The repo rate was last at 6.75 percent in March 2011
Posts tagged MC
Elder Pharma up 4%, Dubai arm to put stake sale proposal (29-09-2015)
“It was deliberated that complying with the legal parameters, proposal of sale should be put forward before board of Elder Pharmaceuticals by board of Elder International, FZCO – Dubai for further consideration and necessary approval.”
See 6% volume growth in Q2; less room for price hike: Dabur (29-09-2015)
Sunil Duggal, CEO, Dabur India expects the second half of the fiscal to be better than the first half, both for rural and urban markets, adding that demand was better in September.
Mkt to be attractive at 7500; see 75 bps cut in FY16: UBS (29-09-2015)
Gautam Chhaochharia of UBS expects a cyclical recovery to play out next year with falling interest rates acting as the big catalyst. UBS expects FY16 earnings at 8 percent, FY17 at 16 percent. He pegs year-end target for Nifty at 8200.
Oil prices volatile in Asian trade (29-09-2015)
US benchmark West Texas Intermediate for November was up seven cents to USD 44.50 and Brent crude for November added four cents to USD 47.38 in late-morning trade, but prices were swinging in positive and negative territory.
Expect market to open in red: Angel Broking (29-09-2015)
According to Angel Broking, markets are expected to open in red tracking the SGX Nifty and the Asian cues.
Shree Renuka’s Brazil arm files for protection (29-09-2015)
Shree Renuka Sugars said today that its Brazilian subsidiary Shree Renuka do Brasil Participacoes (SRDBPL) together with all of its subsidiaries, has filed for protection under Judicial Recovery in Sao Paulo court.
Motherson Sumi, Tata Steel among top 10 stocks in news (29-09-2015)
Stocks in news today are: Motherson Sumi Systems, Tata Steel, Shree Renuka Sugars, Elder Pharmaceuticals, Sadbhav Infrastructure Projects, Larsen Toubro Infotech, Vedanta.
See gap down opening led by weak global cues: ICICIdirect (29-09-2015)
Nifty is likely to open gap down on the back of weak global cues. It is likely to trade in the range of 7790-7870, says ICICIdirect.
Inside America: India its start-up dreams (29-09-2015)
Watch accompanying videos of CNBC-TV18’s special coverage of Inside America and one-off discussion held at InMobi campus in Silicon Valley, San Francisco wherein an eminent panellist of start-ups and entrepreneurs spoke and discussed about India and its start-up dreams.