Stock Market Latest News

Suzlon proposes to sell 35% stake in Hansen

Suzlon Energy proposes to sell 35% stake in Hansen, report CNBCTV18. At 12:42 pm, the stock was quoting at Rs 79.15, up Rs 5.80, or 7.91%.

Add KEC International; target Rs 536: IIFL

Add KEC International; target Rs 536: IIFL

JFE to buy about 10% of JSW Steel

Japanese steelmaker JFE Holdings will buy a stake of about 10% in India\'s JSW Steel for 30 billion yen to 40 billion yen (USD 337 million USD 449 million), the Nikkei business daily reported on Thursday.

Sanjay Dutt bullish on infrastructure companies

Sanjay Dutt of Quantum Securities is bullish on the infrastructure companies

Wipro has support at Rs 530: Daryl Guppy

Wipro has support at Rs 530, says Daryl Guppy, Founder Director, Guppytraders.com.

Nifty trades in narrow range with negative bias

At 12.17 hrs IST, the Nifty was trading in a narrow range of 50205050. It bounced back from its crucial support of 5019. It was yet another lacklustre session for the markets. The BSE Midcap and Smallcap indices were up 0.15% and 0.17% respectively.

Buy Pantaloon Retail: IIFL

Buy Pantaloon Retail, says IIFL report.

Nifty target at 5500 on breakout above 5100: Garyl Guppy

Positive on Wipro, State Bank of India, Tata Motors, Tata Steel and Infosys, Daryl Guppy, Founder and Director of guppytraders.com, believes that the SP 500 has immediate resistance at 1,160. \"The dollar index is headed lower and I see support at 71.\" Guppy has a Nifty target at 5,500 on a breakout above 5,100.

Sell BEML; target of Rs 882: Anand Rathi

Anand Rathi Securities is bearish on BEML and recommended sell rating on the stock with a target of Rs 882, in its November 17, 2009 research report.

Don\'t see trading hrs\' extension this fin year: SP Tulsian

In an interview with CNBCTV18, SP Tulsian of sptulsian.com, spoke on a few stocks and gave his take on the extension of trading hours.

Strong debuts for Maxis, Longfor in Asia IPOs

Two large Asia IPOs delivered impressive openings on Thursday, with shares of Malaysia\'s leading mobile provider, Maxis Bhd, and Chinese developer Longfor Properties Co rising sharply in early trade.

US banks thirsty for more capital

Hundreds of US banks are likely to raise capital in the coming months to deal with losses from bad consumer loans, commercial real estate and other assets, and to build war chests to buy failing rivals.

Not planning quota on external borrowing: Govt

The government is not looking at putting a quota on external commercial borrowings (ECBs) by corporates, Finance Secretary Ashok Chawla said on Thursday.

Allianz to invest in renewable China, India projects

Allianz SE plans to invest in renewable projects in India and China as it seeks to expand its overall clean energy portfolio by more than a billion euros (USD 1.5 billion) over the next three years, a company executive said.

Ageing Santa gets $100,000 facelift for Christmas

A Santa in New Zealand with a droopy eye has received a USD 100,000 facelift in the runup to Christmas so that his ageing face does not scare children.