Market Data

[vc_row][vc_column width=”1/1″][vc_column_text]Mumbai: Reserve bank of India on Tuesday cut interest rates for the third time this year. The Reserve Bank of India ( RBI) lowered the benchmark repo rate — the level at which it lends to commercial banks — by 25 basis points to 7.25 percent with immediate effect. …

[vc_row][vc_column width=”1/1″][vc_column_text]By Mr. Vivek Gupta [CMT – Director Research, CapitalVia Global Research] New Delhi: Nifty Future remained volatile this week as traders roll over positions in the futures & options (F&O) segment from the near month May 2015 series to June 2015 series hitting their lowest level in almost two …

[vc_row][vc_column width=”1/1″][vc_column_text]By Ibrahim Patel Mumbai:  At present not a single new major zinc mine being commissioned anywhere in the world and demand for this commodity increasing day by day. We believe that the zinc stock is heading towards deficit. This statement was made by Ivan Glsenberg, CEO of Glencore, and …

[vc_row][vc_column width=”1/1″][vc_column_text]By Ibrahim Patel Mumbai: Nickel traders across the world are confused with the development taking place in China. however, bulls would be taking excessive risk if they are trading going by the LME stock. Chinese traders are making trade in nickel with higher price, especially in Ferro nickel considered …

[vc_row][vc_column width=”1/1″][vc_column_text]By Ibrahim Patel Mumbai: Farmers across the world harvest record wheat crop for continuous two years following the year of high prices. According to the international grain council, during the current year 700 million ton wheat crop likely to be marketed. Hedge funds and money managers have got such …

[vc_row][vc_column width=”1/1″][vc_column_text]By Ibrahim Patel Mumbai: In a bid to bottom out, the global price of natural rubber, leading producers and exporters has joined hands to bring discipline in the export market. This organization of eight companies has been formed under the leadership of Sri Trang Agro Industries and Halkyon Agri …

[vc_row][vc_column width=”1/1″][vc_column_text]Mumbai: Essar Shipping Ltd (ESL), the integrated logistics solutions provider with investments in logistics services, sea transportation and oil field drilling services, today said it has released its 4th Sustainability Report titled “Strengthening and Creating a Sustainable Maritime Industry”.  Capturing ESL’s performance in terms of impact on the environment, …

[vc_row][vc_column width=”1/1″][vc_column_text]Mumbai: The Power Transmission and Distribution (PT&D) business of L&T Construction has won orders worth Rs. 802 crores in the domestic and international markets in April 2015. In the domestic market, Rural Electrification projects under the Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY) schemes have been bagged in Uttar Pradesh …

[vc_row][vc_column width=”1/1″][vc_column_text]Mumbai: DHFL, India’s second largest housing finance Company in the private sector, today announced its annual results for the year ended March 31, 2015. The Company has registered a rise in Net Profit by 17.45 %, to INR 621.29crore for the year ended March 31, 2015. Commenting on the …

[vc_row][vc_column width=”1/1″][vc_column_text]New Delhi: Smt. Harsimrat Kaur Badal, Union Minister for Food Processing Industries today said that “India has the potential to become a global leader in food processing sector. Food processing sector has got the ability to integrate the gap between the farmers and the consumer”. Minister added that Food …