Markets

On 30-day rolling basis the price has corrected about 10% over the past six months

Gold buyers continue to ‘wait and watch’: Jewellers

Demand for yellow metal may rise as prices continue falling

Will gold continue its rebound?

Breakout of ₹45,700 is key and when this occurs, RSI and MACD signals might enter positive zone

MCX logs 6-year high single-day gold delivery

The exchange records 2,035 kg of gold worth ₹887 crore

Dollar headwinds pressure gold, crude

Both crude oil and bullion are facing the dollar headwinds currently. The Euro-USD exchange rate has improved ...

Malabar Gold & Diamonds to invest Rs 1,600 crore on retail ...

Plans to launch 56 stores, 16 of which would be overseas

Rashtriya Chemicals and Fertilizers (₹81.2): Buy

The stock of Rashtriya Chemicals and Fertilizers (RCF) gained 7.4 per cent accompanied by above average volume ...

MOIL (₹160.3): Buy

Investors with a short-term perspective can buy the stock of MOIL at current levels. The stock has jumped 6 per ...

Wockhardt (₹459.6)

Investors with a short-term perspective can buy the stock of Wockhardt at current levels. In late November ...

SAIL (₹89.6): Buy

The stock of Steel Authority of India (SAIL), that ended the year 2020 on a high, saw considerable price ...

Vardhman Textiles (₹1,297.7): Buy

The stock of Vardhman Textiles has made a fresh breakout on Wednesday, opening the door for further ...

Godrej Industries (₹545.8): Buy

After bottoming out at ₹233.4 in May last year, the stock of Godrej Industries has been advancing and it ...

Pivotals: Reliance Industries (Rs 910.6)

RIL moved in the band between Rs 885 and Rs 940 before ending the week with a mild 1 per cent loss. There was yet another spinning top formation on ...

Money Talk

A small sub-broking company that started out with just two people has now grown to be a workforce of over 2,000 employees, and has established itself ...

Build on IDFC; Bombay Dyeing looks weak

IDFC (Rs 135.6): After witnessing a steep fall in the last one month, IDFC showed some strength on Thursday and Friday. The stock finds an immediate ...

Investor behaviour, mind it!

The recent deep cut on the bourses has left many investors wondering what they should do next. Should they cut losses or should they buy now? Amidst ...

Sizzling Stocks: Reliance Communications (Rs 97.1)

Reliance Communications was in the eye of the storm that rocked the market last week and the stock was sucked down into a vortex of selling pressure ...

High on gold

India's appetite for gold is making heads turn. Sample the numbers below and you will know why: For the first nine months of 2010, global jewellery ...

Index Outlook: Bears bullying the bulls

Sensex (17,728.6) Bears stalked the street unhindered last week, unleashing a reign of terror. Stock prices hurtled down a bottomless cavern and ...

Private equity

Private equity activity in January has been rather sedate, with a marginal decline sequentially in aggregate investments. According to Ernst & ...

52-WEEK FLOP: Money Matters Financial Services

Scam-hit Money Matters Financial Services (Money Matters), a non-banking finance company lost 51 per cent in a year placing it amongst the top ...

Chemical prices end flat

Steady conditions developed on the local chemical market on Saturday as prices moved in a tight range in restricted buying activity and settled around ...

MMTC floats tender for 47,000 t pulses import

State-run trading company MMTC has invited bids for import of 47,000 tonnes of pulses for sale in the domestic market. According to a notification ...

Dal, sugar prices down

Prices of tur dal, urad dal, moong dal, gram dal and sugar declined, while other commodities remained unchanged at the wholesale foodgrains market ...

Gold prices down by Rs 100/10 gm

Both the precious metals, gold and silver, drifted at the bullion market today on reduced offtake by stockists at existing higher levels, amid a ...

Sensex extends decline on sustained capital outflows

The BSE benchmark Sensex continued to finish in a negative terrain for the third week in a row by slipping further by 280 points to 17,728.61, due to ...

Mixed trend in edible oils market

Mixed conditions prevailed at the wholesale oils and oilseeds market during the past week as select edible oils strengthened further on sustained ...

Corporate news

Responding to a query from the NSE on media reports that Aptech Ltd may tie up with Microsoft, the company has said that the firms have finalised an ...

EIH to raise Rs 1,161 cr thru rights issue

EIH – the promoters of Oberoi Group of Hotels and Resorts - proposes to issue 17.8 crore equity shares on a rights basis to its existing shareholders ...

FII data: SEBI, exchanges' figures show wide variance

Ever since SEBI began separately reporting secondary market trades in equities, in December 2009, to find out what happened the previous day, you can ...

Greatship withdraws public issue application

Greatship India Ltd (GIL), a subsidiary of Great Eastern Shipping Company, on Friday said it plans to withdraw its draft prospectus with SEBI in light ...

Pepper up on tight supply

Pepper futures shot up and hit the second ceiling Friday on strong bullish activities and prevailing tight supply scenario. The February delivery ...

Rice varieties lose steam with thin demand

Sluggish domestic and overseas demand pulled the prices of aromatic and non-basmati rice down by Rs 50-150 a quintal, on Friday. Mr Amit Chandna, ...

Edible oil remains steady on thin demand

Edible oil prices in the Mumbai market ruled steady on Friday, on lack of demand and under resale selling pressure. The Malaysian market closed higher ...

Offerings at tea auctions in North fall

This week (Sale 6), the number of offerings (packages) at the three North Indian tea auction centres at Kolkata, Guwahati and Siliguri was 358,928 as ...

Onion continues to slide despite low arrivals

Onion prices continued to decline this week despite lower arrivals due to lack of buying. Trading in Lasalgaon in Maharashtra, Asia's largest onion ...

MTNL prunes loss in Q3 to Rs 675 cr

Mahanagar Telephone Nigam Ltd (MTNL) on Friday reported losses of Rs 675 crore during the third quarter ended December 31, 2010 compared to a loss of ...

Wipro's Senapaty buys 38,000 shares

Mr Suresh C Senapaty, Chief Financial Officer and Executive Director of Wipro Ltd, has acquired 38,000 shares of Wipro for Rs 52.08 lakh under the ...

Moser Baer posts Rs 116-cr loss in Q3

Moser Baer India Ltd (MBIL) on Friday posted a loss of almost Rs 116 crore for the December quarter compared to a profit of Rs 3.23 crore a yearago, ...

Sensex rebounds 265 pts despite weak IIP data; banks in demand

Ignoring weak industrial production data, the BSE benchmark Sensex bounced back over 265 points today, after three days of sharp decline, to 17,728.61 ...

Pepper futures up on limited supply

Buoyed by limited supply of stocks, pepper prices were up by Re 0.39 per cent at the futures trade today as speculators enlarged their positions. At ...

Gram dal, sugar prices down

Gram dal and sugar prices declined at the wholesale foodgrains market here today, but other commodities remained unchanged. Gram dal moved down by Rs ...

ADAG stocks plunge; RCom tanks on BSE

Shares of Anil Ambani group companies continued their downward spiral on Friday after staging a comeback on Thursday, with the group’s telecom arm ...