Allvoices.com - Gap-down opening for equities; Grasim trails

Gap-down opening for equities; Grasim trails

Equities opened with a gap-down Monday in line with global stock indices. Shares of Grasim Industries led declines after the Aditya Birla group’s decision to hive off the cement business of the company into unit Samruddhi Cement in a cashless transaction and later merge it with group firm Ultratech...

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By: safelyinvest

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BSE Sensex Ends Down 1.6%

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MUMBAI -- Concerns about a delay in economic recovery after disappointing U.S. data and a heavy selloff in Bharti Airtel shares pushed Indian stocks lower Monday. The Bombay Stock Exchange's Sensitive Index was down 1.6% to end at 16,866.41. The benchmark index traded between 16,835.80 and 17,062.01 during the session. Friday, U.S. stocks ...

about 1 month ago
Breaking News: Ultratech cement post Q2 Results- 16th Oct 2009, 1:30 p....

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about 1 month ago
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News Stories

Stocks rise as service industry improves

News Source: Daily News | about 1 month ago

The Institute for Supply Management said its service index rose to 50.9 in September from 48.4 in August. Analysts polled by Thomson Reuters had expected a reading of 50, the dividing line between growth and contraction...Financial and energy stocks...
A look at economic developments around the globe

News Source: The Boston Globe | about 1 month ago

The World Bank needs to become more efficient in how it uses its resources and give more say to developing economies, several member states, including major donors the U.S. and Britain, said. U.S. In Asian trading, Japan's benchmark Nikkei 225 stock...
Stocks rise as service industry activity improves

News Source: The Examiner | about 1 month ago

A report that the service sector grew for the first time in more than a year is giving investors a confidence boost. Financial stocks are helping pull the market higher following a banking industry upgrade from Goldman Sachs. The Institute for Supply...
Stocks edge up as service industry activity rises

News Source: Daily Breeze | about 1 month ago

Stocks are struggling to hold their gains after a trade group reported the service industry grew in September but companies' pricing power weakened. The Institute for Supply Management reports Monday that its services index rose to 50.9 in September...
Stocks move modestly higher in early trading

News Source: Boston Herald | about 1 month ago

Stocks are rebounding as the market opens after two consecutive weeks of declines as disappointing economic news has piled up. Investors are awaiting a report on business activity in the services sector for the latest sign any economic recover. Over...
Economic Data Keeps European Markets in Check

News Source: International Herald Tribune | about 1 month ago

All three major exchanges in Europe in London, Paris and Frankfurt were within a few points of where they began the day as afternoon trading progressed. Asian markets were mostly lower, while Wall Street was expected to rise slightly on the...