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With a few blue chips finding support at lower levels and recording notable gains, the market looks headed for a slightly positive close today.Meanwhile, investors are looking ahead to the outcome of the U.S. Federal Reserve's monetary policy meeting. The Fed is widely expected to hold rates. The post meeting speech is likely to provide clues about the timing of next rate hike by the Federal Reserve.The ...
After a firm start and a subsequent sharp upmove, the Indian stock market pared its gains today, with investors booking profits at several counters from across various sectors.The Sensex, which plunged to 27,899.93, losing more 300 points from the day's high, is now down 13.72 points at 27,962.80. The Nifty50 of the National Stock Exchange is up 7.70 points or 0.1% at 8598.35, well off the day's high ...
Gold steadied near $1,320 an ounce on Wednesday as traders awaited the outcome of a two-day Federal Reserve policy meeting later, which will be closely watched for any clues on the scale and pace of interest rate hikes this year. Spot gold was at $1,320.12 an ounce at 0930 GMT, little changed from $1,319.84 late on Tuesday. U.S. gold futures for August delivery were down 10 cents at $1,320.70. ...
Gold edged slightly lower on Wednesday as the dollar and equities firmed ahead of the U.S. Federal Reserve's policy decision due later in the day. The Fed is expected to keep interest rates unchanged, deferring any possible increase until September or December, as policymakers hold out for more evidence of a pickup in inflation. Asian stocks inched up early on Wednesday following a relatively upbeat ...
July 31 is the deadline for filing your Income Tax returns for FY 2015-16. It is an important deadline primarily because if you file your returns by then you avail yourself the option of filing a revised return in case of any mistake you might have made in your declaration. Section 139(5) of the Income Tax Act is what will keep you filing from a revised return in case you file your declaration post ...
By Barani Krishnan NEW YORK (Reuters) - Oil prices tumbled 2 percent on Wednesday, hitting two-month lows, after a surprise build in U.S. crude and gasoline inventories despite the peak summer driving season as refiners cut production amid faltering demand and profits. The U.S. Energy Information Administration (EIA) said crude stockpiles rose 1.7 million barrels last week, instead of falling 2.3 ...
The appointment of Dr Gita Gopinath, the first Indian woman to become a tenured Professor at the famed Harvard University's economics department, as economic advisor to Kerala Chief Minister Pinarayi Vijayan has not gone down well in leftist circles. Former vice-chairman of the Kerala planning board and noted Marxist economist Prabhat Patnaik was among those who warned the Kerala government against ...
By Saikat Chatterjee HONG KONG (Reuters) - Asian stocks settled near one-year highs on Wednesday while the safe-haven yen slumped after Japan's government announced a larger-than-expected economic stimulus package, which led most of the region's bourses higher. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.1 percent, reversing earlier gains, having previously climbed to ...

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 ...
* European shares rise, DAX recoups post-Brexit losses * Autos top sectoral gainers after Peugeot's record earnings * Deutsche Bank slips on poor results, modest capital improvement * Ingenico top STOXX faller after interim results (Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) Adds details, updates ...
By Herbert Lash NEW YORK (Reuters) - The yen eased against the dollar on Wednesday after Japan unveiled a surprisingly large $265 billion stimulus package, while U.S. equity markets pared early gains as investors awaited the end of two-day meeting of Federal Reserve policymakers. The earlier-than-expected announcement to boost the flagging Japanese economy lifted Asian stock markets but weighed ...
NEW DELHI (Reuters) - The Indian government on Wednesday made crucial ammendments to its goods and services tax bill in a move to enlist the support of opposition parties as well as state governments. The proposed tax reform, the biggest since India's independence from Britain in 1947, seeks to replace a slew of taxes and levies in 29 states, transforming the nation of near 1.3 billion people into ...
The appointment of Dr Gita Gopinath, the first Indian woman to become a tenured Professor at the famed Harvard University's economics department, as economic advisor to Kerala Chief Minister Pinarayi Vijayan has not gone down well in leftist circles. Former vice-chairman of the Kerala planning board and noted Marxist economist Prabhat Patnaik was among those who warned the Kerala government against ...
* European shares rise, DAX recoups post-Brexit losses * Autos top sectoral gainers after Peugeot's record earnings * Deutsche Bank slips on poor results, modest capital improvement * Ingenico top STOXX faller after interim results (Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) Adds details, updates ...
(Adds company news) July 27 (Reuters) - Britain's FTSE 100 index is seen opening up 14 to 16 points, or 0.2 percent, on Wednesday, according to financial bookmakers, with futures up 0.1 percent ahead of the cash market open. * The UK blue chip index closed 0.2 percent higher on Tuesday at 6,724.03 points, driven by gains in lender Provident Financial, engineering firm GKN and BT, though housebuilders ...
  Cities   Price (10g)
  Gold Rate in Chennai   Rs. 29430.00 (0.24%)
  Gold Rate in Mumbai   Rs. 30650.00 (-0.39%)
  Gold Rate in Delhi   Rs. 30000.00 (0%)
  Gold Rate in Kolkata   Rs. 30350.00 (0%)
  Gold Rate in Kerala   Rs. 28350.00 (0%)
  Gold Rate in Bangalore   Rs. 29150.00 (-1.42%)
  Gold Rate in Hyderabad   Rs. 29430.00 (-0.47%)

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