China starts US trade trip with $600 mn in deals
The Chinese government kicked off a four-day US trade mission on Monday by signing six deals in Houston with undisclosed US companies worth USD 600 million, according to Chinese state media reports.
Airbus sells 10,000th plane, beats Boeing in 2010
European planemaker Airbus celebrated a surprise win in the annual orders race against Boeing with the 10,000th plane sale in its 40-year history, part of a USD 5 billion order from Virgin America.
MRPL, Mauritius discuss $2 bn oil refinery
Mangalore Refinery and Petrochemicals Limited (MRPL) is in talks with Mauritius about a USD 2 billion oil refinery on the Indian Ocean island that could be operational by 2015, a minister said on Monday.
GSK faces Q4 profit wipe-out on $3 bn legal hit
GlaxoSmithKline will record a legal charge of 2.2 billion pounds (USD 3.4 billion) for the fourth quarter, effectively wiping out its profit, as it settles further claims related to Avandia and sales practices.
China cuts 2011 lending target by 10%: Report
China's central bank has cut its 2011 lending target for banks by 10% from last year, the official Securities Journal reported on Tuesday, citing unidentified banking sources.
Emerging consumers relatively upbeat: CS survey
More than a third of people in the major developing economies expect their finances to improve in the next six months, reflecting relative confidence about the outlook as only 9% expect a deterioration, a poll shows.
Debt-ridden Dubai World sees improving profitabilty
Dubai World, the Gulf emirate's flagship conglomerate that has restructured USD 25 billion in debt, expects recovery in its critical businesses such as ports and free trade zones, a government statement said.
US senators threaten currency bill ahead of Hu visit
A group of US senators, on the eve of Chinese President Hu Jintao's arrival in the United States, said the time has come for US congressional action on China's currency policies.
Developing nations attract most investment in 2010
Developing countries and economies in transition together attracted more foreign investment than developed countries in 2010 for the first time, a United Nations study showed on Monday.
BPCL bars Glencore from tenders: Sources
BPCL has banned Glencore, one of the world's biggest oil traders, from tenders over a financing dispute, sources said, and other state refiners which own over half India's capacity could also suspend it.
Top trade negotiators to meet on Doha next week
Top negotiators from the world's largest trading powers will meet next week to push for a global trade accord, a signal that political momentum may be building for completion of the stalled talks.
Wal-Mart bid for Massmart approved, boycott looms
South African retailer Massmart's shareholders have accepted a takeover by US group Wal-Mart, setting up the world's largest retailer for a potential battle with local unions.
De Beers sees 2011 diamond price growth shy of 2010
Rough diamond prices are expected to rise further this year, but will not match last year's sharp double-digit percentage rebound, which was boosted by restocking from jewellers, the head of De Beers sales division said on Monday.
Support for Sensex at 18510-17925: Gaba
The crucial support on the Sensex on the downside is 18510-17925 and resistance at 19250.
Nifty likely to witness range of 5700-5600: Bhambwani
The coming session is likely to witness a range of 5700 on advances. Support is likely at the 5600. The bullish pivot for the session is likely at the 5670 levels and the bearish pivot at the 5650 levels.
10-year yield seen between 8.23- 8.28%: Bagla
The bond markets are expected to remain weak ahead of auctions this week. The market is trying to price in the possibility of rapid front ended rate hikes due to high inflation. The 10-year yield is seen between 8.23- 8.28%, says Sandeep Bagla, ICICI Sec Primary Dealership.
Expect rupee to gain some support: Nanivadekar
I expect the rupee to gain some support today after recent lows, says Vikram Nanivadekar, Verity Analytics
FIIs net sell Rs 173 cr in equities on Jan 17 (prov)
FIIs were net sellers to the tune of Rs 173 crore while DIIs net buyers of Rs 360 crore in the cash market on January 17, as per provisional data. FIIs were net buyers of Rs 492 crore in the F&O market.
Stocks in news: Videocon, SBI, TCS, Usher Agro, IBREL, HCC
Videocon | Tata Communications | Reliance Industries | GAIL | SBI | Essar Oil | Zensar Tech | Rallis India | TCS | Usher Agro | Indiabulls Real Estate and HCC are stocks, which are in the news today.
F&O cues: Total Nifty futures up Rs 75 crore
F&O cues: Total Nifty futures up Rs 75 crore and Options up Rs 2206 crore.
Ganeshaspeaks: Market prediction for Jan 18
The daily prediction, which you refer to, has been written a week in advance. So, take its optimum advantage.
Nifty 5400 Put adds 12.1 lakh shares in Open Interest
Nifty 5700 Call added 15.5 lakh shares in Open Interest. Nifty 5400 Put added 12.1 lakh shares in Open Interest and Nifty 5500 Put added 10.2 lakh shares in Open Interest.
Market cues: FIIs net sell $153.3 mn
Market cues: FIIs net sell USD 153.3 million in the cash market on Jan 14.
Asian markets trading firm; Hang Seng, Nikkei up
At 7: 48 am (IST), Asian markets were trading firm. Hong Kong's Hang Seng was up 0.25% or 60.16 points at 24,217.13. Japan's Nikkei was up 0.18% or 18.41 points at 10,521.27. Singapore's Straits Times was up 0.14% or 4.54 points at 3,243.17. South Korea's Seoul Composite added 0.28% or 5.98 points at 2,105.83.
