Dec 19, 2014 at 08:24 | Source: CNBC
Asian equities put up an upbeat performance on the final trading day of the week, following an inspiring US lead overnight.
Dec 19, 2014 at 07:58 | Source: Reuters
Brent had ended Thursday $1.37 lighter at $59.81 a barrel, while U.S. crude was hovering around $54.88 after losing more than $2
Dec 18, 2014 at 16:41 | Source: Moneycontrol.com
The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 2.66 percent and 3.3 percent, respectively. Advancing shares outnumbered declining ones by a ratio of 2171 to 693 on the Bombay Stock Exchange.
Dec 18, 2014 at 10:31 | Source: CNBC-TV18
Baba Kalyani also adds that GST is unlikely to generate any great operational efficiency for the company.
Dec 17, 2014 at 16:41 | Source: Moneycontrol.com
Caution also prevailed ahead of the outcome of the two-day FOMC meet, which will be announced later tonight.
Dec 17, 2014 at 08:31 | Source: Reuters
A year-end dearth of liquidity was leading to wild moves in even the most staid of assets. The oil-exposed Norwegian crown for instance, hit an all time low by one measure after carving out the widest daily trading range since the global financial crisis
Dec 17, 2014 at 08:19 | Source: CNBC
Brent for January delivery was trading at USD 59.15 on Tuesday morning and WTI crude was trading at USD 54.27, continuing a slide in global oil prices that began in June on the back of a glut in supply and lack of global demand.
Dec 16, 2014 at 16:52 | Source: Moneycontrol.com
The sell-off in banks, FMCG and metals stocks pulled the 30-share Sensex down 538.12 points or 1.97 percent to 26781.44. The 50-share NSE Nifty lost 152 points or 1.85 percent to close at 8067.60 on unwinding of derivative positions as well as offloading of shares by momentum players among FIIs.
Dec 16, 2014 at 16:39 | Source: Moneycontrol.com
Investors were also hurriedly buying shares of Jet Airways on hopes of lower aviation turbine fuel (ATF) price as Brent crude oil prices fell over USD 1 per barrel and below USD 60 for the first time since July 2009.
Dec 16, 2014 at 15:20 | Source: Moneycontrol.com
Low crude prices will help oil marketing companies reduce underrecoveries on sale of subsidised kerosene and LPG gas. These companies have already been earning income on petrol and diesel as Brent crude fell nearly 48 percent from June when the price was USD 115 a barrel.