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Showing posts with the label Coal India

Stock Market News - Oil Marketers Rally, Jet Airways Falls

Oil Marketers Rally -  On Falling Crude Prices Shares of the oil marketing companies rallied after the Brent crude fell for the third consecutive trading session and declined 1.3 percent to $66 per barrel. Jet Airways Falls -  After Executive Exits Halts Results Approval Shares of the cash-strapped airline declined as much as 2.9 percent to Rs 146.65. The company said it is not in a position to consider and approve March quarter results on account of the ongoing bidding process undertaken by lenders and resignation of multiple board members. Coal India At Over Six-Month High  - Shares of Coal India rose as much as 3.9 percent to Rs 151.95, its highest level in over six months. Bharti Airtel, HDFC Bank, JSW Steel, Coal India, HPCL, Berger Paints, IndiGo and Tata Steel are some of the major gainers on the indices in the early trade, while losers are ONGC, HUL, Kotak Mahindra Bank and All the sectoral indices are trading higher led by metal, pharma, bank...

Market News- Wipro gains 1%, ICICI Bank, Coal India top gainers,LIC Housing Falls

Wipro gains 1% -  Shares of the IT services provider rose as much as 1.3 per cent to a seven-week high of Rs 291.45 per share after its March quarter results are scheduled to be announced today.  ICICI Bank, Coal India top gainers -  ICICI Bank shares are trading 2.5% higher at Rs 402.45, while VEDL shares are up 2% to Rs 188.70 on BSE. Tata Motors, Infosys shares are trading 1% lower each in the morning trade on Tuesday. Dr Reddy's Lab, Vedanta, Coal India, ICICI Bank, IOC, Asian Paints, Wipro, Hero Moto, JSW Steel, Bharti Airtel, SBI are the major gainers on the indices in the morning trade, while on the other hand Infosys, Tata Motors, HUL and Tata Steel are trading lower. All the sectoral indices are trading in green led by metal, pharma, energy, auto, infra, bank and IT. Rupee Opens: The Indian rupee opened lower by 7 paise at 69.49 per dollar on Tuesday versus 69.42 yesterday. Deepak Fertilizers up 7% - Shares Deepak Fertilisers and Petrochemi...

Market News-Tech Mahindra up 1%,RIL, Infosys, Bajaj Auto to be in focus

Tech Mahindra up 1%: The IT company will acquire Japan-based mobile network solution firm K-Vision for $1.5 million in an all-cash deal. Stocks to watch: Reliance Industries: Shares of India’s most valued company by market capitalization, Reliance Industries will be in focus today after Brookfield announced Thursday that it would be buying the loss-making gas pipeline East-West Pipeline for Rs 13,000 crore from it. Bajaj Auto: Brokerage house Credit Suisse said in a report that Bajaj Auto’s could decline in the first half of FY 20. The company has been reluctant to increase its dividend payout and investors would prefer it to return excess cash.  Credit Suisse has maintained a neutral stance on the company at a target price of Rs 2,700 per share. Infosys: The Indian IT major company Infosys has got shareholders approval for the buyback of its shares and to reappoint Kiran Shaw as an independent director. Coal India: State-owned Coal India said Thursday ...