Day: May 30, 2012

EQUITY UPDATE – 31 MAY 2012

India Powergrid Corp -Co. plans a INR 20000 cr capital expenditure plans for FY12-13.  The co. would raise funding through debt and equity which would account for almost 75 percent of the total capital raising process. (Economic Times) The Indian… Read More ›

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MARKET SUMMARY – 30 MAY 2012

The markets slipped lower on Wednesday as investors shunned risky assets amid weak global cues and ahead of the key economic events.  Sensex 30 index closed 126.43 points lower at 16312.15 (-0.77%). Sensex touched an intraday high of 16428.74 points and… Read More ›

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EQUITY UPDATE – 30 MAY 2012

ASIA Marubeni Corp – Japanese commodity trading firm Marubeni will acquire U.S based grain merchant Gavilon in a deal valued at USD 3.6 b. (Reuters) INDIA According to Prime Minister Manmohan Singh, the fall in rupee was temporary and dismissed… Read More ›

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