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.
Euro weakens for second day against dollar
Euro weakened for a second day against the dollar on concern that EU agreement will fail to halt crisis.
ONGC shortlisted six merchant bankers
The Disinvestment Department and ONGC have together shortlisted six merchant bankers to manage the sale of 5% Government equity in ONGC.
Tata Steel offer: Merchant bankers' action unethical
The Steel Ministry is upset at the four merchant bankers handling Tata Steel's follow-on offer because they are due to handle the SAIL offering also.
NAVs end with negative returns; as markets end flat
Equity diversified NAVs ended lower with advance:decline ratio of 39:210, as the Indian benchmarks closed extremely volatile session on a flat note on Monday while broader markets underperformed benchmarks.
Apple's Steve Jobs Takes Second Medical Leave; Shares Fall
Apple Chief Executive Steve Jobs is taking medical leave for the second time in as many years, sending shares tumbling close to 10 percent as the news revived concerns over the long-term future of the iPhone- and iPad-maker.
QInvest Picks Up Stake In Education Company FIITJEE
QInvest, Qatar’s leading investment bank, has acquired a stake in FIITJEE Ltd, India’s leading test preparation company for engineering and medical entrance examinations. Neither the acquisition cost nor the stake acquired is disclosed.
An open letter to our leaders: India Inc
It seems to be the era of open letters, and India Inc is using the platform to make its gripes and concerns known to the political leadership of the country.
See rapid growth in agriculture: FM
Finance Minister, Pranab Mukherjee has said that India’s economy recovery was broad-based and driven by the industry. “The rapid recovery of growth momentum is comforting but we cannot be complacent as there are several challenges Indian economy faces.
PM may reshuffle cabinet in next 48 hours: Sources
Prime minister Manmohan Singh may reshuffle his cabinet within the next 48 hours, reports CNBC-TV18.
Injured Tendulkar, Sehwag in World Cup squad
India will gamble on the fitness of Sachin Tendulkar, Virender Sehwag, Gautam Gambhir and Praveen Kumar after the four injured players were included in the final 15-member squad on Monday for next month's World Cup.
