Mumbai: Reliance Industry says, one bonus share will be issued for every share held by an investor. The company has also declared a dividend of 130% or Rs 13 per fully paid-up equity share of Rs 10. A company statement said, “The proposal for bonus and dividend continues Reliance’s tradition of rewarding shareholders on a [...]
Amidst the global cues, Sensex opened at 15 points higher at 16,868 this morning. The index is now around the day’s high at 16,941, up 88 points. Sterlite and Sun Pharma have gained 1.5% each at Rs 761 and Rs 1,410, respectively. SBI has added 1.3% to Rs 2,118. HDFC and ITC, however, are down [...]
Reliance Money recommends investors to subscribe for Pipavav Shipyard’s initial public offering (IPO). The issue opened today and last date is September 18. The price band is fixed at Rs 55-60. It is a good investment for long term as Pipavav undoubtedly has the potential, given the company’s one stop-shop facility to provide various services [...]
Mumbai: The stock market is likely to open higher this Monday as the trend scaled upwards overseas. US stocks closed on a higher scale last Friday and Asian stock market was on a rise this Monday. Fewer job cuts in the US hints towards a favorable stock market situation and the Sensex is expected to [...]
Mumbai: After a drop of 3.3% in the last 4 days, the BSE Sensex is expected to open higher on Friday. However investors are still worried due to the market scenario. Top power equipment maker Bharat Heavy Electricals Ltd, Energy giant Reliance Industries, Oil and Natural Gas Corp, Steel Authority of India Ltd, Sterlite Industries [...]
Mumbai: State-run hydro power generator NHPC, on Tuesday made a disappointing debut. The scrip surged to an intra-day high of Rs 39.75, up 10.42 per cent over its issue price of Rs 36 within minutes of opening trade. The NHPC shares settled at Rs 36.70, just 70 paise or 1.94 per cent above its issue [...]
Indian equities markets shot up after the opening bell Monday, with a key index opening more than 200 points higher and continuing to climb in the first 15 minutes, to about 500 points higher than its last closing figure. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 11,635.24 points, higher [...]
Indian equities markets crawled past last week’s closing figure at the end of a truncated week, which saw global markets’ indices rise smartly. A key index ended trade Wednesday at 11,403.25 points, 0.65 percent higher than the previous weekly close. Markets were open only three days, with Thursday and Friday being holidays on account of [...]
Indian equities markets are closed Thursday and Friday on account of Lok Sabha elections and Maharashtra day respectively. Trading will resume Monday. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) rose 3.65 percent Wednesday to close at a six and half month high of 11,403.25 points. Similarly, the S&P CNX Nifty of [...]
Indian equities markets slipped into the red Thursday after opening higher, as a key index slid about 125 points in the red a little after noon. Around this time, the Bombay Stock Exchange (BSE) sensitive index (Sensex), which opened at 11,358.06 points, was at 11,159.18 points, 1.11 percent or 125.55 points lower than its previous [...]
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