However, the momentum in Twitter shares seem to be falling already and analysts have begun to question the company's current valuations vis-a-vis Facebook and LinkedIn, arguing on better margins and larger size for the two.
The stock market sentiment was positive during the week gone by with the index posting a 3% gain. Though the recovery was impressive, the Nifty is still trading below the key resistance at 6,250. The upside move would gain momentum on a breakout past this resistance.<br /><br />
The benchmark Sensex climbed 257 points on broad-based buying, led by bank stocks, and notched up its first weekly gain in four amid optimism before the release of India's second-quarter GDP data later today.<br /><br />
For the Indian stock market to continue going up, and for the so called "Modi" rally to continue, the foreign investors need to continue bringing in money into the country.
As per the Reserve Bank of India's guideline, after 30 November all transactions at merchants outlets will need to be validated using your automated teller machine PIN.
The Sensex is up 240.35 points or 1.17 percent at 20775.26, and the Nifty is up 75.65 points or 1.24 percent at 6167.50
MCX-SX suffered a major loss of investor consequence due to the scandal at NSEL.
As per existing norms, an NBFC cannot hold more than 50 percent of the paid-up capital of an insurance joint venture.
Mayaram also said he is confident of meeting the divestment target of Rs 40,000 crore, though seven months into the fiscal they has been able to garner only about Rs 1,150 crore.
Indian equity markets closed in the green on positive global cues. World shares rose toward six-year highs on Thursday after sentiment was boosted by a batch of strong US economic data.<br /><br />
Nomura is the third multinational brokerage after Wall Street giant Goldman Sachs and CLSA to come out with an open political statement supporting the candidacy of Modi for the top political job in the country.<br /><br />
The new insider trading regulations would replace the nearly two-decade old set of norms.<br /><br />
They are not too keen on buying cars or homes, that too loans. What this means is that banks have little business coming their way. In order to find a way out of this low demand, they are coming out with various discount offers and schemes.
Indian markets ended absolutely flat today as investors were cautious ahead of ahead of expiry of November derivatives contracts on Thursday.<br /><br />
Given the increase in credit credits and the proportionate rise in types of frauds attached to them, there is no harm in assuming that credit cards are the mother of greed. Here is an addition to the list.
The Sensex is down 7.95 points at 20,417.07, and the Nifty is down 3.90 points at 6,055.20.
Here are 10 things you should know before the Indian markets open.
Analysts say the sale of W&M, while reducing the company's debt, may already be reflected in United Spirits' shares, which have risen more than five-fold since the start of 2012.<br /><br />
The Sensex is down 5.54 points at 20599.54, and the Nifty down 16.10 points at 6099.25.
But if you are someone who has still not heard from the IT department, and wonder whatever happened to your refund, here are five easy steps to follow:
Here are three reasons why the markets may be over reacting to the deal
Indian equity markets surged in trade today on hopes that lower crude prices after the Iran deal may ease inflation and India's current account deficit.<br /><br />
Market participants said MFs have shown interest in the banking stocks during the past two months (September-October) primarily on account of measures announced by the new Reserve Bank Governor Raghuram Rajan coupled with overall surge in the stock market.<br /><br />
Shares of state-run oil marketing companies gained after Brent crude drops more than $2 a barrel on Monday as supply fears ease following a breakthrough nuclear deal between world powers and Iran over the weekend.
Here are a few things to know about such accounts and how to redeem the funds stuck in them:
The assumption is that the new government will act in a decisive manner and introduce bold new reforms.<br /><br />