Business Line – Markets

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  • Uptrend is intact in MCX Zinc
    on January 17, 2018 at 5:21 pm

    Since the contract has been in a continuous upmove since December, there is a strong likelihood of it reversing lower from around ₹227. […]

  • EU curbs on fungicide use threaten basmati exports
    on January 17, 2018 at 5:18 pm

    Farmers confused as alternative chemical is restricted in the US […]

  • Sensex goes past 35,000 as bank stocks sizzle
    on January 17, 2018 at 5:09 pm

    The stock market frenzy reached a fever pitch on Wednesday as key equity index S&P BSE Sensex crossed the 35,000 mark on the back of a rally in banking stocks. Traders were upbeat on bank stocks... […]

  • Price Waterhouse network moves SAT against SEBI order
    on January 17, 2018 at 5:01 pm

    Regulator banned PW on January 10 and ordered disgorgment of over ₹13 cr […]

  • Centre trims additional borrowing to ₹20,000 cr
    on January 17, 2018 at 5:00 pm

    Direct tax collections up 18.7%; analysts rule out fiscal slippag […]

  • JB Chemicals & Pharma gets European GMP approval for Gujarat facility
    on January 17, 2018 at 3:42 pm

    JB Chemicals & Pharmaceuticals on Wednesday said the Medicines Authority of Malta has granted European GMP approval to its manufacturing facilities located at Panoli, Gujarat. The approval, which ... […]

  • Transformers and Rectifiers bags ₹126-cr order from UPPTCL
    on January 17, 2018 at 3:41 pm

    Transformers and Rectifiers (India) on Wednesday informed the exchanges that it has bagged a ₹126-crore order from UPPTCL for supply of 53 transformers. The order from the Uttar Pradesh Power Transmis... […]

  • Swan Energy: Eyes on fund raising plans
    on January 17, 2018 at 3:39 pm

    Shares of Swan Energy will remain in focus, as its board of directors meets on Thursday to consider fund-raising plans. Investors will focus on the quantum of funds to be raised, type of securities ... […]

  • Bharti Airtel, YES Bank, UltraTech Cement results
    on January 17, 2018 at 3:39 pm

    Over 20 companies will declare their quarterly results for the period ended December 2017 on Thursday. Among these are Bharti Airtel, Adani Enterprises, Adani Ports & Special Economic Zone, Chow... […]

  • Puravankara: Focus on housing project
    on January 17, 2018 at 3:38 pm

    Puravankara on Wednesday said it will invest ₹600 crore in an affordable housing project in Bengaluru. The project, comprising 2,100 units, will be developed on a 20-acre land parcel, which is owned ... […]

  • Broker's call
    on January 17, 2018 at 3:38 pm

    Motilal OswalLaurus Labs (Buy)CMP: ₹547.15Target: ₹651In addition to strong base business of API (active pharmaceutical ingredients) manufacturing under Antiretrovirals (ARV) and Hepatitis C category,... […]

  • Day Trading Guide For January-18
    on January 17, 2018 at 2:22 pm

    Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading: 10791 • Nifty 50 Futures S1 S2 R1 R2 COMMENT 1... […]

  • MCX (₹850.6)
    on January 17, 2018 at 2:10 pm

    Investors with a short-term perceptive can consider selling the stock of Multi Commodity Exchange of India (MCX) at current levels. Since encountering a key resistance at ₹1,400 in December 2016, th... […]

  • Selling pressure crushes pepper
    on January 17, 2018 at 1:19 pm

    Selling pressure is building up in pepper market as harvest is on full swing in Kerala and Karnataka. This phenomenon, coupled with continued supply of Sri Lankan pepper in good volumes, has pounded ... […]

  • Mixed trend in pulses
    on January 17, 2018 at 1:19 pm

    Absence of cash flow and weak demand have affected trading in pulses and pulse seeds with majority of them, barring tur, trading low. Poor crop report and decline in arrivals lifted the prices of ne... […]

  • Bearish trend continues in cooking oils
    on January 17, 2018 at 1:18 pm

    Bearish trend continued in edible oils market on Wednesday in line with extended loss in foreign markets amid lack of demand. Activities were very limited for ready – weekly in resells. Local refiner... […]

  • Sugar continues to be in bear grip
    on January 17, 2018 at 1:17 pm

    Sugar prices decreased at the Vashi wholesale market today with mills selling the commodity at ₹20-30 a quintal lower amid slack bulk demand. Naka rates were steady with limited activities. As maj... […]

  • TeaServe auction showing signs of pick up
    on January 17, 2018 at 1:16 pm

    After a dull start, both the volumes and the rate registered an increase at sale no 3 of the Coonoor Tea Manufacturers’ Service Industrial Co-operative Society Ltd (TeaServe) auction compared to the l... […]

  • Sensex ends at fresh record high of 35,082 for first time; Nifty closes at 10,788
    on January 17, 2018 at 11:29 am

    Easing fiscal deficit woes as govt lowers additional market borrowing prop up investor sentiment […]

  • Rupee strengthens to 63.75 as govt lowers additional market borrowing needs
    on January 17, 2018 at 11:11 am

    The rupee strengthened to 63.75 as the Government has lowered its additional borrowing plan to Rs 20,000 crore for the fiscal from the earlier proposal of raising an extra Rs 50,000 crore from the ma... […]

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