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Thursday, 25 September 2014

TOP CORPORATE NEWS 25 September 2014

State-owned banks came under pressure State-owned banks came under pressure on account of quality assets concerns on account of their advances to companies whose coal block allocations have been cancelled. Banking sector has exposure of 8.8% of non-food credit to the power sector. Cancellation of allotted coal blocks to projects will adversely impact the chances of recovery of these loans. SBI, Bank of India, Bank of Baroda, PNB and Canara Bank are some of the top losers in this space. ONGC slips 4% on gas price hike deferral, BoAML...

Wednesday, 24 September 2014

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Sunday, 21 September 2014

COMMODITY MARKET STRATEGY 22 SEPT. 2014

BASE METAL WRAP: Copper retreated for a fourth day, leading most industrial metals lower, before data tomorrow that may show manufacturing slowed for a second month in China, the biggest consumer. ENERGY WRAP: Brent crude declined for the third time in four days before manufacturing data from China, the world’s second-biggest oil consumer. West Texas Intermediate fell in New York. PRECIOUS METAL WRAP: Gold fell to an eight-month low as the outlook for higher U.S. borrowing costs strengthened the dollar, damping demand for a store of...

INDIAN BENCHMARK are trading in red in the morning session of trade.

INDIAN BENCHMARK are trading in red in the morning session of trade. IT sector are trading lower with Infosys leading the pack followed by Wipro, HCLTech, TCS and KPIT Technologies. FURTHER, JK Tyre & Industries announced that a meeting of the Board of Directors of the Company will be held on September 25, 2014, for considering subdivision of face value of Rs10 of the equity shares of the Company.United Spirits Ltd  propose to sell 15.20 lakh equity shares of Rs. 10 each representing 11.35% of the equity share capital of the...

Monday, 15 September 2014

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