Mkts should continue to trend up: JM Financial
The bullish reversal pattern breakout that we spotted last week now provides support at 20100/6020 and this level should act as the worst case in case of any pullback, says Gautam Shah of JM Financial.
Sensex target of 22,500 for 2011-end: CLSA
With renewed inflation pressures and tight domestic liquidity conditions, we see India's premium valuations coming under pressure, says N Krishnan of CLSA.
Crude hits intraday high at USD 92.58/bbl on Mon
Crude saw an intraday high of USD 92.58/barrel on Monday, highest level since October 2008. API inventory report will be announced today. Currently it is trading at USD 91.5 a barrel.
Nifty has resistance at 6192: Angel Broking
According to a report by Angel Broking, on the upside, if Nifty trade above 6179 level then next resistance level is at 6192.
Asian, European car makers look to 2011 growth
South Korean automakers predicted rising 2011 sales on US and Chinese growth, while France's car market ended a negative 2010 on a high note, with drivers flocking to use scrapping bonuses before they ran out.
Top 10 reasons why 2011 isn't 2008 for oil markets
Oil prices are heading toward USD 100 a barrel again, just over three years after they first touched triple digits on the first trading day of 2008.
Apple iPhone alarm woes continue across the globe
Some iPhone users across the globe complained of malfunctioning alarms on the first working day of 2011, even after Apple reassured users that its phones' built-in clocks will work from Monday.
MJ death preliminary hearings
A judge this week will hold preliminary court hearings in the involuntary manslaughter case against Dr Conrad Murray, the doctor who is accused of being responsible for the death of pop star Michael Jackson.
Nikkei gains 1.2% as US data brightens outlook
Japan's Nikkei average rose 1.2% on Tuesday after global shares resumed their rally on stronger manufacturing data the day before, while oil rose as the outlook for growth increased optimism about demand.
Obama eyes ex-Clinton aide as top economic adviser
A trusted aide with first-hand experience negotiating with Republicans has emerged as the favorite to become President Barack Obama's new top economic policy adviser, Democratic sources said on Monday.
World stocks resume rally on economy, oil gains
World stocks rallied in the first trading session of 2011 on Monday on stronger global manufacturing data, while oil closed at a 27-month high as the improved growth outlook increased demand expectations.
Ronaldo double helps Real to 3-2 win at Getafe
Cristiano Ronaldo scored his 18th and 19th La Liga goals of the season as Real Madrid survived some late pressure to win 3-2 at city rivals Getafe on Monday and trim the gap to leaders Barcelona back to two points.
Oprah's OWN wins over cynics but many fans lost out
Oprah Winfrey's bold gamble on her OWN TV network debuted to mostly positive reviews and encouraging audience numbers at the weekend, winning over some cynics with its feel-good tone.
Where is US financial regulation headed in 2011?
A torrent of new rules for Wall Street and US banks is pouring off Capitol Hill into the federal regulatory agencies, unleashed by the devastating 2008-2009 financial crisis.
Oil up at 27-month peak on economic data, cold weather
Oil prices rose to a 27-month peak on Monday as upbeat European and US manufacturing data and forecasts for cold weather reinforced optimism about economic and energy demand growth.
Gold eases from 1-month high on positive US outlook
Gold closed slightly lower on Monday, easing after an early rally to within USD 10 of its record, as signs of US manufacturing growth prompted selling.
Australian insurers fall on flood claims concerns
Shares in Australian general insurers fell as much as 3.5% on concerns of mounting claims triggered by record floods in Queensland state, but investors said insurance companies could cope and hefty profit warnings were unlikely.
US consumer bankruptcies hit 5 yr high in 2010
The number of US consumers who filed for bankruptcy protection in 2010 was the highest in five years, and the figure could rise as Americans struggle with excess debt in an uncertain economy, a report issued Monday said.
MySpace sale on course for mid 2011
News Corp is on course to sell its social networking unit MySpace by mid-2011, business news network CNBC reported on Monday.
Check out: 10 cues that will help you in your trade today
In the US markets, stocks ended up nearly a percent or more as investors flocked to stocks, pushing the market to new two-year highs on the first trading day of the year. The S&P 500 closed at its highest levels since September, 2008.
Nifty likely to witness range of 6180-6120: Bhambwani
The coming session is likely to witness a range of 6180 on advances above which the 6200 maybe seen. Support is likely at the 6120. The bullish pivot for the session is likely at the 6170 levels and the bearish pivot at the 6155 levels.
China's Sinovel Wind to raise up to $1.4 bn in IPO
Sinovel Wind Group Co, China's largest wind turbine producer, plans to raise up to 9.46 billion yuan (USD 1.4 billion) through an initial public offering in Shanghai, after setting a higher-than-expected IPO price range that reflects investor enthusiasm for renewable energy stocks.
England reduce Australia to 230-8 in Sydney
England's bowlers took a firm grip on the Ashes series by reducing Australia to 230-8 at lunch on the second day of the fifth and final test at the Sydney Cricket Ground on Tuesday.
Honda to triple India motorcycle sales in 5yrs: Nikkei
Honda Motor Co plans to ramp up motorcycle production and triple sales in India to 5 million units annually in five years as its partnership with the Hero Group nears end, the Nikkei business daily reported on Monday.
Management tip of the day: Four steps to getting unstuck
There are some simple steps to help you stop feeling overwhelmed by work and distractions and to restore a sense of calm, and it starts with making a list, says Harvard Business Review.
