Jul 22 2014 10:02AM | Tuesday | By DSIJ Team
Idea Cellular, India's third largest mobile phone service provider reported very good numbers in the quarter ended 30 June, 2014. We give you the financial highlights of the company’s performance.
Jul 22 2014 8:07AM | Tuesday | By Prasanna Bidkar
Indian equities gained good momentum in the past five trading sessions as monsoon has revived and most importantly index heavyweights managed to put in strong financial performance for the quarter ended June 2014. Best part is the rally has been broad based with mid-cap and small-cap indices also participating in the rally. Going ahead we expect the markets to sustain its momentum as FIIs are likely to continue to bet on Indian equities. Today we expect the indices to open in green and then remain buoyant in early hours of trade
Nifty failed to cross its hurdle of 7735 on upside and now we expect the index to consolidate in a range of 7640-7735. Break below or above this level will give a fresh trending move. For day trading important support level for index stands at 7670 and next support at 7640. On upside resistance is around 7735 and next resistance at 7770.
Jul 21 2014 7:24PM | Monday | By Nutan Gupta
Battery manufacturer Exide Industries announced its financial results for the quarter ended 30 June, 2014. We give you the highlights of the company’s performance.
Jul 21 2014 6:39PM | Monday | By Shashikant Singh
HDFC Bank failed to meet street estimates and its net profit increased by 21% on yearly basis, moreover on sequential basis its asset quality has also deteriorated.