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Company shuts third shift at engine plant in Manesar Company shuts third shift at engine plant due to low demand Cuts production to align with demand Asks over 200 contract workers to go on indefinite leave.

Indian ADRs ended mostly lower on Monday. In the Banking space HDFC Bank shed 1.74 percent at USD 36.22 and ICICI Bank was down 0.05 percent at USD 36.85. In the IT space Infosys rose 1.02 percent at USD 41.55 and Wipro was up 0.4 percent at USD 7.46. In the other space Tata Motors was...

FIIs net sell Rs 446 crore in Index Future FIIs net sell Rs 865 crore in Index Option FIIs net buy Rs 299 crore in Stock Futures

Nifty 5800 Put sheds 4.2 lakh shares in Open Interest (OI) on July 8 Nifty 5,900 put shed 3.9 lakh shares in OI 5400 Put adds 10.3 lakh shares in OI on July 8 5800 Call adds 8.2 lakh shares in OI on July 8 5600 Put adds 3.8 lakh shares in OI on July 8 5700 Put adds 3.5 lakh shares in OI on...

The partially convertible rupee opened at 59.80 per dollar and is currently trading at 60.05/06 in choppy trade.

Asian markets were trading higher on Tuesday. Hong Kong’s Hang Seng rose 0.45 percent or 92.31 points at 20,674.50. Japan’s Nikkei gained 1.57 percent or 221.96 points at 14,331.30. Singapore’s Straits Times was up 0.50 percent or 15.72 points at 3,171.19. South Korea’s Seoul Composite added...

US markets ended in positive territory as investors geared up for the start of the second quarter earnings season. The CBOE volatility index ended below 15. The Dow Jones industrial average gained 88.85 points to close at 15,224.69. The Standard & Poor’s 500 Index rose 8.57 points to 1,640.46...

The Sensex is up 132.01 points at 19456.78 while the Nifty is at 5834.60, up 23.05 points. About 381 shares have advanced, 62 shares declined, and 21 shares are unchanged.

SELL JUBILANT FOOD FUTURE BELOW 993 TG 987, 979, 969 SL 1003

SELL AUROPHARMA FUTURE BELOW 174 TG 173.25, 172.25, 170.75 SL 175.25

BUY IRB INFRASTRUCTURE FUTURE ABOVE 95.75 TG 96.50, 97.50, 99 SL 94.45

BUY BANK OF BARODA FUTURE ABOVE 570.50 TG 573, 577, 583 SL 565.45

BUY RCOM FUTURE ABOVE 119.60 TG 120, 120.75, 122 SL 119

Muthoot Finance has received an approval from Reserve Bank of India (RBI) on June 21, 2013 for setting up of White Label ATMs in India under Scheme A of RBI policy guidelines dated June 20, 2012. The Company has taken approval of Shareholders on December 04, 2012, through Postal Ballot for...

Oil India (OIL), along with Oil and Natural Gas Corporation’s overseas subsidiary – ONGC Videsh (OVL), has inked definitive agreements in Singapore with Videocon Mauritius Energy to acquire 100% of shares in Videocon Mozambique Rovuma 1, the company holding a 10% participating interest in the...

Rupee depreciated by 56 paise to 60.22 per dollar. The BSESensex is down 73.30 points at 18555.85, and the Nifty is down 22.05 points at 5587.05.

Reliance Capital to spin off retail lending and sell minor stakes to Sumitomo and Nippon.

Received notice from workmen’s union of Chakan plant proposing stoppage of work from June 28 Union claims Management didn’t accept demand of giving option to subscribe to 500 shares at discounted price of Re 1/share Workmen have, however, stopped coming to plant from June 25, 2013 Workmen have...

Indian ADRs ended higher on Tuesday. In the Banking space HDFC Bank was up 3.75 percent at USD 35.18 and ICICI Bank was up 1.66 percent at USD 38.01. In the IT space Infosys was up 2.7 percent at USD 40.27 and Wipro was up 2.27 percent at USD 7.20. In the other space Tata Motors was up...

The Futures & Options contracts for June series will expire tomorrow. Weak global cues, rupee depreciation and yield differentials led to unwinding of the positions by foreign funds in this series. F&O segment, FIIs have sold Rs 10800 crore in index futures. The Put call ratio has come down...