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The Nifty50 index of the National Stock Exchange hit the 10,000 mark for the first ever time on Tuesday morning, and with the mood staying bullish these days with investors betting on a reduction in interest rates early next month, looks set for greater heights.The BSE benchmark Sensex, for its part, is hovering around record high as well. Although some of the components of the Sensex and the Nifty50 ...
The S&P and the Dow looked set to open higher on Tuesday, helped by strong earnings from Caterpillar and McDonald's, but Google-parent Alphabet may weigh on the tech-heavy Nasdaq. Caterpillar's shares rose 5.4 percent in premarket trading after the company reported quarterly results that smashed expectations and raised its full-year outlook for the second time this year. McDonald's was up 3 ...
JOHANNESBURG: Gold prices traded near a one-month high on Tuesday as the dollar languished at a more than one-year low ahead of a Federal Reserve meeting that is expected to provide more clues on U.S. monetary policy. The market is not expecting a rate increase to result from the Fed's two-day meeting starting on Tuesday but it is looking for hints on the timing and extent of future moves. Spot ...
BENGALURU: Gold prices edged higher on Tuesday, after hitting a one-month high in the previous session, buoyed by political uncertainty in the United States, as investors awaited the Federal Reserve meeting for clues on monetary policy. Investors also braced for possible hints on when the next interest rate hike is coming, ahead of the Fed's rate-setting two-day committee meet starting on Tuesday. ...
By David Henry NEW YORK (Reuters) - Citigroup Inc management outlined an ambitious plan on Tuesday to grow profits and return at least $60 billion to shareholders, setting a new tone at the first major conference the bank has held for investors in over nine years. Executives detailed ways they intend to generate more revenue, cut unnecessary costs, use capital more wisely and get back to building ...
LONDON (Reuters) - Britain's government will announce on Wednesday that it will ban the sale of all petrol- and diesel-fuelled cars from 2040 as part of a plan to clean up air pollution, newspapers reported on Tuesday. The reported move follows a similar announcement earlier this month by the French government. (Writing by William Schomberg, editing by G Crosse) ...
The S&P and the Dow looked set to open higher on Tuesday, helped by strong earnings from Caterpillar and McDonald's, but Google-parent Alphabet may weigh on the tech-heavy Nasdaq. Caterpillar's shares rose 5.4 percent in premarket trading after the company reported quarterly results that smashed expectations and raised its full-year outlook for the second time this year. McDonald's was up 3 ...
NEW YORK - For the first time since receiving three government bailouts during the 2007-2009 financial crisis, Citigroup Inc on Tuesday is holding a day-long conference for investors, marking another step in the recovery of what was once the biggest U.S. bank. The meeting in New York, for about 250 invited stock analysts and investors, plus anyone who wants to listen over the internet, comes four ...

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 Caroline Valetkevitch NEW YORK (Reuters) - A set of strong U.S. earnings reports lifted the S&P 500 stock index to a record closing high on Tuesday, while oil prices rallied on Saudi Arabia's pledge to cut exports in August and copper hit a two-year high. The dollar edged up after hitting its lowest level since June 2016 as the Federal Reserve began a two-day policy meeting. The Fed was expected ...
By Lewis Krauskopf (Reuters) - The S&P 500 climbed to an all-time high on Tuesday on a heavy day of corporate results highlighted by well-received reports from McDonald's and Caterpillar and gains for bank shares. The Nasdaq also managed to set a record high despite declines in Google parent Alphabet after its results. Alphabet shares ended down 2.9 percent. Shares of McDonald's rose 4.8 percent ...
By Francesco Guarascio BRUSSELS (Reuters) - The International Monetary Fund said on Tuesday that it foresaw only a modest increase in transaction costs if clearing and other financial activities are moved from the City of London to the European Union after Brexit. The forecast, published in the Fund's annual report on the euro zone, contrasts with British claims that splitting European securities ...
By Lucia Mutikani WASHINGTON (Reuters) - U.S consumer confidence jumped to a near 16-year high in July amid optimism over the labor market while house prices maintained their upward trend in May, which could boost consumer spending after recent sluggishness. The reports on Tuesday underscored the economy's strong fundamentals, expected to keep the Federal Reserve on course to raise interest rates ...
LONDON (Reuters) - Britain's government will announce on Wednesday that it will ban the sale of all petrol- and diesel-fuelled cars from 2040 as part of a plan to clean up air pollution, newspapers reported on Tuesday. The reported move follows a similar announcement earlier this month by the French government. (Writing by William Schomberg, editing by G Crosse) ...
By David Shepardson REUTERS - A Volkswagen AG executive charged in the automaker's diesel emissions scandal plans to plead guilty on Aug. 4 in U.S. District Court in Detroit, a court spokesman said on Tuesday. Oliver Schmidt, who was chief of Volkswagen's environmental and engineering center in Michigan, has been held since January when he was arrested trying to return to Germany. Schmidt is one ...
  Cities   Price (10g)
  Gold Rate in Chennai   Rs. 27210.00 (-0.26%)
  Gold Rate in Mumbai   Rs. 28060.00 (0.25%)
  Gold Rate in Delhi   Rs. 27550.00 (0.18%)
  Gold Rate in Kolkata   Rs. 27990.00 (0%)
  Gold Rate in Kerala   Rs. 26600.00 (0%)
  Gold Rate in Bangalore   Rs. 26680.00 (0.11%)
  Gold Rate in Hyderabad   Rs. 27270.00 (0.04%)

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