Bharti Airtel, GAIL, ONGC, ICICI Bank and NTPC are top gainers while MM, ITC, Wipro and Maruti are losers in the Sensex.
Posts tagged MC
100 stations to go live with wi-fi by 2016-end: Pichai (16-12-2015)
This is part of the US-based firm’s focus on bringing Internet to everyone in India, which has the world’s second largest population.
Fed’s expected rate policy through to 2016: ‘One and done’ (16-12-2015)
Mark Matthews of Julius Baer says that contrary to some expectations that the Fed rate hike would cause volatility in markets, they would actually like the rate hike to happen.
Modi seen pivoting from roads to fields in next budget (16-12-2015)
Modi splurged on roads and railways this year in a strategy to spur economic growth. But it came partly at the expense of federal programmes for farmers and the poor, suffering through back-to-back drought years.
Alkem Laboratories prices $200 mn IPO at Rs 1,050 per share (16-12-2015)
Alkem is expected to list on exchanges on or before December 29, according to a source familiar with the listing. The IPO was subscribed 44.3 times.
Govt hikes excise duty on petrol, diesel (16-12-2015)
Basic excise duty on unbranded petrol has been increased from Rs 7.06 per litre to Rs 7.36 and the same on unbranded diesel from Rs 4.66 to Rs 5.83 per litre.
FM says almost certain GST rate will be much less than 18% (16-12-2015)
GST is intended to create a single market and boost commerce in India’s $2 trillion economy, but the bill, which was passed by the lower house of parliament, has been blocked in the upper house where Prime Minister Narendra Modi’s nationalist coalition lacks a majority.
Indian mkt to rally post Fed hike, see stable rupee: Ridham (16-12-2015)
Ridham Desai of Morgan Stanley is of the view that Indian shares will gain on Thursday morning if US Federal Reserve hikes rates, adding that the rupee too will be stable.
SC bans registration of 2000cc+ diesel cars in NCR (16-12-2015)
The supreme court has maintained its order of banning registration of diesel vehicles over 2000 cc engine capacity in the National Capital Region till March 31, CNBC TV-18 reported.
Watchword for mkt should be caution, not aggression: Ambit (16-12-2015)
The tightening of monetary policy in the United States and an economic slowdown in China has weighed, and will likely continue to weigh on risk assets worldwide, says noted analyst Saurabh Mukherjea.