Bears march ahead
Mumbai: Bears exerted further pressure over the initial hours of Friday's trading activity. Later on, bulls managed to make a partial recovery. The sentiment reading of the tradable counters stands strongly bearish with all the counters in the downtrend.
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Revised NSE trade timings for Sept 24 - October 9
Mumbai: The National Stock Exchange has revised trade timings for the period between September 24 and October 9 due to sun outage. The NSE said in a statement that trading would remain closed between 1125 hrs and 1200 hrs for the above period due to sun outage.
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FII selling impacts Dr Reddy's Lab
Mumbai: Pharma stocks continued to remain on the sellers' list. Among them was Dr Reddy's Laboratories. There were talks in the market that a leading FII was a seller in the counter.
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Takeover code violations - Sharp drop in Ranbaxy on heavy selling
Mumbai: The Delhi-based pharmaceutical major Ranbaxy Laboratories fell yesterday following reports on violations of the takeover code regulations. The stock witnessed dumping of the company's shares by most investors including foreign institutional investors.
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Only genuine callers in Bharti Tele stock?
Mumbai: The stock of Bharti Tele-Ventures has been hovering around the Rs 32 level for quite sometime with occasional movement on either side. Of late, there have been some sharp spurts in trading volumes too.
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Infotech stocks recoup early losses
Mumbai: The benchmark BSE Sensex slipped for the third consecutive day on Friday and ended the week in the negative territory. This followed the global rating agency Standard & Poor's cutting the country's local currency debt ratings to `junk'.
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Hyundai pulls the plug on IPO plan
New Delhi: The current bear phase in the stock markets marked by extreme volatility and unpredictability has claimed what probably could be one of the first casualties in the initial public offering (IPO) market.
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Re steady; gilts recover
Mumbai: THE S&P downgrade did not have much impact on the Indian currency, which ended steady on Friday, almost similar to its previous levels at 48.4150/4250 per dollar.
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