With only three days of working in the week, the market started off in the red. CNBCTV18’s Udayan Mukherjee says volumes have remained quite subdued, since, “Many people are not in the market, hence, we saw only Rs 90,000 crore of trade today.”
Posts Tagged ‘the-market’
Tecpro Systems bags order worth Rs 2.23 bn
Tecpro Systems has received orders for waste heat recovery (WHR) based power plants worth Rs 2.23 billion. The stock had outperformed the market over the past one month till Apr. 07, 2011, rising 14.29% compared with the Sensex`s 7.51% rise
CSS Tech gets order from Satavahana University
CSS Technergy has received an order from Satavahana University , Andhra Pradesh for Document Management Services.
Largecaps are not taking notice of challenges: Udayan
It has been a quiet couple of days with the market consolidating around 5,900 levels, says Udayan Mukherjee, Managing Editor, CNBCTV18. He further says, there are some challenges in the environment, but for now the largecaps are not taking notice of it.
Sesa Goa’s open offer for Cairn to open next week: Vedanta
Exuding confidence Vedanta Chairman Anil Agarwal today said the government approval for the USD 9.6 billion deal with Cairn Energy should be in place very soon. It says that the market regulator SEBI has already given the green signal for Sesa Goa’s 20% open offer for Cairn India.
Polaris launches Intellect CBX
Polaris Software has announced that Polaris launches intellect CBX, `Customer Business eXchange` at NACHA which is the electronic payments association. The stock had underperformed the market over the past one month till Apr
Book profits in Punj Lloyd, Wipro, ICICI Bank: CanMoney
Broking firm Canara Bank Securities (CanMoney) said current levels can be utilized for profit booking in the intraday positions of Punj Lloyd, Wipro, ICICI Bank . At noon, the market continued its weakness and was trading with a little higher volatility. Sensex was at 19,659, up 238 points from its previous close, and Nifty was at 5,896 higher by 70 points
Greece says may retire some debt with selloffs
Greece could use some proceeds from its state divestments programme to buy back outstanding bonds in the market and retire some of its debt, the country’s finance minister said on Wednesday.
Kirloskar Oil inks license pact with Japanese firm for diesel engines
Kirloskar Oil Engines has entered into a license agreement with Daihatsu Diesel Manufacturing Company, Japan, for manufacture of diesel engines in range of 610 KW to 2560 KW, to cater to the commercial marine market segment. The effective date of this agreement is subject to the necessary approvals and permissions
Banking, IT help Nifty to cross resistance of 5700: Udayan
It was a good session, the Nifty moved upto 5,765 today, a mild reaction towards the end and came down to close around 5,7405,735, says CNBCTV18’s managing editor Udayan Mukherjee. “The two pillars of the market, banking and IT continue to hold very firm for the Nifty,” he adds
Book profit in IDBI Bank, TVS Motors, LIC Housing: CanMoney
Broking firm Canara Bank Securities (CanMoney) said current levels can be utilized for profit booking in the intraday positions of IDBI Bank, TVS Motors, LIC Housing Finance .
Trend deciding level for today is 18,718 / 5,627: Angel
“The trend deciding level for the day is 18,718 / 5,627 levels. If NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally up to 18,956-19,096 / 5,694-5,734 levels. However, if NIFTY trades below 18,718 / 5,627 levels for the first half-an-hour of trade then it may correct up to 18,578-18,341 / 5,588-5,521 levels,“ said Angel Broking while commenting on the market outlook today.



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