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After six successive days of gains, the Indian market may well see some profit taking in the coming week. However, if economic data due next week turns out to be encouraging, then some good upside for the key indices is not ruled out.Besides macroeconomic data, the rupee's movements against the U.S. dollar, the mood of foreign institutional investors and the performance of global stock markets will ...
London: Union Finance Minister Arun Jaitley on Saturday said that India aspires to be a more open economy and stay away from protectionism. "An aspirational India poised to be more open and less protectionist," Jaitley said in his lecture on 'Transforming India: Vision for the Next Decade' at the London School of Economics, adding that country's "emphasis is on infrastructure and rural sectors." The ...
LONDON  - Gold hit its highest in about 3-1/2 months on Friday as the dollar headed for its first week of decline in three after the new U.S. finance chief poured cold water on the "Trumpflation trade" that had boosted the greenback this year. Treasury Secretary Steven Mnuchin said on Thursday that any steps U.S. President Donald Trump's administration takes on policy would probably have ...
Gold prices held steady on Friday near 3-1/2-month highs hit in the previous session amid tempered expectations of a U.S. rate hike in March and as investors awaited clarity on President Donald Trump's economic policy. Spot gold was mostly unchanged at $1,249.37 per ounce at 0326 GMT after hitting its highest since Nov. 11, 2016 at $1,251.14 in the previous session. The metal has gained more than ...
DHAKA (Reuters) - Bangladesh aims to raise its annual bilateral trade with Canada to $5.0 billion by 2022 from the current $2.0 billion, a senior government official said on Saturday. Bangladesh is the second-largest importer of Canadian food grains and other agricultural products in South Asia. Since January 2003, Canada has allowed duty-free access to Bangladeshi products, in particular ready-made ...
After six successive days of gains, the Indian market may well see some profit taking in the coming week. However, if economic data due next week turns out to be encouraging, then some good upside for the key indices is not ruled out.Besides macroeconomic data, the rupee's movements against the U.S. dollar, the mood of foreign institutional investors and the performance of global stock markets will ...
By Trevor Hunnicutt and Jonathan Stempel NEW YORK (Reuters) - Billionaire Warren Buffett, whose stock picks over several decades have turned Berkshire Hathaway Inc into one of the most successful conglomerates, delivered another black eye to the investment industry on Saturday, saying investors should "stick with low-cost index funds." "When trillions of dollars are managed by Wall Streeters charging ...
London: Union Finance Minister Arun Jaitley on Saturday said that India aspires to be a more open economy and stay away from protectionism. "An aspirational India poised to be more open and less protectionist," Jaitley said in his lecture on 'Transforming India: Vision for the Next Decade' at the London School of Economics, adding that country's "emphasis is on infrastructure and rural sectors." The ...

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 Trevor Hunnicutt and Jonathan Stempel NEW YORK (Reuters) - Billionaire Warren Buffett, whose stock picks over several decades have turned Berkshire Hathaway Inc into one of the most successful conglomerates, delivered another black eye to the investment industry on Saturday, saying investors should "stick with low-cost index funds." "When trillions of dollars are managed by Wall Streeters charging ...
Pfizer Inc on Thursday said it received subpoenas from the U.S. Attorney's Office for the District of Massachusetts related to the drugmaker's support for organizations that provide financial help to Medicare patients. In a regulatory filing, Pfizer said it received subpoenas in December 2015 and July 2016 related to groups that help cover patient co-payments for prescription drugs. Pfizer said ...
NEW DELHI  - A unit of engineering conglomerate Larsen & Toubro has won an onshore engineering, procurement and construction (EPC) contract from Indian Oil Corp Ltd, the country's largest refiner, worth 11 billion rupees ($165 million), it said in a statement on Saturday. L&T Hydrocarbon Engineering won the contract for setting up a 0.74 million metric tonne per annum fluidised cracking ...
NEW DELHI, Feb 25 (Reuters) - A unit of Indian engineering conglomerate Larsen & Toubro has won an onshore engineering, procurement and construction (EPC) contract from Indian Oil Corp Ltd, the country's largest refiner, worth 11 billion rupees ($165 million), it said in a statement on Saturday. L&T Hydrocarbon Engineering won the contract for setting up a 0.74 million metric tonne per annum fluidised ...
WOLFSBURG, Germany  - Record Audi and Porsche sales helped Volkswagen swing to a record underlying profit in 2016, although a bigger than expected charge from the diesel emissions scandal meant it missed estimates for its operating profit. Sales of the German carmaker's luxury brands lifted underlying operating profit before special items 14 percent to 14.6 billion euros ($15.5 billion) in ...
By Costas Pitas LONDON (Reuters) - The head of French carmaker PSA played down the threat to British factories when he discussed the potential takeover of GM's European operations with union officials and politicians in London on Friday. The British visit was the latest part of a charm offensive by Carlos Tavares, chief executive of Peugeot-maker PSA, after news broke last week that PSA was in ...
  Cities   Price (10g)
  Gold Rate in Chennai   Rs. 28240.00 (-0.11%)
  Gold Rate in Mumbai   Rs. 28870.00 (-0.45%)
  Gold Rate in Delhi   Rs. 28700.00 (0%)
  Gold Rate in Kolkata   Rs. 28610.00 (-0.38%)
  Gold Rate in Kerala   Rs. 27650.00 (0%)
  Gold Rate in Bangalore   Rs. 27750.00 (-0.36%)
  Gold Rate in Hyderabad   Rs. 28270.00 (-0.14%)

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