Veterans shown the door in IPL-4 auction
In what could be a major snub to Sourav Ganguly, none of the franchisees bid for the former Indian skipper in two days of the Indian Premier League (IPL) auction that ended in Bangalore on Sunday.
Nifty likely to witness range of 6010-5800: Bhambwani
The coming session is likely to witness a range of 6010 on advances. Support is likely at the 5800. The wide range is due to the unusually high base effect of Friday's range. The bullish pivot for the session is likely at the 5990 levels and the bearish pivot at the 5950 levels.
Bear haunts again!: Hitendra Vasudeo
Once again, the bear threat haunts the market. Let us see how the bulls can hold on to the support of 18954.
News Roundup: SAIF To Up Stake In Speciality Restaurants
Bank of Baroda, the third largest public sector bank is planning to acquire a bank in Botswana in what will be its first overseas acquisition.
Nifty has downside target of 5745: Gaba
Technically the market looks weak and can see further downside in the days to come as a fresh sell has been generated on the charts. The next downside target is 5745 if it does not bounce back.
Wawrinka edges Malisse to lift Chennai title
Third seed Stanislas Wawrinka edged out former champion Xavier Malisse 7-5 4-6 6-1 on Sunday to win the Chennai Open title that eluded him 12 months ago.
Obama shifts to center with more business-friendly tone
President Barack Obama's midterm shift to the center is gaining momentum as he tries to strike a more business-friendly, deficit-conscious tone and steal some of the Republicans' thunder to boost his 2012 re-election chances.
Portugal under pressure to seek EU/IMF aid: Source
Pressure is growing on Portugal from Germany, France and other euro zone countries to seek financial help from the EU and IMF to stop the bloc's debt crisis from spreading, a senior euro zone source said on Sunday.
Bank of Ireland in talks with Mideast funds
Bank of Ireland is holding talks with some Middle East sovereign wealth funds about their possible involvement in a capital raising, Irish newspaper the Sunday Business Post said.
Beckhams expecting fourth child in summer
David and Victoria Beckham are expecting their fourth child this summer, her spokeswoman said on Sunday.
Coal India seeks 10mn tonne of coal from Mozambique
State-run Coal India Limited (CIL) plans to export 10 million tonne of coal from Mozambique to India in the next 10 years from its two mining concession blocks in the southern African country, a top official said on Sunday.
US congresswoman battles for life after shooting
US Congresswoman Gabrielle Giffords was battling for her life on Sunday after an assailant shot her in the head and killed six others as she met with constituents in Tucson.
Sensex has support at 19522: Gaba
The crucial support on the Sensex on the downside is 19522 and resistance at 20000.
Global equities to grind higher by 9% in 2011: Citigroup
The positive impact of operational leverage should be enough to push global EPS ahead by 12% in 2011 and 9% in 2012, says Robert Buckland of Citigroup.
10-year yield seen between 8.18- 8.23%: Prabhu
The bond market will remain cautious with a negative bias on concerns about surging inflation. Investors are watching out for the extent of rate hike by the RBI. The 10-year yield is seen between 8.18- 8.23%, says Suresh Prabhu, Money Market Analyst.
Risk-reward for Sensex may remain unfavourable: Enam
There are headwinds, both domestic and global making 2011 quite volatile. Hence, risk-reward for the Sensex may remain unfavourable this year, says Nandan Chakraborty of Enam.
Rupee may extend losses: Sharma
The rupee may extend losses after its sharp fall last week on the back of the selloff in the domestic equity markets. The dollar's strength may also impact the currency. The range for the day is seen between 45.40-45.80/$, says Subramaniam Sharma, Greenback Forex.
F&O cues: Total Nifty futures down Rs 940 cr
F&O cues: Total Nifty futures down Rs 940 crore, Options up Rs 9243 crore.
Market cues: FIIs net sell $47.2 mn
Market cues: FIIs net sell USD 47.2 million in the cash market on Jan 06.
Asian markets trading lower; Shanghai Composite down
At 7: 41 am (IST), Asian markets were trading lower. China's Shanghai Composite was down 0.28% or 8.06 points at 2,830.74. Hong Kong's Hang Seng was flat at 23,715.47. Singapore's Straits Times was flat at 3,258.26. South Korea's Seoul Composite was down 0.13% or 2.65 points at 2,083.55.
FIIs net sell Rs 1,041 cr in equities on Fri (prov)
Total Nifty Futures' Open Interest was down by Rs 940 crore while total Nifty Options Open Interest up by Rs 9,243 crore. Stock Futures shed 7 lakh shares in Open Interest (OI).
US mkts recover from day's low to end flat
The Dow Jones Industrial Average ended down 22.5 points or 0.2% at 11675 on Friday, after seeing recovery of 76 points from day's low of 11599. It was up 0.8% for week ((Indian markets lost 4% last week)).
Indian revolution begins with Socceroos test
India and Australia, whose main sporting rivalry is on the cricket pitch, switch codes to soccer at the Asian Cup on Monday with Australia the overwhelming favourites to hand out the equivalent of an innings victory.
Gopalkrishnan's mgmt mantra: Crisis creates leaders
Moneycontrol.com caught up with Gopalkrishnan to find out what are the challenges faced by Indian entrepreneurs and his mantra for success.
