Shares of private banks such as ICICI Bank and HDFC Bank rose following the news of the Spanish banks bail out by eurozone finance ministers
A QFI is an individual, group or association resident in a foreign country. QFIs do not include FIIs/sub accounts.
Stocks of auto majors such as Tata Motors and Mahindra and Mahindra rose after lobbying against a government proposal to raise taxes on vehicles that run on heavily subsidised diesel.
The issue through offer for sale route will be second disinvestment this month where the govt has truncated issue size fearing adverse market conditions may not help it realise original targets.
The stock of telecom major, Bharti Airtel fell to Rs 287 down 2.58 percent on BSE ahead of ministry's meeting of revision of prices for 2G airwaves auction.
NFL had reported a net profit of Rs 126.73 crore in the last fiscal as against a net profit of Rs 138.50 crore in the 2010-11 fiscal.<br /><br />
A total of 467 deals took place during the month by the Indian companies to carry out the outward foreign direct investment, the data showed.
HUL gets an upgrade from Macquarie from underperform to outperform and the brokerage also increased its target to Rs 600 stating that the company will benefit from the growth in emerging categories
The management of the state-run steel maker would visit six cities abroad - New York, Boston, Los Angeles, Hong Kong, Singapore and London for inviting investors.
India allows FDI in most of the sectors through automatic route, but approval of FIPB is required in certain sensitive sectors.
While HDFC housing finance claimed the methodology for calculating the weightage was wrong, the shares of the company fell 5.31 percent.
Europe is expected to keep investors jumpy as well, with inconclusive results from the recent Greek election and the country's future appearing more worrisome.
The brokerage cites compelling valuations, weak rupee, and the launch of the Pulsar and Discovery motorcycles as key reasons for the upgrade.
Dealers attributed the rupee's fall to a lower opening in the stock market and strong demand for the American currency from importers.
The scrip started the day on a bullish note and further gained 2.25 percent to Rs 317.30 on the BSE. At the NSE, the stock gained 1.37 percent to Rs 312.55.
Credit Suisse sees a "reasonably strong" correlation between USD/INR moves versus IT stock direction over the next 30 days.
Top picks for its model portfolio are ITC , Bajaj Auto, Mahindra & Mahindra , Titan, HDFC Bank and ICICI Bank.
The Dow Jones Industrial Average stock index is due for an overhaul, and new-tech giants like Apple Inc and Google have good arguments for joining the elite 30 companies.
ICICI Bank is expected to post a 20 percent increase in net profit to Rs 17oo crore in the quarter-ended March, led by higher loan growth
Indian gold traders stayed on the sidelines as prices hovered near their highest level in two months due to firm overseas markets and a weaker rupee.
About 10.4 million shares of Yes Bank changed hands in stock market deals earlier on Thursday
Citigroup says despite near-term risks such as a falling currency, valuations are compelling at current levels of around 14 times forward
The Board "approved investment proposal for Development of Western Periphery as a part of Mumbai High South Field, Phase III Redevelopment.
Sales on Tuesday for Akshaya Tritiya, the second biggest gold buying festival after Dhanteras, are estimated to have fallen by a half to 10 tonnes this year
Chauhan, currently the bourse's deputy CEO, would replace Madhu Kannan who is moving to Tata Group as head of business development.
The rupee recovered from early lows on Monday helped by dollar sales from some foreign banks.
Oil rose to $119 a barrel on Friday, trimming its weekly decline, as the impact of sanctions on Iranian supply countered nervousness about the eurozone debt crisis.
Sun Pharmaceutical Industries rose 2.4 percent after the US Supreme Court allowed the Indian drug maker to sue a brand name rival.