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For most Americans giving their children a better life or having a successful business or career is their version of the American Dream, according to a new poll released on Monday.
China on Monday dampened Brazil's expectations to discuss the yuan's impact on bilateral trade during President Dilma Rousseff's visit to Beijing next month, saying it wasn't an important issue.
JPMorgan Chase & Co's decision to be the sole underwriter on a USD 20 billion bridge loan to AT&T Inc is a "credit negative," according to Moody's Investors Service.
A French daredevil urban climber on Monday scaled the world's tallest building, the 828-metre (2,717-foot) Burj Khalifa in Dubai, fighting winds that delayed his ascent for hours.
Avoid bank, Nifty, and Telecom sector, opines Ganesha. Today, Mercury is entering the zodiac Aries.
The support for the Nifty is at 5500 and resistance at 5724-5757.
News Corp is in preliminary talks to give control of Myspace to the music label video site Vevo.com, Bloomberg reported on Monday, citing three people with knowledge of the situation.
Ricky Ponting, the most successful captain in 134 years of test cricket, resigned as the Australian test and one-day skipper on Tuesday but will continue as a batsman with the team.
Nifty OI PCR was up at 1.58 versus 1.52. Nifty 5700 Put added 23.59 lakh shares in OI while Nifty 5800 Call added 8.10 lakh shares in OI.
FIIs were net buyers of Rs 890 crore while DIIs were net sellers of Rs 287 crore in the cash market on Monday, as per provisional data available on NSE. FIIs have net bought Rs 902 crore in the F&O market
The coming session is likely to witness a resistance at the 5725 levels on advances above which the 5760 maybe seen. Support is likely at the 5650, below which the 5610 maybe tested.
The USD 408 billion retailing major Walmart is exploring a deal to pick up a stake in Big Bazaar's back-end ops and later expand the deal to front-end business when the regulations allow.
Inflation remains a concern for the bond market. Supply from primary bond auctions is expected to be slightly lower in April, says Sandeep Bagla, ICICI Securities Primary Dealership.
India's valuations have come to reasonable levels post the correction and we are currently buyers of Indian stocks. Many mid & small cap stocks have turned very attractive, says Mark Mobius of Templeton Asset Management.
The rupee is likely to be under pressure on global equity market cues and likelihood of regular month-end dollar demand. The range for the day is seen between 44.80- 45/$, says Vikram Nanivadekar, Verity Analytics.
F&O cues: Total Futures Open Int up Rs 2200 crore and Total Options Open Int up Rs 3362 crore.
The Dow Jones Industrial Average ended down 23 points at 12,198, after erasing 75 points from day's high.
Market cues: FIIs net buy USD 340 million in the cash market on March 25.
Crude continued to exhibit weakness on Monday. London Brent crude was trading at USD 114.2 a barrel, with falling 0.4% and NYMEX crude was at USD 103.4 a barrel, down 0.5%.
At 7: 48 am (IST), Asian markets were trading lower. China's Shanghai Composite shed 0.62% or 18.46 points at 2,965.55. Hong Kong's Hang Seng was down 0.13% or 31.07 points at 23,037.12. Japan's Nikkei fell 1.51% or 143.38 points at 9,335.15. Singapore's Straits Times declined 0.37% or 11.27 points at 3,046.11.
Crude prices dropped with Nymex near weekly low of USD 103 per barrel as Libyan rebels regained key territories and redoubled their efforts to resume oil exports. Brent traded at around the USD 114 per barrel. Currently Crude is trading at USD 103.53 per barrel.
Indian ADRs ended mixed on Monday. In the IT space, Infosys was up 0.26% at $ 69.42, Wipro was down 0.28% at $ 14.13 while Patni Computers was up 0.91% at $ 20.98.
The US markets turned negative in the final hour of trading to close lower. The technology sector and the geopolitical turmoil weighed in on sentiment amid light trading.
The Supreme Court today asked SEBI to clarify its stand on accepting the report of a high-powered committee that had probed the IPO scam of 2006 and the role of NSDL in it.
PTC India Financial Services, Indian non-banking financial institution promoted by PTC India, has fixed Wednesday, March 30 as listing date for its equity shares.
