Posts in category All News
Suzlon Energy up 4.2% after completing wind power project for NSE (25-08-2015)
The company informed the stock exchanges that it was the technical partner for supply and commissioning of a 6.25 MW wind power project for the National Stock Exchange (NSE).
After Manic Monday, its turnaround Tuesday! Sensex shuts above 26,000 (25-08-2015)
Commenting on the current market situation Amar Ambani, Head of Research, IIFL, said, “Any sharp correction often sees a bounce back like this. The choppiness today reiterates the fact that investors remain jittery about equities world over and India is no exception. Even though India may continue to remain a bright spot among emerging markets, for now indices are precariously poised. The buying momentum was so intense today that barring the IT index on the BSE all the other major sectoral indices ended in the green. For now the mid-cap and the small-cap stocks have accompanied the relief rally but extra caution is warranted on these counters. With the F&O expiry on Thursday, we expect volatility to prevail and Nifty to trade in a range of 7500 to 8200 in the near term.”
Corporation Bank climbs 1.2% as board approves capital infusion (25-08-2015)
The bank said that its board has approved capital infusion of Rs. 857 crore by the Government of India. The stock hit a high of Rs. 50 and low of Rs. 45.35 on BSE today.
Bhushan Steel gains 1.4% (25-08-2015)
The company in a notification to the stock exchanges confirmed that it is in talks with Monnet Ispat & Energy to acquire the company's stake in Orissa Sponge Iron and Steel.