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7 January, 2019 11:18 AM SAIL, RINL spent over Rs 1,000 crore on R&D in last 3 financial year: Steel Minister

Steel PSUs Steel Authority of India Ltd and Rashtriya Ispat Nigam Ltd have spent a total of Rs 1,017.25 crore on research and development (R&D) activity in last three financial years, Parliament was informed on January 7. R&D is an ongoing activity and steel companies in both private and public sectors are conducting research in iron and steel sector 172

2 January, 2019 8:35 AM Metal stocks lose shine as China’s factory activity shrinks first time in 19 months

The Indian stock market has slipped further in the afternoon session on January 2 with the Nifty50 down close to 150 points and the Sensex down about 450 points. Nifty Metal and auto index were the underperforming sectors, down close to 3 percent dragged by Hindalco Industries, JSPL, JSW Steel, Tata Steel, NALCO and Vedanta. Nifty Metal was down almost 165

31 December, 2018 4:49 AM D-Street Buzz: Metals shine led by SAIL, Tata Steel; Titan jumps 4%, RIL most active

The breadth of the market favoured the advances with 1129 stocks advancing and 643 declining while 114 remained unchanged. On the BSE, 1152 stocks advanced, 480 declined and 97 remained unchanged. The Indian benchmark indices has been trading on a positive note in this Monday morning session with the Nifty50 adding 29 points, trading at 10,889 while 135

29 December, 2018 5:06 PM PBL 4: Ivanov-Shetty, Kjaersfeldt guide Pune 7 Aces to first win

The Pune charge was led by Russia's Vladimir Ivanov and Denmark's Line Kjaersfeldt -- each of whom brought home a couple of wins to help the Season 4 debutants get their first ever victory. Pune 7 Aces started their home leg with a 4-3 win over two-time runners-up Mumbai Rockets in a riveting tie that went down to the wire at the Premier Badminton League 128

24 December, 2018 10:56 AM SAIL supplies 35,400 tonnes steel for Bogibeel Bridge construction

The country's largest steel maker SAIL on Monday said it has supplied 35,400 tonne of steel for the construction of Bogibeel, Asia's second-longest rail-cum-road bridge that will be opened to traffic by Prime Minister Narendra Modi on Tuesday. "Steel Authority of India Ltd (SAIL) has supplied around 35,400 metric tonnes of steel for the construction 97

24 December, 2018 8:56 AM D-Street Buzz: 60 stock hits 52-week low; BEML, Yes Bank, Infosys most active

Benchmark indices are remain volatile on Monday with Nifty is trading below 10,750 level, while Sensex is trading lower by 30 points. Among the sectors, IT index is trading higher by 1 percent led by Wipro, Tech Mahindra, TCS, Infosys and Oracle Fin Serv. In the Nifty PSU bank index, Bank of India, Oriental Bank of Commerce, Union Bank of India, PNB, SBI, Canara 87

21 December, 2018 11:55 AM Backdrop for next 3 months is quite positive for the Indian markets: Andrew Holland

FMCG, private banks are going to be the big stories, said Holland. Andrew Holland, CEO of Avendus Capital Alternate Strategies, spoke to CNBC-TV18 shared his outlook for India markets as we sail into 2019. "The expectations going into the year is that in 2019, the government will start consumption spending particularly in the rural area,"Â Holland said on December 78

17 December, 2018 7:14 AM D-Street Buzz: Nifty Energy gains led by Power Grid; Tata Motors jumps 5%, HUL hits new 52-week high

The breadth of the market favoured the advances with 989 stocks advancing and 693 declining while 393 remained unchanged. On the BSE, 1290 stocks advanced, 1037 declined and 148 remained unchanged. The Indian stock market has extended the morning gains in the Monday afternoon session with the Nifty50 up 57 points, trading at 10,862 while the Sensex 128

5 December, 2018 7:11 AM D-Street Buzz: Nifty Metal down 2% with JSPL at new 52-week low; Tech Mahindra gains 2%, midcaps drag

78 stocks have hit new 52-week low including names like ABG Shipyard, JSPL, Dish TV, Deepak Fertilizers, IL&FS Transportation, Punj Lloyd, Sun Pharma Advanced and UFO Moviez among others. Ahead of the RBI policy outcome, the Indian stock market continues to trade in the red with the Nifty50 is down 64 points, trading at 10,805 while the Sensex 138

27 November, 2018 6:39 AM JSPL, JSW Steel slip 5% after Morgan Stanley downgrades, cuts price target for metal stocks

Morgan Stanley has maintained overweight call on Hindalco, equalweight on Vedanta and underweight on SAIL. The global investment firm slashed price targets for not only these two stocks, but also other metal stocks. Hence, SAIL, Vedanta and Nalco were down 1-3 percent. Morgan Stanley said domestic steel profitability is at a decadal peak now and valuations 141