Jan 29 2015 5:46PM | Thursday | By Abhijeet Gosavi
The Indian markets witnessed superb rally in the last hour of the January series F&O expiry session. Today Healthcare and Oil Gas stocks saw massive buying and their indices were up by more than 150 points. This was followed by Capital Goods index which moved up by 140 points. The Nifty made another record high on closing basis and was up by 38 points in today’s session and closed at 8952 while Sensex was up by 122 points and closed at 29681 at the closing bell.
The Indian market ended its 8-day winning streak on Wednesday as traders and investors prefer to book profit ahead of January series F&O expiry. The broader market outperformed the key benchmark indices.
Jan 29 2015 8:29AM | Thursday | By Chirag Gothi
Asian indices saw modest losses early Thursday, following a sell-off on Wall Street overnight as U.S. crude tumbled to near six-year lows. SGX Nifty is trading in red and lowers by 20.5 points. Indian market may expect to open in red following other Asian markets. Ashok Leyland, Akzo Nobel India, Gateway Distriparks, Transport Corporation of India, Sesa Sterlite, HDFC, Dr Reddy's Laboratories, Asian Paints and IDFC would be reporting third quarter earnings today.
Jan 28 2015 6:13PM | Wednesday | By Abhijeet Gosavi
The Indian markets witnessed choppy session after seeing some profit booking at the higher end. Capital Goods stocks saw some disappointment in today’s trade and were down by 251 points. This was followed by Auto and Metals index that were deep around 150 points each. However the Nifty managed to hold their gains and closed in green zone up by 3 points at 8914 while Sensex was down by 11 points at 29559 at the closing bell.
Jan 28 2015 2:08PM | Wednesday | By Vivek Paratne
The watch to jewelry maker, Titan Company (Titan) reported a growth of 9.4 per cent in its revenue in Q3FY15 over same period last year and an impressive revenue growth of 16 per cent for the nine month period ended December 2014. The overall revenue in the third quarter, ended December 31, 2014, was Rs 2898 crore, as compared to last year’s revenue of Rs 2651 crore during the same period. The revenue for nine months ended December 31, 2014, stands at Rs 9317 crore, registering a growth of 16 per cent over last year.