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May 22, 2012
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Articles by Shrikant Akolkar


Markets Close Positive As Rupee Recovers Partially

5/18/2012 5:01 PM | Friday

The markets recovered from their initial fall today. The falling rupee was also seen recovering from the near 55 levels. A good financial performance by SBI has helped the lift the market sentiments.

Markets Trading Down, Rupee At New Low

5/18/2012 10:37 AM | Friday

The markets have opened in the negative again today owing to the strong negative cues. The rupee has recorded a new low.

Markets Manage To Close In Gains

5/17/2012 4:36 PM | Thursday

After yesterday’s disappointing performance by Indian equities, the markets gave investors a sigh of relief. Though the markets kept shedding few points every hours, they still managed to finish the day in positives.

Markets Lose Morning Gains, Bajaj Auto Net Down 45%

5/17/2012 1:55 PM | Thursday

The Indian markets have cut down some of their morning gains, but are still trading in the positive territory. The Spanish GDP data has come in negative, which has led to a negative opening  in the European markets.

Piramal Healthcare To Acquire Another Business

5/17/2012 11:12 AM | Thursday
A Piramal Group company, Piramal Healthcare has announced that it will acquire the US-based Decision Resources Group (DRG) for a sum of USD 635 million (Rs 3,400 crore). DRG is a three decades’ old privately owned company which is mainly engaged in research publications, consulting and advisory services.

Markets Open In Gains

5/17/2012 11:00 AM | Thursday

The markets have opened in gains today following positive global cues. The Sensex is trading up 1.02% at 16194, while the Nifty is up 1.05% at 4909.

Markets Down Over 1%, Tata Motors Down 7%

5/16/2012 4:57 PM | Wednesday

The falling rupee and renewed Euro zone worries have dragged the markets down by over 1% today. The shares of Tata Motors declined by 7% over flat global sales. For the first time in this calender year (after the rally), the Sensex came down below the 16000 mark.

Markets Below 16K, Rupee At All-Time Low

5/16/2012 2:09 PM | Wednesday

The markets have further sunk in value, as the rupee stands at an all-time low now. The shares of Tata Motors are now down by nearly 7% from yesterday's closing value.

Markets Tank Heavily, Plastene India IPO Withdrawn

5/16/2012 11:15 AM | Wednesday

The markets have opened sharply down today in reaction to the political turmoil in Greece. The rupee is trading in its all-time low range, increasing the concerns.

Monarch Health Services IPO: Avoid

5/15/2012 6:22 PM | Tuesday

Investors should avoid this IPO as there are serious concerns about the promoters as well as its overall business.

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