Money News - Page 20

Decoding The Wolf of Wall Street - and it's not about the movie

The Martin Scorcese movie brought out many things about stock markets: issues of herding, momentum and information cascades that drive bull runs

Markets volatile, Nifty holds 6250, IT stocks fall on profit booking

After surging nearly 400 points on Monday, the Indian equity markets opened in the red today. The BSE Sensex fell 0.04 percent while the Nifty was down 0.02 percent. IT stocks fell on profit-taking after the recent run-up on Infosys better-than-expected quarterly results.<br /><br />

US jobs data: World stocks are rising but the dollar is slipping

World stocks rose towards a six-year high on Monday and the dollar and bond yields slipped as last week's weak U.S. jobs data strengthened the case for the Federal Reserve to keep interest rates low for longer.<br /><br />

Sensex marks biggest gain this year, closes above 21,000

It was a stellar rally on Dalal Street as the Sensex gained over 400 points ed by gains in IT, banking, capital goods and oil & gas stocks.

Sensex reclaims 21k: Why yen carry trade will ensure 'easy money' continues

The financial markets around the world will see foreign investors continuing to bring in more money. India should also benefit from the same over the next one year. Given this, the BSE Sensex should continue to go up till December 2014

Good news! You're going to get more on PFs after EPFO fixes rate at 8.75%

The EPFO has proposed an increase of service charges to Rs 75 and Rs 25 per month respectively for managing EPF and EDLI schemes for non-functional establishments having no contributory members.

JLR's record global sales makes Tata Motors stock a star performer today

In 2013, Land Rover sales rose 15 percent to 348,383 units while Jaguar nearly doubled its sales to 76,668 units. The Jaguar F-Type, the company's new sports car, and Land Rover's Range Rover Sport and Range Rover Evoque were favourites among buyers.<br /><br />

Good news: Sensex soars over 200 points, rupee at one-month high

Indian equity markets opened in the green today on positive global cues. surprisingly weak US jobs numbers have revived speculation the Federal Reserve could keep policy loose for longer. US payrolls rose just 74,000 in December, the smallest increase in nearly three years and far below the 196,000 forecast. Private payroll operator ADT calculated that the private sector added 238,000 new jobs in December.<br /><br />

All eyes on CPI: 10 things to know before the opening bell

All you need to know before the opening bell.

It hurts when people call Sebi activist working against biz interests: Sinha

On enforcement actions, Sinha said regulators across the world "are realising that passing a penalty order against the company is been taken as extra cost of doing business so now more and more penalty is been passed against individuals", and Sebi has been following the same

Does rise of AAP queer the pitch for stock investors?

The stock market are in neutral gear, thanks to the new uncertainty in politics: the AAP factor. Does this mean 2014 will again be a bad year for stocks?

BSE to launch interest rate futures trading from 20 Jan

Earlier last month,Sebi had permitted the stock exchanges to introduce cash-settled IRFs on 10-year government bonds, which has been a long pending demand of capital market participants.

Sensex ends flat ahead of inflation, IIP data; Infosys star performer

The BSE Sensex provisionally edged up on Friday after earlier hitting its highest intraday level in nearly a week as stocks of software exporters rose after Infosys Ltd's quarterly earnings beat market expectations.<br /><br />

Equity mutual funds see highest inflows in over two years in Dec

India's equity mutual funds witnessed the highest monthly inflows in more than two years in December, helped by new fund launches coupled with higher equity allocation as markets recovered in the back half of the year.<br /><br />

2014 start of bull cycle, Sensex may scale 24k peak by Dec: Deutsche Equities

Although the domestic economy has bottomed out, a recovery is likely to be gradual, showing a perceptible improvement only in the second half of the next fiscal year, once the private sector investment cycle starts to revive.

Govt defers SUUTI closure, sets up stake sale in private firms

The government has budgeted Rs 14,000 crore by way of residual stake sale in companies in which it does not hold a majority stake.

Sensex flat; Manappuram up 20% after RBI eases gold lending rules

The market has opened marginally higher. The Sensex is up 40.25 points at 20769.63, and the Nifty is up 7.10 points at 6181.70.

NSEL director Jignesh Shah quizzed again; focus now on broking firms

NSEL, where Shah is one of the Directors, is at the centre of a Rs 5,600-crore payment crisis which came to light in July last. Mumbai Police's Economic Offences Wing (EOW) is probing the scam.

RBI allows NBFCs to lend more against gold jewellery

RBI, however, clarified that the need to give a certificate on the purity of gold cannot be dispensed with.

Rupee rises 23 paise to 62.07 against dollar

The rupee bounced back and ended at the day's high of 62.07, a rise of 23 paise or 0.37 percent.

Bonds drop further, call rates remain stable

The 8.28 percent government security maturing in 2027 declined to Rs 93.04 from Rs 93.14, while its yield fell moved up to 9.18 percent from 9.17 percent.

Sensex snaps 5-day losing run, posts first daily gain this year

The BSE Sensex rose on Wednesday to mark its first daily gain this year, snapping a five-session losing run, as exporters such as Tata Consultancy services rose on hopes about their earnings, while Coal India surged on its interim dividend plan.<br /><br />

Changing the KYC: From Kick Your Customer to Know Your Customer?

The RBI should require a strong Proof of Identity (POI) for each and every customer and a documentary proof of one national address but waive the requirement of documentary proof for the current address, for the purpose of opening a full service bank account,"a report states.

Sensex in green; SpiceJet up 1.48% after it orders Boeing jets

The market opened in the positive terrain. The Sensex is up 73.75 points at 20766.99, and the Nifty up 15.80 points or 0.26% at 6178.05.

'Arrest Jignesh Shah,' NSEL investors urge Mumbai police

Over 200 aggrieved investors of the beleaguered National Spot Exchange Ltd (NSEL) demanded that the Mumbai Police arrest Jignesh Shah and other key accused, besides speeding up recovery from borrowers and defaulters within a stipulated time period.

Sensex extends 2014 retreat to fifth consecutive day

After opening in the green, Indian equity markets fell on on Tuesday, extending their weak start to the year to a fifth consecutive session, as software stocks including Infosys dropped on caution ahead of its October-December earnings results on Friday.<br /><br />

Sensex snaps four-day loss, Nifty tests 6200; IT stocks in red

The S&P BSE Sensex bounced back after falling for four consecutive days. The Sensex is up 72.26 points at 20859.56, and the Nifty is up 18.60 points at 6210.05.