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Shares of Adani group companies are down sharply this afternoon, with the bears running berserk at the counters.Adani Enterprises is down as much as 20% at Rs 119.70. Over 32 million shares have changed hands at the Adani Enterprises counter on the National Stock Exchange so far in the session.Adani Transmission is down 6.2% at Rs 79.30, slightly off the day's low of Rs 78.30. The Adani Transmission ...
The banking space is seeing some good buying today following remarks by the central bank governor Urjit Patel about ways to resolve the problem of stressed assets of banks.Speaking at the Columbia University, the Reserve Bank of India governor said that the central bank favoured consolidation of some public sector banks to create fewer but healthier banks and resolve the problem of stressed assets.Oriental ...
Gold recovered from a two-week low on Wednesday as speculators locked in some profit from recent losses, but some analysts expect further weakness due to easing political risks. Spot gold was up 0.1 percent at $1,264.40 at 1005 GMT. Earlier in the session, prices hit a low of 1,260.90, their weakest since April 11. U.S. gold futures edged down 0.1 percent to 1,265.80. Gold has shed about 3 ...
Gold fell to a two-week low on Wednesday as investor appetite for riskier assets surged on renewed optimism over the U.S. economy and as political uncertainty in France receded, softening demand for safe-haven assets. Spot gold was mostly unchanged at $1,263.55 at 0322 GMT. Prices touched a low of 1,260.90 earlier in the session, the lowest since April 11. Bullion fell 0.9 percent on Tuesday, ...
Shares of Adani group companies are down sharply this afternoon, with the bears running berserk at the counters.Adani Enterprises is down as much as 20% at Rs 119.70. Over 32 million shares have changed hands at the Adani Enterprises counter on the National Stock Exchange so far in the session.Adani Transmission is down 6.2% at Rs 79.30, slightly off the day's low of Rs 78.30. The Adani Transmission ...
The banking space is seeing some good buying today following remarks by the central bank governor Urjit Patel about ways to resolve the problem of stressed assets of banks.Speaking at the Columbia University, the Reserve Bank of India governor said that the central bank favoured consolidation of some public sector banks to create fewer but healthier banks and resolve the problem of stressed assets.Oriental ...
By Ludwig Burger FRANKFURT (Reuters) - German healthcare group Fresenius SE & Co KGaA has stepped up its dealmaking, agreeing to buy U.S. generic drugmaker Akorn Inc for $4.75 billion (4.37 billion euros) and the biosimilars arm of Germany's Merck KGaA. Takeovers were part of Fresenius's growth strategy under previous boss Ulf Mark Schneider, now leading Nestle. But his successor, former finance ...
Bengaluru: Infosys Ltd has opened a delivery centre in Croatia to offer research and development (R&D) and engineering services to its global clients in Eastern Europe, said the software major on Tuesday. "The delivery centre marks our expansion into Eastern Europe's heavy engineering sector, meet near-shoring requirements, support engineering clients worldwide and offer R&D services," said ...

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 ...
Shares of Adani group companies are down sharply this afternoon, with the bears running berserk at the counters.Adani Enterprises is down as much as 20% at Rs 119.70. Over 32 million shares have changed hands at the Adani Enterprises counter on the National Stock Exchange so far in the session.Adani Transmission is down 6.2% at Rs 79.30, slightly off the day's low of Rs 78.30. The Adani Transmission ...
Shares of leading realty firm Kolte-Patil Developers Limited hit a new high today after the company announced the signing of its largest private society redevefopment project till date on Wednesday. The stock spurted to Rs 204 around mid morning, and despite having shed some ground since then, still remains comfortably placed in positive territory at Rs 197, netting an impressive gain of  3.2%.The ...
NEW DELHI (Reuters) - India's finance minister Arun Jaitley said on Wednesday that the government has no plans to tax agricultural income, a day after a senior economic adviser touched a political nerve by proposing farmers pay income tax like people in cities. Economist Bibek Debroy, a member of the Policy Commission that serves as the government's own think-tank, told a news conference on Tuesday ...
(Reuters) - Indian shares ended at a record closing highs on Wednesday, buoyed by solid company results and higher global markets. The benchmark BSE Sensex closed up 0.63 percent at a record closing high of 30,133.35. The index hit an all-time high of 30,167.09 earlier in the session, surpassing a record last hit in March 2015. The broader NSE Nifty gained 0.49 percent to end at a record closing ...
A South Korean court on Wednesday ruled that the ride-hailing group Uber Technologies Inc illegally used private vehicles for commercial purposes, in the latest legal setback for the U.S. firm in Asia's fourth biggest economy.Uber's operations in South Korea were not expected to be impacted by the ruling, since it suspended its UberX service after prosecutors filed charges against the local unit in ...
After upending the taxi market with its ride-hailing service, Uber Technologies Inc is now aiming for the skies with its flying taxis.The company expects to deploy its flying taxis in Dallas-Fort Worth, Texas, and Dubai by 2020, Chief Product Officer Jeff Holden said at the Uber Elevate Summit in Dallas on Tuesday.Uber's flying taxis will be small, electric aircraft that take off and land vertically, ...
  Cities   Price (10g)
  Gold Rate in Chennai   Rs. 28420.00 (0%)
  Gold Rate in Mumbai   Rs. 28870.00 (0%)
  Gold Rate in Delhi   Rs. 28700.00 (0.7%)
  Gold Rate in Kolkata   Rs. 28870.00 (0%)
  Gold Rate in Kerala   Rs. 27900.00 (0%)
  Gold Rate in Bangalore   Rs. 27900.00 (0%)
  Gold Rate in Hyderabad   Rs. 28420.00 (0%)

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