Shares in state-run oil companies such as Oil and Natural Gas Corp Indian Oil Corp and Hindustan Petroleum Corp dropped between 2-6 per cent after a decision on raising fuel prices was deferred. Shares in ONGC was down 2 per cent at Rs 1,157.65, Indian Oil fell 6.3 per cent to Rs 332.35, HPCL shed [...]

A large number of mid- and small-cap stocks are on a roll again, surpassing the gains seen in most frontline stocks in the last few weeks. This could be a signal for most investors on Dalal Street to be on their guard market veterans warn. Interestingly, the number of SMSes to mobile phone users are [...]

Benchmarks were flat-to-positive on Tuesday after hitting 52-week highs in previous session. However some buying activity was seen broader markets.
“Markets in the US and Europe posted gains, with the Dow hitting a new 18-month high. Concerns over sovereign default have ebbed with Greece securing EU commitment on financial aid and Dubai getting a fresh bailout.
“FII [...]

Yields have increased 10 basis points since Finance Minister Pranab Mukherjee announced in his Budget that Rs 4.57 lakh crore ($100.3 billion) will be raised from the market. India needs fiscal restraint to resume a faster pace of economic growth, Mr Mukherjee said on March 6.
“Investors probably see some silver lining, since there is no [...]

Benchmarks held on to early morning gains on Monday in line with other global indices. All the sectoral indices were in the green led by auto, realty and pharma stocks.
“A bright Monday morning is in the offing as the bulls seem to be in a mood to trespass 5100 comfortably and not be prosecuted. [...]

Indian markets closed above crucial resistance levels Monday after sentiments turned bullish after Finance Minister Pranab Mukherjee presented the Union Budget for 2010-11 in the parliament. Positive cues from global markets also boosted sentiments.
Indices opened with a gap-up for the first time after the budget was announced Friday. The rally was led by auto, metals [...]

Gold and silver shot up the most in over eight months on the bullion market here today with the Budget 2010-11 announcing a hike in import duty on the metals.
While gold spurted by Rs 300 to Rs 17,010 per ten grams, silver shot up by Rs 750 to Rs 25,800 per kg after Finance Minister [...]

UR Bhat, MD, Dalton Capital Advisors,says that there is negativism in the market about the Budget.
Where do you see the markets headed post the Budget? How vulnerable do you think we are to the announcements made this time around?
Well I think there is quite some negativism in the market about the Budget largely because of [...]

Central bond yields eased on Monday cushioned by the lack of fresh supplies scheduled till end-March 2010, but traders were wary of adding fresh positions ahead of the budget announcement scheduled at month-end. the yield on the benchmark 10-year bond was at 7.66 per cent, below Friday’s closing of 7.68 per cent.
Dealers expect the 10-year [...]

Finance Minister Pranab Mukherjee will meet the Securities & Exchange Board of India board on Friday to discuss, among other things, the disinvestment roadmap and the Budget proposal to raise the threshold for non-promoter public shareholding for all listed companies in a phased manner.
The meeting will take place a day before the minister meets the [...]