Web Sify
Follow us on

Article gallery

Welspun India Limited shares tumbled for the third straight session, hitting the lower circuit once again as more adverse news for the company flowed into the market.Close on the heels of the decision by Target Corporation to terminate its contract with Welspun after the latter allegedly supplied bedsheets and pillow covers made of non-Egyptian cotton, another big customer US customer of Welspun, WalMart ...
Amid stock specific activity, key Indian indices have been moving in a tight range since trade commenced this morning. With global cues rather mixed, investors appear quite reluctant to make significant moves and are looking ahead to the speech of Janet Yellen, the US Federal Reserve chair, later this week. The Sensex is up 35.40 points or 0.13% at 28,025.61. The Nifty50 of the National Stock Exchange ...
Gold was trading in a narrow range on Wednesday as investors waited for clues on whether the U.S. Federal Reserve would hike interest rates this year. At the end of the week, Fed Chair Janet Yellen is scheduled to address a gathering of global central bankers in Jackson Hole, Wyoming. Recent hawkish comments from some policymakers have raised investors' expectations that Yellen might also take a ...
Gold was mostly unchanged early on Wednesday as investors remained on the sidelines waiting for clues from the U.S. Federal Reserve later this week on whether it will raise rates this year. FUNDAMENTALS * Spot gold was nearly flat at $1,338.20 an ounce at 0059 GMT. * U.S. gold slipped 0.3 percent to $1,342.60 an ounce. * Amid conflicting signals from the Fed in recent days, central bankers ...
Welspun India Limited shares tumbled for the third straight session, hitting the lower circuit once again as more adverse news for the company flowed into the market.Close on the heels of the decision by Target Corporation to terminate its contract with Welspun after the latter allegedly supplied bedsheets and pillow covers made of non-Egyptian cotton, another big customer US customer of Welspun, WalMart ...
Amid stock specific activity, key Indian indices have been moving in a tight range since trade commenced this morning. With global cues rather mixed, investors appear quite reluctant to make significant moves and are looking ahead to the speech of Janet Yellen, the US Federal Reserve chair, later this week. The Sensex is up 35.40 points or 0.13% at 28,025.61. The Nifty50 of the National Stock Exchange ...
Estimated savings due to blocking of duplicate, fake, and inactive domestic LPG connections through the Pahal scheme was Rs 21261 crore, an official statement said on Tuesday. A Petroleum and Natural Gas Ministry statement said the Direct Benefit Transfer of LPG (DBTL), known as Pahal scheme, made it possible to block 3.34 crore connections. "As a result of implementation of DBTL (Pahal) mechanism, ...
Of the 50 new airports the government plans to make operational across the country over the next three years, at least 10 would be ready by next year, Civil Aviation Minister Ashok Gajapathi Raju said on Tuesday. "We are trying to ensure at least 10 new airports will be ready in a year for regular operations," Raju told reporters at an event in Mumbai, but did not name them. Noting that regional ...

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 ...
(Adds futures, company news items) Aug 24 (Reuters) - Britain's FTSE 100 index is seen opening down 18-20 points, or 0.3 percent, on Wednesday, according to financial bookmakers, with futures down 0.4 percent ahead of the cash market open. * The UK blue chip index closed up 0.6 percent at 6,868.51 points on Tuesday, helped by a rise in housebuilders after strong results from Persimmon suggested ...
* NSE index up 0.13 pct, BSE index 0.16 pct higher * Asian stocks consolidate recent gains amid Fed lull * Aurobindo Pharma jumps after strong quarterly results Aug 24 (Reuters) - Indian shares crept up on Wednesday, led by drug maker Aurobindo Pharma Ltd after stellar quarterly results, but sentiment remained edgy as investors awaited further clues on whether the Federal Reserve will raise U.S. ...
Estimated savings due to blocking of duplicate, fake, and inactive domestic LPG connections through the Pahal scheme was Rs 21261 crore, an official statement said on Tuesday. A Petroleum and Natural Gas Ministry statement said the Direct Benefit Transfer of LPG (DBTL), known as Pahal scheme, made it possible to block 3.34 crore connections. "As a result of implementation of DBTL (Pahal) mechanism, ...
(Recasts with Indian comment, quotes) By Matt Siegel and Sanjeev Miglani SYDNEY/NEW DELHI, Aug 24 (Reuters) - India is investigating damage caused to French Scorpene submarines that are being built in the country, the defence ministry said on Wednesday, after the leak of documents relating to the vessel's combat capabilities. The leak, which was first reported in The Australian newspaper, contains ...
Luxury automaker Lamborghini expects to at least double production to 7,000 vehicles a year by 2019 once it rolls out a new SUV, but it will not lose its focus on making sports cars, Chief Executive Officer Stefano Domenicali said Tuesday. Domenicali told Reuters the company plans to cap yearly production of its supercars at 3,500. He also expects sport-utility vehicle production will be at least ...
By Jessica Dye NEW YORK (Reuters) - General Motors Co said Tuesday a Texas judge had denied its bid to throw out a lawsuit over a fatal 2011 crash blamed on a faulty ignition switch, after the company accused a car driver and his lawyers of fabricating evidence about the vehicle’s key. Harris County Judge Robert Schaffer said in his mid-trial ruling, however, that he would instruct jurors that ...
  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%)

talking point on sify finance