News about Reliance Industries
Indian Stock Futures Gain on Fed Stimulus Optimism, Crude
Indian stocks rebounded from their lowest level in four months amid optimism the U.S. Federal Reserve will do more to stimulate the world’s biggest economy, and as tumbling oil prices offset a weakening Indian currency. ITC Ltd. (ITC), the nation’s biggest cigarette company, jumped 3.3 percent. Reliance Industries Ltd. (RIL), owner of the world’s largest [...]
Indian Shares Pare Early Gains
(RTTNews.com) – Indian shares pared some early gains on Thursday, as a further slide in European stocks on fears over Greek banks and a fall in rupee to a new record low against the dollar, reversing initial gains, prompted traders to take some profits off the table. The benchmark 30-share Sensex hit an intra-day high [...]
Indian shares gain; key earnings due on Fri
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Heidelberg, Century Textiles stars of cement biz: Tulsian
Market analyst SP Tulsian of sptulsian.com, explains to CNBC-TV18, during his analysis of the day’s trading, about the increased volatility in Voltas and picks Heidelberg and Century Textiles as the best buys in the cement sector. He says that the market scenario is risky thanks to the increasing disconnect between a company’s results and the [...]
Reliance Industries continues to underperform: Irani
Reliance Industries may continue to underperform, says Mehraboon Irani, Principal and Head – Pvt Client Group Business, Nirmal Bang. Irani told CNBC-TV18, “Reliance Industries, we will remain underweight for some more time to come. I think a lot of clarity on a whole number of issues is needed. I think it is nice to see [...]
Reliance Industries buying back more shares: Traders
Shares in Reliance Industries gain 1.6% as traders say the company is increasing the volumes of its ongoing share buyback programme. The Indian energy conglomerate has bought 14.3 million shares since its buyback opened on February 1, traders estimate. It will close on January 2013. Reliance had purchased 167,768 shares from the market as of [...]
Sensex, Nifty close flat amid Greece concerns, weak rupee
The BSE Sensex and NSE Nifty closed flat on Thursday amid never ending Greece concerns and faltering rupee against dollar. Reliance Industries, State Bank of India, ITC and HDFC helped the market throughout the session whereas fall in L&T, ICICI Bank, ONGC, BHEL and TCS weighed in the second half of trade. The BSE benchmark rose [...]
India Power List: Unsteady Reliance
By Diksha Sahni This month, Mukesh Ambani topped the list of business leaders in India making headlines, according to monthly data compiled by Dow Jones Insight and edited for clarity by The Wall Street Journal. Unfortunately for the chairman of Reliance Industries Ltd., there wasn’t much reason to cheer: In the January-March period, Reliance posted [...]
Markets end flat amidst volatile session
Benchmark share indices ended tad higher on Thursday, amid a volatile trading session, led by index heavyweight Reliance Industries [ Get Quote ] and FMCG major ITC. The 30-share Sensex ended at 16,070 up 40 points and the 50-share Nifty ended at 4,870 up by 12 points. The Sensex and the Nifty reached an intra-day [...]
Reliance Industries buying back more shares: Traders
RIL increased the volume of its ongoing share buyback. It had purchased 167,768 shares as of early afternoon Thursday. Shares of the energy conglomerate gained 1.6 percent on the buyback news. RIL has bought back 14.3 million shares since launching the buyback on February 1, traders estimate. Earlier on May 4, 2012, ET reported that [...]
