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U.S. and European shares rebounded from recent weakness on Friday, with reassuring U.S. retail sales data boosting sentiment, while U.S. crude prices rallied from more than 12-year lows. Banking shares in the United States and Europe spiked, with the S&P financial index <.SPSY> closing up 4 percent and the STOXX 600 Europe Banks index <.SX7P> gaining 5.6 percent. The U.S. S&P ...
U.S. stocks rallied on Friday, snapping a five-day losing streak in the S&P 500, as financial, commodity-related and other beaten-down shares rebounded. U.S. oil prices settled 12.3 percent higher, boosting energy shares <.SPNY> 2.6 percent. The materials sector <.SPLRCM> jumped 2.9 percent. Investors also snapped up battered shares of financials. U.S.-listed shares of Deutsche ...
Canada is one of the world's biggest gold producers, mining a little over 150 tonnes of gold annually. But it has not been keen to hold on to its gold reserves. The Canadian Broadcasting Corporation (CBC) reports how the gold reserves of Canada have shrunk from over 1000 tonnes of gold in 1965 to under a tonne now! This at a time when its next-door neighbour, the US of A, has raised its reserves ...
Gold on Friday clung to sharp overnight gains that pushed the metal to a one-year high, and looked set to post its best week in over four years as stock market turmoil stoked safe-haven demand. Bullion jumped 4 percent on Thursday, its biggest single-day percentage rally since 2013, and analysts and traders see more gains ahead if the weakness in equities persists. Asian shares slid as mounting ...
U.S. and European shares rebounded from recent weakness on Friday, with reassuring U.S. retail sales data boosting sentiment, while U.S. crude prices rallied from more than 12-year lows. Banking shares in the United States and Europe spiked, with the S&P financial index <.SPSY> closing up 4 percent and the STOXX 600 Europe Banks index <.SX7P> gaining 5.6 percent. The U.S. S&P ...
U.S. stocks rallied on Friday, snapping a five-day losing streak in the S&P 500, as financial, commodity-related and other beaten-down shares rebounded. U.S. oil prices settled 12.3 percent higher, boosting energy shares <.SPNY> 2.6 percent. The materials sector <.SPLRCM> jumped 2.9 percent. Investors also snapped up battered shares of financials. U.S.-listed shares of Deutsche ...
By Barani Krishnan NEW YORK (Reuters) - U.S. crude prices jumped more than 10 percent on Friday after a report once again suggested OPEC might resort to a production cut to reduce the world glut, and resilient stock markets added to the risk appetite in oil. In spite of the about-turn after one of the most volatile weeks for oil, prices were poised to end the week up to 7 percent lower. The United ...
New Delhi: Tata Group's retail firm, Trent Ltd, on Thursday said online retail giant Amazon has picked up a 26 per cent stake in its publishing arm Westland for Rs 9.5 crore."The investor would subscribe to Westland's share capital such that it holds 26 per cent of the Westland's share capital on a fully diluted basis, for an aggregate amount of approximately Rs 9.5 crore," Trent Ltd said in a filing ...

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 ...
NEW YORK, Feb 12 (Reuters) - U.S. stocks rallied on Friday, snapping a five-day drop in the S&P 500 as financial, commodity-related and other beaten-down shares rebounded. The Dow Jones industrial average was up 313.45 points, or 2 percent, to 15,973.63, the S&P 500 had gained 35.52 points, or 1.94 percent, to 1,864.6 and the Nasdaq Composite had added 70.68 points, or 1.66 percent, to 4,337.51. ...
* Financials' gains led by rebound in European banks * U.S. oil settles up 12 pct on renewed talk of OPEC cut * Indexes up: Dow 1.9 pct, S&P 1.9 pct, Nasdaq 1.7 pct (Updates to late afternoon) By Caroline Valetkevitch Feb 12 (Reuters) - U.S. stocks jumped on Friday, putting the S&P 500 on track to end a five-day losing streak, led by financial shares and gains in commodity-related shares. ...
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer spending regained momentum in January as households ramped up purchases of a variety of goods, in a hopeful sign that economic growth was picking up after slowing to a crawl at the end of 2015. But the outlook for consumer spending was tempered by another report on Friday showing sentiment among households ebbed in early February. Still, the ...
By Sumanta Dey REUTERS - Now markets have delivered their verdict on inflation - it's not picking up any time soon - economic data due next week will show whether price pressures are rising meaningfully or falling back in some of the world's major economies. A global rout in stock markets, currencies, commodities and bond yields has so far defined 2016 as investors have seemingly lost faith in ...
NEW DELHI (Reuters) - Sales of passenger cars and utility vehicles in India are expected to grow by as much as 12 percent in the fiscal year starting April 1, the country's automotive body said on Friday, higher than the 8 percent growth estimated for the current year. An expected revival in rural spending, which was hit by poor farm output due to drought, will push passenger vehicle sales higher, ...
Automaker Mahindra and Mahindra Ltd reported a 14 percent fall in quarterly net profit on Friday, missing analyst estimates, but said it expected a revival in the economy over coming quarters. Mahindra, India's top utility vehicle maker, said net profit for the three months ended Dec. 31 was 8.08 billion rupees ($118.2 million), down from 9.42 billion rupees a year earlier when it benefited from ...
  Cities   Price (10g)
  Chennai   Rs. 25020.00 (0.81%)
  Mumbai   Rs. 25890.00 (0.98%)
  Delhi   Rs. 25200.00 (-0.2%)
  Kolkata   Rs. 25480.00 (1.03%)
  Kerala   Rs. 24800.00 (0.61%)
  Bangalore   Rs. 25000.00 (0.81%)
  Hyderabad   Rs. 25080.00 (1.09%)

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