Nestle India goes up by nearly 2%, defies broader market trend
Defying the broader market trend on Monday, Stocks of Nestle India gained nearly 2% in morning trade on the bourses. The shares opened at Rs 6,100.00 and surged 1.76% to an high of Rs 6,206.70 on BSE. On the NSE, similar trend was seen as the stock opened at Rs 6,078 and touched an intra-day high... read more »
Onion prices to touch Rs 100 per kg soon?
New Delhi: Rising onion prices over the past few weeks are giving a hard time to consumers. Stockists are making the most out of the situation. Despite the government increasing the minimum export price (MEP) and allowing imports to raise domestic supply, the onion prices are showing no sign of... read more »
Sensex Tanks Over 1,200 Points in 3rd Biggest Crash in History:
The Sensex crashed 1,210 points to 26,155 at its day’s low, while the 50-share Nifty slipped below the crucial 8,000 levels for the first time in two months. All 50 shares in the Nifty traded in the red, while on the broader BSE 500 index, just five stocks traded higher. The rupee has... read more »
Monnet Ispat & Energy rebounds from 3-month lows on plans to take meas...
Monnet Ispat & Energy, a steel maker, rebounded from 3-month lows on news that the company may sell off stakes in units in a bid to cut down on debt payments. Monnet said it was in talks with larger rival Bhushan Steel to exit its 35 percent stake in Orissa Sponge Iron & Steel Ltd., which... read more »