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Sensex zooms 576 points

2016-05-25 16:50:36

Indian stocks saw some hectic buying on Wednesday, buoyed by a rating upgrade of the market by Morgan Stanley, encouraging monsoon forecast by Skymet, a stronger rupee and a positive lead from global markets following the deal between Eurozone finance ministers, Greece and the International Monetary Fund with regard to Greek debt relief.On Tuesday, weather forecaster Skymet predicted an above normal ...
The Indian stock market is all set to end on a buoyant note today, as the bulls continue to stay in the ring, lapping up stocks from across various sectors.A rating upgrade of Indian market by Morgan Stanley, encouraging monsoon forecast from Skymet and firm start in Europe on the back of eurozone finance ministers and the International Monetary Fund reaching a deal to unlock more bailout funds for ...
On September 9, 2015, the Indian government launched the Sovereign Gold Bond scheme. A gold demat scheme, it aimed at "shifting a part of the estimated 300 tons of physical bars and coins purchased every year for investment into gold bonds". Highlights of the scheme The bonds will be issued by the Reserve Bank of India (RBI) in various tranches on behalf of the Government of India. Only ...
The government towards the end of 2015 launched the Gold Monetisation Scheme. "India has no reason to be described as a poor country, as it has 20,000 tonnes of gold. The gold available with the country should be put to productive use," the Prime Minister said while launching the scheme ahead of Dhanteras and Diwali. Let us take a close look at the gold monetisation scheme and what it offers to you: The ...
By Keith Wallis SINGAPORE (Reuters) - Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months, boosted after U.S. government figures showed a sharper-than-expected drawdown in crude stocks last week. Buoyant stock markets also supported prices, with the Dow Jones industrial average, the S&P 500 and the Nasdaq Composite all climbing overnight. Brent had ...
By Joshua Hunt TOKYO, May 26 (Reuters) - Japanese stocks inched higher in choppy trade on Thursday following a rise in oil prices and gains on Wall Street, but indexes remained vulnerable to yen volatility as the currency see-saws against the dollar. The Nikkei share average ended the morning session 0.3 percent higher at 16,805.63 points, paring some of its early gains due to a strengthening yen. ...
On September 9, 2015, the Indian government launched the Sovereign Gold Bond scheme. A gold demat scheme, it aimed at "shifting a part of the estimated 300 tons of physical bars and coins purchased every year for investment into gold bonds". Highlights of the scheme The bonds will be issued by the Reserve Bank of India (RBI) in various tranches on behalf of the Government of India. Only ...
The government towards the end of 2015 launched the Gold Monetisation Scheme. "India has no reason to be described as a poor country, as it has 20,000 tonnes of gold. The gold available with the country should be put to productive use," the Prime Minister said while launching the scheme ahead of Dhanteras and Diwali. Let us take a close look at the gold monetisation scheme and what it offers to you: The ...

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 Joshua Hunt TOKYO, May 26 (Reuters) - Japanese stocks inched higher in choppy trade on Thursday following a rise in oil prices and gains on Wall Street, but indexes remained vulnerable to yen volatility as the currency see-saws against the dollar. The Nikkei share average ended the morning session 0.3 percent higher at 16,805.63 points, paring some of its early gains due to a strengthening yen. ...
By Hideyuki Sano TOKYO (Reuters) - Asian shares look set to extend their recovery from 12-week lows on Thursday after renewed optimism on European banks' prospects and a rise in oil prices to near $50 a barrel helped lift global shares. Australian share futures rose 0.6 percent overnight, while U.S.-traded Nikkei futures point to a gain of 1.0 percent in Japanese shares . MSCI's broadest index ...
By Rina Chandran MUMBAI (Thomson Reuters Foundation) - Global clothing brands must take responsibility for the millions of workers in Asia who are poorly paid by suppliers and ignored by governments, said a campaigner for higher wages in the region, ahead of an International Labour Organization (ILO) conference. Asia accounts for more than 60 percent of the world's garment production, with the ...
HONG KONG (Reuters) - China's yuan fell to the sixth place in April among most-used currencies for global payments by value with a market share of 1.82 percent, global transaction services organisation SWIFT said on Thursday. The yuan jumped to the fourth place last August, but gradually lost growth momentum as the volatile foreign exchange rate and China's sluggish economy dampened foreign investors' ...
Volkswagen AG has made substantial progress toward reaching a final settlement by late June with car owners and the U.S. government over the German automaker's cheating on diesel emissions tests, a federal judge said on Tuesday.U.S. District Judge Charles Breyer in San Francisco also reiterated that a settlement will include "substantial compensation" for owners of 482,000 polluting vehicles that emit ...
Toyota Motor Corp said on Monday it will recall almost 1.6 million additional U.S. vehicles for front passenger side Takata air bag inflators that could rupture.Earlier this month, Takata Corp said it was declaring another 35 million to 40 million U.S. inflators defective at the urging of U.S. regulators, a move that more than doubles the number of inflators recalled. Faulty Takata inflators have been ...
  Cities   Price (10g)
  Chennai   Rs. 28730.00 (1.13%)
  Mumbai   Rs. 29740.00 (-0.13%)
  Delhi   Rs. 29200.00 (0%)
  Kolkata   Rs. 29350.00 (0%)
  Kerala   Rs. 28000.00 (0%)
  Bangalore   Rs. 28400.00 (0%)
  Hyderabad   Rs. 28470.00 (-0.11%)

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