Tata Steel (4.2 percent), ONGC (2.9 percent), Tata Motors (2.8 percent) and Hindalco (2.8 percent) were top gainers in Nifty.
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Sensex up over 150 pts; Tata Steel rises 4%, rupee strong (09-10-2015)
Sensex up over 200 pts; Tata Steel rises 4%, rupee strong (09-10-2015)
Tata Steel (4.2 percent), ONGC (2.9 percent), Tata Motors (2.8 percent) and Hindalco (2.8 percent) were top gainers in Nifty.
NBFC asset quality to stabilise over next 12 mths: Moody’s (09-10-2015)
“The ongoing tightening of non-performing loans (NPL) recognition norms mean that the minimum standards for NBFCs will match those of banks, a credit positive,” Moody’s Vice President and Senior Credit Officer Srikanth Vadlamani said.
Nifty above 8150, Sensex firm; ICICI Bank, Tata Motors gain (09-10-2015)
Vedanta, Tata Steel, Hindalco, ICICI Bank and Tata Motors are top gainers in the Sensex. Such Coal India, Sun Pharma, Maruti Suzuki, HUL and TCS are major losers.
May have to look at reform alternatives: IMF’s Lagarde (09-10-2015)
Reforms agreed in 2010 would put Brazil, China, India and Russia among the fund’s top 10 shareholders, but they still need approval from the US Congress, frustrating emerging markets that pushed hard for more voting power, and prompting warnings from Europe about the dangers of US isolation.
Buy Bajaj Corp; target of Rs 510: Firstcall Research (09-10-2015)
Firstcall Research is bullish on Bajaj Corp and has recommended buy rating on the stock with a target price of Rs 510 in its research report dated October 8, 2015.
Pepsi set to end sponsorship of Indian Premier League (09-10-2015)
The beverage giant is keen to walk out on the five-year title contract, due to expire in 2017, because of the cash-rich league bringing “disrepute” to the game. However, BCCI sources claimed that Pepsi wants to end the deal due to its dipping foreign interests.
Buy Grindwell Norton; target of Rs 820: Firstcall Research (09-10-2015)
Firstcall Research is bullish on Grindwell Norton and has recommended buy rating on the stock with a target price of Rs 820 in its research report dated October 8, 2015.
Buy Bajaj Corp; target of Rs 500: Reliance Securities (09-10-2015)
Reliance Securities is bullish on Bajaj Corp and has recommended buy rating on the stock with a target price of Rs 500 in its research report dated October 8, 2015.
See earnings pickup from Q3; Fed hike, Bihar a worry:Citrus (09-10-2015)
Sanjay Sinha of Citrus Advisors says maintaining this optimism will become difficult in the absence of earnings pickup