RupeesMatter India | A blog on finance, investments, loans, personal loan, home loan, stock market and mutual funds in India

Carmakers in India have cut prices and are offering freebies to woo back buyers as sales slide

Indian ADRs: Tata Motors, ICICI Bank, HDFC Bank, Wipro, Satyam, Infosys, Dr Reddys and Patni gained, while MTNL slipped.

Counsel for Tata Motors Ltd (TML) resumed arguments on Friday on why the provisions of the Right to Information Act 2005 cannot be accepted. The company has filed a writ petition in Calcutta High Court challenging the Vires of the Act. Tata Motors

Tata Mutual Fund has launched Tata Fixed Horizon Fund Series 20B, a close ended income scheme aims to generate income and / or capital appreciation by investing in wide range of debt and money market instruments.

Indian GDRs: Gail gained 11.90% at USD 23.50, LT was up 9.30% at USD 15.16, RIL rose 8.58% at USD 46.34, SBI advanced 8.33% at USD 46.80, Tata Motors rose 5.61% at USD 4.33, Mahindra gained 4.44% at USD 4.70, while Satyam fell 6.96% at USD 11.76 and Infosys plunged 5.45% at USD 22.89.

Indian ADRs: Satyam, Wipro, Infosys, Patni, MTNL and HDFC Bank plunged, while Tata Motors, Sterlite, Dr Reddys and Tata Comm was up.

Tata Steel top gainer in Sensex, up 6%

Stock prices of companies such as NDTV, TV Today, UTV Software, Wire and Wireless, Dish TV, Zee Enterprises and Tata Communications zoomed on Thursday, up by more than 10 per cent.

Stock prices of companies such as NDTV, TV Today, UTV Software, Wire and Wireless, Dish TV, Zee Enterprises and Tata Communications zoomed on Thursday, up by more than 10 per cent.

Biggest Sensex gainers were Jaiprakash Associates, DLF, Tata Motors, RIL and BHEL.
Gainers: BSE (A, B), NSE | Losers: BSE (A, B), NSE | 52 Week: High, Low