A federal judge has ordered the Interior Department to put on hold a request for a bid to upgrade its email system that Google Inc said favored Microsoft Inc.
CRB Index gained 0.5%. Upmove in CRB was restricted by dollar strength. Crude oil prices turned back above USD 90/barrel.
Stock Futures added 1.35 crore shares in OI. Nifty Open Interest PCR was down at 1.31 from 1.37. Nifty 6200 Call added 15.4 lakh shares in OI while Nifty 6100 Put shed 1.3 lakh shares in OI.
KSK Energy Ventures | NMDC | BHEL | Jindal PolyFilm | TCS | Gitanjali Gems | HDIL | Chartered Logistics | Kiri Dyes | Unity Infra | Maytas Infra | Continental Petroleums and ONGC are stocks, which are in the news today.
F&O cues: Total Nifty futures down Rs 300 crore and Options up Rs 3736 crore.
Market cues: FIIs net buy USD 174 million in the cash market on Jan 04.
Indian ADRs ended mostly in red on Wednesday. In the telecom space, Tata Communication was down 0.77% at $ 11.6401 and MTNL was down 3.85% at $ 2.5. In the banking space, HDFC Bank was down 0.83% at $ 163.20 and ICICI Bank was down 1.68% at $ 47.50.
At 7: 45 am (IST), Asian markets were trading firm. Hong Kong's Hang Seng was up 0.11% or 25.76 points at 23,783.58. Japan's Nikkei added 1.23% or 127.47 points at 10,508.24. Singapore's Straits Times rose 0.38% or 12.24 points at 3,266.49. South Korea's Seoul Composite was flat at 2,082.57.
Crude prices bounced back above ninety dollars a barrel as unexpectedly big gains in US private sector jobs spurred optimism the economy was recovering at a faster pace.
The Dow Jones Industrial Average ended up 32 points at 11723. The Nasdaq Composite rose 21 points at 2702 and S&P 500 index went up 6 points at 1276.
In the US market, positive economic data helped markets close at fractionally improved two-year high. Financials stocks led the rally.
An empowered group of ministers (EGoM) will consider over follow-on public offer (FPO) of Hindustan Copper in today's meet, reports CNBC-TV18.
Midcap and smallcap action may continue today. FII selling may be a dampener for markets.
Oil prices fell further from 27-month highs on Wednesday as a strong dollar sapped investor appetite for commodities, despite signs of tighter oil supply fundamentals in top consumer the United States.
There are more skeletons tumbling out of the closet as the Citibank fraud investigations unfold. A few high net individuals are now claiming that Citi offered settlement to the tune of 60-70% of invested funds in December. In fact, sources tell CNBC-TV18 that Shivraj Puri and some HNIs had signed private memorandum of understandings for recovery.
Pennsylvania State Police have agreed to stop issuing disorderly conduct citations to people who use profane language, the American Civil Liberties Union (ACLU) said.
US stock indexes struggled near breakeven on Wednesday as investors were encouraged by strong data on new private-sector jobs and the services sphere, but weak commodity prices dragged down energy and materials shares.
JP Morgan plans a big expansion in Switzerland, particularly in private banking in Geneva, adding more than 400 jobs in total, the co-head for the US bank in Switzerland was quoted as saying on Wednesday.
The Central Bureau of Investigation (CBI) has begun questioning Commonwealth Games chief Suresh Kalmadi for the first time.
The taxman has begun a time-bound probe into the Kraft takeover of Cadbury. Sources have told CNBC-TV18 that the preliminary report is likely to be submitted on January 15 this year.
Pet lovers in Massachusetts are optimistic the governor will sign into law this week that will allow them to designate in a will who should care for a pet after the owner's death.
White House press secretary Robert Gibbs is leaving his position to work as an outside adviser for President Barack Obama's re-election campaign, an administration official said on Wednesday.
India's top buyer of Iranian crude is seeking as much as 2.6 million barrels from the spot market, in the face of any possible supply disruption due to a payments row between the two countries.
French midfielder Ousmane Dabo is set to join Major League Soccer but the former Manchester City and Lazio player has admitted his name is unlikely to sell many shirts.
Pepsi's loss may be Coke's gain. After Pepsi dropped him as brand ambassador two-and-a-half years ago, master blaster Sachin Tendulkar is reported to have finalised a three-year endorsement deal with rival Coke.