Rupee may appreciate further: N Subramaniam
The rupee might continue to appreciate further on the back of weaker dollar and possible recovery in the domestic stock market, says N Subramaniam, Pinnacle Forex.
F&O cues: Total Nifty futures down Rs 1014 crore
F&O cues: Total Nifty futures down Rs 1014 crore and Options up Rs 1099 crore.
10-year yield seen between 8.10- 8.20%: Ramanathan K
After the sharp correction, bond markets are expected to be rangebound today supported by buyback and comments that the monetary policy shouldn't be the only aggressive tool to control inflation. I expect a moderation in IIP numbers. The 10-year yield is seen between 8.10- 8.20%, says Ramanathan K, ING Investment Mgmt.
Market cues: NSE F&O Open Int up Rs 85 cr
Market cues: NSE F&O Open Int was up Rs 85 crore at Rs 1.37lakh crore.
Indian ADRs: Tata Comm, Sterlite up, Patni, MTNL down
Indian ADRs ended mostly in green on Tuesday. In Banking space, HDFC Bank was up 0.64% at $ 148.60 and ICICI Bank was up 1.03% at $ 45.18. In Telecom space, Tata Communication was up 3.94% at $ 11.61 while MTNL was down 1.66% at $ 2.37.
Crude jumps above $91 mark
Oil prices jumped 2% above the USD 91 mark as 2 other oil fields in the north sea were shut thus increasing supply concerns for the market.
Asian markets trading higher; Hang Seng, Nikkei up
At 7: 45 am (IST), Asian markets were trading higher. China's Shanghai Composite rose 0.40% or 11.31 points at 2,816.72. Hong Kong's Hang Seng added 0.69% or 163.47 points at 23,923.81. Japan's Nikkei advanced 0.44% or 46.28 points at 10,556.96. Singapore's Straits Times was flat at 3,244.28.
US mkts end marginally higher
European shares rose to a near 28-month closing high post assurance from Portuguese Premier: CAC was up 1.6%, DAX up 1.23% and FTSE up 1%.
Wall Street gains; Nasdaq hits new highs in early trade
US markets ended in positive zone after a mid-session selling effort threatened to steal gains. However, support at the neutral line helped stocks rebound for a modest advance. The Nasdaq hit new highs in early trade.
Tata Steel follow-on issue may help fund expansion plans
Tata Steel's proposal to sell 57 million shares through a follow-on public offer could see the company dilute equity by around 6%.
NAVs end higher as markets gain
Equity diversified NAVs ended higher with advance:decline ratio of 216:37 as the Equity benchmarks showed strong pull back in last minutes of trade to end flat led by short covering.
Twitter users have regional accents, study finds
Twitter users tweet messages with regional dialects, using "suttin" for "something" if they are New Yorkers and "sumthin" if they are not, a new study found.
Art experts upbeat about London February auctions
Bolstered by strong results last year, leading auction houses are hoping sales in London next month will ride an art market recovery after the sharp decline that sent prices tumbling in 2009.
Playboy scores $180 mn loan for bid to go private: LPC
Jefferies is leading a $180 mn term loan backing a bid by founder Hugh Hefner to take Playboy Enterprises Inc private, banking sources told Thomson Reuters LPC on Tuesday.
Barclays chief says banks should stop saying sorry
Banks should stop apologising for the mistakes which helped cause the financial crisis, Barclays Plc's new boss told British lawmakers, striking a defiant tone in a grilling over bonuses on Tuesday.
Paris police use Facebook for car crash witnesses
Internet-savvy police in Paris have started using social networks such as Facebook to appeal for witnesses to traffic accidents in a move some residents say smacks of Big Brother-style spying tactics.
Cabinet reshuffle likely after January: Sources
With his focus on a clean image Prime Minister Manmohan Singh is likely to reshuffle the Cabinet after January, sources inform CNBC-TV18. The PM is looking for a cohesive Cabinet, they add.
Ministers' panel to review sugar exports: Sources
A panel of ministers will review 500,000 tonnes of sugar permitted for overseas sales, two government sources said on Tuesday, a day after Farm Minister Sharad Pawar said plans to allow the exports were in place.
Wall Street higher after solid start to earnings season
US stocks rose on Tuesday as the first major set of fourth-quarter earnings came in largely higher than expected, suggesting that the recent run-up in anticipation of results was justified.
BAE cancels Platform Solutions sale, to keep unit
BAE Systems has cancelled plans to sell part of its US commercial aerospace unit, deciding instead to keep the unit after reviewing the business' performance.
Cross-eyed opossum capturing the hearts of Germans
She's middle-aged, gray-haired and stays up all night. Still, Heidi the cross-eyed opossum is Germany's biggest media sensation, and she has not even made her debut at the Leipzig Zoo.
Ways to cope with office noise: Management tip of the day
Open work spaces are all the rage, and a good way to encourage collaboration, but what do you do about the irritating noise? Harvard Business Review has some ideas.
Tea towels get UK royal wedding seal of approval
Champagne glasses toasting Britain's upcoming royal wedding can now be washed up with an official tea towel after Buckingham Palace granted approval for a souvenir cloth, the Daily Telegraph reported on Tuesday.
Jindal Poly PAT up by 534.4% at Rs 221.09 cr
Jindal Poly PAT up by 534.4% at Rs 221.09 Cr. and Revenue up by 89.21% to Rs. 782.95 cr.
