MARKET NEWS - Page 293

Sebi to discuss NSDL’s role in IPO scamSubscriber Only

June 26, 2011 13:55 IST

Sebi declared the findings as 'null and void' on the ground that the committee had breached its mandate in making these charges.

Wall Street sinks on Europe’s debt miserySubscriber Only

June 25, 2011 11:47 IST

Wall Street dropped for a third day on Friday on worries about the Italian banking sector and Greece's debt crisis.

Bulls ready to charge into a wall of worrySubscriber Only

June 25, 2011 11:22 IST

"We want to see more fear," said Ari Wald,equity strategist at Brown Brothers Harriman in New York.

Lanco shares tumble over 12% on Oz lawsuitSubscriber Only

June 25, 2011 03:35 IST

The Lanco scrip dropped sharply by 9.31 per cent to Rs 22.90 a piece on the BSE.

Shriram Finance eyes Rs 42,000 cr AUMSubscriber Only

June 24, 2011 18:53 IST

NBFC Shriram Transport Finance Company said it is eyeing AUM worth Rs 42,000 crore.

Sensex stares at second yearly fall in a decadeSubscriber Only

June 24, 2011 12:40 IST

Propelled by easing crude prices and firm global cues,the Sensex jumped over 500 points.

Gold in sterling hits lifetime highSubscriber Only

June 23, 2011 02:46 IST

Gold priced in sterling struck a lifetime high around £957.69 on Wednesday.

StanChart cuts Infosys target; retains ‘outperform’Subscriber Only

June 21, 2011 14:20 IST

Standard Chartered has cut target price of Infosys to Rs 3,150 from Rs 3,610.

Indian Hotels stock rating: BuySubscriber Only

June 13, 2011 20:34 IST

FY11 saw average occupancies across luxury hotels in major cities up 200-900 bps YoY except for pockets of weakness.

Havells stock rating: BuySubscriber Only

June 13, 2011 20:30 IST

Havells standalone revenue of R840 crore and profit after tax of R69 crore were slightly higher than our estimates.

Jet Airways stock rating: NeutralSubscriber Only

June 13, 2011 20:25 IST

If fuel price stays high and Air India continues its irrational pricing,FY12 will be difficult for Jet.

Unitech stock gets ‘Sell’ ratingSubscriber Only

June 13, 2011 20:21 IST

The risk of collateral damage from Unitech Wireless persists.

Tata Steel stock rating: ‘Outperform’Subscriber Only

June 6, 2011 03:12 IST

Tata Steel India reported adjusted profit of R18 bn against our estimate of R19.5bn. India results were slightly lower than our expectations.

Coal India stock rating: ‘Buy’Subscriber Only

June 6, 2011 03:07 IST

For Q4FY11,Coal India reported revenues of Rs 149.7 bn.

Tata Motors stock rating: ‘Buy’Subscriber Only

June 6, 2011 03:04 IST

A sharp increase in JLR's capex guidance was the key takeaway from the Q4 analyst meet.

Hedge funds raising bets on Asian mktsSubscriber Only

June 3, 2011 22:02 IST

Global hedge funds have reversed their 2008 retreat from Asia - worlds fastest-growing region.

VIP ready to drive strong stock growthSubscriber Only

June 3, 2011 21:55 IST

Continued focus on branding,new products and distribution will drive revenue growth.

Jet stock price target cut to Rs 650Subscriber Only

May 25, 2011 01:29 IST

We have cut our Ebitdar estimates by about 5% for FY12-13E to reflect higher average ATF assumptions of 10% plus and 5% over FY12E and FY13E. However,we have raised our traffic assumptions by 3-5% over FY12E-13E on account of strong demand.

Fund managers neutral to bearish over short term: SurveySubscriber Only

May 25, 2011 01:25 IST

Equity fund managers are cautious about equity markets and have a neutral to bearish view over the shorter term,finds the latest fund manager survey conducted by ICICI Securities of 16 top mutual fund managers.

Small stocks valuations at a two-year low: FE studySubscriber Only

May 25, 2011 01:20 IST

Concerns over increasing crude oil prices,inflation and interest rates began to dampen the mood on Dalal street in February this year. As a result,share prices of smaller companies have got battered significantly in the last couple of months. Interestingly,it has also caused the relative valuation of this set of companies to decline to its lowest in two years as compared to the Sensex.

Crisil warns of Rs 24K-cr FCCB redemption crisisSubscriber Only

May 23, 2011 21:13 IST

Leading research firm Crisil has warned that the continuing fall in the equity markets.

Emerging markets regain most preferred-positionSubscriber Only

May 18, 2011 03:48 IST

Weaker global growth expectations coupled with lower inflation expectations and higher risk appetite,have led to increase in global investor allocations to emerging markets shows the latest survey by the Bank of America Merrill Lynch.

Owning equity funds in India costlier than US: FE studySubscriber Only

May 18, 2011 03:39 IST

The cost of owning equity mutual funds in India is higher than that in the United States.

Most IPOs put up poor debut showSubscriber Only

May 17, 2011 03:32 IST

As Indian equity markets come to terms with higher interest rates and rising commodity prices,stocks debuting on the secondary market have put a poor show.

Foreign institutions turn net sellersSubscriber Only

May 17, 2011 03:30 IST

Foreign institutional investors have turned net sellers for the calendar year 2011. Overseas investors sold a net $822 million worth of Indian stocks on Friday itself,making it the biggest single-day sale in atleast 13 years,data from the nations market regulator show.