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26 Oct 2016 | 4:12 AM
Research Report

Equity Research Report: Religare Morning Digest

we expect further decline in nifty with 7850 as immediate support.
26 Sep 2014 | 07:00 AM

Corporate News: 

Mahindra & Mahindra has launched the refreshed version of its Scorpio in Mumbai, with prices starting at Rs. 7.98 lakh (ex-showroom Mumbai).

Alstom Bharat Forge Power Ltd (ABFPL), the joint venture between Alstom and Bharat Forge, has secured a contract worth about €130 million (about Rs. 1,000 crore) from NTPC.

Economy News

The Government deferred an increase in natural gas price for a third time in view of next month’s Assembly elections in Maharashtra and Haryana.

Market Roundup 

Markets fell in choppy trade after the government once again deferred a decision on revising gas prices and as investors accessed the repercussion of Supreme Court’s verdict cancelling most coal block allocations made since 1993 due to irregularities in the allotment. Bank stocks extended Wednesday's losses on concerns of bad loans due to their exposure to coal mines. PSU OMCs and metal stocks led the decline. The BSE Mid-Cap index was off 2.4% and BSE Small-Cap index was off 3.2%; both these indices underperformed the Sensex.

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