Stock Market News Highlights – 25 June 2009

Indian stock market had shown some recovery in yesterday’s closing session. US market was also trading flat in positive biased zone and all EU market were closed in GREEN. Today asian market followed all global markets and opened flat and then moved in GREEN. Indian markets also opened [...]

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Deutsche Securities Mauritius has increased stake in Eicher Motors to 5.17% on 27 April 2009
Infrastructure company Jaiprakash Associates Ltd (JP Assoc) reported huge 83% jump in net profit for the fourth quarter ended March 2009. Jaypee Group to invest Rs 10,000 cr in Financial Year 2009-10
Indian Bank fourth quarter net [...]

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ADAG promoted Reliance Power posted a net profit of Rs245 crore for year 2008-09, compared to Rs85.37 crore in the previous year.
Reliance Natural Resources Ltd today reported a 4.32 per cent increase in consolidated net profit at Rs 71.54 crore for the year ended March 31, 2009
Bajaj Hindusthan has posted [...]

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Yesterday SENSEX opened with 71 point positive point then achieved 108 point high. But then moved in RED and recorded low of 321 point. But Due to DII buying, SENSEX finally ended 81 point negatively.
Indian telecom industry added 19 million subscribers in a march 2009 which is highest number of [...]

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Taj Hotels Group to buy Sea Rock Hotel in Rs. 800 Crore
GHCL promotor Mr. Sanjay has 8% stake instead previous declaration to SEBI of 18.7%. Hostile take over may happen.
Crude Oil came down by 9% in a week, Trading at $48. Crude may touch $45 due to less demand
Rupee closed [...]

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