IRON ORE PRICING
Odisha likely to auction Sukinda chromite and Guali iron ore mine
Odisha had kicked off the auctions of working mines by first putting two non-captive chromite blocks under the hammer – the Kamarda deposit being mined by BC Mohanty and the Saruabil mine by Misrilall Mines. Both were bagged by a Tata Steel subsidiary at steep bids of 96.8 percent and 88.5 per cent and respectively.
Market Movers: Damani boost to Spencer's, RJ cuts stake in Escorts; airline stocks slip
The broader market performed better, as smallcaps end...
Gold gains Rs 54 on weaker rupee, global cues
The yellow metal had closed at Rs 40,753 per 10 gram on Monday.
FPIs cut stake in Infy, raise in TechM, TCS
Foreign fund managers have cut their stake in Infosys at a time when two whistleblower complaints hit the software major. In comparison, during the same period, these fund managers increased their stakes in Tech Mahindra and TCS, while in Wipro and HCL Tech their stakes were almost unchanged.
Not averse to allowing JSPL to transport iron-ore from Sarda Mines, says Supreme Court; reserves verdict
A bench of Chief Justice S A Bobde and Justices B R Gavai and Surya Kant said it would pass a detailed order in the case filed by the Odisha government against the high court order which had allowed transportation of iron ore. The bench said it was not averse to allowing transporting of iron-ore but all the necessary dues and royalty payable be paid.
Hyundai launches sedan Aura, prices start at Rs 5.79 lakh
Aura will compete with the likes of Maruti's DZire. The compact sedan segment currently contributes as much as 74% to sedan sales in the country. Hyundai aims at strengthening its presence in the category with the launch of the new car. The company already has the Hyundai Verna in the midsize sedan segment and Elantra at the upper end of the spectrum.
NMDC executes and registers 4 of its iron ore mining leases in Chhattisgarh
The mining lease areas for deposit-5, 10, 14 and 14 NMZ are 540.05 Ha, 309.34 Ha, 322.36 Ha and 506.74 Ha respectively.
Hyderabad only Indian city in global top 20 in home price appreciation: Report
Shortfall in launches has diverted homebuyers in Hyderabad towards the ready unsold units giving developers a bargaining edge and this has resulted in residential prices growth.
Buy Kansai Nerolac Paints, price target Rs 556: Dharmesh Shah
The analyst suggested a stoploss at Rs 505.
Buy Persistent Systems, price target Rs 744: Dharmesh Shah
The analyst suggested a stoploss at Rs 678.
Buy PVR, price target Rs 2,020: Dharmesh Shah
The analyst suggested a stoploss at Rs 1865 .
Buy Bharti Airtel, price target Rs 570: Dharmesh Shah
The analyst suggested a stoploss at Rs 489.
Sell Ujjivan Financial Services, price target Rs 310: Chandan Taparia
The analyst suggested a stoploss at Rs 340 .
Sell Indiabulls Housing Finance, price target Rs 282: CK Narayan
The analyst suggested a stoploss at Rs 299 .
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