Stock Market News
  Infosys results disappointed - 12 Oct 2012  
Market was waiting for Infosys result since a long time with this hope that this time they will put good numbers but again infosys disappointed. Infosys posted Net profit of Rs. 2,369 crore in Jul-Sep quarter up 24% year-on-year (3.5% quarter-on-quarter), while quarterly revenue rose 21% from a year ago (2.5% sequentially). So we can say again infosys disappointed its investor and stock once made low 2311 in early trade and then closed at 2390 ( down by 5.65%). Once in middle session infosys picked some rally and moved to 2447 but could not hold the rally and down again to once 2363 but later it controlled and closed at 2390 finally.
  ICICI Cuts Home Loan Rates - 11 Oct 2012  
  ICICI Bank cuts its Home Loan Rates by 100 bps points.  
  Indusind Bank Result announced - 10 oct 2012  
IndusInd Bank ( Private Bank ) announced today. Company Net profit grew by 30 percent year on year to Rs 250.25 crore in the quarter ended September 2012, while expectations was Rs 241 crore. Net interest income rose by 23.4 percent to Rs 517.37 crore during the same period. Net interest margin increased 3 basis points to 3.25 percent versus 3.22 percent. Net non performing asset (NPA) rose to 0.29% in the July-September quarter of 2012 as against 0.27% in the earlier quarter. Gross NPA increased 6 basis points quarter-on-quarter to 1.03%.
  Lupin Board Meeting on 23 Oct 2012 - 09 Oct 2012  
  Lupin Ltd has Board Meeting held on October 23, 2012, to consider and take on record unaudited financial results for the quarter ended September 30, 2012 (Q2).
  JSW Steel Board Meeting on 28th oct 2012 - 09 Oct 2012  
  JSW Steel Board meeting on 28th oct 2012 for Un-audited Standalone & Consolidated Financial results of the Company for the quarter & half year ended September 30, 2012 (Q2).  
  Europe Market down by more than 1% - 08 oct 2012  
  07:00 pm - Europe market down by more than 1% . DAX down 98 points FTSE 100 down 37 points and CAC down 40 points.  
  Petrol prices cut by 56 paisa - 08 oct 2012  
  Indian oil corporation today cut the petrol prices by 56 paisa as rupee going stronger than US dollar. And Crude oil prices also down in international market.  
  Uniform Guidelines for all Foreign Investors  
  SEBi decided to make uniform rules for all foreign investors (FIIs, NRIs, FVCIs, QFIs) on its Board meeting held in mumbai on saturday.  
  Nifty at lower circuit - 05 oct 2012  
Today around 9:50 am, Emkay Global Financial services placed order worth Rs. 650 cr and cause of that once Nifty was below 5000 mark. Due to this selling pressure some of the stock dow by 20% to 30% like Grasim low 2844 ( Market price 3400) , Tata Motor low 219.45 ( Market price was 280), Reliance Industries low 682.35 ( Market price was 858 ) , ICICI Bank low 886, NTPC low 137 , Maruti 1261, M&M low 701, Lupin low 496.40, Kotak Mahindra Bank low 546.90, JSPL low 333, IDFC low 134, HDFC Bank low 505.05, HDFC low 631.25, HCL Tech low 534.30, Coal India low 289.40, Cipla low 320.30, BHEL low 225.00, Bharti Airtel low 215.80. It was a relief for trader cause at that time Stock future prices not down as stocks made low , otherwise it will be very difficult for market to overcome with this situation.
  Sensex closed above 19000 level and Nifty touched 5800 level - 04 oct 2012  
  Sensex touched today 19000 mark after 14th months and was able to close 19058.15 ( +188.46). Nifty also crossed once 5800 mark but closing was 5787.60 ( +56.35)  
  49% FDI in insurance - 04th oct 2012  
  Cabinet increased FDI in insurance. Now FDI in insurance is 49% previous it was 26%. Cabinet also approved FDI in pension also.  
  HCL Technologies (HCLTech)  
  HCL Technologies Ltd may announce Final Dividend (2011-2012) ,  
  Thermax Ltd.  
  Thermax will announce its quarterly result (Q2) on 30th Oct 2012 in their board. meeting  
  Auto Companies Sales figure out ...  
  In top car companies only Maruti Suzuki ( 13% rise) and Mahindra and Mahindra (22% rise) sales increased in september month. While Tata Motor (18% down) , Hyundai (14% down) sales decreased.  
  Engineers India Ltd  
  (a) 1. Shri P. K. Rastogi, Director (HR) ceased to be the Director of the Company w.e.f. October 01, 2012 on attaining the age of superannuation on September 30, 2012.(b) Ms. Veena Swarup, General Manager, Oil & Natural Gas Corporation Ltd (ONGC) has been appointed as Director (HR), Engineers India Ltd  







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