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IT services provider Cognizant Technology Solutions Corp (CTSH.O) reported its slowest quarterly revenue growth in 14 years as its clients in the financial and healthcare services held back on spending. Shares of the company, which also forecast second quarter earnings below estimates, fell about 1 percent in premarket trading. "As anticipated, during the first quarter we saw softness in our healthcare ...

Sensex ends marginally lower

2016-05-06 16:41:17

After opening weak and staying notably lower till an hour past noon, the Indian stock market staged a fairly decent recovery thanks to some strong buying in select blue chips, but still ended on the negative side on Friday. The mood was cautious right through the session with investors tracking weak global cues and looking ahead to the monthly U.S. jobs data.The BSE benchmark Sensex ended down 33.71 ...
Akshaya Tritiya, which falls on May 9, is not expected to see a sharp rise in demand since gold rates have risen to around Rs 30000 per 10 grams, according to one Indian jewellery trade body. They also see the drought plaguing many parts of India as another factor that could dampen rural demand and consequently sales. In fact, the All India Gems and Jewellery Trade Federation (AIGJTF) is expecting ...
Gold edged higher on Friday as a retreat in the dollar helped the metal to snap four days of losses, though moves were muted as traders took to the sidelines ahead of U.S. non-farm payrolls data later in the day.A strong payrolls number could prompt the U.S. Federal Reserve to raise interest rates sooner rather than later, hurting non-yielding gold.The metal has rallied nearly 21 percent this year ...
IT services provider Cognizant Technology Solutions Corp (CTSH.O) reported its slowest quarterly revenue growth in 14 years as its clients in the financial and healthcare services held back on spending. Shares of the company, which also forecast second quarter earnings below estimates, fell about 1 percent in premarket trading. "As anticipated, during the first quarter we saw softness in our healthcare ...

Sensex ends marginally lower

2016-05-06 16:41:17

After opening weak and staying notably lower till an hour past noon, the Indian stock market staged a fairly decent recovery thanks to some strong buying in select blue chips, but still ended on the negative side on Friday. The mood was cautious right through the session with investors tracking weak global cues and looking ahead to the monthly U.S. jobs data.The BSE benchmark Sensex ended down 33.71 ...
IT services provider Cognizant Technology Solutions Corp (CTSH.O) reported its slowest quarterly revenue growth in 14 years as its clients in the financial and healthcare services held back on spending. Shares of the company, which also forecast second quarter earnings below estimates, fell about 1 percent in premarket trading. "As anticipated, during the first quarter we saw softness in our healthcare ...
Beleaguered businessman Subrata Roy's mother Chhabi Roy passed away here early today after a prolonged illness. She was 95 and had been critically ill for over two years. Subrata Roy has been in Tihar Jail for more than two years in relation with a long running dispute with markets regulator Sebi. A Sahara group spokesperson said in a statement that Chhabi Roy has been the "guiding light of Sahara ...

Today's picks

2013-02-19 18:00:00

NIFT Current: 5,898 (futures: 5,906) Target: NA Index remains range-bound between 5,870 and 5,925 with very nominal futures premium. The range today could be 5,850 or 5,950. Stop-loss shorts at 5,925 and stop-loss long positions at 5,975. A long 5,800p (19) and long 6,000c (21) could gain 10-12 if the market swings 50 points in either direction. STATE BANK OF INDIA Current price: Rs 2,263 Target price: ...

Today's picks

2013-02-09 18:00:00

NIFTY Current: 5,939 (futures: 5,964);Target: NAThe downtrend continued. Key support was tested at 5,930. A drop below 5,920 could mean a dip till 5,875. A bounce will hit resistance at 5,975-5,990. Futures premium has increased to 25, which may mean a pullback on short-covering. The bearspread of long 5,900p (48) versus short 5,800p (23) continues to look attractive.TATA STEEL Current price: Rs 390;Target ...
By Tanya Agrawal REUTERS - Wall Street looked set to open lower on Friday after April payrolls data showed the U.S. economy added the fewest jobs in seven months, raising concerns that the weakness in overall economic activity was spilling over to the labor market. Nonfarm payrolls increased by 160,000 jobs last month, far below the 202,000 economists polled by Reuters had forecast on average. ...
* April nonfarm payrolls up by 160,000 vs 202,000 expected * Job additions smallest in 7 months * Square slumps after results miss expectations * Futures down: Dow 35 pts, S&P 5 pts, Nasdaq 10 pts (Adds details, comment, updates shares) By Tanya Agrawal May 6 (Reuters) - Wall Street looked set to open lower on Friday after April payrolls data showed the U.S. economy added the fewest jobs ...
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy added the fewest number of jobs in seven months in April and Americans dropped out of the labor force in droves, signs of weakness that cast doubts on whether the Federal Reserve will raise interest rates before the end of the year. Nonfarm payrolls increased by 160,000 jobs last month as construction employment barely rose and the retail ...
By Karin Strohecker LONDON (Reuters) - Investors pulled out of equities at the fastest rate since last summer's market rout and cut cash exposure, opting instead for less risky fixed income and precious metals assets ahead of U.S. jobs data, Bank of America Merrill Lynch (BAML) said on Friday. Net outflows from equity funds almost tripled from the week before, soaring to $16.9 billion - the largest ...
By Drazen Jorgic ISLAMABAD (Reuters) - Pakistan is wooing foreign car makers like Renault-Nissan with generous import duties, but convincing them to set up factories will be an uphill challenge given fears about the country's long-term political stability and security. Pakistan wants to shake up its Japanese-dominated car market and loosen the grip of Toyota, Honda, and Suzuki, whose locally assembled ...
By Drazen Jorgic ISLAMABAD (Reuters) - Suzuki plans to invest $460 million into Pakistan if the government provides the right incentives and amends its new auto policy, the company said on Friday. Pakistan in March announced a new auto policy that favours potential new entrants over existing manufacturers by offering them lower duties, part of a strategy to attract foreign car makers and loosen ...
  Cities   Price (10g)
  Chennai   Rs. 27580.00 (0.18%)
  Mumbai   Rs. 28700.00 (0%)
  Delhi   Rs. 27700.00 (0.73%)
  Kolkata   Rs. 28270.00 (0%)
  Kerala   Rs. 27050.00 (0.74%)
  Bangalore   Rs. 27350.00 (1.11%)
  Hyderabad   Rs. 27660.00 (1.21%)

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