The NSE Nifty has closed at 4,888, down 28 points.
An engineer, laid off in December 2008, remained unemployed for a year but did not lose hope. Today, he has a job with double the salary his previous employer paid him.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
Most of the major markets, including Bombay Stock Exchange, National Stock Exchange are closed
Adani is the fastest growing energy company in Asia-Pacific and the second fastest in the world
The Union petroleum ministry has proposed a 44 per cent increase in prices of natural gas sold under the administered price mechanism by state-owned Oil & Natural Gas Corporation and Oil India Ltd.
Housing Development and Infrastructure, country's third largest listed realty developer, has forayed into entertainment, power, oil & gas and broadcasting, among others, either directly or by acquiring stake. The company recently acquired a 51 per cent stake in Broadcast Initiatives, promoted by Sri Adhikari Brothers. Sarang Wadhawan talks about his company's plans and projects in an interview with Business Standard.
Cash flows from RPL will help Reliance to step up investments on explorations. Reliance Industries, which owns the world's biggest refinery complex, is looking at additional cash flows, tax benefits, continuity of export status and other synergies in its attempt to merge Reliance Petroleum with itself, after a 54 per cent decline in stock prices.
The NSE Nifty ended at 5,114, down 27 points. The market breadth was fairly negative, out of 2,844 shares traded, 1,471 declined and 1,322 advanced on the BSE.
The Sensex took just five trading sessions to surpass the 36,000-level milestone, from 35,000.
'Govt to lose Rs 40,000 crore due to RIL's escalating costs'.
Check out what is happening at the muhurat trading at the stock markets today...
Even though stocks may remain volatile in the run-up to the polls, as political parties stitch up alliances, the long-term trajectory for the markets remains bullish.
Marketmen said the BSE index tumbled tailing weak Asian peers as concerns grew that a global economic recovery may be rockier than expected after data showed US consumer confidence fell to its lowest since March.
Check what is happening in the stock markets today. Genus Power, Jayant Agro, Karuturi Net look good.
From the 30-Sensex pack, 26 stocks ended with gains led by Tata Steel and ICICI Bank
The NSE Nifty shut shop at 5,101, down 23 points.
The broader NSE Nifty, after shuttling between 10,600.25 and 10,491.45 points, ended the last session of Samvat 2074 with a rise of 6 points, or 0.06 per cent, to end at 10,530.
Private equity-backed Kosmos, which has received a total of $800 million in financing from Blackstone and Warburg Pincus, has hired Standard Chartered and Barclays Plc to sell its stakes in the offshore Jubilee oil field. A potential sale of Kosmos' stake in the Jubilee field is being closely watched as the asset is one of the largest oil finds in West Africa in the past decade.
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