Unstructured Finance

Weak day for metal stocks

October 20, 2010

The BSE Metals index ended down more than 2 perncent on Wednesday with stocks like Sterlite Industries and Sesa Goa slipping more than 3 percent. Tata Steel fell 2.7 percent.

Tata Steel rises on sale agreement

August 30, 2010

TATASTEEL-RESULTS/Tata Steel ended 3.5 percent higher at 527 rupees after the company said on the weekend its unit Corus has reached an agreement with Thailands SSI on the potential $500 million sale of its mothballed Teesside plant.

Metal counters post gains after yuan move

June 21, 2010

Metal stocks jumped on Monday, boosted by China’s move to make the yuan exchange rate more flexible.

Tata Steel climbs after early losses

May 27, 2010

INDIA/

Tata Steel’s warning on profit growth saw its shares drop nearly 2 percent in early trade on Thursday, but the counter pared losses lateto close 1.7 percent up.

Tata Steel rises after results

January 28, 2010

TATASTEEL-RESULTS/

Shares in Tata Steel, the world’s No.8 steelmaker by output, soared over 5 percent in intra-day trade and ended 4.8 percent higher at 585.55 rupees.

Metal stocks rally

November 11, 2009

It was a good day at the bourses for metal stocks, with the BSE Metal Index gaining 4.2 percent in a broader market that jumped over 400 points.

Tata Steel leads metals

September 16, 2009

Tata Steel shares jumped 8.2 percent on Wednesday, registering their biggest one-day rise in more than three months and their best close in a year. The surge helped the BSE Metal Index gain 4.2 percent.

ICICI Bank leads Sensex decline

July 21, 2009

The BSE Sensex ended 0.85 percent down on Tuesday, as investors saw an opportunity to book profits after the market rallied 13.4 percent over the past five sessions.INDIA-STOCKS/6PCT

Stimulus hopes boost investor sentiments

February 9, 2009

The BSE Sensex ended on a strong note on Monday, extending gains to more than 3 percent on hopes of fresh economic stimulus measures and another round of rate cuts by the Reserve Bank of India (RBI).

Cheer for investors as Sensex rises for second day

January 28, 2009

It was another bright day for Indian investors as gains across world markets allayed concerns over risk aversion and triggered short covering ahead of the expiry of monthly derivatives contracts on Thursday.