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By LONDON (Reuters) - Gold steadied around $1,300 an ounce on Thursday as a lower dollar and accommodative U.S. Federal Reserve monetary policy counterbalanced worries over the strength of Chinese demand and sales from gold-backed funds. Holdings in the world's biggest exchange-traded fund, SPDR Gold Trust, fell 8.39 tonnes to 798.43 tonnes on Wednesday, the biggest outflow since late December. ...
Gold prices strengthened further here on Thursday due to sustained off-take from stockists and retail consumers, amid supportive global sentiment. Snapping its two-day plunge, silver also rebounded sharply to reclaim the Rs 43,000 per kg mark on the back of heavy speculative buying as well as jewellery demand. Standard gold (99.5 purity) jumped by Rs 189 to quote at Rs 29,525 per 10 grams at 1700 ...
By LONDON (Reuters) - Gold steadied around $1,300 an ounce on Thursday as a lower dollar and accommodative U.S. Federal Reserve monetary policy counterbalanced worries over the strength of Chinese demand and sales from gold-backed funds. Holdings in the world's biggest exchange-traded fund, SPDR Gold Trust, fell 8.39 tonnes to 798.43 tonnes on Wednesday, the biggest outflow since late December. ...
Gold prices strengthened further here on Thursday due to sustained off-take from stockists and retail consumers, amid supportive global sentiment. Snapping its two-day plunge, silver also rebounded sharply to reclaim the Rs 43,000 per kg mark on the back of heavy speculative buying as well as jewellery demand. Standard gold (99.5 purity) jumped by Rs 189 to quote at Rs 29,525 per 10 grams at 1700 ...
Any investor, or trader for that matter, must have clear answers to a few questions. 1) Is the investor oriented to risk-reduction or return maximisation? 2) How does he/she define risk? Is he more averse to high short-term volatility or to prospects of permanent loss? 3) How disciplined is he? Will he pass up attractive opportunities, and be prepared to book losses, if that is what the methods ...

Inflows via P-notes shoot up

2014-04-17 03:03:00

The exposure taken by foreign investors through the participatory notes (P-notes) route is again on the rise. In February, investments through P-notes was at a three-month high and the number is set to grow further in March. Those tracking foreign inflows say the bulk of such investments in March might have come this way. P-Notes or PN are instruments issued by registered foreign institutional investors ...
Hero Motocorp's dominance in the entry bike segment is under threat with former ally-turned-adversary Honda getting uncomfortably close to it. Hero Splendor which is the largest selling brand in the entry bike segment for two decades has been dethroned by Honda Activa, the country largest selling scooter.For the second time in the last financial year the Honda Activa outsold Hero's Splendor with a ...
Standard and Poor's may upgrade India's outlook if the government that is elected next month addresses some of the country's fiscal and economic challenges through steps such as passing a goods and services tax."If in the future they implement policies that effectively addresses some of the credit weaknesses that I have highlighted, we could revise the outlook to stable again," said S&P senior director ...

Sensex spurts 352 points

2014-04-17 16:43:25

After opening on a cautious and slightly listless note, the Indian stock market kept surging higher as the session progressed on Thursday, with investors lapping up stocks across the board.Expectations of a business friendly government post the ongoing Lok Sabha polls, a likely upgrade in India's investment rating by Standard & Poor's and strong results from IT majors lifted sentiment.Snapping a three-session ...
European shares edged lower on Thursday, weighed down by companies reporting earnings that were knocked by currency effects and weak demand from China, confirming a poor start to the earnings season in Europe. Trade was subdued, with investors unwilling to place strong bets on moves in either direction before a four-day weekend for European markets. Top faller on the pan-European FTSEurofirst 300 ...
By Ayai Tomisawa TOKYO (Reuters) - Japan's Nikkei share average advanced on Friday after upbeat U.S. economic data and corporate earnings bolstered investors' risk appetite. The Nikkei was up 0.4 percent at 14,474.83 in midmorning trade after ending flat at 14,417.53 the previous day. For the week, the Nikkei has added 3.7 percent, and is poised to post its biggest weekly rise in two months. ...
By Lauren Tara LaCapra (Reuters) - A year ago, soon after Morgan Stanley posted disappointing quarterly earnings, Chairman and Chief Executive Officer James Gorman told board members the bank was on the right track and investors who sold shares had made a mistake. On Thursday, Gorman proved himself right, by showing that his plan to lighten up trading risk and focus on wealth management is paying ...
By Lauren Tara LaCapra (Reuters) - A year ago, soon after Morgan Stanley posted disappointing quarterly earnings, Chairman and Chief Executive Officer James Gorman told board members the bank was on the right track and investors who sold shares had made a mistake. On Thursday, Gorman proved himself right, by showing that his plan to lighten up trading risk and focus on wealth management is paying ...
* S&P 500 scores biggest weekly percentage gain since July * Morgan Stanley, GE shares rally after results * Google, IBM shares fall a day after posting earnings * Dow off 0.1 pct; S&P 500 up 0.1 pct; Nasdaq up 0.2 pct (Updates to close) By Ryan Vlastelica NEW YORK, April 17 (Reuters) - U.S. stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched ...
Hero Motocorp's dominance in the entry bike segment is under threat with former ally-turned-adversary Honda getting uncomfortably close to it. Hero Splendor which is the largest selling brand in the entry bike segment for two decades has been dethroned by Honda Activa, the country largest selling scooter.For the second time in the last financial year the Honda Activa outsold Hero's Splendor with a ...
Japanese carmaker Nissan Motor Co is going for a facelift to stand out from the crowd. In an increasingly competitive global market - in China alone there are some 80 automakers battling for sales - Nissan plans to put a V-shaped front grille design on most of its models to give itself a "distinct, unified face", says global design chief Shiro Nakamura. "Before, we didn't really feel a pressing ...
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