Online Producer, New Delhi
Aditya's Feed
Mar 3, 2011
via Money on the markets

Capital goods stocks rise

The BSE Capital Goods index rose 2.35 percent on Thursday, with stocks like Punj Lloyd and BHEL posting smart gains.

Punk Lloyd closed 4.7 percent higher, BHEL gained 3.3 percent and L&T ended up 3.2 percent.

Mar 3, 2011

Mid-, small-caps dent diversified mutual funds in Feb

NEW DELHI (Reuters) – Diversified stock funds lagged the Sensex in February, as exposure to mid- and small-cap shares and sectors like capital goods hurt net asset values.

Diversified funds fell 4.66 percent on an average during the month, compared with a 2.75 percent fall in the benchmark, data from global fund tracker Lipper, a Thomson Reuters company, showed.

Mar 3, 2011

Mid-, small-caps dent diversified funds in Feb

NEW DELHI, March 3 (Reuters) – India’s diversified stock
funds lagged the benchmark index .BSESN in February, as
exposure to mid- and small-cap shares and sectors like capital
goods hurt net asset values.

Diversified funds fell 4.66 percent on an average during
the month, compared with a 2.75 percent fall in the benchmark,
data from global fund tracker Lipper, a Thomson Reuters
company, showed.

Feb 19, 2011
via Money on the markets

Current income tax slabs

Here are the current income tax slabs, applicabl for financial year 2011-2012. Watch this space for latest updates on income tax slabs in Budget 2011.

For a illustration of tax calculation for FY2011, click http://tinyurl.com/newtaxslabs

Feb 17, 2011
via Money on the markets

Banking index gains 1.5 pct

It was a good day for banking counters, as the banking index ended with gains of 1.5 percent in a Mumbai market that ended 200 points higher.

HDFC Bank was the top gainer in the index, ending up 4.15 percent, followed by IndusInd Bank which gained 2.4 percent. Federal Bank was the only stock in the index which ended in red.

Feb 16, 2011
via Money on the markets

Unitech shares jump more than 9 pct

Shares in Unitech, one of India’s leading real estate firms, rose 9.3 percent to close at 38.2 rupees, after a sell-off amid allegations that the firm was among those who were favoured in 2G licence grants in 2008.

On Tuesday, the CBI questioned Unitech’s MD as part of a probe into the alleged telecoms corruption scandal.

Feb 14, 2011
via Money on the markets

Mahindra Satyam shares jump on earnings

Software services exporter Mahindra Satyam jumped 11.7 percent to 64.65 rupees after the firm reported its third quarter net profit, which more than doubled from a quarter ago.

The company also said that it put a planned merger with its parent firm, Tech Mahindra, on hold.

Feb 2, 2011
via Money on the markets

BSE Power index falls

The BSE Power index fell 1.3 percent on Wednesday to end as one the top sectoral losers, as the broader market ended marginally higher.

Shares in JSW Steel dropped nearly 3 percent and ended as the top loser in the index. BHEL and NTPC shares lost more than 2.5 percent.

Feb 2, 2011

Equity funds record worst monthly fall in over 2 years

NEW DELHI (Reuters) – Diversified stock funds mirrored losses in benchmark index in January with unit values recording their worst monthly performance since October 2008, data from global fund tracker Lipper showed.

Such funds, which form the largest category of equity schemes by number and assets, posted an average drop of 9.8 percent in the month, compared with a 10.6 percent fall in the 30-share benchmark Sensex.

Feb 2, 2011

Stock funds record worst monthly fall in over 2 yrs

NEW DELHI, Feb 2 (Reuters) – India’s diversified stock
funds mirrored losses in the benchmark index in January with
unit values recording their worst monthly performance since
October 2008, data from global fund tracker Lipper showed.

Such funds, which form the largest category of equity
schemes by number and assets, posted an average drop of 9.8
percent in the month, compared with a 10.6 percent fall in the
30-share benchmark Sensex .BSESN.

    • About Aditya

      "Aditya is part of the India politics, economy and general news team at the Reuters bureau in New Delhi. After joining Reuters in July 2008, Aditya spent nearly six years managing content and writing for the Reuters.com India edition. During 2013-14, he was closely involved in developing the website's India Insight platform, writing on topics ranging from business and politics to stocks and mutual funds. Follow him on Twitter @adityakalra"
      Joined Reuters:
      July 2008
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