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Markets open on a marginally positive note Jul-15-2011 09:37
The Indian stock markets had a marginally positive opening on Friday but were trading sideways following mixed cues from the Asian markets. The Asian indices were trading mixed and choppy on Friday after the news that rating agency Standard & Poor’s has also put the US’ “AAA” debt rating under watch for a possible downgrade. [...]
Pre Session Indian Stock Market Commentary Dated 15 July 2011
The key domestic indices are likely to witness a negative opening, as most of the major Asian indices were seen trading on a weak note amidst decline in prices of commodity stocks due to fall in oil and metal prices after the Fed Chairman Bernanke confirmed that the central bank has no immediate plans to [...]
Foreign Stock Market Reports Dated 14 July 2011
On Thursday, the U.S. markets closed on a negative note despite of stocks witnessing buying interest in the morning trade. The sentiment among investors was dampened after Fed Chairman Bernanke confirmed that the central bank has no plans in place to extend a fresh stimulus package. He further stated that a default by the Treasury [...]
Indian Stock Market: FII Activity on 14 July 2011
The FIIs on Thursday stood as net buyer in equity, whereas net seller in debt. Gross equity purchased stood at Rs. 2558.60 crore and gross debt purchased stood at Rs. 790.70 crore, while the gross equity sold stood at Rs. 2408.20 crore and gross debt sold stood at Rs. 1492.90 crore. Therefore, the net investment [...]
Rs 1,200-cr Diamond Harbour container terminal gets clearance
The approval from the Union Cabinet to transfer the piece of defence land at Diamond Harbour to Kolkata Port Trust (KoPT), has helped KoPT to overcome the existing hurdle to build the proposed Diamond Harbour Container Terminal. The project that is supposed to be constructed under the public-private partnership mode was on hold for last [...]
IITB study reveals power demand in Mumbai to double in next 20 years
Anil Ambani owned- Reliance Infra ordered a team of IIT Bombay professors and students to conduct a study on the expected demand of electricity in Mumbai in the next 20 years, a city where the company is the major supplier to the suburbs. While the final draft of the study is due to be presented [...]