Online Producer, New Delhi
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Oct 15, 2010
via Money on the markets

BSE IT index falls

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The BSE IT index slipped 3.25 percent on Friday after Infosys, which posted better-than-expected results, warned currency volatility could crimp growth for the outsourcing sector.

The stock closed 3.4 percent lower, after rising as much as 2 percent to a record high of 3,249 rupees on results. Both Wirpo and TCS ended 3.5 percent lower.

Oct 13, 2010
via Money on the markets

BSE IT index gains 3.15 pct

IT stocks posted smart gains on Wednesday as IT cos’ stocks gained on expectations of strong quarterly earnings.

Oracle Financial Services Software ended 4.6 percent higher as the top gainer in the index.

Oct 12, 2010
via Money on the markets

BSE Realty index slips

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It was a tough day for investors in realty stocks, as the sectoral index slipped 1.8 percent and ended as the top loser among indices.

Anant Raj Industries led the losers, ending down 3 percent. Top listed firms like Unitech and DLF followed, slipping 2.5 and 2 percent respectively.

Oct 4, 2010
via Money on the markets

SKS Microfinance shares fall

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Shares in lender SKS Microfinance fell nearly 9 percent in trade on Monday after the firm said it had terminated the appointment of its chief executive.

The stock ended 5.8 percent lower.

SKS, India’s largest microlender that raised about $358 million in an IPO in August, said in a notice it had withdrawn all powers granted to Suresh Gurumani, MD and CEO, with immediate effect, without giving any reason.

Sep 29, 2010
via Money on the markets

Mahindra Satyam posts FY09, FY10 results

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Mahindra Satyam on Wednesday reported net losses for FY2009 & FY2010, giving the first view of its financial state almost 2 years after it was hit by India’s biggest corporate fraud.

Shares in Satyam ended just 0.1 percent higher at 98.9 rupees ahead of results announcement.

Sep 28, 2010
via Money on the markets

BSE Power Index gains

Power stocks posted decent gains on Tuesday, sending the power index up 1.15 percent to the top of the sectoral gainers list.

ABB shares topped the index, closing 4.6 percent higher, followed by Siemens which gained 3.7 percent.

Sep 24, 2010
via Money on the markets

Realty stocks rise

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The BSE Realty Index gained 2.7 percent on Friday and ended as the top sectoral gainer, with stocks such as DLF and Unitech posting smart gains.

DLF, India’s top listed firm, ended 5.2 percent higher at 365.65 rupees, while Unitech gained 3.14 percent. Sobha Developers topped the index with gains of 6.5 percent.

Sep 23, 2010
via Money on the markets

Banking stocks fall

Bank stocks corrected on Thursday and the banking index ended down 1.2 percent, as the overall market slipped on profit booking.

SBI and ICICI Bank closed down 0.2 percent and 2.3 percent respectively. HDFC Bank and mortgage lender Housing Development Finance lost 0.6 percent.

Sep 22, 2010
via Money on the markets

Shares in Maruti jump

Shares in automobile companies rose on Wednesday on hopes of buoyant demand during the September-to-December festive season.

Top car maker Maruti Suzuki rose 3.6 percent after Bank of America-Merrill Lynch upgraded it to buy from underperform.

Sep 20, 2010
via Money on the markets

FMCG index up, ITC surges

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The BSE FMCG Index closed 3.5 percent higher on Monday and topped the list of sectoral gainers with stocks such as ITC and Colgate posting smart gains.

ITC touched an intra-day high of 5.9 percent, its highest level in at least 20 years, helped by robust domestic consumption. The share closed 4.9 percent up.

    • 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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