Stocks in news: Titan, Mastek, Sabero Org, Punj Lloyd, GMR
Titan industries | Mastek | Kavveri Telecom | Sabero Organics | Power Grid | Punj Lloyd | GMR | HDFC Bank and Hero Honda are stocks, which are in the news today.
FIFA approves change to voting system for World Cup hosts
FIFA approved plans to change the voting system used for choosing World Cup hosts on Wednesday following the re-election of Sepp Blatter as president.
GM, Ford report lower US auto sales in May
General Motors Co and Ford Motor Co reported slightly lower US vehicle sales in May as broader economic weakness and higher vehicle prices prompted consumers to delay major car purchases.
Mah Scorpio introduces entry-level Model: Scorpio Ex
Mahindra & Mahindra Ltd (M&M), a part of the USD 11.1 billion Mahindra Group, today announced the launch of Scorpio Ex, a new, entry-level offering from the Mighty Muscular Scorpio stable in Kerala.
US stocks: Indexes down more than 2%
US stocks extended losses in late trading on Wednesday, with all three major indexes down more than 2%. Financials and materials companies led the decline.
Nadal back to his best in nick of time
Defending champion Rafa Nadal cranked up his bid for a record-equalling sixth French Open title by routing Robin Soderling in Wednesday's quarter-final then changing his mind about whether he could triumph again.
Economic worries shadow Obama 2012 re-election hopes
Disappointing news on the US economy -- the issue most important to American voters -- has cast a cloud over President Barack Obama's hopes of re-election next year.
Carstens says he has experience to lead IMF
Mexico's central bank chief Agustin Carstens believes he is better qualified than his main rival to run the International Monetary Fund because he has more experience and better knowledge of the institution, he told Reuters in an interview on Wednesday.
Merkel says Europe has debt problem to overcome
German Chancellor Angela Merkel said on Thursday high levels of debt in some eurozone countries were responsible for the uncertainty that has weighed on the bloc's single currency.
Ganeshaspeaks: Market prediction for June 2
The points at which Nifty opens at 09:15 will be almost the same at 11:15, says Ganesha. The Nifty graph during this phase will resemble the English letter M.
Nifty has resistance at 5621-5637: Gaba
The support for the Nifty is at 5560 and resistance at 5621-5637.
10-year yield seen between 8.28-8.32%: Prabhu
The 10-year yield is seen between 8.28-8.32%, says Suresh Prabhu, Money Market Analyst.
Expect rupee to remain weak: Ssharad D Pawaar
The rupee is expected to weaken as the dollar managed to recoup some of its losses, says Ssharad D Pawaar, SPFX India.
Expect about 8% returns by year-end on Sensex: Kotak Instl
We see inexpensive valuations and reasonable earnings visibility as positives in an otherwise gloomy near-term macro outlook due to high crude prices and inflation.
F&O cues: Total Futures Open Int up Rs 1617 cr
F&O cues: Total Futures Open Int up Rs 1617 crore and Total Options Open Int up Rs 1994 crore.
Market cues: FIIs net buy $280 mn
Market cues: FIIs net buy USD 280 million in the cash market on May 31.
Crude slips further; trading at $ 99.90/bbl
Oil declines for a second day, dropping more than 2% as concerns that slowing economic growth will curb petroleum demand were reinforced by disappointing reports on US private sector employment and manufacturing.
Asian markets trading weak; Hang Seng, Nikkei slip
At 7: 45 am (IST), Asian markets were trading weak.
US stocks slip 2% post fall in private sector hiring
The US markets plunged the most in last 10 months post sharp deceleration in private sector hiring and a slowdown in manufacturing economic data. Moody’s downgraded Greece.
Indian ADRs: Tata Motors slips 3%, ICICI Bank down
Indian ADRs ended mostly lower yesterday. In the banking space, ICICI Bank was down 2.62% at $46.44 and HDFC Bank was down 1.09% at $161.06. In the telecom space, MTNL was down 1.44% at $2.05 and Tata Comm was up 1.24% at $9.76.
Wall Street slips more than 2% on poor economic data
The US markets slumped more than 2% following several economic reports that confirmed a struggling recovery and after Moody's downgraded Greece's bond ratings deeper into junk status. The CBOE volatility index surged 18.45%.
After scandal, will FIFA follow the IOC's lead?
The bribery and corruption allegations around soccer's world ruling body have thrown it into the same maelstrom that once hit the International Olympic Committee (IOC).
12 lakh tonnes paddy purchased by AP govt from farmers
Andhra Pradesh government has so far purchased about 12 lakh tonnes of paddy during the current rabi season.
Nadal and Murray find their groove in Paris
Champion Rafa Nadal cut loose after a shaky French Open start to batter Robin Soderling 6-4 6-1 7-6 and Andy Murray again tried to tie himself in knots before easily sealing his semi-final spot on Wednesday.
