arm inks contract for construction of two vessels

Dolphin Offshore Enterprises (India) is currently trading at Rs. 103.90, up by 10.80 points or 11.60% from its previous closing of Rs. 93.10 on the BSE. The scrip opened at Rs. 96.00 and has touched a high and low of Rs. 107.00 and Rs. 94.00 respectively. So far 56493 shares were traded on the counter.

Benchmarks trim gains; Nifty holds 8,000 mark

Indian equity markets trimmed their gains but continue to trade firm in the late afternoon session on account of buying in frontline blue chip counters. The sentiments were on optimistic note as investors are anticipating for a rate cut by the Reserve Bank of India (RBI) at its policy meeting on September 29. Some support

Bond yields edge lower on Friday

Bond yields edged lower on Friday as investors remained cautious ahead of the key gross domestic product (GDP) data expected on August 31, 2015. Besides, strong growth in equity encourages investors to transfer their holdings from fixed income securities to equity. In the global front, U.S. Treasuries prices were modestly lower on Thursday, as a

Jubilation continues on Dalal Street; Infra and Power takes the lead

Buoyed by firm global cues, Indian equity benchmarks continue to trade jubilantly in noon deals with frontline gauges retaining their crucial 8,050 (Nifty) and 26,600 (Sensex) levels. Sentiments remained up-beat as investors were hopeful for a rate cut by the Reserve Bank of India (RBI) at its policy meeting on September 29. Some support also

Markets retain the gain in early noon session

It’s another good day for the markets, trading mostly steady and retaining the gains in early noon session, though benchmark S&P BSE Sensex after surging over 450 points has pared some of the gains, but the momentum remains firm tracking positive trend seen in other Asian markets. The market sentiment was also supported by the

New series to get a positive start on supportive global cues

The Indian markets surged in last session of the August series, though it was a dismal series but the last day’s gains managed to prune some losses otherwise the picture could have been worse. Today, the start of the new series is likely to be in green amid positive global cues. Traders will continue to