| Bombay Stock Exchange - BSE Related news |
Larsen and Toubro gains on winning orders worth of Rs 4,006 crore
Posted on 5th January 2015 |
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Larsen and Toubro (L&T) is trading higher by 2% at Rs 1,570 on NSE after the company said it has won orders worth of Rs 4,006 crore in the month of December 2014. The construction arm of L&T has won orders worth Rs 4,006 crore across various business segments in the month of December’14 in both the domestic and international markets, L&T said in a statement. |
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IDBI Bank gains on approval to sell stake in CARE
Posted on 30th December 2014 |
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IDBI Bank has gained around 2% to Rs 72.55 in BSE after receiving approval from its Board of Directors to divest its stake in Credit Analysis & Research (CARE). The Bank can now sell its shareholding of 48,18,292 equity shares in CARE in part or whole, subject to compliance with all applicable laws, regulations and guidelines. The propose sale of shares would be made in one or more tranches, according to IDBI's statement to BSE. |
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Markets trading range bound; Tata Motors, HUL down 1%
Posted on 26th December 2014 |
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Benchmark indices are trading marginally lower after losing initial momentum as the absence of any significant directional cues has limited fresh buying by investors. Losses in FMCG, auto and oil & gas shares are weighing the most on the indices. At 11:50AM, the 30-share Sensex was down 41 points at 27,167 and the 50-share Nifty was flat at the mark 8,171. |
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Sensex closes 245 points higher as IT stocks rally
Posted on 20th December 2014 |
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Mumbai: Both the benchmark S&P BSE Sensex and CNX Nifty continued to rally for the second consecutive session on Friday led by gains in IT stocks after global rival Accenture Plc raised its revenue forecast, while Reliance Industries Ltd (RIL) rose on bets it will roll out its telecom services in the next few months. The 30-share Sensex closed 0.9%, or 245.27 points, higher at 27,371.84, while the National Stock Exchange’s broader barometer 50-share Nifty rose 0.81%, or 65.90 points, to end at 8,225.20 points. |
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Anil Ambani-led Reliance Group sells multiplex business to Carnival Cinemas
Posted on 15th December 2014 |
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Anil Ambani led Reliance Group has sold its multiplex business to South-India based Carnival Group in the largest ever deal in this space. The transaction will reduce Reliance Capital’s overall debt by Rs 700 crore and is part of Reliance Capital’s strategy to exit minority investments. |
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175 stocks hit 3-month lows in December
Posted on 12th December 2014 |
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Reliance Industries, Oil and Natural Gas Corporation (ONGC), Bharti Airtel, Tata Steel, Sesa Sterlite, Cairn India and Wipro are among 175 stocks that have hit a three-month low as the S&P BSE Sensex slipped over 1,000 points thus far in December. The S&P BSE Sensex that closed to 27,602 on Thursday has lost 1,092 points from its record closing high of 28,694 on November 28. The 50-share CNX Nifty Index has also declined 295 points at 8,293 from its lifetime high 8,588. The fall has seen around 175 stocks from the BSE-500, mid-cap and small-cap index touch their respective three-month low level during the current month. |
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Bharti Infratel hits record high
Posted on 11th December 2014 |
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Shares Bharti Infratel has surged nearly 13% to Rs 372 in early morning trade, also its record high on the National Stock Exchange (NSE), on back of heavy volumes. At 0944 hours, a combined 1.26 million shares already changed hands against an average around 1.5 million shares that were traded daily in past two weeks on NSE and BSE. |
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Sensex down over 200 points, Nifty slips below 8,300
Posted on 11th December 2014 |
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Markets extended losses after opening marginally lower, amid weak global cues, with auto and capital goods shares leading the decline. By 9:35, the Sensex was lower by 220 points at 27,611 mark and the Nifty slipped by 64 points at 8,291 mark. |
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ITC becomes second most valuable firm
Posted on 8th December 2014 |
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ITC, a fast moving consumer goods (FMCG) major, has become the second-most valuable Indian company, surpasses refineries giants- Oil and Natural Gas Corporation (ONGC) and Reliance Industries - in overall market capitalization (m-cap) ranking. ITC with a m-cap of Rs 3,15,797 crore at 1014 hours, was climbed to number two position ahead of ONGC and Reliance Industries having m-cap of Rs 3,14,842 crore and Rs 3,09,596 crore respectively. Information technology giant Tata Consultancy Services (TCS) is at number one position with Rs 495,479 crore m-cap. |
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Infosys dips 4% after huge block deal
Posted on 8th December 2014 |
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Shares of Infosys have dipped 4% to Rs 1,993 after a huge block deal executed on the counter on the National Stock Exchange (NSE). The stock opened at Rs 2,019 and touched a low of Rs 1,988 on NSE. A total 32.3 million shares representing 2.8% of total equity of Infosys changed hands in multiple block deals in early morning trade. However, the identity of the buyers and sellers could not be yet ascertained. |
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