Web Sify
Follow us on

Article gallery

U.S. stocks posted their largest weekly drop in more than two months on Friday as earnings reports continued to weigh, but the S&P 500 and Dow managed to close up for April after strong showings mid-month. Company results once more gave the market direction as a 9 percent decline in Gilead Sciences shares weighed the most on both the S&P and the Nasdaq Composite. Apple shares were down ...
Gold and silver prices rallied 2 percent to their highest since January last year on Friday as the Bank of Japan's decision the previous day to hold off expanding monetary stimulus weighed heavily on the dollar, and European and U.S. stocks fell. The yen hit an 18-month peak versus the U.S. currency and was on course for its biggest weekly gain since the 2008 financial crisis, with poor U.S. growth ...
Gold and silver prices rallied 2 percent to their highest since January last year on Friday as the Bank of Japan's decision the previous day to hold off expanding monetary stimulus weighed heavily on the dollar, and European and U.S. stocks fell. The yen hit an 18-month peak versus the U.S. currency and was on course for its biggest weekly gain since the 2008 financial crisis, with poor U.S. growth ...
Banks have collected about 1500 kg of gold from temples and trusts under the Gold Monetisation Scheme (GMS) since its launch last November. Under the GMS, 2015 approximately 1512 kg of gold has so far been deposited by temples or trusts, Minister of State for Finance Jayant Sinha said in a written reply to Lok Sabha today. "GMS was launched on November 5 and it is too early to make an assessment ...
By Jessica Macy Yu and Sue-Lin Wong BEIJING - Activity in China's manufacturing sector expanded for the second month in a row in April but only marginally, an official survey showed on Sunday, raising doubts about the sustainability of a recent pick-up in the world's second-largest economy. The official Purchasing Managers' Index (PMI) rose to a less-than-expected 50.1 in April, easing from March's ...
By Jonathan Stempel and Trevor Hunnicutt OMAHA, Neb. (Reuters) - Warren Buffett said on Saturday that Berkshire Hathaway Inc is poised to do well no matter who wins the White House in November, and the billionaire investor defended the performance and tactics of the conglomerate's several large investments. Buffett presided over his 51st Berkshire annual meeting in Omaha, Nebraska, where he and ...
By S. Anuradha and Sumeet Chatterjee SINGAPORE/HONG KONG, (Reuters) - British telecoms operator Vodafone has picked Bank of America Merrill Lynch (BofA), Kotak Investment Banking and UBS as joint global coordinators of its Indian unit's IPO, people familiar with the matter said, kicking off its long-awaited listing plan. The IPO is expected to raise between $2 billion–$2.5 billion, Reuters previously ...
* Vodafone hires a total of six banks * IPO could raise between $2bln-$3 bln * Likely launch early next year * Proceeds to be used for expansion (Changes sourcing; adds expected timing and other details of IPO plan) By S. Anuradha and Sumeet Chatterjee SINGAPORE/HONG KONG, April 30 (Reuters) - British telecoms operator Vodafone has picked Bank of America Merrill Lynch (BofA), Kotak Investment ...

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 ...
SAN FRANCISCO (Reuters) - A Facebook Inc shareholder filed a proposed class action lawsuit on Friday in a bid to stop the company's plan to issue new Class C stock, calling the move a "patent attempt" to entrench chief executive Mark Zuckerberg as controlling shareholder. The lawsuit, filed in the Delaware Court of Chancery, comes two days after the social networking company announced its plan to ...
By Rodrigo Campos NEW YORK (Reuters) - U.S. stocks posted their largest weekly drop in more than two months on Friday as earnings reports continued to weigh, but the S&P 500 and Dow managed to close up for April after strong showings mid-month. Company results once more gave the market direction as a 9 percent decline in Gilead Sciences shares weighed the most on both the S&P and the Nasdaq Composite. ...
By Jessica Macy Yu and Sue-Lin Wong BEIJING - Activity in China's manufacturing sector expanded for the second month in a row in April but only marginally, an official survey showed on Sunday, raising doubts about the sustainability of a recent pick-up in the world's second-largest economy. The official Purchasing Managers' Index (PMI) rose to a less-than-expected 50.1 in April, easing from March's ...
By Edward Taylor and Andreas Cremer FRANKFURT/BERLIN (Reuters) - Frustrated with the pace of reform at Volkswagen , shareholder Qatar has asked the carmaker for a seat on the company's powerful executive committee but has met with substantial opposition, two sources familiar with the matter said on Friday. Qatar, the company's third-largest shareholder with a 17 percent stake, wants to join the ...
WASHINGTON (Reuters) - Nissan Motor Co Ltd said on Friday it will recall 3.53 million vehicles, most in the United States, citing passenger-side air bags that may not work properly because vehicle sensors may malfunction. The Japanese automaker said this is the fourth recall since 2013 to address problems with occupant classification systems that may fail to properly identify adult front seat passengers. ...
By Edward Taylor and Andreas Cremer FRANKFURT/BERLIN (Reuters) - Frustrated with the pace of reform at Volkswagen , shareholder Qatar has asked the carmaker for a seat on the company's powerful executive committee but has met with substantial opposition, two sources familiar with the matter said on Friday. Qatar, the company's third-largest shareholder with a 17 percent stake, wants to join the ...
  Cities   Price (10g)
  Chennai   Rs. 27580.00 (0.18%)
  Mumbai   Rs. 28700.00 (0%)
  Delhi   Rs. 27700.00 (0.73%)
  Kolkata   Rs. 28270.00 (0%)
  Kerala   Rs. 27050.00 (0.74%)
  Bangalore   Rs. 27350.00 (1.11%)
  Hyderabad   Rs. 27660.00 (1.21%)

talking point on sify finance