After three weeks of weakness, Indian equity markets are off to a good start today with the Sensex up more than 200 points and Nifty reclaiming the psychological 6000 mark
The poor showing comes at a bad time for an industry already under pressure from a market regulator angry about results and an ongoing exodus of retail investors from Indian stocks.<br /><br />
If a series of smaller financial market bubbles deflate or even burst there will still be a lot of agony, investment strategists warn
Axis Bank, Bank of Baroda, State Bank of India and ICICI Bank may play a key role in keeping the bank index under pressure.
Indian markets closed flat after a massive two-day sell off. While BSE Sensex closed 0.18 percent higher at 20265, NSE Nifty closed 0.06 percent lower at 5995.
If Torrent wins the bid, it would help the company build a strong portfolio of multi vitamin and nutrition products - a space where a it is lagging as compared to some other big pharma players.
We also asked readers whether they had any suggestions on this. We have got a few responses. Among them some were very creative, others simply common sense.
Renewed talk of an early cutback in the US Federal Reserve's stimulus sent the dollar back above 100 yen on Thursday while driving government bonds yields higher and world shares lower.<br /><br />
Just when the markets were rallying, convinced that the US Fed will not taper its stimulus till next year, Federal Reserve chief Ben Bernanke dropped a bombshell, indicating that the withdrawal of easy money could happen this year itself. The result? A massive sell off in the stocks points.<br /><br />
After pumping in around $6 billion in Indian cash shares since late August, foreign institutional investors (FIIs) are slowing their pace of purchases.<br /><br />
Clearly, ATMs have become the most dependable spots for making financial transactions. Banks are also increasing number of their ATMs. But what's the use if they are turning out to be unsafe spots?
stocks fell after meeting minutes indicated that Federal Reserve officials in October stuck to the view that the central bank might begin winding down bond purchases in the "coming months.
Indian markets ended a volatile session in red today as investors booked profits after a strong three-day rally. <br /><br />
Shares in sugar companies surged on hopes a government committee headed by Farm Minister Sharad Pawar may decide on Wednesday to announce financial assistance for struggling sugar mills as well as an increase in import duties on raw sugar to halt cheaper imports and strengthen domestic prices.<br /><br />
The Nifty opened below 6200, down 16.50 points at 6186.85. The Sensex is down 57.03 points at 20833.79.
Following the spike in yields, the Reserve Bank Governor Raghuram Rajan on 13 November, had announced some measures including to conduct an open market operation.
The BSE Sensex and the Nifty rose for a third consecutive session to their highest closing levels in nearly two weeks on Tuesday, as a rally in debt markets boosted banks, the biggest holders of bonds, while broader sentiment remained underpinned by global factors.<br /><br />
Sebi's new circular ensures that stock exchanges not only monitor all compliances but also compare them with previous quarters. With this in view, it has asked stock exchanges to set up monitoring cells within the exchange.
When it comes to kids today, just imparting regular education is not enough. They have to be made financially literate as well.
The Sensex is up 60.82 points at 20911.56, and the Nifty is up 14.95 points at 6203.95.
The bold monetary experiment that the Indian and Chinese central banks engaged in this year might one day be hailed as a success. So far, the result has been unprecedented market volatility and little else. Both central banks are looking to liberalise their markets, but the PBOC and RBI are adopting a similar policy strategy in very different situations and for different reasons.<br /><br /> <br /><br /> <br /><br />
HSBC Global Asset Management expects emerging market stocks to play catch-up with those in developed economies, with China's relatively cheaper shares well positioned to lead the rebound.<br /><br />
Global markets had moved up on Thursday after Janet Yellen, nominated by President Barack Obama to lead the Fed, indicated the stimulus programme would continue. Yellen had<br /><br /> said the US economy has farther to go to regain lost ground, according to a statement on the Fed website
Foreign institutional investors (FIIs) have raised theirexposure in 13 out of the 16 major Tata companies in thequarter ended September, 2013, as per the latest shareholdingdata of these companies.<br /><br />