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Dec 29, 2010
via Money on the markets

HUL shares end as top Sensex gainer

Shares in Hindustan Unilever jumped 3.5 percent on Wednesday to close at 304.55 rupees on a newspaper report in the Mint that the company had put a property in Mumbai for sale.

The asset was expected to fetch 2.2-2.5 billion rupees to the largest maker of household products and consumer goods.

Dec 20, 2010
via Money on the markets

Hero Honda shares surge 18 pct


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Shares in Hero Honda gained 18 percent on Monday to close at 1981 rupees, ending as the top Sensex gainer, as Bank of America-Merrill Lynch raised its rating on the firm, with worries over the financial impact from Honda’s exit from their India motorcycle JV subsiding.

This was the best single-day gain in at least two years for the stock.


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Dec 17, 2010
via Money on the markets

Funding your retirement with mutual funds

Photo

So you are in your mid 30s and invest regularly in mutual funds, but are you worried about having a retirement plan in your portfolio than can take care of life after 60?

If yes, the basic questions that would be bothering an individual are — How much money is needed at retirement? How should I build that corpus? How will I get a monthly income to sustain my lifestyle post-retirement?

Dec 13, 2010
via Money on the markets

RComm shares rise 2 pct

Shares in Reliance Communications rose 2 percent on Monday after it announced the launch of its third-generation (3G) mobile services in four cities.

The second-largest mobile operator said it would cover all its 13 zones by next March and investors hoped the new service would boost the company’s earnings potential.

Dec 10, 2010
via Money on the markets

Good day for RIL shares

Shares in Reliance Industries, India’s top listed firm, gained 4 percent on Friday, helping the benchmark Sensex post gains of more than 250 points.

RIL, which has the highest weight in the Sensex, ended with volumes of 944,021 on BSE.

Dec 8, 2010
via Money on the markets

HPCL, BPCL shares rise

Shares in oil marketing firms like BPCL and HPCL posted decent gains on Wednesday on hopes of a fuel price hike.

Oil Secretary told reporters India will soon take a decision on raising diesel prices, in an effort to lower the government’s subsidy bill and boost the financial health of oil marketing firms.

Dec 7, 2010
via Money on the markets

Unitech shares rise

Shares in Unitech, one of India’s top listed realty firm, gained 5 percent on Tuesday even as other stocks in the realty index ended weak.

The BSE Realty index ended down nearly 1 percent, with stocks like Indiabulls Real Estate and DB Realty ending down around 5 percent.

Dec 6, 2010
via Money on the markets

Banking index falls more than 2 pct

It was not a great start to the week for banking counters, as the BSE Banking index dropped 2.3 percent on fears margins could be hit.

India’s top lender State Bank of India said it will raise deposit rates by between 50 and 150 basis points for various maturities, with effect from Dec. 7.

Dec 2, 2010
via Money on the markets

Real estate index rises

Stocks of real estate firms posted decent gains on Thursday, with HDIL standing out with a 9 percent jump.

The realty index closed 2.2 percent higher, topping the BSE sectoral indices table.

Dec 1, 2010
via Money on the markets

IOC shares surge

Shares in Indian Oil Corporation ended 10.96 percent higher on Wednesday. Its chairman said the firm aims to raise $4.4 billion in January through a FPO and that the pricing for offer was likely to be at 450 rupees apiece.

Shares were up as much as 14 percent during trade.

The Indian government is selling a 10 percent stake, while the company will offer an equal number of new shares to raise 20 billion rupees, making the sale the biggest-ever share offering in the Indian market.

    • 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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