Data News - Page 2

Nifty recovers from Tuesday shock, but still away from secure footing
A breakout past the swing high at 5,765 is required to indicate that a meaningful bottom is in place at Wednesday's low of 5,118.<br /><br />

Really? Study claims India has cheapest flights in world
A new report claims that India is the cheapest place in the world to catch a flight, but it's also still cheaper to take a bus.

Modi shutting the Planning Commission: All you need to know about the central body
The 64-year-old Planning Commission, a vestige of the socialist era, will soon become history as Prime Minister Narendra Modi announced its abolition this past Independence Day. The body will be replace by a more relevant institution.<br />

Why the govt should not delay its stake sale in SAIL
The government was to divest its stake in Sail by this month end but could now wait until August. Could this hit the sale?

These 3 graphics show why Infosys is confident of meeting its revenue guidance
Shares of Infosys slumped more than four percent in morning trade today after India's second-largest IT major reported a marginal miss in revenues for the first quarter of the current fiscal, while its all-time high attrition levels remain a big concern for investors.<br />

Think food prices are high in India? These graphics will surprise you
According to the United States Department of Agriculture--Economic Research Service, compared to the other countries, India spends the lowest amount on food.

Market is not looking at Budget 2014 but next government for gains
The Sensex and Nifty could go back to record highs on expectations of NDA led government at the center while bond yields are likely to stay ranged given worries of borrowing for next year and fiscal year end liquidity conditions

Live: Soon a demat account to keep all asset details, says FM
Interim budget for 2014-2015, which the government will unveil later today, will set the tone for the stock markets in near-term. Besides, global cues, movement of rupee and investment pattern of foreign institutional investors (FIIs) will also be important for the domestic indices.<br /><br />

SBI raises over Rs 7,000 cr in share sale via QIP
Today, the SBI counters closed almost flat at Rs 1,519 on the NSE, down 2.5 percent, which is 40 per cent below its 52-week high.

Centre may allow 100% FDI in high speed train systems
DIPP has reasoned that there was an urgent need to modernise, strengthen and expand the Indian railway network which would require very large capital investment.

Markets fall further, Sensex dips 200 points as Fed cuts stimulus
The Indian equity markets continued to fall further in mid-morning trade, marking their lowest intraday level since November 27 on risk-off mood in emerging markets.

Investment sub-limit for foreign fund in govt papers hiked
However, the total limit of $30 billion available for foreign investments in government securities has not been tinkered with.

Pre-2005 notes valid for commercial transaction till March: RBI
Last week RBI decided to completely withdraw from circulation all bank notes after 31 March.

IT dept to issue new PAN cards for Rs 105
CBDT has notified that individuals or others wanting PAN will have to furnish copies of proof of identity, address and date of birth attached with their application forms and they will be checked against their original documents.

Sensex falls after 'surprise' RBI hike, banks lead decline
Indian shares fell, with the Sensex and the Nifty down 0.4 percent each after being up slightly before the decision. Banks led declines, with ICICI Bank Ltd down 2.1 percent.<br /><br />

Rupee crosses 63, Sensex cautious after yesterday's massive sell-off
Investors world over are just coming to terms with the slowdown in China, weak emerging market currencies, high deficit in Japan and the worries on the impact of Fed tapering.<br /><br />

Why emerging markets are still prone to financial contagion
With the Fed scaling back the programme, that flow is reversing and the currencies of countries with the biggest economic and political problems - notably Argentina and Turkey - are diving.

Mobile phone shipments surpass 1 bn mark in 2013; Android, iOS continue to dominate
According to IDC, Android and iOS accounted for 95.7% of all smartphone shipments in the fourth quarter of 2013.

Buyers boycott property: Sales in Mumbai hit record 2-yr low
As many as 1.40 lakh housing units measuring 1,000 square feet remained unsold in Mumbai and the Mumbai Metropolitan Region (MMR) in the second quarter of the current fiscal.<br /><br />

Not done yet: Here's why the Nifty could bounce again
Given the that the market is in a bullish trend it could well end the current correction.

Sensex high: A correction to bullish market looks imminent
So while the bulls may me on the defensive right now, the playing field is still skewed in their favor.

Sensex, Nifty reach the first level of resistance
If the resistance level is broken the Sensex may head to 19,300 and the Nifty can target 5700.

A good time for equity bulls to book profits
One reason for the apprehension about going long now is that the bond market has not joined the equity market's celebration

Nifty support still intact, S&P breaks but forms a bullish candle
On a fundamental level, the market is showing that it was addicted to the easy money from the Federal Reserve.

Nifty falters back to support, but don't expect a selloff
The Nifty has not broken support, but the US markets have. The index to watch is the Nikkei, with the Japanese govt set to flood the economy with liquidity

Chart: Why markets may fall post Union Budget 2013
Over the past 20 years, the MSCI India has outperformed the MSCI EM on eight occasions in the month after the Budget. However, except for 1997, it is difficult to attribute these performances to the Budget, says Morgan Stanley<br /><br />

Budget 2013: Markets cheer for FM, current account deficit scare remains
FM has already stolen his own thunder by announcing a slew of measures outside the budget. The announcements resulted in the Sensex reaching its all-time high in 2013, after which it has only been consolidating.

Apple chart: Why iPhones, iPads are key to future results
Apple's biggest selling products are the iPhone and iPad. For most analysts, these are products that will define the company's future.

As US fiscal cliff looms, the markets will be jittery
The Republicans and Democrats are still far away from compromise over the tax increases and spending cuts that kick in automatically in January
