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Thanks to some strong buying at several counters, the market, which was struggling to force its way up till around mid afternoon, has rallied smartly now and looks headed for a positive close.Shrugging off weak global markets, investors are now picking up stocks on the Indian bourses, finding values a bit attractive after recent declines.The Sensex is up 134.96 points or 0.5% at 27,917.21. The Nifty50 ...
Claris Lifesciences, which plunged to Rs 251.80 in early trades today, losing more than 7% in the process, continues to languish in negative territory at Rs 258, down by about 5% from its previous closing price.The stock tumbled today after the company announced that its subsidiary Claris Injectibles received Form 483 from USFDA, with five observations. The U.S. drug regulator has issued the Form after ...
Gold slid to a near five-week low on Monday after comments from top Federal Reserve officials fuelled speculation that U.S. interest rates would rise sooner rather than later, weighing on the dollar. Speaking at a meeting of leading central bankers in Jackson Hole, Wyoming, Fed chair Janet Yellen said on Friday that an improvement in the economy and the labour market in recent months had boosted ...
Gold edged lower on Monday as the dollar got a boost after hawkish comments from Federal Reserve Chair Janet Yellen left the door open to a U.S. interest rate hike as early as next month. The case for raising U.S. interest rates has strengthened in recent months due to improvements in the labour market and expectations for moderate economic growth, Fed Chair Janet Yellen said on Friday. Spot gold ...
WASHINGTON (Reuters) - The Federal Reserve Board said on Monday it had fined a former Barclays Plc foreign exchange trader $1.2 million for manipulating trades. The former trader, Christopher Ashton, allegedly used chat rooms to coordinate investments and disclose confidential information in foreign exchange trades, the regulator said. A lawyer for Ashton could not immediately be reached for comment. ...
(Reuters) - Zhongwang USA LLC, a division of China's Zhongwang International Group Ltd., said on Monday it would buy U.S.-based aluminum rolled products maker Aleris Corp from a fund group in a $2.33 billion deal. Zhongwang International is also the parent of China Zhongwang Holdings Ltd, the world's second-largest producer of aluminum extrusions. Cleveland-based Aleris supplies fabricated products ...
New Delhi: The world's cheapest smartphone 'Freedom 251" has got competition. At Rs 501, ChampOne C1 device has a fingerprint scanner and packs in 2GB of RAM with 16GB of internal memory.ChampOne C1 is backed by ChampOne Communications, a domestic start-up.However, the current price is for sales promotion only and once the device is launched nationwide, it will be available for nearly Rs 8,000, media ...
New Delhi: Fortis Healthcare and US-based emotional wellness startup wayForward have for the first time in India launched an app-based wellness programme to manage stress and related ailments, at an event here on Saturday. The health app, which shares its name with the company has a unique proprietary algorithm that overcomes the barrier of limited access to experts. The wayForward health app uses ...

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 Yashaswini Swamynathan (Reuters) - Wall Street snapped a three-day losing streak on Monday as financial stocks rose after Federal Reserve Chair Janet Yellen said the case for an interest rate hike had strengthened. Yellen, addressing a gathering of global central bankers on Friday, said the central bank was close to meeting its goals of maximum employment and stable prices, while describing ...
* Consumer spending rises for fourth straight month in July * Herbalife rises after Icahn quashes reports of stake sale * Indexes up: Dow 0.58 pct, S&P 0.57 pct, Nasdaq 0.4 pct (Updates to early afternoon) By Yashaswini Swamynathan Aug 29 (Reuters) - Wall Street snapped a three-day losing streak on Monday as financial stocks rose after Federal Reserve Chair Janet Yellen said the case for ...
By Nate Raymond NEW YORK (Reuters) - A senior HSBC Holdings Plc executive pleaded not guilty on Monday to charges that he participated in a fraudulent scheme to front-run a $3.5 billion currency transaction by one of the bank's clients. The plea on wire fraud and conspiracy charges by Mark Johnson, a British citizen who at the time of his arrest last month was HSBC's global head of foreign exchange ...
(Reuters) - Zhongwang USA LLC, a division of China's Zhongwang International Group Ltd., said on Monday it would buy U.S.-based aluminum rolled products maker Aleris Corp from a fund group in a $2.33 billion deal. Zhongwang International is also the parent of China Zhongwang Holdings Ltd, the world's second-largest producer of aluminum extrusions. Cleveland-based Aleris supplies fabricated products ...
Aug 29 (Reuters) - Indian shares ended higher on Monday, reversing two consecutive sessions of falls, with Tata Motors among top gainers after its unit Jaguar Land Rover reported favourable quarterly figures on Friday. The BSE index ended 0.43 percent higher at 27,902.66 while the broader NSE index closed up 0.41 percent to 8,607.45. For midday report see (Reporting by Arnab Paul in Bengaluru; ...
* NSE index down 0.05 pct, BSE down 0.04 pct * Fed official comments weigh on markets * IT sector biggest drag on NSE index Aug 29 (Reuters) - Indian shares were little changed on Monday, with Tata Motors leading gainers on key unit Jaguar Land Rover's quarterly performance, while broader sentiment was hit after U.S. Federal Reserve Chair Janet Yellen indicated an interest rate hike remains on ...
  Cities   Price (10g)
  Gold Rate in Chennai   Rs. 29880.00 (0.47%)
  Gold Rate in Mumbai   Rs. 30760.00 (0%)
  Gold Rate in Delhi   Rs. 30100.00 (0%)
  Gold Rate in Kolkata   Rs. 30420.00 (0.3%)
  Gold Rate in Kerala   Rs. 29150.00 (0.34%)
  Gold Rate in Bangalore   Rs. 29500.00 (0%)
  Gold Rate in Hyderabad   Rs. 29880.00 (0.47%)

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