| Bombay Stock Exchange - BSE Related news |
ITC gains 3% on heavy volumes
Posted on 10th November 2014 |
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Shares of the country’s largest cigarette maker ITC is trading higher by 3% at Rs 367 on National Stock Exchange (NSE) in otherwise subdued market on back of heavy volumes. The stock opened at Rs 356 and touched a high of Rs 368 on NSE so ar. At 1149 hours, a combined 9.12 million shares changed hands against an average sub 6 million shares that were traded daily in past two weeks on NSE and BSE. |
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DLF surges 6% after SAT nod to redeem MF investments
Posted on 8th November 2014 |
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Shares of DLF on Friday rose over six per cent, adding Rs 1,407 crore to its market valuation, after the Securities Appellate Tribunal (SAT) allowed the realty giant to redeem mutual funds (MFs) worth Rs 1,806 crore to meet working capital needs and service debt payments. After surging 6.59 per cent to Rs 135 in intra-day trade, shares of DLF finally ended at Rs 134.55, up 6.24 per cent at the BSE. |
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Bank of Baroda dips on decline in Q2 net profit
Posted on 7th November 2014 |
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Bank of Baroda was down 2% to Rs 934 on the Bombay Stock Exchange (BSE) at 1035 hrs as the bank reported a 5.5% dip in Q2 net profit at Rs 1,104 compared to Rs 1,168 crore in the year-ago period. Gross NPAs rose to 3.32% compared to 3.11% in the previous quarter. |
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DLF gains after tribunal nod to redeem MF investments
Posted on 7th November 2014 |
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DLF is trading 4% higher at Rs 132 on BSE, in otherwise subdued market, after the Securities Appellant Tribunal (SAT), in an interim relief, allowed real estate giant to redeem its mutual fund investments of Rs 1,806 crore to service its debt. After hearing an appeal for interim relief by DLF, the Tribunal allowed the company to redeem mutual funds worth Rs 767 crore in the current month and further funds worth Rs 1,039 crore in December, the PTI report suggests. |
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BSE Sensex hits record high for 4th session, breaches 28,000-mark for first time
Posted on 5th November 2014 |
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The benchmark BSE Sensex breached 28,000-mark for the first time and the NSE Nifty hit a new peak of 8,363.65 in early trade today on sustained fund inflows amidst optimism over encouraging corporate earnings. The 30-share index flared up by 141.57 points, or 0.50 per cent, to hit a new peak of 28,001.95, surpassing previous intra-day record of 27,969.82 reached on Monday. The gauge had shed 5.45 points in the previous session. Markets remained closed yesterday on account of “Muharram”. |
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Sebi bats for 'priority sector' tag for listed SME
Posted on 5th November 2014 |
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The Securities and Exchange Board of India (Sebi) has proposed that bank funding to listed small and medium enterprises (SMEs) be given a priority lending tag. The move will give a huge fillip to the SME trading platform introduced by Sebi in 2012, to ease the financing needs of smaller companies. |
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Technical glitch hits NSE feeds at open
Posted on 5th November 2014 |
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Stock feeds on the National Stock Exchange (NSE) suffered around 15-minute hit on Wednesday when trading resumed after a day’s holiday on 4 November on account of Moharrum. The feeds opened blank when the markets opened for trade at 9:15am. Meanwhile, the S&P BSE Sensex gained 0.3% to 27,936 levels in early deals on Wednesday. |
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Railway stocks in demand
Posted on 3rd November 2014 |
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Railway-related stocks are witnessing buying interest and trading higher by up to 10% on back of heavy volumes in an otherwise subdued market. Texmaco Rail & Engineering, Titagarh Wagons, Kalindee Rail Nirman (Engineers), Kernex Microsystems (India) and Stone India are up between 4-10% on the Bombay Stock Exchange (BSE). In comparison, the benchmark Sensex was down 0.11% at 27,835. |
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Auto shares dip post October sales
Posted on 3rd November 2014 |
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Shares of most of the frontline automobiles companies are trading lower after reporting drop in vehicle sales during the month of October despite of the festive season. Tata Motors, Mahindra and Mahindra (M&M), Hero MotoCorp, Eicher Motors and Maruti Suzuki India are down 1-2% on the Bombay Stock Exchange (BSE). |
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