February 2014

Latest Strong buzz on streets – Dilip Sanghvi of Sun Pharma has acquired additional 2% stake in the company in the past 15 days thereby totaling close to 5%. Sun Pharma and Ranbaxy are going to announce strategic tie up soon . Ranbaxy will use the FDA approved manufacturing facilities of Sun Pharma to supply Read More

The Indian indices are likely to open in the green zone backed by global support. SGX Nifty is also trading 33.50 points higher. Events for Friday (February 14, 2014) Wholesale Price Inflation data A-Group results- Britannia Inds, Nestle India, M&M, Unitech, SBI, MMTC, SAIL, CRISIL, Financial Tech, Suzlon Energy, RECL, Pipavav Defence Read More

India’s benchmark stock-index slid for the first time in three days, led by energy companies and utilities. Oil & Natural Gas Corp. (ONGC), the nation’s largest explorer, dropped ahead of its results, halting a four-day rally. Coal India Ltd. (COAL), the world’s largest producer of the fuel, fell 1.7 percent after posting a decline in Read More

Indian stock-index futures gained before the government releases consumer-price inflation and industrial production data today. SGX CNX Nifty Index futures for February delivery rose 0.5 percent to 6,104 at 9:42 a.m. in Singapore. The underlying CNX Nifty Index increased 0.2 percent to 6,062.70 yesterday. The S&P BSE Sensex (SENSEX) gained 0.1 percent. The Bank of Read More

Markets are likely to make a positive opening tracking firm global cues. The early indicator, SGX Nifty was up 13 points at 6,075 at 0820 hrs. US stocks ended with modest gains on Monday as investors digested recent market gains and looked ahead to new Federal Reserve Chair Janet Yellen’s Read More

The Indian indices are likely to open in the green zone backed by global support. SGX Nifty is also trading 13.50 points higher. A-Group results for Tuesday (February 11, 2014) Indian Hotels, Aditya Birla Nuvo, Tata Steel, Dr Reddy’s Labs, HPCL and GMR Infrastructure Indian Indices: Today the global scenario looks Read More