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Sensex ends 70 points up

2016-08-24 16:50:00

Despite suffering a couple of setbacks - the first one a little past noon and the next an hour later, the Indian stock market closed modestly higher on Wednesday, thanks to some short-covering at some counters ahead of August series derivatives expiry.Global cues were mixed. While Asian markets mostly ended lower, major European markets opened on a positive note. Activity was stock specific.The Sensex ...
The market, which recovered from early afternoon lows, suffered a mild setback again about an hour later, but has since edged higher thanks to a few front line stocks finding some support.Short covering at some counters ahead of tomorrow's expiry of near month derivatives contracts resulted in a few stocks bouncing back from their lows. A fairly steady start in European markets is aiding as well.The ...
Gold was trading in a narrow range on Wednesday as investors waited for clues on whether the U.S. Federal Reserve would hike interest rates this year. At the end of the week, Fed Chair Janet Yellen is scheduled to address a gathering of global central bankers in Jackson Hole, Wyoming. Recent hawkish comments from some policymakers have raised investors' expectations that Yellen might also take a ...
Gold was mostly unchanged early on Wednesday as investors remained on the sidelines waiting for clues from the U.S. Federal Reserve later this week on whether it will raise rates this year. FUNDAMENTALS * Spot gold was nearly flat at $1,338.20 an ounce at 0059 GMT. * U.S. gold slipped 0.3 percent to $1,342.60 an ounce. * Amid conflicting signals from the Fed in recent days, central bankers ...

Sensex ends 70 points up

2016-08-24 16:50:00

Despite suffering a couple of setbacks - the first one a little past noon and the next an hour later, the Indian stock market closed modestly higher on Wednesday, thanks to some short-covering at some counters ahead of August series derivatives expiry.Global cues were mixed. While Asian markets mostly ended lower, major European markets opened on a positive note. Activity was stock specific.The Sensex ...
The market, which recovered from early afternoon lows, suffered a mild setback again about an hour later, but has since edged higher thanks to a few front line stocks finding some support.Short covering at some counters ahead of tomorrow's expiry of near month derivatives contracts resulted in a few stocks bouncing back from their lows. A fairly steady start in European markets is aiding as well.The ...
Estimated savings due to blocking of duplicate, fake, and inactive domestic LPG connections through the Pahal scheme was Rs 21261 crore, an official statement said on Tuesday. A Petroleum and Natural Gas Ministry statement said the Direct Benefit Transfer of LPG (DBTL), known as Pahal scheme, made it possible to block 3.34 crore connections. "As a result of implementation of DBTL (Pahal) mechanism, ...
Of the 50 new airports the government plans to make operational across the country over the next three years, at least 10 would be ready by next year, Civil Aviation Minister Ashok Gajapathi Raju said on Tuesday. "We are trying to ensure at least 10 new airports will be ready in a year for regular operations," Raju told reporters at an event in Mumbai, but did not name them. Noting that regional ...

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 Chuck Mikolajczak (Reuters) - U.S. stocks rose modestly on Tuesday, as gains in the tech sector helped buoy the Nasdaq to a record intraday high and solid housing market data provided more evidence the economy may be picking up momentum. With the U.S. earnings season winding down, investors are also turning their focus to the likelihood of an interest rate hike in the coming months. Federal ...
* Yellen to speak on monetary policy on Friday * Express Inc plunges after slashing forecast * Futures up: Dow 8 pts, S&P 1.25 pts, Nasdaq 4.5 pts (Adds details, comments, updates prices) By Yashaswini Swamynathan Aug 24 (Reuters) - Wall Street was set open little changed on Wednesday as investors kept up their wait for Federal Reserve Chair Janet Yellen's speech on Friday for clues on the ...
NEW DELHI, Aug 24 (Reuters) - Swedish home furnishing giant IKEA AB said it would continue doing business with Welspun India while it awaits the outcome of the Indian textile manufacturer's probe into its sales practices. Welspun's shares have plummeted this week after U.S. big-box retailer Target terminated business with the firm, saying it had passed off cheap sheets as premium Egyptian cotton. ...
Estimated savings due to blocking of duplicate, fake, and inactive domestic LPG connections through the Pahal scheme was Rs 21261 crore, an official statement said on Tuesday. A Petroleum and Natural Gas Ministry statement said the Direct Benefit Transfer of LPG (DBTL), known as Pahal scheme, made it possible to block 3.34 crore connections. "As a result of implementation of DBTL (Pahal) mechanism, ...
Luxury automaker Lamborghini expects to at least double production to 7,000 vehicles a year by 2019 once it rolls out a new SUV, but it will not lose its focus on making sports cars, Chief Executive Officer Stefano Domenicali said Tuesday. Domenicali told Reuters the company plans to cap yearly production of its supercars at 3,500. He also expects sport-utility vehicle production will be at least ...
By Jessica Dye NEW YORK (Reuters) - General Motors Co said Tuesday a Texas judge had denied its bid to throw out a lawsuit over a fatal 2011 crash blamed on a faulty ignition switch, after the company accused a car driver and his lawyers of fabricating evidence about the vehicle’s key. Harris County Judge Robert Schaffer said in his mid-trial ruling, however, that he would instruct jurors that ...
  Cities   Price (10g)
  Gold Rate in Chennai   Rs. 29880.00 (0.47%)
  Gold Rate in Mumbai   Rs. 30760.00 (0%)
  Gold Rate in Delhi   Rs. 30100.00 (0%)
  Gold Rate in Kolkata   Rs. 30420.00 (0.3%)
  Gold Rate in Kerala   Rs. 29150.00 (0.34%)
  Gold Rate in Bangalore   Rs. 29500.00 (0%)
  Gold Rate in Hyderabad   Rs. 29880.00 (0.47%)

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