Tag «ONGC»

TMK Supplies Pipes to ONGC for Construction of Offshore Pipelines

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, shipped pipes for the construction of offshore pipelines for Oil and Natural Gas Corporation Limited (ONGC), India’s state-run oil company. The new delivery is part of the Company’s cooperation with India’s largest oil producer for a number of consecutive …

Eid Mubarak: Nifty ends above 5,550

8th August, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  After being under constant pressure for almost 10 trading sessions, the Indian equity market finally managed to close in the green with healthy gains. The Nifty closed above 5,550 while the Sensex shut shop above 18,700 levels. The market will remain closed …

Terrible Tuesday: Sensex, Nifty suffer collateral damage!

16th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline    Terrible Tuesday! Sensex, Nifty suffer collateral damage   It was a terrible Tuesday with the stock market witnessing serious collateral damage. The benchmark indices crashed in opening trade after the Reserve Bank on Monday announced measures to tighten rupee liquidity. In …

Infy beats street; Nifty closes above 6000

12th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Infy beats street; Nifty closes above 6000 It was another day of stellar gains for the Indian equity market. The benchmark indices continued their upswing on day two on strong set of results by Infosys. The IT bellwether reported an about 4% …

Nifty tips 5900; pares gains on weak global cues

5th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  The Indian equity market managed to build on Thursday’s gains extending its winning streak to the second consecutive day. The Nifty closed above 5,850 while the Sensex shut shop above the 19,400 mark, a gain of 0.5% each. The Nifty briefly touched …

With reforms in the saddle, bulls retake D-Street

1st July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  What a start to the week! After enjoying a fantastic Friday, the Indian equity market continued its winning streak on Monday with the Nifty ending a shade below the 5900 mark. The Sensex managed to close above the 19,500 mark at 19,577, …

Fantastic Friday! Sensex rallies 520 points on reform boost

28th  June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline. The equity market stunned participants on Friday with the Nifty rallying 170 points and Sensex surging over 500 points on the back of government reform initiatives. The government said it would double natural gas prices from the current $4.2 mmBtu (million British …