BSE NSE Dalal Street blog, Nifty futures

BSE Sensex increases 0.19% as market surges

noreply@blogger.com (VJonDalalStreet) — Fri, 17 May 2013 06:49:45 PDT

The S&P BSE Sensex advanced 38.79 points or 0.19% to settle at 20,286.12, its highest closing level since 5 January 2011. The index rose 80.86 points at the day's high of 20,328.19 in late trade. The index fell 92.32 points at the day's low of 20,155.01 in mid-afternoon trade, its lowest level since 15 May 2013. The CNX Nifty advanced 17.40 points or 0.28% to settle at 6,187.30, its highest

Kohinoor Foods eyes exports growth this FY14

noreply@blogger.com (VJonDalalStreet) — Fri, 17 May 2013 14:02:59 PDT

The managing director of Kohinoor Foods, Satnam Arora, announced that they have been looking forward for exports to increase in the current financial year by 30% more than the previous financial year.

Emkay advises for Just Dial’s IPO subscription

noreply@blogger.com (VJonDalalStreet) — Fri, 17 May 2013 14:03:11 PDT

Emkay Global Financial Services, a broking firm, announced that it already informed the stockholders for the subscription to the IPO of Just Dial due to its likely 15% upside on higher price range.

Coal India earnings likely to surpass predictions

noreply@blogger.com (VJonDalalStreet) — Fri, 17 May 2013 14:06:38 PDT

Coal India Ltd or CIL announced that it will most probably surpass the consensus prediction for the fourth quarter earnings in the previous financial year as revealed by the information released by Thomson Reuters StarMine.

Suven Life Sciences eyes revenue increase in FY14

noreply@blogger.com (VJonDalalStreet) — Fri, 17 May 2013 14:28:37 PDT

The chief executive officer of Suven Life Sciences, Venkat Jasti, announced that they have been looking forward to achieve increase in revenue in the range of 22% to 25% in the current financial year.

Reserve Bank can acquire additional forex

noreply@blogger.com (VJonDalalStreet) — Fri, 17 May 2013 14:31:47 PDT

In the latest development, Bank of America Merrill Lynch or BofA-ML announced this Friday that the Reserve Bank can acquire from the market an additional of USD 9 billion of forex.

Ambuja Cements to make USD 21 million deposit for penalty

noreply@blogger.com (VJonDalalStreet) — Fri, 17 May 2013 14:36:30 PDT

Ambuja Cements Ltd, the rank number two cement producer in India, announced that it has been informed already to make a deposit which is worth USD 21 million as penalty.

Titan Industries eyes three more refineries this FY14

noreply@blogger.com (VJonDalalStreet) — Fri, 17 May 2013 14:47:22 PDT

Titan Industries, a firm engaged in watches as well as jewellery manufacturing, through its managing director Bhaskat Bhat announced that they have been looking forward to develop three fresh production refineries this current financial year in Tamil Nadu.

DB Corp eyes to sustain present margins onward

noreply@blogger.com (VJonDalalStreet) — Fri, 17 May 2013 15:18:29 PDT

The director of DB Corp, Girish Agarwal, announced this Friday that they have been looking forward to keep on the margins at present level as they go on to move forward.

Reliance Capital eyes revenues from insurance sector

noreply@blogger.com (VJonDalalStreet) — Fri, 17 May 2013 15:22:15 PDT

Reliance Capital, Reliance Anil Dhirubhai Ambani group’s financial services unit, announced that it has been aiming to obtain profits in the current financial year from general insurance business.

TTK Prestige alarmed on energy shortage in Tamil Nadu

noreply@blogger.com (VJonDalalStreet) — Fri, 17 May 2013 15:25:41 PDT

TTK Prestige, a firm that is known to be a market major in southern states, announced that it has been alarmed regarding the energy shortage particularly in Tamil Nadu.

Vikram Pandit acquires shares in JM Financial

noreply@blogger.com (VJonDalalStreet) — Fri, 17 May 2013 15:28:53 PDT

JM Financial Ltd announced that its shares increased a maximum of 18% this Friday following the firm announced that the past chief executive officer of Citigroup Vikram Pandit has been acquiring shares in the firm.

BSE Sensex slumps 0.31% as market plunges

noreply@blogger.com (VJonDalalStreet) — Mon, 20 May 2013 08:18:46 PDT

The S&P BSE Sensex was down 62.14 points or 0.31% to 20,223.98, its lowest closing level since 15 May 2013. The index rose 157.50 points at the day's high of 20,443.62 in mid-morning trade, its highest level since 5 January 2011. The index fell 99.46 points at the day's low of 20,186.66 in late trade. The CNX Nifty was down 30.40 points or 0.49% to 6,156.90, its lowest closing level since 15

IPO of Just Dial launched this day

noreply@blogger.com (VJonDalalStreet) — Mon, 20 May 2013 08:58:49 PDT

Just Dial announced this day that its IPO or initial public offer worth Rs 950 crore has been launched today wherein it got 50% subscription with help from QIBs or qualified institutional buyers.

Bloomberg names new independent adviser

noreply@blogger.com (VJonDalalStreet) — Mon, 20 May 2013 09:00:47 PDT

Bloomberg LP said this day that it already assigned the past chairman as well as chief executive officer of IBM Samuel J. Palmisano as its new independent adviser on the firm’s privacy as well as data standards.

Standard Chartered to purchase subsidiary of Morgan Stanley

noreply@blogger.com (VJonDalalStreet) — Mon, 20 May 2013 09:03:11 PDT

Standard Chartered India announced this day that it already sealed a deal for the acquisition of Morgan Stanley India’s private wealth management business to an unknown value to be approved by the regulating body.

BSE Sensex drops 0.56% as market slides

noreply@blogger.com (VJonDalalStreet) — Tue, 21 May 2013 05:58:01 PDT

The S&P BSE Sensex was down 112.37 points or 0.56% to 20,111.61, its lowest closing level since 14 May 2013. The index fell 151.30 points at the day's low of 20,072.68 in late trade, its lowest level since 15 May 2013. The index rose 84.06 points at the day's high of 20,308.04 in mid-afternoon trade. The CNX Nifty was down 42.80 points or 0.7% to 6,114.10, its lowest closing level since 14

LurnQ in joint venture with Plancess

noreply@blogger.com (VJonDalalStreet) — Tue, 21 May 2013 08:06:33 PDT

LurnQ, a cyber social education as well as teaching service provider, said that it already merged with Plancess, the first conglomerate in India to supply lessons material for entrance exams in Engineering organized by leading hundred IIT-JEE rankers.

Hilco Industrial to sell seafood processing devices

noreply@blogger.com (VJonDalalStreet) — Tue, 21 May 2013 08:11:12 PDT

Hilco Industrial, a top industrial machinery as well as equipment auction firm around the globe, announced this day that it is set to sell more than 500 units of seafood processing devices which were previously possessed by Adak Seafood.

Larsen & Toubro seals deal with Sunteck Realty

noreply@blogger.com (VJonDalalStreet) — Tue, 21 May 2013 08:14:00 PDT

The chairman as well as managing director of Larsen & Toubro, Kamal Khetan, announced this day that they already obtained a construction deal from Sunteck Realty for the Sunteck City venture in Goregaon.