Sections
Shows
Investing News - Page 13
Gold up after ECB comments boost euro
Gold climbed towards $1,660 an ounce on Thursday after European Central Bank president Mario Draghi said the supply of cheap money released by the bank was helping stabilise the banking system and lift the eurozone economy, boosting the euro.
HSBC cuts target for RIL on lower gas output, stock down
HSBC also expects RIL to report sequentially lower earnings in the next two quarters.
Kotak downgrades HUL on declining rupee, packaging norms
"In the balance, we see downside risks to HUL's business emerging," said Kotak in a note.
Deutsche upgrades NTPC to buy on volume growth
The bank said that volume recovery due to high base of hydro and nuclear energy and low availability of low-cost energy would bring back operating leverage for the company.
US stocks off 5-month high as energy shares drag
Stocks pulled back from five-month highs in early trading on Wednesday, with pressure on the euro testing the view that US equities were decoupling from the single currency.
Infosys shares drop ahead of quarterly results
Shares of software major Infosys today lost over 1 percent on the bourses, as investors adopted a cautious approach ahead of the company's third quarter financial results tomorrow.
Upsurge in deal activity, PE investment at $10 bn in 2011
In 2011, investments worth $10.1 billion were announced by way of 441 deals, compared to $ 8.1 billion through 362 deals in the previous year.
Deutsche Bank downgrades Cairn India on rising oil prices
The bank has raised the target price for Cairn India to Rs 350 from Rs 330 mainly on an assumption of higher exchange rate
Deutsche upgrades HPCL, BPCL on cheap valuations
The stocks are now trading at close to their five-year lows on PBV, said the bank on Tuesday.
Gold advances on strong physical demand
Gold today climbed for the first time in three days on speculation that physical demand was strengthening, while low interest rates and central bank easing may also benefit bullion.
Commodities outlook leads US stocks to five-month high
Stocks hit a five-month high on Tuesday after strong import data from major metals consumer China and a bullish forecast by Alcoa boosted the outlook for commodities companies.
Deutsche Bank sets Sensex year-end target at 18,000
It sees restoring confidence in the capital markets as likely to be the strongest starting point for the government to make policy changes.
Sensex companies' profit to rise by 9.2 percent: BoFA
Infosys, ICICI, HDFC Bank, State Bank of India and ITC are expected to be the key contributors to growth of profit by 9.2 percent predicted for Sensex companies.
Why Morgan Stanley upgraded Bank of Baroda
The research house said in a note Bank of Baroda's ability to withstand a more intense asset quality cycle is relatively better than other state-run banks.
UBS upgrades Hero MotoCorp on positive growth, strong margins
The investment bank has reduced the target price for the stock to Rs 2,250 from Rs 2,320, based on it valuation methodology.
US bank shares lift markets
Stocks edged higher on Monday led by technology and bank shares as investors prepared for the start of the US corporate earnings season.
Macquarie upgrades ICICI Bank on improved margins
The house has reduced target price for ICICI Bank to Rs 855 from Rs 920, driven by a lower valuation for the core business as well as the insurance business.
Gold slides on strong dollar, eurozone concerns
Gold fell on Friday as a stronger dollar and worries over Europe's debt crisis knocked appetite for bullion.
US stocks fall as Europe fears persist
Stocks fell on Friday despite a strong jobs report as concerns about Europe's debt crisis stayed in the spotlight, keeping investors away from riskier assets.
Hindustan Copper, MMTC gain on new buyback, stake sale norms
Though a decision on disinvestment through buybacks is put off for now, the market is pricing in a potential fund raising by select state-run companies
Credit Suisse intitiates outperform on Gujarat Pipavav
The research house said a strong parent in Maersk Lines gives the company critical mass of volume and visibility.
SEBI fines two persons Rs 60 lakh for insider trading
SEBI has imposed a penalty totalling Rs 60 lakh on Ranbaxy Laboratories' former Independent Director, VK Kaul, and his wife for insider trading in the purchase and sale of scrips of Orchid Chemicals & Pharmaceuticals Ltd.
US stocks drop as focus shifts to Europe
Stocks fell on Wednesday after a sharp rally in the previous session as investors set their sights again on Europe's debt problems.
Oil jumps to over $101 amid rising Iran tensions
Oil prices jumped to over $101 a barrel on Tuesday amid concerns that rising tensions between Western powers and Iran could lead to crude supply disruptions.
Tulip Telecom CMD pledges 39 lakh shares
Tulip Telecom Chairman and Managing Director HS Bedi has pledged an additional 39 lakh shares to various entities.
US stocks jump 2% after factory, construction data
Wall Street stocks kicked off 2012 with a sharp rally on Tuesday after data showed US manufacturing activity and construction spending picked up.
Sensex can reach 18,500 by year-end: BNP Paribas
It is overweight on telecom, auto and utility companies as they have visible cash flows and earnings visibility
US stocks edge up, add to recent gains
Stocks edged higher in early trading on Tuesday, adding to recent gains, but investors mostly stayed on the sidelines in a session expected to produce light volume.
Bharati Shipyard rises 8% after board okays debt recast
The company's shares opened on an optimistic note and the scrip jumped to an early high of Rs 73.70, up 7.66 percent from its previous closing price on the BSE as trade progressed.