Global markets rebounded Tuesday after China's central bank cut its key interest rate to support growth in the world's second-largest economy.
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Global markets rebound as China cuts rates to help economy (25-08-2015)
Global markets rebounded Tuesday after China's central bank cut its key interest rate to support growth in the world's second-largest economy.
European markets surge after ‘Black Monday’ losses (25-08-2015)
European stock markets roared back into the black Tuesday, with most indices regaining much of the steep losses suffered the previous session on fears of economic slowdown.
Tata Power tumbles 6.5% amidst inflated bills controversy (25-08-2015)
The company has been accused that, along with Reliance Infrastructure have inflating dues to be recovered from consumers by Rs. 8,000 crore.
ICICI Bank surges 5% (25-08-2015)
The counter witnessed a block deal of around 1.11 million shares in the early morning trades at around Rs. 274.
Amara Raja, Ortin Lab 4 other scrips hit all time high (25-08-2015)
The broader market also staged a smart recovery in trades today. The CNX Nifty Junior index soared 2.2 percent to 19,742. The Midcap index also surged 2 percent to 12,791, and the Smallcap index rallied 1.8 percent to 5,004.
Sensex rebounds from 1-year low; realty, metal stocks steal the show (25-08-2015)
Indian shares jumped nearly one per cent on Tuesday, rebounding from their lowest levels in a year, as markets were seen as oversold, while the sentiment was also helped after the government said...
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.