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Essential services like banking and public transport may be impacted tomorrow with ten central trade unions going ahead with their one-day nationwide strike, even as the government appealed to them for calling off the agitation, which BJP-backed BMS and NFITU decided to boycott. While these ten unions claim to have a combined membership of 15 crore workers in public and private sector, including banks ...
A sharp sell-off in the stock market wiped out over Rs 2 lakh crore from investors' wealth today as the benchmark Sensex plummeted 587 points following weak domestic and global macroeconomic data.Total investor wealth of BSE-listed companies tumbled by Rs 2,02,654.47 crore to Rs 96,25,276 crore.The 30-share index plunged 586.65 points or 2.23 per cent to settle at 25,696.44. Intra-day, the blue-chip ...
Gold rose on Tuesday as the dollar and global equities dropped on fresh signs of economic weakness in China and uncertainty over the timing of the Federal Reserve's first interest rate increase in nearly a decade.Activity in China's factory sector shrank at its fastest rate in at least three years in August as domestic and export orders tumbled, increasing investor concern that the world's second-largest ...
The woes of the troubled Atlas Jewellers are fast multiplying. News that its founder and his daughter are believed to be in jail has sent its stock tumbling. Atlas Jewellery India, which closed with a loss of 10% at Rs 30.25 on Tuesday, has already lost over 85% of its market value. The week has so far seen the stock lose 20% value, after news that the company had allegedly defaulted on loans totaling ...
By Tanya Agrawal REUTERS - Wall Street slumped on Tuesday, pushing all three major indexes into negative territory for the year, after weak factory data from China heightened fears of a slowdown in the world's second-largest economy and its effect on global growth. Energy stocks led the fall, with the S&P energy index declining 3.6 percent. The weak China data pushed down oil prices more than 4 ...
By Caroline Valetkevitch NEW YORK (Reuters) - World stocks and commodity prices dropped on Tuesday as poor Chinese data intensified fears about China's economic health and its effect on other economies. The S&P 500 fell more than 2 percent as surveys showed China's manufacturing sector shrinking at its fastest pace in three years and its services sector also cooling. Oil prices initially fell ...
The woes of the troubled Atlas Jewellers are fast multiplying. News that its founder and his daughter are believed to be in jail has sent its stock tumbling. Atlas Jewellery India, which closed with a loss of 10% at Rs 30.25 on Tuesday, has already lost over 85% of its market value. The week has so far seen the stock lose 20% value, after news that the company had allegedly defaulted on loans totaling ...
New Delhi: With global crude oil in free fall, Indian Oil Corp on Monday cut the prices of petrol by Rs.2 a litre and of diesel by 50 paise, both prices inclusive of levies in Delhi, with corresponding decrease in other states, effective from midnight.Petrol and diesel, prices of which were last reduced on August 15, will from Tuesday cost Rs.61.20 a litre and Rs.44.45 respectively in Delhi, IOC s ...

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 slumped on Tuesday, pushing all three major indexes into negative territory for the year, after weak factory data from China heightened fears of a slowdown in the world's second-largest economy and its effect on global growth. Energy stocks led the fall, with the S&P energy index declining 3.6 percent. The weak China data pushed down oil prices more than 4 ...
By Caroline Valetkevitch NEW YORK (Reuters) - World stocks and commodity prices dropped on Tuesday as poor Chinese data intensified fears about China's economic health and its effect on other economies. The S&P 500 fell more than 2 percent as surveys showed China's manufacturing sector shrinking at its fastest pace in three years and its services sector also cooling. Oil prices initially fell ...
By Jonathan Cable LONDON (Reuters) - China's giant manufacturing industry contracted and euro zone and U.S. growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year. Stocks on major markets tumbled along with commodity prices following the data, with markets still trying to gauge the likelihood of a September interest ...
Japan's Suzuki Motor Corp said on Sunday it will buy back the 19.9 percent stake it sold to Volkswagen AG after an international arbitration court settled a dispute between the automakers over their failed partnership. Suzuki filed for international arbitration in November 2011, after Volkswagen refused to sell back the shares in Suzuki it acquired in January 2010 for 1.7 billion euros ($1.90 billion). ...
By Nadia Saleem and Bozorgmehr Sharafedin DUBAI (Reuters) - The joy of riding big Japanese and American motorbikes was just one of the pleasures taken away from Iranians after the country's Islamic revolution. But three decades on, to the delight of enthusiasts, there are signs of restrictions being eased. This month a dozen bikers on pre-revolutionary and newer models were allowed a strictly ...
  Cities   Price (10g)
  Chennai   Rs. 24470.00 (1.37%)
  Mumbai   Rs. 24900.00 (0.97%)
  Delhi   Rs. 24200.00 (1.26%)
  Kolkata   Rs. 24160.00 (0%)
  Kerala   Rs. 24000.00 (0.63%)
  Bangalore   Rs. 23800.00 (0%)
  Hyderabad   Rs. 24140.00 (1.17%)

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