Monday, August 22, 2011

22nd August, 2011 Morning Market Updates

22nd August, 2011 Morning Market Updates 8:40

 Asian markets were trading firm. China's Shanghai Composite was up 0.24% or 6.04 points at 2,540.40.
Hong Kong's Hang Seng added 1.19% or 230.84 poinst at 19,630.76.
Japan's Nikkei was up 0.18% or 15.53 points at 8,734.77.
Singapore's Straits Times added 0.32% or 8.68 points at 2,742.31.
South Korea's Seoul Composite was flat at 1,745.08.
Taiwan's Taiwan Weighted rose 0.76% or 56.04 points at 7,399.

Stock in news

Results Today: Allied Digital and Aqua logistics
Vedanta-Cairn Deal - Vedanta Says Got Formal Notification Fm GoI On Conditional Nod For Deal
Size Of Bridge To Eq Facility Reduced By $730 m To $270 m
Mphasis in FocusHP stock fell 20% in US trading after it announced PC biz spinoff and discontinuing of its WebOS products. HP reduced its full year revenue forecast by 9% and profits by 16%
CBI raids Ramky, Aurobindo, Navbharat offices in connection with the case of alleged financial misdeeds and illegal amassment of wealth by Kadapa MP YS Jagan Mohan Reddy
Alert: HDFC Trustee funds buy 5% in Aurobindo
Infosys to embrace change, may go in for acquisitions: KV Kamath – ET
Infy needs to correct course, look beyond BFSI: Kamath – BS
Other stocks and sectors in the newsRCom puts tower unit on the block for $5 bn; has hired UBS to sell its 95-percent stake in Reliance Infratel 
Govt won’t Divest PSU Stake Till Market Looks Up
Govt Examining Capital Raising Proposal of SBI
Parliamentary panel asks coal ministry to expedite Coal India’s acquisitions abroad
RIL to close USD 7.2 Bn BP deal this month
M&M overtakes Tatas as the most valued firm
GOI to announce Manufacturing Policy Soon
Centre to table nuclear regulator bill soon
Nalco seeks Expression of Interest for its Angul Unit located in Aluminium Park in Orrisa
Elder Pharma in plans to launch 12 New product in FY12
Corporation Bank seeks Rs 300 Cr Loan from Govt
Rel Infra arm seeks Rs 700 Cr relief for two key projects
Wipo Consumer Eyes Infra Projects
Assocham: Raise Cap requirement for MFI's to Rs 25 lks from current Rs 5 lks
Mahanadi Coalfields, an arm of Coal India Ltd, plans to set up a 1,600-Mw power plant in Orissa with an investment of Rs 9,000 cr
TCS leads race to acquire Lufthansa's IT subsidiary; IBM also in the fray – ET 
Govt to examine books first, before SBI rights issue – ET
TPG in talks to acquire stake in Spicejet – ET 
NHAI to launch tax free bonds by September – ET
VSNL Land: DoT to give Rs 20 mn loan for consulting firm to SPV – ET 
Nalco gets mining lease of Utkal E-Coal block – ET
Cipla, Dr Reddy's under DCGI scanner for selling banned drugs – ET
Ranbaxy Laboratories may sell Lipitor rights if FDA delays nod – ET 
Next edition of FDI document on Sept 30: DIPP – PTI 
Govt readies stake sale process for Nalco, Hind Copper, SAIL – HBL
Amara Raja set for OV two-wheeler market foray – BS 
Omnitech eyes IT acquisition in Europe – BS 
Coal India seeks  allies to unlock 1.6 bn tonne; Plans to reopen 18 mines – DNA Money 
Ex Dividend: Castrol India Interim dividend 7/sh, Chambal fertilizers 1.9/sh
F&O Ban: ABG Shipyard, Gitanjali Gems, KS oils

No comments:

Post a Comment