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Indian shares are likely to open on a flat note as the global cues look mixed with SGX Nifty trading 10.50 points higher. Headlines for the day: Cairn India announces 58% cut in FY16 capex projection to $ 500 million Adani Power, Usha Martin bag mines in 2nd leg of coal auction Read More

If the finance ministry’s concept note on financial special economic zones (SEZs) is any indication of the government’s thinking, India might be on its way to getting its first international financial services centre (IFSC). Work on Prime Minister Narendra Modi’s pet project, the Gujarat International Finance Tec-City (GIFT City), which Read More

Nifty records best gain in five years on Budget day Axis Bank, IndusInd Bank, Yes Bank, Kotak Mahindra Bank and ICICI Bank rallied between 4-9%

Indian shares are likely to open on a positive note as the global cues look supportive with SGX Nifty trading 41.00 points lower. Events for the day: Coal India Offer for sale opens today Results on January 30, 2015 ICICI Bank, BoB, Andhra Bank, HCL Technologies, Tech Mahindra, Siemens, Dabur India, Read More

Indian shares are likely to open on a positive note as the global cues look supportive with SGX Nifty trading 34 points higher. Events for the day: Bloomberg Feb. India Economic Survey Fiscal Deficit INR Crore Headlines for the day: BEL-Rolta consortium bags defence contract worth Rs50,000 cr Bharti Airtel Read More

Indian shares may open higher on Friday as indicated by futures trade on Singapore Stock Exchange. That said, gains are likely to be capped in the wake of lackluster global cues and caution ahead of the Union Budget. The benchmark indexes Sensex and Nifty fell about a percent each on Thursday as traders squared off Read More

Indian shares are likely to open on a positive note as the global cues look slightly supportive with SGX Nifty trading 11.50 points higher. Headlines for the day: ONGC inks pact for developing alternative for hydraulic fracturing NTPC to supply 40% more power to UP by 2016-17 MCX ties up with Read More

A benchmark index for Indian stock markets registered its steepest fall in over five months on global cues, as also worries over a host of factors such as a weakening rupee, fall in international crude prices and lack of positive domestic trigger. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) fell 538.12 points, Read More