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Volumes
top 3.6 cr on NSE
Mumbai: After touching a new 52-week low three
days ago, Reliance Industries vaulted 13% on Thursday
after the company declared a 25% rise in net profits and
the discovery of a huge quantum of natural gas.
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Bull
domination
Mumbai: Bulls prevailed over the proceedings of
Thursday's market activity. Bears could not hold any sway
over the day's market action. However, the sentiment reading
of the tradable counters stands neutral.
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Risk
management solution for NSE
Mumbai: The National Stock Exchange (NSE) has announced
the successful deployment of its `mission-critical' PRISM
Parallel Risk Management Solution that is supported on
Intel-based servers.
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Reliance
surges 14 pc
Mumbai: Relaince Industries Ltd (RIL) surged yesterday
on the announcement that the company had discovered huge
natural gas in Krishna Godavari basin. In addition, the
good Q2 financial performance also boosted the stock price
and market sentiment.
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Tata
Steel jumps on Q2 performance
Mumbai: Tata Steel yesterday moved up with heavy
volumes, as the company's impressive second quarter performance
enthused fund managers, institutions and brokers. The
stock improved Rs 8.60 to close at Rs 125.25 on the BSE
with traded quantity of 23.09 lakh shares. The counter
recorded volumes of 52.22 lakh shares on the NSE and closed
at Rs 125.50.
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Growth
hopes fuel rally in Kochi Refineries
Kochi: The stock of Kochi Refineries Ltd has been
attracting significant market interest in the recent past.
The stock that was ruling at around Rs 37a week ago closed
at around Rs 43 on the bourses on Thursday, a jump of
almost 16 per cent.
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Record
volumes in NSE derivatives
Mumbai: The National Stock Exchange yesterday recorded
all-time high volumes in the derivatives segment at Rs
2,894.07 crore. The previous high volumes were Rs 2,156.14
crore recorded on February 28, 2002.
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SEBI
scraps demat a/c closure fee
THE Securities and Exchange Board of India (SEBI) has
notified that from November 1, no closure charges should
be collected for closure of demat accounts.
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Reliance
sends market soaring
Mumbai: Reliance sent the market soaring on Thursday
after it confirmed that it had discovered huge gas reserves
in Krishna - Godavari basin off Andhra Pradesh coast.
The benchmark BSE-Sensex spurted 2.10 per cent or 60.73
points to close at 2949.32 points.
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`SHCIL
officials colluded to cause wrongful loss'
Kolkata: An affidavit filed in the court of the
Metropolitan Magistrate here by a former employee in connection
with the March 2001 situation prevailing on the Calcutta
Stock Exchange hhas suddenly resurfaced to haunt Stock
Holding Corporation of India Ltd.
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Re
strengthens; gilts up
Mumbai: The rupee gained in strength by 3 paise
to close at 48.3550/3650 against the dollar on Thursday,
as compared to Wednesday's close of 48.3850/39 in the
forex market. Heavy buying of the greenback was seen in
the market on Thursday.
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