Shares hold steady as investors wait for rains, reforms

Dipen Shah of Stayvan.com recommends buying MCX silver on dips around Rs 44,200 per kilogram. "Maintain a stop loss for this trade at Rs 43,900 per kilogram for a target of Rs 45,200 per kilogram", Shah adds. Sreekanth Jha of PJ Commodity Ventures ...

Views on Wipro results from Dipen Shah, Head of Private Client Group Research, Kotak Securities: Wipros results were below estimates. The fall in average realisations was higher than estimates. The management has made several changes to the structu ...

By Dipen Shah MUMBAI: The market ended the day on a subdued note, but for the week benchmark indices registered gains of about 1.5 per cent. We have seen this week that central banks have continued with their monetary easing stance. The US Fed has ...

Wipro, India's third largest software services firm, said on Friday its quarterly profits from IT services rose 13% year-on-year basis to Rs 15.76 billion. Revenues from IT business for the quarter ended Mar. 31, 2013 also went up by 13% to Rs 96.14 ...

HCL Technologies, the global IT services provider, posted better than expected results for the quarter ended Mar. 31, 2013. The company reported a net profit of Rs 10.40 billion; up 72.6% and revenue of Rs 64.25 billion; up 23.2% for the third ...

With the earnings season drawing to an end, the focus of the markets would shift to Monsoons, RBI monetary policy meet and Fed Reserve meeting in June. Further progress on land acquisition bill, reforms aimed at addressing bottlenecks in infrastructure and ...

He further added, "If you notice IT has been a sector that has created lot of wealth over the last couple of decades in this country. It has attracted the best talent, it's a sector where we can beat the rest of the world and we have shown that ...

While sales at 115 firms rose 10.8%, the slowest in 10 quarters, profits up 13.9%, the second slowest in same period Ami Shah | Ashwin Ramarathinam Companies that are still to announce quarterly earnings are likely to report a similar weak trend, ...

With mixed signals on the economic front, stock market is likely to see volatility this week as investors track Reserve Bank's policy as well as US government's monetary easing steps, feel experts. Besides, foreign investors are expected to closely watch ...