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A sharp sell-off in the stock market wiped out over Rs 2 lakh crore from investors' wealth today as the benchmark Sensex plummeted 587 points following weak domestic and global macroeconomic data.Total investor wealth of BSE-listed companies tumbled by Rs 2,02,654.47 crore to Rs 96,25,276 crore.The 30-share index plunged 586.65 points or 2.23 per cent to settle at 25,696.44. Intra-day, the blue-chip ...
Gold rose on Tuesday as the dollar and global equities dropped on fresh signs of economic weakness in China and uncertainty over the timing of the Federal Reserve's first interest rate increase in nearly a decade.Activity in China's factory sector shrank at its fastest rate in at least three years in August as domestic and export orders tumbled, increasing investor concern that the world's second-largest ...
Gold rose on Tuesday as the dollar and global equities dropped on fresh signs of economic weakness in China and uncertainty over the timing of the Federal Reserve's first interest rate increase in nearly a decade.Activity in China's factory sector shrank at its fastest rate in at least three years in August as domestic and export orders tumbled, increasing investor concern that the world's second-largest ...
The woes of the troubled Atlas Jewellers are fast multiplying. News that its founder and his daughter are believed to be in jail has sent its stock tumbling. Atlas Jewellery India, which closed with a loss of 10% at Rs 30.25 on Tuesday, has already lost over 85% of its market value. The week has so far seen the stock lose 20% value, after news that the company had allegedly defaulted on loans totaling ...
Sept 1 (Reuters) - Wall Street opened lower on Tuesday after China's weak factory data heightened fears of a slowdown in the world's second-largest economy. The Dow Jones industrial average fell 98.55 points, or 0.6 percent, to 16,429.48. The S&P 500 lost 20.71 points, or 1.05 percent, to 1,951.47 and the Nasdaq composite dropped 104.61 points, or 2.19 percent, to 4,671.90. (Reporting By Sudarshan ...
Sep 1 (Reuters) - Following are the details of deals in Indian Commercial Papers reported on Clearcorp F-TRAC Platform. ISIN DESCRIPTION MATURITY WTG AVG WTG AVG NO OF TRADED LAST TRADED DATE PRICE YLD% TRADES VALUE* PRICE YIELD ============ ============ ======== ======= ======= ====== ===== =============== INE660A14MZ8 ...
The woes of the troubled Atlas Jewellers are fast multiplying. News that its founder and his daughter are believed to be in jail has sent its stock tumbling. Atlas Jewellery India, which closed with a loss of 10% at Rs 30.25 on Tuesday, has already lost over 85% of its market value. The week has so far seen the stock lose 20% value, after news that the company had allegedly defaulted on loans totaling ...
New Delhi: With global crude oil in free fall, Indian Oil Corp on Monday cut the prices of petrol by Rs.2 a litre and of diesel by 50 paise, both prices inclusive of levies in Delhi, with corresponding decrease in other states, effective from midnight.Petrol and diesel, prices of which were last reduced on August 15, will from Tuesday cost Rs.61.20 a litre and Rs.44.45 respectively in Delhi, IOC s ...

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 ...
REUTERS - Wall Street opened lower on Tuesday after China's weak factory data heightened fears of a slowdown in the world's second-largest economy. The Dow Jones industrial average fell 98.55 points, or 0.6 percent, to 16,429.48. The S&P 500 lost 20.71 points, or 1.05 percent, to 1,951.47 and the Nasdaq composite dropped 104.61 points, or 2.19 percent, to 4,671.90. (Reporting By Sudarshan Varadhan ...
Sept 1 (Reuters) - Wall Street opened lower on Tuesday after China's weak factory data heightened fears of a slowdown in the world's second-largest economy. The Dow Jones industrial average fell 98.55 points, or 0.6 percent, to 16,429.48. The S&P 500 lost 20.71 points, or 1.05 percent, to 1,951.47 and the Nasdaq composite dropped 104.61 points, or 2.19 percent, to 4,671.90. (Reporting By Sudarshan ...
MUMBAI (Reuters) - The Reserve Bank of India (RBI) issued draft guidelines on Tuesday for its proposed plan to change how banks calculate their lending rates, which would make them more responsive to monetary policy actions but would likely be opposed by the sector. Banks currently have a good degree of freedom in determining their lending rates, but that has created frustration among Reserve Bank ...
Government today said it does not see much impact on essential services because of the decision of 10 central trade unions to go ahead with one-day nationwide strike tomorrow even as it appealed to them to withdraw the call in workers' and the nation's interest. It also indicated that talks with trade unions will continue even if they go on nationwide strike tomorrow where 15 crore formal sector ...
Japan's Suzuki Motor Corp said on Sunday it will buy back the 19.9 percent stake it sold to Volkswagen AG after an international arbitration court settled a dispute between the automakers over their failed partnership. Suzuki filed for international arbitration in November 2011, after Volkswagen refused to sell back the shares in Suzuki it acquired in January 2010 for 1.7 billion euros ($1.90 billion). ...
By Nadia Saleem and Bozorgmehr Sharafedin DUBAI (Reuters) - The joy of riding big Japanese and American motorbikes was just one of the pleasures taken away from Iranians after the country's Islamic revolution. But three decades on, to the delight of enthusiasts, there are signs of restrictions being eased. This month a dozen bikers on pre-revolutionary and newer models were allowed a strictly ...
  Cities   Price (10g)
  Chennai   Rs. 24470.00 (1.37%)
  Mumbai   Rs. 24900.00 (0.97%)
  Delhi   Rs. 24200.00 (1.26%)
  Kolkata   Rs. 24160.00 (0%)
  Kerala   Rs. 24000.00 (0.63%)
  Bangalore   Rs. 23800.00 (0%)
  Hyderabad   Rs. 24140.00 (1.17%)

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