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Market News
  • 28 Nov 14
    10:55 AM
    Tracking a weak global trend, gold prices eased by 0.47% to Rs 26,509 per 10 grams in futures market today as speculators offloaded their positions.
    10:53 AM
    Already facing a slowdown in credit growth, banks now have to struggle with declining deposits too as both investors and corporates continue to move money out of bank deposits to other avenues like liquid mutual funds and gold.
    10:47 AM
    Shares of Jet Airways (India) has surged over 10% to Rs 296 on back of heavy volumes on the bourses after fall in crude oil prices.
    10:26 AM
    Benchmark indices are trading on a strong note with Indices scaling all time high led by fall in global oil prices and sustained buying in financial shares post RBI norms.
    09:53 AM
    The rupee is trading at 61.91/92, slightly higher compared with Thursday's 61.8750/8850 close. Month-end dollar demand from importers is likely to hurt the Indian unit.
    09:47 AM
    Shares of all three listed state-owned oil marketing companies – Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOC) are trading higher between 4-5% on BSE after Brent crude fell $5.17 to
    09:32 AM
    Markets have started the trading session on a firm note with Indices hitting fresh record high ahead of the release of second quarter GDP data by the government later in the day.
    09:30 AM
    Oil prices struggled in Asian trade today after the OPEC cartel refused to cut production despite a global glut that has sent prices slumping to four-year lows, with analysts warning of further falls by the end of the year.
    09:13 AM
    Near Term: Range bound on charts (8534 - 8429) trade above/below would add trigger in the direction.
    09:11 AM
    Gujarat State Petronet Limited (GSPL) has got a big boost with Appellate tribunal (APTEL) ruling in its favour in the tariff revision case.
    08:24 AM
    Benchmark indices are likely to open higher tracking gains in their Asian peers. Some volatility may be expected later in the session ahead of the release of second quarter GDP data by the government later in the day.
    07:51 AM
    Japanese stocks gained ground on Friday as a weaker yen helped exporter stocks, while falling oil prices were seen as likely to stimulate global demand, supporting investor sentiment.
    02:07 AM
    Saudi Arabia blocked calls on Thursday from poorer members of the OPEC oil exporter group for production cuts to arrest a slide in global prices, sending benchmark crude plunging to a fresh four-year low.
    12:50 AM
    The Kumar Mangalam Birla-owned UltraTech Cement is in talks with bank to raise $1.2 billion to fund the takeover of Holcim's Brazilian assets, which the Swiss firm is selling to meet the regulatory requirements for a merger with Lafarge.
    12:47 AM
    Hardy Oil, a partner of Reliance Industries (RIL) in the D3 block in the Krishna-Godavari (KG) basin, said on Thursday that it would review its investment in India in the light of unattractive pricing and uncertainty surrounding long-term price outlook
    12:46 AM
    Going into the December series, foreign institutional investors (FIIs) were seen increasing their bearish bets, indicating nervousness about the market direction.
    12:44 AM
    The Reserve Bank of India is likely to keep key policy rates unchanged in the upcoming monetary policy review next week and may cut rates only next year, analysts at ratings agencies and brokerages said on Thursday.
    12:43 AM
    JSW Steel, India’s second-largest steel producer, which has been looking to grow via the inorganic route, is likely to have lost the bid for acquisition of Italy’s second-largest steelmaker, Lucchini.
    12:40 AM
    Retail investors are usually the last ones to join the equity party. Those keen to jump in now may find, to their dismay, that the market has run up a bit too much for their liking.
    12:37 AM
    The BSE Sensex and Nifty edged up marginally on Thursday, led by buying in blue-chips such as Infosys and Hindustan Unilever, while caution prevailed ahead of the release of economic growth data on Friday.
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Sensex

Company Price Gain (%)
St Bk of India319.204.36
Axis Bank483.653.34
Tata Motors534.403.06
ICICI Bank1,763.302.38
H D F C1,171.901.70

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