Barring Sun Pharma, rest nine companies, including ITC, CIL and HDFC witnessed decline in their market capitalisation (m-cap). On a weekly basis, the BSE benchmark index Sensex fell by 2.96 percent to 26,656.83.
Posts tagged MC
Market valuation of top 9 cos tanks by Rs 81,812 crore (02-11-2015)
See FY16-17 growth forecast revised lower: Religare Invesco (02-11-2015)
Earnings are trending lower, says Vetri Subramaniam, CIO of Religare Invesco Mutual Fund. According to him, FY16 and FY17 growth estimates are likely to be revised lower by the end of the earnings season
Nov sales to be flat, lost exports in Nepal: Bajaj Auto CFO (02-11-2015)
Dsa says the company lost some numbers in Nepal because of the disturbance in that country. He says the response to the new Avenger series has been encouraging, and there have been 7000 bookings already
Cold coffee: Cafe Day owner debuts weak, tanks 14% (02-11-2015)
The company which operates popular brand Cafe Coffee Day had fixed the issue price at Rs 328 per share for investors. The IPO, which was opened for subscription during October 14-16, was subscribed 1.64 times at price band of Rs 316-328 a share.
Sensex falls 150 pts, Nifty below 8050; Coffee Day cracks (02-11-2015)
New kid on the block Coffee Day Enterprise has debuted on bourses at Rs 307 per share, down 14 percent intraday today.
Vedanta seeks cut in iron ore export duty, levies (02-11-2015)
The country’s biggest private miner resumed mining in Goa, India’s top-producing state, in August after a ban on illegal extraction shuttered operations for three years.
Oil prices drop on China demand worries (02-11-2015)
Benchmark US crude futures CLc1 had dropped 24 cents from their last settlement to USD 46.36 per barrel by 0232 GMT. Internationally traded Brent futures LCOc1 were at USD 49.48 a barrel, down 8 cents.
Japan Oct manufacturing PMI hits 1 yr high as demand grows (02-11-2015)
The Markit/Nikkei Japan Final Manufacturing Purchasing Managers Index (PMI) rose to a seasonally adjusted 52.4 in October, slightly less than a preliminary reading of 52.5 but a solid improvement from the final reading of 51.0 in September.
Tough to be bullish in this mkt; Nifty peak at 8400: Udayan (02-11-2015)
CNBC-TV18 consultant Udayan Mukherjee believes it is a tough task to stay positive in the current market, given the slew of weak corporate earnings in the past few days.
Sensex, Nifty open flat; Sun Pharma, ITC, LT laggards (02-11-2015)
MM, GAIL, Axis Bank, Tata Motors and Vedanta are top gainers in the Sensex. Among the losers are Sun Pharma, ITC, LT, ONGC and Infosys.