News
Sensex settles on the cusp of 13,700
The market, which had softened from a peak, regained strength in the fag hours, the Sensex crossing 13,700 as buying resumed after the settlement of November 2006 derivative contracts. The November contracts expired today. As per reports, NSE F&O Open Interest had shot up by Rs 1,008 crore, to Rs 60,719 crore.
The 30-shares BSE Sensex finished with a gain of 79.58 points (0.58%), at 13,696.31. It was off the higher level after hitting 13,745.16, the day's high, within minutes of commencement of trade. Its low for the day was 13,630.58.
The S&P CNX Nifty rose 26.30 points (0.67%), to 3,954.50.
The market-breadth was negative, with 1,341 shares declining on BSE, compared to 1,217 that advanced. As many as 58 shares were unchanged.The BSE clocked a turnover of Rs 3,954 crore. Among the 30-Sensex pack, 18 advanced while the rest declined.
BHEL to expand annual capacity to 10,000 MW
Engineering gaint BHEL is currently expanding its annual capacity from 6000 mw per annum to 10,000 mw per annum. The expansion will be completed by 2007.
As per the overall share of BHEL out of the 65% in power sector, BHEL is likely to get orders of 39,000 mw during 11th five year plan period, i.e., around 7,800 mw per annum.
The capacity addition programme which is under finalisation for 11th five year plan envisages capacity addition of around 60,000 mw in five year period. Out of the envisaged 60,000 mw of power generation capacity addition, about 12,000 mw has been so far ordered on BHEL and about 14,000 mw on other suppliers.
The company has recently bagged its third successive order for a captive power plant (CPP) from Hindustan Zinc. Under the plans envisaged, the company`s plant shall cater to the captive power requirements of HZL’s unit at Jawar Mines at Udaipur in Rajasthan.
The market, which had softened from a peak, regained strength in the fag hours, the Sensex crossing 13,700 as buying resumed after the settlement of November 2006 derivative contracts. The November contracts expired today. As per reports, NSE F&O Open Interest had shot up by Rs 1,008 crore, to Rs 60,719 crore.
The 30-shares BSE Sensex finished with a gain of 79.58 points (0.58%), at 13,696.31. It was off the higher level after hitting 13,745.16, the day's high, within minutes of commencement of trade. Its low for the day was 13,630.58.
The S&P CNX Nifty rose 26.30 points (0.67%), to 3,954.50.
The market-breadth was negative, with 1,341 shares declining on BSE, compared to 1,217 that advanced. As many as 58 shares were unchanged.The BSE clocked a turnover of Rs 3,954 crore. Among the 30-Sensex pack, 18 advanced while the rest declined.
BHEL to expand annual capacity to 10,000 MW
Engineering gaint BHEL is currently expanding its annual capacity from 6000 mw per annum to 10,000 mw per annum. The expansion will be completed by 2007.
As per the overall share of BHEL out of the 65% in power sector, BHEL is likely to get orders of 39,000 mw during 11th five year plan period, i.e., around 7,800 mw per annum.
The capacity addition programme which is under finalisation for 11th five year plan envisages capacity addition of around 60,000 mw in five year period. Out of the envisaged 60,000 mw of power generation capacity addition, about 12,000 mw has been so far ordered on BHEL and about 14,000 mw on other suppliers.
The company has recently bagged its third successive order for a captive power plant (CPP) from Hindustan Zinc. Under the plans envisaged, the company`s plant shall cater to the captive power requirements of HZL’s unit at Jawar Mines at Udaipur in Rajasthan.
posted by SY at 4:05 PM
0 Comments:
Post a Comment
<< Home