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  • 06 May 16
    06:01 AM
    The stock crossed its falling supply trend line and is set to start fresh rally after a minor profit taking witnessed in previous week.
    06:00 AM
    NIFTYCurrent: 7,735 (futures: 7,773)Target: NAStop-loss short positions at 7,835. Stop-long positions at 7,710. Big moves could go till 7,900, 7,650. A long 7,600p (57), short 7,500p (37) could gain 10-15 if the futures drops till 7,650.BANK NIFTYCurrent:
    05:58 AM
    Mentioned below is the derivative strategy on Maruti Suzuki from Motilal Oswal Securities:Option Strategy: Maruti Suzuki Call Butterfly spreadBuy May 3,900 CE 1 lotSell May 4,000 CE 2 lotsBuy May 4,100 CE 1 lotTarget:
    05:35 AM
    Nifty ended the session near the 'Run Away Gap' area which is expected to provide some support. The occurrence of ‘Doji’ at the reversal zone augurs well for the termination of the existing correction.
    12:59 AM
    The Reserve Bank of India (RBI) on Thursday proposed granting on-tap universal banking licences to individuals, groups or entities and companies.
    12:58 AM
    Amid a surge in bad loans, the Lok Sabha on Thursday approved a Bill to overhaul century-old laws that regulate insolvency. The proposed Insolvency and Bankruptcy Code aims to slash the time it takes to wind up a company or recover dues from a defaulter.
    12:57 AM
    An arbitration court in Singapore has ordered Malvinder Singh and Shivinder Mohan Singh, former owners of Ranbaxy Laboratories, to pay damages worth Rs 2,562.78 crore (based on Thursday's exchange rate) to Japan's Daiichi Sankyo Co.
    12:56 AM
    Employee productivity growth at information technology (IT) services companies has been much better than manufacturing firms.
    12:40 AM
    While Indian pharmaceutical companies and infotech companies are leading India Inc in research and development (R&D) expenses and patent applications, but a majority of local companies are lagging global peers in R&D spending.
    12:40 AM
    Food and beverages major PepsiCo India is banking on regionalisation of its salty snacks portfolio to achieve higher sales.
    12:39 AM
    Two-wheeler maker Hero MotoCorp has posted a 71 per cent growth in net profit for the March quarter at Rs 814 crore against Rs 477 crore in the year-ago period.
    12:35 AM
    The railway ministry on Thursday sought to allay users' concerns about reports of alleged hacking of the Indian Railway Catering and Tourism Corporation (IRCTC) website.“There has been no hacking of the IRCTC website.
    12:35 AM
    The CBI (Central Bureau of Investigation) has registered a case against defunct Paramount Airways and its promoter M Thiagarajan for allegedly defrauding and diverting loan to offshore accounts.
    12:31 AM
    Honda BR-V on display.
    12:30 AM
    The Lok Sabha on Thursday passed the Union Budget for 2016-17, incorporating official amendments to the Finance Bill.It now goes to the Rajya Sabha for debate but that House has no power to reject it.
    12:29 AM
    MD & CEO of ICICI Bank Chanda Kochhar and President of New Development Bank K V Kamath during a MoU signing ceremony between the two bank in MumbaiNew Development Bank (NDB), which is headed by K V Kamath, has chosen his former organisation ICICI Bank for
    12:28 AM
    The local subsidiary of Honda’s automobile business features is fourth in India, after Maruti Suzuki, Hyundai and Mahindra, 21 years since its journey began in this country.
    12:28 AM
    Idea Cellular, the third largest telecom company in terms of subscribers, has announced a partnership with internet giant Google to offer carrier billing services for its users while purchasing apps on Google Play.
    12:27 AM
    Relaxing Leave Travel Concession (LTC) rules, the Centre will now reimburse full train fare incurred by its employees on purchase of tickets for their children aged between five and 12 years.
    12:25 AM
    Sebastien Henry, Head, Lamborghini Southeast Asia, at the launch of Lamborghini New Huracan LP 610-4 Spyder in Mumbai (pic: Kamlesh Pednekar)Italian super car maker Lamborghini on Thursday launched the supercar Huracan Spyder at Rs 3.89 crore
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Sensex

Company Price Gain (%)
H D F C1,163.852.90
B H E L122.852.55
Tata Motors391.202.46
Larsen & Toubro1,273.452.20
Lupin1,605.301.71

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