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Sensex down 256 pts, set for another weak closeThe market looks set to end the session on a weak note today, as several front line stocks still languish in negative territory due to sustained selling. Worries about near term outlook for the global economy continue to hurt sentiment. Asian markets mostly closed weak, while major European markets are exhibiting a mixed trend now.The Sensex is down 256.40 ...
New Delhi: Terming as "unsatisfactory" the current pace of taxpayers' grievance redressal process, the Central Board of Direct Taxes (CBDT) has asked the Income Tax Department to resolve these complaints within a maximum period of two months.In a urgent missive to all regional heads of department, CBDT Chairperson Atulesh Jindal has sought a quick resolution of these complaints as it is a key area ...

Is it right time to enter Gold?

2016-02-09 13:40:18

Having run a whopping around 14% in just over a month's time, analysts expect the rally in Gold to take a brief stop as the prices near the intermediate resistance of $ 1230.As per the monthly price charts, bullion market analysts strongly feel the yellow metal had been able to reverse its intermediate bearish outlook and suggest the market to stay sideways with an upward bias in the short term. "The ...
Gold prices today regained the Rs 28,000-mark by soaring Rs 710 -- its biggest single-day surge this year -- to trade at its highest level in over one-year on bullish trend in global markets and buying by jewellers. The precious metal had gained Rs 825 in the last eight days. Depreciating rupee against the dollar that made the imports costlier and shifting of funds from weakening equity to bullion ...
Sensex down 256 pts, set for another weak closeThe market looks set to end the session on a weak note today, as several front line stocks still languish in negative territory due to sustained selling. Worries about near term outlook for the global economy continue to hurt sentiment. Asian markets mostly closed weak, while major European markets are exhibiting a mixed trend now.The Sensex is down 256.40 ...
New Delhi: Terming as "unsatisfactory" the current pace of taxpayers' grievance redressal process, the Central Board of Direct Taxes (CBDT) has asked the Income Tax Department to resolve these complaints within a maximum period of two months.In a urgent missive to all regional heads of department, CBDT Chairperson Atulesh Jindal has sought a quick resolution of these complaints as it is a key area ...

Is it right time to enter Gold?

2016-02-09 13:40:18

Having run a whopping around 14% in just over a month's time, analysts expect the rally in Gold to take a brief stop as the prices near the intermediate resistance of $ 1230. As per the monthly price charts, bullion market analysts strongly feel the yellow metal had been able to reverse its intermediate bearish outlook and suggest the market to stay sideways with an upward bias in the short term. "The ...
Google Chief Executive Sundar Pichai received restricted stock worth about $199 million, according to a regulatory filing by Google parent company Alphabet Inc. Pichai, who took over in August, received a grant for 273,328 Class C Google stock units on February 3. The valuation is based on the stock's closing price on that date. On the same day, Pichai sold 375 Class A common shares at a price of ...

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 ...
* FTSEurofirst 300 steadies after Monday's slump * Banking sector up but remains fragile * Market helped by stronger energy stocks By Atul Prakash LONDON, Feb 9 (Reuters) - European equities steadied on Tuesday, underpinned by some positive earnings reports and stronger energy stocks, after suffering heavy losses in the previous session on persistent concerns over the health of the region's ...
Punjab National Bank (PNB), India's fourth-biggest state-run lender by assets, posted a 93 percent fall in quarterly profit and said it expected bad loans to rise further in the current quarter as a central bank-directed clean-up exercise continues. PNB shares fell as much as 6.5 percent to 88.20 rupees in Mumbai on Tuesday. Indian banks, burdened by their highest stressed-assets ratio in 13 years, ...
New Delhi: India's economic recovery is losing some steam and there is likelihood of a slowdown in growth momentum, says Japanese financial services firm Nomura.While improving urban consumption demand and a robust transportation sector are supporting growth, weak external conditions and a sluggish investment demand are weighing on the pace of the recovery, it said.There is a "downside risk" to its ...
The world will store unwanted oil for most of 2016 as declines in U.S. output take time and OPEC is unlikely to cut a deal with other producers to reduce ballooning output, the International Energy Agency said. The agency, which coordinates energy policies of industrialised countries, said that while it did not believe oil prices could follow some of the most extreme forecasts and fall to as low ...
(Corrects headline to specify extent of damage) Feb 9 (Reuters) - Feb 9 (Reuters) - SRF Ltd : * disruption of operations due to flooding and rain at Manali industrial area, Manali, Tamil Nadu plant * Expected quantum of damage worth about INR 800 million * Estimated financial loss till January end is INR 180 to INR 200 million * Source text: (http://bit.ly/1PyNONR) * Further company coverage ...
Suzuki Motor Corp said operating profit rose slightly in the third quarter on healthy demand in India, but trimmed its full-year net profit outlook due to a tax-related issue.Japan's fourth-largest automaker posted a 1 percent increase in operating profit to 45.1 billion yen ($384.5 million) in the October-December period, just short of an average forecast of 49.7 billion yen from 11 analysts polled ...
  Cities   Price (10g)
  Chennai   Rs. 25020.00 (0.81%)
  Mumbai   Rs. 25890.00 (0.98%)
  Delhi   Rs. 25200.00 (-0.2%)
  Kolkata   Rs. 25480.00 (1.03%)
  Kerala   Rs. 24800.00 (0.61%)
  Bangalore   Rs. 25000.00 (0.81%)
  Hyderabad   Rs. 25080.00 (1.09%)

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