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Tata Steel: Is the worst over?
Tata Steel’s numbers came in well below market expectations. Like most metal-producing companies, Tata Steel, too, was hit by falling demand in Europe, lower realisations and raging costs. Despite this, analysts were not expecting the company to post a loss of Rs 603 crore, compared to a net profit of Rs 360 crore in the second quarter. The company clocked lower profits in India and wrote down

Sensex ends 82 points down on weak industrial production data

After a shaky start and a subsequent choppy ride in positive territory, the market plunged sharply post release of the industrial production data for December, and, despite recovering some lost ground

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BSE Sensex falls 0.5 pct on gloomy industry output

The BSE Sensex closed down 0.46 percent on Friday, reversing early gains, after data showed the country's industrial output in December slowed sharply and Morgan Stanley cut its allocation for

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BSE Sensex rises early, ACC up 2 pct

The BSE Sensex turned positive after opening lower on Friday as investors awaited for direction from December industrial output data, due around 11 a.m. Cement maker ACC rose 2 percent to 1,417.90

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Sensex slips into red after quiet start

Having started trade on a dull note, a benchmark index for Indian equities markets Friday slipped into the red amid profit booking in blue chips like Infosys and ICICI Bank. The 30-scrip

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BSE Sensex rises, Tata Steel up 4.4 %

The BSE Sensex nudged higher on Friday as Tata Steel rebounded from an early slump, and investors bet on rising foreign fund investments to underpin the market. Foreign funds have invested more than

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