Tata Steel, Hindalco, SBI, Vedanta and Bajaj Auto are top gainers while ONGC, MM, Maruti, Axis Bank and Tata Motors are major losers in the Sensex.
Posts tagged MC
Nifty back at 7650; ONGC, Maruti Tata Motors laggards (17-12-2015)
Govt mulls scrapping double taxation in realty sector (17-12-2015)
Addressing a conference organised by realtors’ apex body Credai, the minister also expressed concern over huge amount of labour cess being unutilised. Around Rs 16,000 crore is lying in the treasuries of the state governments, he added.
Narayana Hrudayalaya IPO opens: Expensive but subscribe (17-12-2015)
ICICIdirect.com advises to subscribe stating though it thinks valuation is a tad expensive, it is in line with the recent deals in the healthcare industry. It says that Narayana’s calibrated model for establishing and expanding its hospitals has allowed it to achieve a more efficient use of capital than many of its peers.
Sensex, Nifty erase early gains on profit booking; MM down (17-12-2015)
The broader markets continued to outperform benchmarks with the BSE Midcap and Smallcap indices rising 0.5-0.8 percent.
Payment banks no threat to private sector banks: Franklin (17-12-2015)
In an interview to CNBC-TV18, R Sukumar, MD and CIO, Asian Equities, Franklin Templeton Investments, says consumption growth next year is likely to be stronger. However, the recovery in investment cycle could be slower, even as we are at the start of a cyclical upturn in the economy, he says
India ranks 97th on Forbes best countries for business list (17-12-2015)
Denmark topped the list of the 144 nations on the Best Countries of Business in 2015 list by Forbes. The US has dropped four spots to number 22, continuing a six-year descent since 2009 when it had ranked second overall.
Singapore govt, others commit Rs 184 cr for Narayana IPO (17-12-2015)
The Devi Shetty-run hospital company has allotted 73.57 lakh equity shares at Rs 250 per share aggregating to Rs 183.93 crore to anchors investors like Morgan Stanley, Mirae Asset Management, Nomura, Government of Singapore, Reliance AMC, Birla Sun Life, DSP Blackrock, UTI, ICICI Prudential, SBI MF among others.
Govt mulling holding all-party meet to break GST logjam (17-12-2015)
There is a view within the government that Congress is “single-handedly” blocking the passage of the GST Bill for “other reasons” and may not find support of many parties on this issue on a common forum.
Micromax’s Yu to launch its flagship Yutopia mobile today (17-12-2015)
The phone- touted as the world’s most powerful phone- was earlier planned for a December 7 launch in India. However, as Micromax’s co-founder Rahul Sharma puts it, the company plans “to announce something special with Yutopia.”
AI technician sucked into plane engine at Mum airport, dies (17-12-2015)
The incident took place around 9.30 pm at Bay No. 28 when the technician, who was apparently standing close to the Mumbai-Hyderabad AI 619 flight, got sucked inside the engine and died instantly.