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The Indian stock market is weak this morning, with investors treading cautiously ahead of the central bank's monetary policy review. A mixed trend in Asian markets is also contributing to the slightly sluggish movements on the bourses.The Reserve Bank of India, which will release its monetary policy statement later this morning, is widely expected to hold the repo rate at 7.25%. The apex bank's statement ...
Asian shares struggled to stay positive on Tuesday after downbeat economic data pressured Wall Street ahead of a key U.S. jobs report that could provide important clues to the timing of the Federal Reserve's interest rate increase. Crude oil prices firmed after plunging overnight, with U.S. crude adding about 0.7 percent to $45.48 a barrel. Brent gained 0.7 percent to $49.84 after skidding 5 percent ...
Gold dropped for a third session in four on Tuesday, closing in on a 5-1/2-year low, with selling pressure supported by expectations that the Federal Reserve is set to raise interest rates this year.Investors looked past data on Monday that showed U.S. manufacturing activity falling short of estimates, instead awaiting the crucial nonfarm payrolls number due on Friday.Spot gold slipped 0.3 percent ...
Gold edged lower on Monday, after falling by the most in two years in July, as the dollar steadied ahead of U.S. economic indicators that could bolster expectations for a hike in U.S. interest rates soon.Spot gold was down 0.3 percent at $1,093 an ounce by 0928 GMT. The metal hit a low of $1,077 on July 24, its weakest in 5-1/2 years.Bullion lost almost 7 percent in July, its steepest monthly drop ...
* U.S., Chinese factory figures drag down Wall Street * Aussie rises after RBA stands pat on policy as expected * Friday's U.S. jobs report is main market focus By Lisa Twaronite TOKYO, Aug 4 (Reuters) - Asian shares cautiously nudged into positive territory on Tuesday after downbeat economic data pressured Wall Street ahead of a key U.S. jobs report that could provide important clues to the ...
Aug 4 (Reuters) - Below are the ratings awarded by Credit Analysis and Research Ltd. (CARE) for local debt instruments as of August 3, 2015. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------- ---------- ------ ------- --------- SHORT ...
New Delhi: Mumbai has been ranked the most expensive among nine key Indian cities for the third consecutive year, while Chandigarh bagged the best value destination for a city break in a survey released on Monday."TripIndex Cities" an annual survey by TripAdvisor, a travel portal, compared the cost of a three-night break during the summer travel months of June to August.The survey conducted in Delhi, ...
Paulson's view on gold has been closely followed ever since he earned roughly $5 billion on a bet on the metal in 2010, following on the heels of a similarly successful $4 billion payday on his bet against the overheated housing market in 2007. Boston: Billionaire hedge fund manager John Paulson, one of the world's most influential gold investors, feels that the metal is now at an appropriate price ...

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 ...
* U.S., Chinese factory figures drag down Wall Street * Aussie rises after RBA stands pat on policy as expected * Friday's U.S. jobs report is main market focus By Lisa Twaronite TOKYO, Aug 4 (Reuters) - Asian shares cautiously nudged into positive territory on Tuesday after downbeat economic data pressured Wall Street ahead of a key U.S. jobs report that could provide important clues to the ...
BANGKOK, Aug 4 (Reuters) - Most Southeast Asian stock markets fell on Tuesday, with Thai benchmark snapping a three-day rising streak as weak economy dashed hopes for strong corporate earnings while Malaysia's index retreated as investors cashed quick gains in telecoms. Thai SET index traded down 0.8 percent, trimming some of the combined 1.6 percent gain in three sessions to Monday. Shares of ...
* CSI300 +1.2pct; SSEC +1.3pct HSI -0.1pct * Beijing steps up crackdown on short-selling * China Commerce Ministry expects import growth to remain sluggish HONG KONG, Aug 4 (Reuters) - China stocks rose just over one percent on Tuesday morning after Chinese authorities announced new measures to crack down on short selling, which has been partly blamed for the plunge in mainland equities last ...

China stocks rise at market open

2015-08-04 07:20:00

SHANGHAI, Aug 4 (Reuters) - China major stock indexes opened up on Tuesday. The CSI300 index rose 0.2 percent to 3,836.67 points at 1:30 GMT, while the Shanghai Composite Index gained 0.3 percent to 3,633.17 points. China CSI300 stock index futures for August rose 1.5 percent, to 3,673, 163.67 points below the current value of the underlying index. The Hang Seng index in Hong Kong was unchanged ...
NEW DELHI (Reuters) - Hero MotoCorp Ltd , the world's largest seller of two-wheelers, posted a 33 percent rise in its fiscal first quarter net profit, beating analyst expectations. The company, which sells about one in every two motorbikes in India - mainly in the countryside, said profit in the June quarter rose to 7.50 billion rupees ($117.3 million), up from 5.63 billion rupees a year earlier. ...
NEW DELHI, Aug 3 (Reuters) - Hero MotoCorp Ltd, the world's largest seller of two-wheelers, posted a 33 percent rise in its fiscal first quarter net profit, beating analyst expectations. The company, which sells about one in every two motorbikes in India - mainly in the countryside, said profit in the June quarter rose to 7.50 billion rupees ($117.3 million), up from 5.63 billion rupees a year earlier. ...
  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
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