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IT services provider Cognizant Technology Solutions Corp (CTSH.O) reported its slowest quarterly revenue growth in 14 years as its clients in the financial and healthcare services held back on spending. Shares of the company, which also forecast second quarter earnings below estimates, fell about 1 percent in premarket trading. "As anticipated, during the first quarter we saw softness in our healthcare ...

Sensex ends marginally lower

2016-05-06 16:41:17

After opening weak and staying notably lower till an hour past noon, the Indian stock market staged a fairly decent recovery thanks to some strong buying in select blue chips, but still ended on the negative side on Friday. The mood was cautious right through the session with investors tracking weak global cues and looking ahead to the monthly U.S. jobs data.The BSE benchmark Sensex ended down 33.71 ...
With gold at a two-month peak, is it really a good time for you to invest in gold? Let us examine the rate graph first. Gold rates have risen by over 20% in 2016. In Chennai, for instance, 22-carat gold began the year with rates at Rs 2376 a gram. On May 6 evening, gold was quoting at Rs 2853 a gram. 24-carat gold also mirrored this sharp rise in price. It began at Rs 2541 a gram and has climbed ...
Akshaya Tritiya, which falls on May 9, is not expected to see a sharp rise in demand since gold rates have risen to around Rs 30000 per 10 grams, according to one Indian jewellery trade body. They also see the drought plaguing many parts of India as another factor that could dampen rural demand and consequently sales. In fact, the All India Gems and Jewellery Trade Federation (AIGJTF) is expecting ...
With gold at a two-month peak, is it really a good time for you to invest in gold? Let us examine the rate graph first. Gold rates have risen by over 20% in 2016. In Chennai, for instance, 22-carat gold began the year with rates at Rs 2376 a gram. On May 6 evening, gold was quoting at Rs 2853 a gram. 24-carat gold also mirrored this sharp rise in price. It began at Rs 2541 a gram and has climbed ...
IT services provider Cognizant Technology Solutions Corp (CTSH.O) reported its slowest quarterly revenue growth in 14 years as its clients in the financial and healthcare services held back on spending. Shares of the company, which also forecast second quarter earnings below estimates, fell about 1 percent in premarket trading. "As anticipated, during the first quarter we saw softness in our healthcare ...
With gold at a two-month peak, is it really a good time for you to invest in gold? Let us examine the rate graph first. Gold rates have risen by over 20% in 2016. In Chennai, for instance, 22-carat gold began the year with rates at Rs 2376 a gram. On May 6 evening, gold was quoting at Rs 2853 a gram. 24-carat gold also mirrored this sharp rise in price. It began at Rs 2541 a gram and has climbed ...
IT services provider Cognizant Technology Solutions Corp (CTSH.O) reported its slowest quarterly revenue growth in 14 years as its clients in the financial and healthcare services held back on spending. Shares of the company, which also forecast second quarter earnings below estimates, fell about 1 percent in premarket trading. "As anticipated, during the first quarter we saw softness in our healthcare ...

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 ...
* April nonfarm payrolls up by 160,000 vs 202,000 expected * Job additions smallest in 7 months * Endo slumps; weighs on drugmakers * Square falls after results miss expectations * Indexes down: Dow 0.23 pct, S&P 0.31 pct, Nasdaq 0.45 pct (Adds details, comment, updates prices) By Tanya Agrawal May 6 (Reuters) - U.S. stocks were lower on Friday after April payrolls data showed employment ...
By Tanya Agrawal REUTERS - Wall Street opened lower on Friday after April payrolls data showed the U.S. economy added the fewest jobs in seven months, raising concerns that the weakness in overall economic activity was spilling over to the labor market. Nonfarm payrolls increased by 160,000 jobs last month, far below the 202,000 economists polled by Reuters had forecast on average. The number was ...
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy added the fewest number of jobs in seven months in April and Americans dropped out of the labor force in droves, signs of weakness that cast doubts on whether the Federal Reserve will raise interest rates before the end of the year. Nonfarm payrolls increased by 160,000 jobs last month as construction employment barely rose and the retail ...
* FTSEurofirst 300 down around 1 pct * ArcelorMittal lower after it leaves guidance unchanged * U.S. nonfarm payrolls increase less than forecast (ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon (see cpurl://apps.cp./cms/?pageId=livemarkets for site in development) Adds details, updates prices) By Sudip Kar-Gupta LONDON, ...
By Drazen Jorgic ISLAMABAD (Reuters) - Pakistan is wooing foreign car makers like Renault-Nissan with generous import duties, but convincing them to set up factories will be an uphill challenge given fears about the country's long-term political stability and security. Pakistan wants to shake up its Japanese-dominated car market and loosen the grip of Toyota, Honda, and Suzuki, whose locally assembled ...
By Drazen Jorgic ISLAMABAD (Reuters) - Suzuki plans to invest $460 million into Pakistan if the government provides the right incentives and amends its new auto policy, the company said on Friday. Pakistan in March announced a new auto policy that favours potential new entrants over existing manufacturers by offering them lower duties, part of a strategy to attract foreign car makers and loosen ...
  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%)

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