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02 September 2014, 14:36

Sensex holds 27,000, Nifty hits 8,100

Markets are trading firm in the noon trades on sustained buying in financials, auto and pharma shares. Strength in the Asian markets have further boosted the sentiments of the investors. At 2:20PM, the 30-share Sensex was up 152 points at 27,020 and the 50-share Nifty was at 8,082 up 55 points. Top Sensex gainers include, HDFC Bank, HDFC, Cipla and Sun Pharma among others. The broader markets are outperforming the benchmark indices- BSE Midcap and Small indices have gained by over 1% each. ...
Rediff.com, 14 min(s) ago
Also from: INooz

D-Street cheers GDP growth but cautions tough road ahead

The uptick in growth during the first quarter of FY15 has been driven by a sharp jump in community, social and personal services, says Malini Bhupta. India's economic growth expanded by 5.7 per cent in the June quarter, taking the Street by surprise, as consensus estimates pegged it at 5.5 per cent. Consensus is that FY14 saw India's economic growth hit rock bottom and the first quarter numbers hold promise. While the market believes there are upside risks, few are rushing to upgrade the full ...
Rediff.com, 24 min(s) ago
Also from: The Statesman, Smart Investor and 16 other sources

GMR Infrastructure signs MoU with Japan Bank for International Corporation

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Capital Market, 38 min(s) ago
Also from: Business Standard, Money Control and 6 other sources

Passports could be seized to fight terrorism: UK

LONDON: Prime Minister David Cameron on Monday proposed new laws that would give police the power to seize the passports of Britons suspected of having traveled abroad to fight with terrorist groups. Speaking to Parliament, Cameron said his ...
Economic Times, 43 min(s) ago
Also from: Asia Insurance Post

Pro-Russian rebels lower demands in peace talks

Pro-Russian rebels have softened their demand for full independence, saying they would respect Ukraine's sovereignty in exchange for autonomy, a shift that reflects Moscow's desire to strike a deal at a new round of peace talks. The insurgents' ...
Business Standard India, 45 min(s) ago
Also from: Business Standard India, IT News Online and 4 other sources

Corporate : CRISIL reaffirms 'A1' rating to Commercial Paper of PC Jeweller

Credit rating agency, CRISIL has reaffirmed 'A1' rating to Commercial Paper of PC Jeweller. The rating agency has also reaffirmed 'A' and 'A1' ratings to the company's long term and short term bank facilities aggregating worth Rs 3650 crore, ...
Indian-Commodity, 47 min(s) ago
Also from: HDFC Securities

Fire breaks out at Chatterjee International building in Kolkata

+ Kolkata, Sep 02 (ANI): Fire broke out on the 15th floor of the landmark Chatterjee International building near Park Street in Kolkata on Tuesday morning. Four fire tenders were rushed to control the situation. Since the fire broke out before ...
International Business Times India, 54 min(s) ago
Also from: Livemint.com, Business Standard India and 1 other source

No relief for Kingfisher Airlines, SC doesn't restrain Union Bank from declaring it a wilful ...

New Delhi: In a setback for the Kingfisher Airlines, the Supreme Court on Tuesday refused to restrain the Union Bank of India from declaring it a wilful defaulter. "Now that you have been declared a defaulter, you can challenge it in any court," the ...
IBNLive India News, 44 min(s) ago
Also from: MSN India, INooz and 16 other sources

Fire in Kolkata high-rise under control, no casualties reported

The fire which broke out on Tuesday morning at the 24-storey Chatterjee International building in Kolkata is now under control, fire officials said. Fire breaks out at Chatterjee International Centre in #Kolkata. (Photo courtesy: Twitter handle ...
Hindustan Times, 54 min(s) ago
Also from: INooz, Business Standard India and 1 other source

Hong Kong shares recover losses, lifted by China markets

HONG KONG, Sept 2 (Reuters) - Hong Kong shares finished flat for a third session on Tuesday, but recovered from session lows after major indexes in China's market reached fresh highs this year. The Hang Seng Index ended barely changed at 24,749.02 ...
Reuters India, 45 min(s) ago
Also from: Business Standard India, Business Standard and 2 other sources

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