Indian market ended the September series on a weak note. After starting the day on a flat note, markets constantly were on a declining mode. The slide could be attributed to selling pressure witnessed in the IT, realty and the power stocks. The BSE benchmark Sensex slipped 145 points to close at 13,547 and the [...]
Apollo Hospital Enterprises Ltd. (AHEL) was incorporated by Dr. Prathap C Reddy in 1974. Today AHEL manages over 8000 beds in more than 41 hospitals and is the largest healthcare Services Company in South East Asia. AHEL has presence in all the major cities in India including all the metro cities. Key Points Strong Network [...]
Sensex ends down 256 points The markets continued their slide on heavy selling by funds with the BSE benchmark ending down 1.9% or 256 points at 13,263 levels. The Sensex touched a low of 13,127 levels in intra-day deals. Among Sensex scrips, continuing its slide for the second consecutive day was ICICI Bank that tanked [...]
Japan’s central bank injected 2.5 trillion yen to ensure liquidity in the markets Asian stock markets plummeted on Tuesday as the collapse of Lehman Brothers Holdings Inc. and the takeover of Merrill Lynch and Co. Inc. spurred fears of an imminent global financial crisis. European markets extended losses in early trading after falling sharply on [...]
Under performance by index heavyweights, coupled with persistent selling by FIIs and uncertainty over the global financial crisis dragged down the Indian market. Bulls chose to overlook positive news such as the correction in crude oil prices, the NSG waiver for India, moderation in inflation and the bailout of Fannie Mae and Freddie Mac. Finally, [...]
Power sector scrips logged smart gains in with Power Grid Corporation firming up over 5% by close The markets ended firm with the BSE benchmark index moving up 3.2% or 461 points at 14,945 levels. The Sensex touched a high of 15,107 levels in intra-day deals. The surge came after a global atomic cartel lifted [...]
Indian shares tumbled on Friday, closing down 2.79% after heavy losses on Wall Street overnight on US economic jitters, dealers said. The benchmark 30-share Sensex index fell 415.27 points to 14,483.83.“There are fresh global concerns and investors chose not to build up positions ahead of the weekend,” said Advait Date, a dealer with brokerage BHH [...]
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