Business Opportunities

Sensex firm; IT, metal stocks lead

The Sensex after opening flat has now soared to a high of 16,885 on the back of buying in IT and metal stocks. - Sensex at day"s high - Ranbaxy up on WHO"s nod for AIDs drug - Mahindra Satyam down 5% on L&T"s stake sale - Sensex opens flat - Positive IIP numbers fail to enthuse markets - Mutual funds" investor base falls in October Among the list of gainers on the BSE now, Maruti has soared 2.5% to Rs 1,459. TCS and Tata Steel are up 2% each at Rs 667 and Rs 523, respectively. Hero Honda, Infosys, HUL, Wipro, ICICI Bank and Hindalco have increased 1-2% each. Jaiprakash Associates is the only major loser, down 2% at Rs 231. Among the the sectoral indices, IT and metal indices are up 1.5% each. The market breadth is fairly positive, out of 2,430 shares traded, 1,474 have advanced and 866 shares have declined on the BSE.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
Trio-logy
BS Reporter / Mumbai September 5, 2009, 0:48 IST
Popular Articles
payday loan lenders

NK rides again
This is the second volume of essays/columns by NK Singh, or NK as he is generally known. These essays span the period of summer 2007 to summer 2009. The first thing that strikes the reader about these columns is the extraordinary variety of topics, ranging from the management of global economic risks to issues of Parliamentary oversight to a blueprint for the revival of Nalanda University. To anyone who knows NK, such variety and range would come as no surprise. Indeed, I was mildly disappointed not to find an essay on the challenges of nurturing roses or one on the finer points of photography, both of which figure among NK’s manifold interests.

Posco, ArcelorMittal may get land of fert, cement cos
The Centre is toying with the idea of allotting land lying idle with various non-functional state-run fertiliser and cement firms to companies like ArcelorMittal and Posco, which are facing problems in acquiring land for their proposed plants.