The benchmark index of the Bombay Stock Exchange climbed above 17,000 points on Wednesday for the first time since May 2008.
The Bombay Stock Exchange IT index has dipped almost 9% or 585 points at 6,210 compared to 1.56% fall in benchmark Sensex at 0917 hours.
Unilever, which derives 52-53 per cent of its $70-billion revenues from emerging markets, said it expected economic pressures to continue in 2013.
Index options safest in derivatives but can wipe out all the capital if attempted without knowledge.
The new unlisted firm will include Wipro Consumer Care & Lighting (including furniture business), Wipro Infrastructure Engineering (hydraulics and water businesses) and Medical Diagnostic Product & Services business, Wipro said in a filing to the Bombay Stock Exchange.
Shares of Anil Ambani-led Reliance Communications and Reliance Infrastructure gained five per cent each on expectation that rate cuts would help lower the interest cost burden of these companies.
After its stock fell 22 per cent on the Bombay Stock Exchange, education solutions provider Educomp Solutions filed a complaint with the Additional Commissioner of Police, Economic Offences Wing, Crime Branch (Delhi Police) to identify the source of malicious emails alleging account manipulation, and has sought action against them.
Closes 20 points lower on a bout of profit-booking.
Ramesh Damani, stock broker, Bombay Stock Exchange, is known for prudent stock-picking. Though he prefers to be cautious while talking on individual stocks due to regulatory issues, in an interview with Business Standard, he drops a few hints about the current rally and the sectors he is betting on.
"We will complete the transformation within May 2007 and are talking to select foreign exchanges for a possible partnership," Bombay Stock Exchange Ltd managing director and CEO Rajnikant Patel said.
With FIIs getting back the voracious appetite for Indian stocks, they have put in over Rs 3,500 crore (Rs 35 billion) through just 62 bulk deals on the Bombay Stock Exchange in the first two months of the current financial year.
Following the stake sale buzz, shares of the company opened higher and further zoomed 8.51 per cent to Rs 47.80 on the Bombay Stock Exchange.
Foreign institutional investors have pulled out over 5,307 crore (Rs 53.07 billion) from the stock market in the last six days, amid the Bombay Stock Exchange's benchmark index Sensex's continuous downward journey during the period.
Mahindra & Mahindra on Friday confirmed its bid to acquire the Romanian government's stake in SC Tractorul UTB SA, Brasov.
Move follows 26 per cent acquisition in Ahmedabad's NMCE.
Shriram Transport Finance plans rights issue.
IT firm Tech Mahindra on Monday said it will allot 45,000 equity shares under its employee stock option plan.
The Bombay Stock Exchange's 30 share benchmark Sensex is trading 5.69 per cent lower so far this year.
In a late surge on Thursday, Jet Airways shares soared 9.7 per cent to close at Rs 408.5 on the Bombay Stock Exchange on speculation the airline's promoters had initiated talks to sell stake in the company.
It is second only to the disastrous 2008.
There is no way out for Mallya's debt problems unless he sells some of his stake, says an analyst.
New Delhi Television Ltd has declared a dividend of 20 per cent for the financial year 2004-05.
With an FIR filed against it and its stock taking a beating amidst allegations that its account books were manipulated by its promoters, Educomp seems to be in trouble. Managing Director Shantanu Prakash explains the company's stand.
Appearing unruffled by over 600-point plunge in stock market on Thursday morning, finance minister P Chidambaram said every movement in the bourses did not require a comment.
Meanwhile, market regulator Securities and Exchange Board of India said in a statement the reports suggesting that MNS has asked it to provide Marathi as an option on its website were erroneous.
Bajaj Tempo Ltd has approved change in the name of the company to 'Force Motors Ltd'.
The National Stock Exchange on Wednesday removed Satyam from its benchmark index Nifty and the IT firm will be replaced by Reliance Capital with effect from January 12.
Shares of Reliance Natural Resources Ltd on Friday surged over nine per cent on the Bombay Stock Exchange after the Bombay High Court issued an interim order restraining Reliance Industries from selling natural gas from KG gas field to a third party.
The Bombay Stock Exchange has declared a trading holiday on October 13 on account of the Maharashtra Assembly elections.
The acquirer would need to place an order before tendering period.
Stocks of sugar companies rose after the development. At the Bombay Stock Exchange, Bajaj Hindusthan, India's biggest producer, gained 4.25 per cent to close at Rs 121.35, Balrampur Chini gained three per cent and closed at Rs 88 while Renuka Sugars gained four per cent to Rs 68.
On the NSE, the stock tanked 10.19 per cent to a low of Rs 2,219.
Investors can take exposure in such schemes. Selection of funds, however, is very important
The boards of Bayer India and Bayer Cropscience India Ltd on Monday approved the merger of the two firms, the Bombay Stock Exchange said.
Small cap stocks can sometimes surprise by yielding large returns to investors.
The Bombay Stock Exchange is selling 41 per cent stake to 20 investors, including domestic and foreign financial institutions, for about $ 384 million - the biggest private placement of equity ever in the country.
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