The BSE Sensex opened 58 points higher at 17,734 while Nifty is up 20 points at 5,400.
It is very unlikely that this demand will be met as oil companies will then be allowed to hike prices of fuel at their own will.
Companies like DLF, who are often in a hurry to book revenues, will be hit with the new guidance note because of the expenditure clause.
The UP elections results, with the Samajwadi party the clear winner and having no need for Congress support, is the market's worst nightmare come true.
The Anil Ambani group's shares have received a fillip from the projected win of Samajwadi Party while Jaiprakash is down on Mayawati's likely loss.
True love can happen in minutes. And so LIC discovered that it was dying for ONGC's shares just before the embers of the auction process were dying.
After receiving a shellacking from investors back home, Malvinder and Shivinder Singh are looking to list Fortis in Singapore.
Cash crunch seems to be the motive behind this sale. But with debt levels of Rs 9,000 crore, the sale of Staples will only give the company Rs 200 crore.
The auction in ONGC involves the sale of 428 million shares, which will bring down the government's stake by 5 percent to 69.14 percent.
Did you know that Apple's market cap is 15 times the size of Raja's 2G telecom scam? Read on for more fun facts.
Banking stocks continue to trade higher on expectation of liquidity easing by the central bank through a CRR cut
Reliance Infra's tariff hikes in Mumbai are regular and timely. In Delhi, the last tariff hike was too little, too late, and NHPC has yanked supplies.
A subdued US markets after a weak performance in the Asian and European markets on Monday, has led Indian markets to trade higher.
Sesa Goa will now have to service the high level of debts taken by the parent to acquire Cairn India as well as end up with incubating the loss-making Vedanta Aluminium.
As against market expectation of Cairn's stake being transferred to Sterlite, the parent group has instead transferred the 38.8 percent stake to Sesa Goa, which will now have the burden of servicing the debt.