Popular Articles

Satyam agrees to settle case with Upaid for $70 million
Mahindra Satyam (the erstwhile Satyam Computer Services) has agreed to pay $70 million (Rs 325 crore) as settlement to UK-based Upaid, which had claimed damages of $1 billion for alleged forgery, fraud and breach of contract.

Religare plans $500-million pan-Asia fund
After venturing into the private equity (PE) space earlier through a joint venture, financial services provider Religare is now planning to go solo.

News of the day

AIG to take 2 yrs to repay bailout funds: report
Troubled insurer American International Group (AIG) will take two years to repay the bailout funds, which it had received from the US government at the peak of the financial crisis last year, says a media report.
Management

Sensex ends down 31pts

The Sensex finally ended (provisional) at 15,043 - down just 31 points. - DLF gains on metro rail fundraising plans - Tata Steel leads combined value chart - Major Asian markets tumble - Sensex still in the red, down over 340pts - Raj Oil Mills debuts at premium - Markets ignore strong IIP nos, slip further in red The Nifty ended (provisional) at 4,465 - down only six points. ________________________________________ (Updated at 1505 hrs) The Sensex has regained the 15,000 mark and is down 72 points now at 15,002. The index is up 301 points from day"s low of 14,701. ___________________________________________ (Updated 1442 hrs) Market have recovered further owing to recovery in the realty index. The Sensex is now down 96 points at 14,978. The Nifty is at 4,443 - down 27 points. _____________________________________________ (Updated at 1409 hrs) The Sensex has started recovering and is now down 210 points at 14,863. The Nifty is at 4,407 - down 63 points. Tata Steel has slumped over 5% to Rs 439. TCS has tumbled 4.5% to Rs 518. Hindustan Unilever, Tata Power and Hindalco have shed 3.5% each to Rs 253, Rs 1,230 and Rs 102, respectively. Mahindra & Mahindra, Infosys and SBI have dropped 3% each to Rs 760, Rs 2,020 and Rs 1,680, respectively. ONGC, Reliance Infrastructure, Larsen & Toubro, ICICI Bank, Sterlite, Wipro, Reliance, DLF, ACC and Maruti Suzuki are the other losers. However, Bharti Airtel has extended gains and is now up 3.5% at Rs 397. Sun Pharma has gained 3% at Rs 1,242. Tata Motors is up 1% at Rs 433. The market breadth continues to be weak. Out of 2,538 stocks traded, 1,728 have declined while 736 have advanced.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):