Oil slides in thin trade on rising U.S. rig count| Reuters
Jul 03, 2015 at 23:30 | Source:
Oil prices dropped on Friday as a rising U.S. rig count stoked more concern about global oversupply while the opening of an investigation by Chinese regulators into suspected stock market manipulation further unsettled the market.A sharp move lower i...
Dollar dips after disappointing U.S. jobs data| Reuters
Jul 03, 2015 at 07:15 | Source:
TOKYO The dollar slipped in early Asian trading on Friday, as disappointing U.S. employment data and caution ahead of Greece's referendum on bailout conditions kept the market mood subdued.Against its Japanese counterpart, the dollar was buying 122.8...
Sensex crosses 28000: 4 reasons why investors are buying despite
Jul 01, 2015 at 12:44 | Source:
Even as the Greece debt crisis continue to create havoc in European markets, Indian equities are continuing their uptick today.The key benchmark Sensex opened on a firm note and raced past the crucial 28,000 mark.At 10.50 am, the 30-share BSE S&a...
Greek drama not likely to waylay Federal Reserve | Reuters
Jun 29, 2015 at 23:15 | Source:
WASHINGTON The fuse may be lit for a Greek exit from the euro zone but the fallout in the United States is expected to be modest and not enough to throw the Federal Reserve's likely September rate hike off course, said former Fed officials and outsid...
Calm in Europe markets as Greece inches closer to default| Reuters
Jun 20, 2015 at 00:45 | Source:
LONDON Calm dominated European stock and markets on Friday as investors hoped an emergency meeting of euro zone leaders next week would allow Greece to avoid default later this month.The subdued reaction of many markets in recent weeks supports those...
News Corp must face Dial, Heinz ad monopoly class action - judge| Reuters
Jun 19, 2015 at 22:45 | Source:
NEW YORK News Corp has been ordered by a Manhattan federal judge to face a class action lawsuit accusing it of monopolizing the market for in-store promotions at some 52,500 retail stores across the United States.U.S. District Judge William Pauley sa...
Sensex rises 190 pts to rise past 27,300 as monsoon concerns ease
Jun 19, 2015 at 11:12 | Source:
The new-found buoyancy in local share markets in the last few trading sessions extended in early Friday trade, with the benchmark Sensex topping the 27,300-mark to touch a high of 27,305, up 189 points, amid all-round buying support.Worries of higher...
Dollar outlook darkens, sterling shines| Reuters
Jun 19, 2015 at 06:30 | Source:
SYDNEY The dollar wallowed at a fresh one-month low against a basket of major currencies early on Friday, as tame U.S. inflation data added to uncertainty over when the Federal Reserve will begin raising interest rates.A measure of core inflation ros...
Sensex above 27,000-mark as Reliance Industries lead the march
Jun 18, 2015 at 10:50 | Source:
Local shares were in the thick of action in early trade with benchmark Sensex edging past the 27,000-mark after a firm opening, as investors took cues from positive close in the US markets and stepped up value buying in beaten-down stocks followingth...
Sensex ends 146 pts higher, extends gains for fourth straight session
Jun 17, 2015 at 16:49 | Source:
Domestic equities extended gains for the fourth straight session on Wednesday, as investors resorted to further short covering after the recent correction with overnight gains in the US markets and firm European indices in early trade helping the sen...
Cipla seeks expansion with increased focus on emerging markets
Jun 17, 2015 at 16:11 | Source:
Mumbai: Cipla Ltd, India's fourth-largest drugmaker by sales, is planning to enter Latin America and Eastern Europe to tap into growing demand for generic drugs in emerging markets, chief executive Subhanu Saxena said.More than a decade after it made...
Sensex plunges 470 pts as monsoon woes resurface, Nifty ends below 8,000
Jun 11, 2015 at 16:25 | Source:
Domestic concerns once again came back to haunt the local equity markets as worries over delay in monsoon resurfaced pulling down the benchmark Nifty below the crucial 8,000 mark while investors took a swipe at banking shares.Today's free fall in mar...