The Nifty closed at 5904, up 33 points while the Sensex closed at 19388, up 101 points. Hopes of rate cut by Reserve Bank of India in the next meeting and higher international cues also boosted the market sentiment.
Mid cap real estate and mid cap infra take severe beating in the aftermath of the budget speech made by the Finance Minister P Chidambaram. ADAG stocks crack, while FMCG too looks at weak trading. Dharmesh Mehta and Ashwani Gujral discuss trading done today.
On the day the budget is to be presented, the stock market in Mumbai saw a jump, specially on the back of a rosy picture presented in the Economic Survey yesterday. Is the corporate sector expecting good tidings from the Budget? Devika Saraf, the owner of a lu...
West Bengal Chief Minsiter Mamata Banerjee arrives at the fire site in Surya Sen market. The latest death toll has risen to 18. According to the officials the deaths were caused due to suffocation. The fire broke out at 3 AM on the ground floor of the building...
In this episode of Money Watch, watch Bindu Sathyajith, Managing Director of Poly Colours Chemicals, Poly Colours International, Poly Securities, Mural Jyothi, RV Entertainment and India 123 Shop.com, talk about her success story. She began her career working ...
The episode opens with a chat with Bindu Sathyajith, Managing Director of Poly Colours Chemicals, Poly Colours International, Poly Securities, Mural Jyothi, RV Entertainment and India123Shop.com, talk about her success story. She began her career working at th...
Showing no fear of law, a group of men molested a 24-year-old woman in front of her father. The molesters even beat up her father and the people who came to her rescue. The incident that happened in broad daylight at a market in Birbhum, West Bengal, has shock...
It has been 14 hours since the fire struck out at the Bhagirathi Palace in Chandini Chowk and is still not extinguished. As the area contains small shops with large number of supplies, the fire keeps rising in intervals.
A major fire broke out at India's biggest electrical market, the Bhagirath Palace at Chandini Chowk. The fire was caused due to a short circuit and the fire brigade was unable to extinguish the fire even after 12 hours. The fire officials have evacuated the pe...
A major fire broke out in the electrical and electronics market in central Delhi's Chandni Chowk. The blaze erupted at the Bhagirath Palace market, which sells electrical and electronics items and was caused by a short circuit. The fire officials have evacuate...
Farmers in Warangal are facing a unique situation. They have a bumper cotton crop on hand. But the Cotton Corporation of India or CCI has refused to buy more than 5000 bales of cotton. Farmers at the Enumamula market yard allege a nexus between private traders...
Market Hour speaks to IOC's PK Goel on whether there will be further price cuts in petrol. US Treasury Secretary Timothy Gethner who is in India for a two-day visit will meet Finance Minister P Chidambaram and hopes to improve trade relations between the two c...
On Market Hour: Telecom Minister Kapil Sibal supports levying one time spectrum fees but says the Cabinet will take the final decision. Market Hour speaks to Rajan Mathews from COAI, Swati Kulkarni from UTI AMC and Mohit Sarat from Luthra & Luthra for their re...
Investor's Guide takes a look at the National Pension System following the reforms in pension and insurance. Value Research's Dhirendra Kumar says it is the cheapest investment option in this category and comes with tax advantages. He also reviews the ICICI Pr...
DMK leader Kanimozhi defends herself after being inducted into the Parliamentary panel. She also reiterates her party's stand on the new set of reforms being pushed by the Cabinet. Kanimozhi makes it clear the the DMK will not back the Centre on the new FDI po...
After years of being labelled as being in a state of policy paralysis, the government has undertaken a reforms blitz and is attempting making up for lost time. All eyes are now on the market reaction in the insurance and reforms sector. The Left and former all...
Market Hour brings reactions from the insurance sector after the Cabinet clears bills and raises FDI in the insurance sector to 49 percent. The FDI in pension fund is also on par with insurance now. Finance Minister P Chidambaram says these reforms will influe...
One person was killed on Wednesday and at least six others injured in a road accident that took place, when four men were allegedly fleeing after kidnapping an infant in Aligarh, Uttar Pradesh. The six-month-old child of a prominent city-based businessman was ...
The top stories on Market Hour are: Montek Singh Ahluwalia explains how the FDI in insurance will help attract investors; Deepak Parekh stresses the importance of rehauling the regulatory framework and environmental clearances; Subir Gokarn on inflationary imp...
The Finance Minister has introduced the Rajiv Gandhi Equity Scheme that now includes mutual funds and ETFs. This will entitle people to a tax deduction of Rs 25,000. Dhirendra Kumar gives his expert opinion and tells you how to invest your money to get the max...
On Market Hour: Goldman Sachs AMC's Jim O'Neill confirms that the reform action is positive but implementation is key; Quantum Securities' Sanjay Dutt and Jyotivardhan Jaipuria dicuss the policy impact on markets and whether policy paralysis is turning into re...
On Market Hour: Subir Gokarn, Deputy Governor, RBI talks about concerns over inflationary risks; Rakesh Jhunjhunwala of RARE Enterprises on Global Insights with Punita Sinha Kumar about sectors to bet on; Dhiraj Sachdev and Varun Lohchad on where investors sh...
The market is upbeat after the slew of policy action, and the Chairman and CEO of Edelweiss Group talks to Nikunj Dalmia on the reason behind this optimism. He explains what it will take for India to make progress and beat inflation, how long term investors sh...
Market Hour features Rakesh Jhunjhunwala from RARE Enterprises, Sudhir Vasudeva from ONGC and Arup Roy Choudhury from NTPC. Jhunjhunwala speaks to Punita Kumar Sinha about the recent policy initiatives and where to put your money. Vasudeva raises the issue of ...
In this edition of Market Hour: CCEA clears bailout for ailing State Electricity Board and a look at what other measures will help the power sector in the long term; the United Spirits and Diageo deal might be sealed soon; Onmobile's HH Haight in an exclusive ...
Following the flurry of reforms, market watchers expect a turnaround in the equity markets. Forefront Capital's Radhika Gupta and Wealth Circle's Prakash Diwan talk about their top picks across sectors like Metal, Bank and Auto, and the stocks to avoid. More s...
Investor's Guide tells you if it is the right time to buy a home, the do's and don'ts while making the purchase and if you are liable for advance tax. The Reliance Growth Fund is reviewed by Dhirendra Kumar. Other experts give their suggestions to viewers' que...
Following on the heels of the reform action announced by the Government, the Reserve Bank of India has floated the credit policy. Market Hour speaks to SBI's Pratip Chaudhuri and Brinda Jagirdar, FirstRand Bank's K Harihar, and former Governor of RBI Bimal Jal...
The Government's reforms include upto 51 percent FDI in multi-brand retail, upto 100 percent FDI in single brand retail, FDI cap of 74 percent on broadcasting services and stake sale in five PSUs. Also, foreign airlines can buy upto 49 percent of Indian carrie...
Punita Kumar Sinha speaks to Frontier Market Asset Management's Lawrence Speidell and HSBC Frontier Market Funds' Andrew Brudenell to understand what frontier markets are, what differentiates them from the smaller emerging markets and why they prefer investing...
Market Hour speaks to Axis AMC's Chandresh Nigam and UBS Securities' Gautam Chhaocharia on equities and how to allocate funds, IOC's PL Goyal on the extent of losses in oil marketing companies and Standard Charterd's Thomas Costerg on the ECB. The show also co...
For an airline that is broke, Air India shows no signs of austerity or belt-tightening. The airline, which has not made a profit in years, continues to rob taxpayers of crores of rupees. The Comptroller and Auditor General's latest report on Air India points t...
In this edition of the Market Hour: Sanjeev Prasad from Kotak Instl Equities on where to put your money; Vineet Nayyar from Tech Mahindra on buying Hutch's BPO; Anil Ambani on the Sasan project; the coal scam and its impact on power tariff; the impending petro...
In this edition of Global Insights, Punita Kumar Sinha explores the BRIC nations that are said to be the fastest growing economies. At present, BRIC accounts for 40 percent of the global population and around a quarter of the world's GDP. A Goldman Sachs repo...
Japanese ad agency Dentsu acquires a 51 percent stake in the independent creative agency Taproot India. Rohit Ohri, Dentsu India's Chairman, says it will not change the name of the company, but will support it with its national network, digital and activation ...
Nikhil Gandhi, Chairman, Pipavav DOC, elaborates on their collaboration with SAAB, which is investing Swedish Kroner 250 million and will bring in its expertise into the military equipment. Pipavav has signed a MoU with SAAB and Gandhi hopes it will help Pipa...
Rajesh Mohta, CFO, Speciality Restaurants, discusses the company's performance in Q1. The company is taking several measures to draw in customers. It includes the food festival at Oh! Calcutta and the introduction of a new menu at Mainland China, which is one ...
Coal India's CMD S Narsing Rao confirms that the company does not intend to buyback shares. It is planning to amend the Article of Association for buyback. Coal India is not named in the CAG report as a beneficiary. Rao says they have no plans for coal price ...
The rupee declined by half a percent on Friday and opened on a weak note today, down by five paisa. The pressure is building on the rupee with the fiscal balance numbers and GDP due later this week.
With the current volatile political atmosphere, protecting assets is important and Investor's Guide gives a few possible insurances like the shopkeeper's insurance to protect your property in case of any eventuality. In the product review segment, Dhirendra K...
BNP Paribas' Erwin Sanft, Chief Strategist, Pan-Asia Equities shares his views on how the global markets are faring. The markets are getting a leg up by policy makers who want to avoid recession and deflation. The growth in both emerging markets and developin...
Aditya Puri, MD, HDFC Bank speaks about the Indian economy. He says the concerns on India are correct but it is also being overdone, and cannot be considered as a crisis. The HDFC portfolio is healthy and the banks have sufficient profits to handle the NPAs.
The US is struggling to recover from the financial crisis that descended on it four years ago. Its housing market collapsed, unemployment is rampant and consumer spending that contributes to 70 percent of the country's GDP has weakened. Punita Kumar Sinha talk...
Ashit Kampani of CosmicMandala 15 Securities has floated a new venture -- an automated trading platform to increase efficiency. He comments on the impact of interest rates and inflation rates. He says easing interest rates is key. Sectors he is keen on include...
Radhika Gupta, Director, Forefront Capital and Ambareesh Baliga, Market Analyst, suggest stocks to buy, sell and hold across various sectors: FMCG, Pharma, PSU, Telecom, Retail and OMC.
Radhika Gupta, Director, Forefront Capital and Ambareesh Baliga, Market Analyst respond to the question on investors' minds: is there a growth story in India? Baliga says reforms for economic growth, a decision on GAAR and a hike in diesel prices may improve t...
In this edition of All About Stocks, the focus is on investing in India for long-term retail investors: important sectors to invest in and which stocks to invest in. The show also brings you the latest in the markets this week.
The CAG report states that scam in allotment of coal blocks between 2005 and 2009 is worth over Rs 1.86 crores. And this is bigger than the 2G spectrum scam. And the man who was in charge of coal ministry then was the Prime Minister himself. The CAG report tab...
CEO of Reliance Power, JP Chalasani explains that the company 1200 MW Rosa plant in Uttar Pradesh had about 78 per cent PLF in the first quarter and about 81 per cent availability. Although 78 per cent PLF is substantially high under the current circumstances,...
On Market View, Jim Walker, Founder & MD, Asianomics gives his views on the Indian market. The expected GDP growth was 4-6 percent but it may not meet its fiscal target for FY13. He says foreign investors looking at the market in India are concerned. On the b...
Indranil Sengupta, Chief Economist, BofA-Merrill Lynch, speaks about his expectations of the July inflation, which is at 7.1 percent. He says the drought will push up the food prices, which are expected to drive primary article index in July. He also expects t...
Manishi Raychaudhri, MD & HoR, BNP Paribas Securities says the rally in EMs is purely driven by liquidity. He speaks about energy and metals stocks and if they are making a comeback. He is keen on Steel Authority of India and General Steel & Power, while he do...
Raamdeo Agrawal, Director and Co-founder, MOFSL gives his view on the current market scenario. Agrawal feels a highly competitive market could affect Bharti Airtel and the company needs to hold tight to its position as one of the top players in the business. H...
Siddharth Lal, MD, Eicher Motors talks about the company's earning highlights from Q1, their products from various segments, new launches, Royal Enfield's robust performance and the joint venture with Polaris. Also in this segment, Siddharth Kapoor, CFO Airpo...
Hiren Ved, Director & CIO, Alchemy Capital, gives his views on what helped India survive the economic slowdown, if Sensex at 17000 is justified, on RIL and Wockhardt, whether the forecast is bleak for earnings in Q2, companies that have made a turnaround, top ...
Hot Commodities speaks to Gangadhar Darbar, ED, Nomura India and Vijay Bhambwani, Author & CEO, BSPLindia.com in the Currency Watch segment as the Rupee and USD gains, while Euro remains under pressure.
The Agro Watch segment paints a grim picture as the UN warns of a food crisis. Unproductive weather conditions around the world has seen a sharp rise in wheat and corn prices in the international market. Ajay Goyal, MD, Shivaji Flour Mills states his view on ...
Mahesh Babu is south India's number one star when it comes endorsements. Among corporates and advertising agencies, he has emerged as a nationally acceptable celebrity endorser. He has ten brands under his belt and charges reportedly Rs two crore per advertise...
In this segment of Meet Your Fund Manager, watch Tanvir Gill talk to Vetri Subramaniam, Chief Investment Officer, Religare MF. Subramiam, whose passion lies in analysing market trends and running marathons, expresses his views on the market, whether rates are ...
Market Makers' Nikunj Dalmia interviews LIC's new chairman DK Mehrotra on his new role, reasons for the shrinking insurance sector in India, LIC's vision for the next few years and more.
The Techlife Lifestyle & Gadget Awards 2012 co-hosted by Mandira Bedi and Abhimanyu Radhakrishnan recognises the best gadgets Indian consumers have experienced in the past year across several categories. On the jury are Hitesh Raj Bhagat -- Editor of ET's Per...
Traders 20 takes you through the performance at the stock market, the gainers and losers today. Its experts share their trading strategies and suggest stocks to buy and sell. The show includes Ask Ashwani, in which Ashwani Gujral answers queries from viewers a...
Shaili Chopra catches up with the VP of Brown Forman Spirit in this episode of Tee Time. Singh talks about the challenges and the high that comes from handling a luxury brand in India, the imported spirits business, brand positioning, high duties on luxury goo...
In this edition of Meet your fund manager, meet KN Sivasubramanian, the CIO of Franklin Equity India. He talks about how India is the down cycle and will soon revive. Though the sharp depreciation of the rupee is a concern, the adjustment was overdue, says Siv...
Prabhat Awasthi, MD and Head of equity research, Namura India, speaks on how falling commodity prices helped the company. He also debates on whether global risk aversion will hold up.
Senior BJP leader Yashwant Sinha raps the financial reforms being proposed by interim Finance Minister-cum-Prime Minister Manmohan Singh. Finance Minister Yashwant Sinha goes to the extent of calling the Prime Minister a 'consultant', which the government uses...
Against the backdrop of the Vodafone tax issue and raging market sentiments, Prime Minister Manmohan Singh says that there will be no arbitrariness in tax matters. Attempting to get a point across to foreign investors, the Prime Minister emphasized that India'...
Billionaire investor Rakesh Jhunjhunwala explains the depressing market behaviour and sets positive targets for the future. Claiming to be bullish in the short-term, he emphasizes the necessity for an interest rate cut even as consumption has dipped. Jhunjhunw...
Thousands of tonnes of foodgrains have gone missing from the government-owned Food Corporation of India's godown. While officials claim missing foodgrains have been consumed by rats, an FIR has been registered against the Manager of the depot and 11 other empl...
Markets @Lunch on ET Now brings you a daily, detailed update of the key events impacting stock markets. It also has stock picks, F&O calls, mutual fund tips and commodity markets analysis.
The channel travels into the heart of the drugs country India, which is the biggest supplier of opium and follows the drug trail from Mansaur to Mumbai.