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Experts differ on mkts stabilising (11 October 02:30) |
| Madhusudhan Kela, Reliance Mutual Fund sees the markets stabilising over the next 1015 days. However, Akash Prakash, Amansa Capital PTE said it is tough to see an end to the market mayhem. |
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US banks lack confidence, currency to tackle loans: Bush (11 October 01:53) |
| US President George Bush said the stock market drop has been driven by uncertainty and fear. The government is acting and will continue to act to resolve the crisis. We are using the tools... |
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Crude below $80/bbl (11 October 01:12) |
| Crude is currently trading at USD 79.33 per barrel. Earlier, oil prices hit a 12month low below the USD 85 per barrelmark as a wider market slide stirred demand concerns. There were also cal... |
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Mkt stability reflective of prudent practices: RBI (11 October 12:56) |
| The Reserve Bank said forex sale led to withdrawal of liquidity. "Liquidity Adjustment Facility (LAF) emerged as a primary tool to meet liquidity gap in 2008. According to RBI, Indian mark... |
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Mastek cons Q1 net profit at Rs 41.18 cr (11 October 12:53) |
| Mastek has announced its first quarter results. The company's consolidated net profit was at Rs 41.18 crore. |
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HCL EAS makes open offer to Axon shareholders (11 October 12:47) |
| HCL EAS has made an open offer to Axon shareholders, reports CNBCTV18. It has acquired 0.47% equity of Axon. The company will post its offer document to Axon shareholders by October 24. |
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Worst weekly performance of Sensex,Nifty ever: Anagram (11 October 12:44) |
| According to Anagram Research Daily Market Review, Sensex plunged by 800 points and closed at 10527 while Nifty shed 234 points to close at 3279. On weekly basis, Nifty is down 14.1%, which ... |
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US markets open red (11 October 12:40) |
| US markets open in red today. Dow Jones, Nasdaq and SP 500 touched their 2003's low. Stocks have slumped to 5year low. |
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European mkts crashed 9% (11 October 12:19) |
| CAC plunged 8.89% or 305.49 points at 3,137.21. DAX shed 9.41% or 459.64 points at 4,427.36. FTSE dropped 8.82% or 380.35 points at 3,933.45.
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Support for Sensex seen at 10436 and 9392: Networth (11 October 12:13) |
| Networth Stock Broking believes that the Sensex is likely to see strong Support between 50% and 55% levels from its peak which is around 10436 and 9392. |
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Most global indices down 1924% (11 October 12:10) |
| Globally equity markets are falling in free fall. In last one weak, Nikkei was the worst performer index; it was down by 24%. |
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Buy MCX Crude (Oct) below Rs 4050: Anagram (11 October 12:00) |
| Anagram Research has recommended to buy MCX Crude (Oct) below Rs 4050 with a stoploss of Rs 4110 and target of Rs 3925 in its October 10, 2008 research report. |
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TCL India Holdings launches TCL Fiesta (10 October 11:50) |
| TCL India Holdings Pvt. Ltd., an Consumer Electronics global major, today announced the launch of its consumer offer TCL Fiesta for this festive season, which will change the way people... |
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NCDEX Trade details for October 10, 2008 (10 October 11:45) |
| At NCDEX, 464 members (2,115 users) participated in trading on October 10, 2008 up to 5:00 pm and volumes were Rs 1,687 crore (oneway). There were more than 50,476 trades put through by th... |
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Transcend's JetFlash V95C available in 8GB capacity (10 October 11:34) |
| Transcend Information, Inc., a leading manufacturer of flash memory products, has announced the availability of its new ultracompact USB flash drive, the 8GB JetFlash V95C in India |
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Tulip Telecom Q2 PAT seen at Rs 49.7 cr: P Lilladher (10 October 11:34) |
| Prabhudas Lilladher has come out with its earning estimates on Telecom Sector for the quarter ended September 2008. According to the research firm, Tulip Telecom's September quarter revenue... |
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Reliance Comm Q2 PAT seen at Rs 1351.1 cr: P Lilladher (10 October 11:31) |
| Prabhudas Lilladher has come out with its earning estimates on Telecom Sector for the quarter ended September 2008. According to the research firm, Reliance Communications' September quarte... |
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Investors should stay in cash, not sell in panic (10 October 11:30) |
| The market correction seems a bit overdone on the way down. For the moment, the market should trade rangebound between 3,000 and 3,800 Nifty, and 9,000 and 9,500 Sensex on the way down, and ... |
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Idea Cellular Q2 PAT seen at Rs 235.8 cr: P Lilladher (10 October 11:28) |
| Prabhudas Lilladher has come out with its earning estimates on Telecom Sector for the quarter ended September 2008. According to the research firm, Idea Cellular's September quarter revenue... |
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Bharti Airtel Q2 PAT seen at Rs 2154.2 cr: P Lilladher (10 October 11:24) |
| Prabhudas Lilladher has come out with its earning estimates on Telecom Sector for the quarter ended September 2008. According to the research firm, Bharti Airtel's September quarter revenue... |
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Sun Pharma Sept '08 qtr PAT seen at Rs 425.7 Cr (10 October 11:14) |
| Prabhudas Lilladher has come out with its earning estimates on Pharmaceuticals sector for the quarter ended September 2008. According to the research firm, Sun Pharma September quarter sales... |
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Ranbaxy Labs Sept '08 qtr PAT seen at Rs 16.1 Cr (10 October 11:12) |
| Prabhudas Lilladher has come out with its earning estimates on Pharmaceuticals sector for the quarter ended September 2008. According to the research firm, Ranbaxy Labs September quarter sal... |
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Lupin Sept '08 qtr PAT seen at Rs 122.7 Cr: P Lilladher (10 October 11:10) |
| Prabhudas Lilladher has come out with its earning estimates on Pharmaceuticals sector for the quarter ended September 2008. According to the research firm, Lupin September quarter sales is e... |
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Axis Bank Q2 PAT seen up 45.49% to Rs 331.45 cr (10 October 11:10) |
| Axis Bank is to announce its second quarter results. According to CNBCTV18 estimates, Q2FY09 net interest income is seen up 43.12% from Rs 588.67 crore to Rs 842.5 crore. |
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Tata Motors Sept '08 qtr PAT seen at Rs 250.8 Cr: PL (10 October 10:45) |
| Prabhudas Lilladher has come out with its earning estimates on Automobiles sector for the quarter ended September 2008. According to the research firm, Tata Motors September quarter sales is... |
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MM Sept '08 qtr PAT seen at Rs 246.3 Cr: P Lilladher (10 October 10:43) |
| Prabhudas Lilladher has come out with its earning estimates on Automobiles sector for the quarter ended September 2008. According to the research firm, MM September quarter sales is expected... |
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Maruti Suzuki Sept '08 qtr PAT seen at Rs 360.9 Cr: PL (10 October 10:42) |
| Prabhudas Lilladher has come out with its earning estimates on Automobiles sector for the quarter ended September 2008. According to the research firm, Maruti Suzuki September quarter sales ... |
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Patel Engg Sept qtr PAT seen at Rs 24.2cr: P Lilladher (10 October 10:40) |
| Prabhudas Lilladher has come out with its earning estimates on construction sector for the quarter ended September 2008. According to the research firm, Patel Engineering's September quarte... |
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Hero Honda Sept '08 qtr PAT seen at Rs 305.7 Cr: PL (10 October 10:40) |
| Prabhudas Lilladher has come out with its earning estimates on Automobiles sector for the quarter ended September 2008. According to the research firm, Hero Honda September quarter sales is ... |
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Bajaj Auto Sept '08 qtr PAT seen at Rs 206.2 Cr: PL (10 October 10:39) |
| Prabhudas Lilladher has come out with its earning estimates on Automobiles sector for the quarter ended September 2008. According to the research firm, Bajaj Auto September quarter sales is ... |
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Punj Lloyd Sept qtr PAT seen at Rs 71.7cr: P Lilladher (10 October 10:38) |
| Prabhudas Lilladher has come out with its earning estimates on construction sector for the quarter ended September 2008. According to the research firm, Punj Lloyd's September quarter conso... |
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Ashok Leyland Sept '08 qtr PAT seen at Rs 59.2 Cr: PL (10 October 10:37) |
| Prabhudas Lilladher has come out with its earning estimates on Automobiles sector for the quarter ended September 2008. According to the research firm, Ashok Leyland September quarter sales ... |
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Stocks to watch: Bombay Dyeing, Indian Hotels (10 October 10:30) |
| It's been the worst weekly performance for the markets. Over the last five sessions, the Nifty has lost over 14%, while the Sensex has lost 16%. E Mathew, Director of Mathew Easow Fiscal Se... |
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Alkali Metals IPO subscribed 0.20 times (10 October 10:22) |
| The initial public offering of Alkali Metals, has received bids for 5,22,275 shares as against issue size of 25,50,000 shares and is subscribed 0.2 times, as per NSE website. The issue had o... |
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XL Telecom Sept '08 qtr PAT seen at Rs 14.2 cr: P Lilladher (10 October 10:13) |
| Prabhudas Lilladher has come out with its earning estimates for the quarter ended September 2008. According to the research firm, XL Telecom Energy's September quarter revenue is expected ... |
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Phillips Carbon Q2 PAT seen at Rs 24.8 cr: P Lilladher (10 October 10:09) |
| Prabhudas Lilladher has come out with its earning estimates for the quarter ended September 2008. According to the research firm, Phillips Carbon's September quarter revenue is expected to ... |
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Kansai Paints Q2 PAT seen at Rs 26.1 cr: P Lilladher (10 October 10:02) |
| Prabhudas Lilladher has come out with its earning estimates for the quarter ended September 2008. According to the research firm, Kansai Paints' September quarter revenue is expected to go ... |
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FAG Bearing Sept '08 qtr PAT seen at Rs 23.4 cr: P Lillader (10 October 10:00) |
| Prabhudas Lilladher has come out with its earning estimates for the quarter ended September 2008. According to the research firm, FAG Bearing's September quarter revenue is expected to go u... |
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IVRCL Infra Sept qtr PAT seen at Rs 37.6cr: P Lilladher (10 October 09:58) |
| Prabhudas Lilladher has come out with its earning estimates on construction sector for the quarter ended September 2008. According to the research firm, IVRCL Infrastructure and Projects Sep... |
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ONGC Sept qtr PAT seen up at Rs 18141.1cr: P Lilladher (10 October 08:47) |
| Prabhudas Lilladher has come out with its earning estimates on oil gas sector for the quarter ended September 2008. According to the research firm, ONGC's September quarter revenue is expe... |
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CRISIL reaffirms IPO grade 3/5 to Mandhana Industries IPO (10 October 08:46) |
| CRISIL Research has come out with its report on Mandhana Industries' IPO. It has assigned CRISIL IPO grade 3/5 to the IPO. MIL aims to raise approximately Rs. 9501000 million by the propose... |
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Petronet LNG Sept qtr PAT seen at Rs 90.8cr: P Lilladher (10 October 08:45) |
| Prabhudas Lilladher has come out with its earning estimates on oil gas sector for the quarter ended September 2008. According to the research firm, Petronet LNG's September quarter revenue... |
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Reliance Ind Sept qtr PAT seen at Rs 3945.3cr: P Lilladher (10 October 08:41) |
| Prabhudas Lilladher has come out with its earning estimates on oil gas sector for the quarter ended September 2008. According to the research firm, Reliance Industries's September quarter ... |
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Bajaj Holdings back on track (10 October 08:39) |
| At 3:01 pm, Bajaj Holdings Investment was quoting at Rs 380, up Rs 30.20, or 8.63%. It has touched an intraday high of Rs 382 and an intraday low of Rs 301.05. It was trading with volumes o... |
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Bharti Airtel hits 52week low (10 October 08:30) |
| Bharti Airtel has touched a 52week low of Rs 650. At 2:52 pm, the share was quoting at Rs 691, down Rs 41.9, or 5.72%. It was trading with volumes of 4,115,535 shares. On Wednesday the share... |
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Ranbaxy top gainer on the NIfty (10 October 08:27) |
| Ranbaxy Laboratories is the top gainer on the NIfty. At 2:48 pm, the share was quoting at Rs 290.40, up Rs 11.15, or 3.99%. It was trading with volumes of 1,560,339 shares. On Wednesday the ... |
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Oriental Bank minting money (10 October 08:22) |
| At 2:43 pm, Oriental Bank of Commerce was quoting at Rs 161, up Rs 4.90, or 3.14%. It has touched an intraday high of Rs 162 and an intraday low of Rs 145. It was trading with volumes of 187... |
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JP Associates slides 9.8% (10 October 08:21) |
| Jaiprakash Associates has touched a 52week low of Rs 71.90. At 2:44 pm, the share was quoting at Rs 82, down Rs 8.95, or 9.84%. The company's promoter company has converted 1 crore warrants... |
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Peninsula Land Q2 PAT seen at Rs 59.6 cr: P Lilladher (10 October 08:17) |
| Prabhudas Lilladher has come out with its earning estimates on Real Estate Sector for the quarter ended September 2008. According to the research firm, Peninsula Land's September quarter re... |
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Further steps required to infuse liquidity into mkts: FM (10 October 08:16) |
| Finance Minister P Chidambaram said the 150 bps CRR cut will infuse Rs 60,000 crore into the system. (See: RBI steps in) "In about 1012 days, substantial liquidity will be infused. However,... |
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