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Pakistan are flying in the World Cup after three straight wins but they still have problems right from the top which New Zealand will aim to exploit when the two meet in their Group A match in Kandy on Tuesday.
Western Digital Corp's deal to pay USD 4.3 billion for Hitachi's hard disk drive business will arrest a margin-slicing price war and create a global leader with the resources to develop costly next-generation storage technology.
Women exposed to second-hand smoke while pregnant are more likely to experience a stillbirth or have babies with birth defects, according to an analysis.
According to a report by Angel Broking, if Nifty trades above 5454 during the first half-an-hour of trade then we may witness a further rally up to 5500-5537 levels.
Vuppalamritha Magnetic Components Limited (VMC), a Hyderabad-based manufacturer of telecom equipment and power conversion products, is in the process of raising anywhere between Rs 400 crore and Rs 500 crore through an initial public offering (IPO) to fuel its overseas expansion plans. DRHP is expected to be filed by July.
NTPC | Hindustan Zinc | United Phosphorus | Lanco Infratech | UTV Software | Tata Steel | Oriental Bank of Commerce | JSW Steel | Andhra Bank | Onmobile Global and Graphite India are stocks, which are in the news today.
Today, Moon is in Mercury's constellation, and Mercury, from today, is not combust.
Today as per financial astrology, weakness may be seen capital goods, metal and stocks.
Futures open interest (OI) shed 19 lakh (8%) shares in OI and discount widened to 12 points from 4 points. India VIA jumped by 10% at 25.22.
Brent crude prices fell from intra-day highs of USD 118 as Arab media reports suggested that Libyan leader Muammar Gaddafi was looking for an agreement allowing him to step down, but there was no official confirmation of the reports.
Actor Charlie Sheen was fired on Monday from his top-rated US comedy "Two and A Half Men" because of his "dangerously self-destructive conduct," difficulty at work and inflammatory comments to producers, TV executives said.
The support for the Nifty is at 5450-5376 and resistance at 5540-5654.
FIIs were net sellers of Rs 92 crore while DIIs were net buyers of Rs 45.5 crore in cash markets on March 7, as NSE's provisional data.
The coming session is likely to witness a resistance at the 5520 levels on advances. Support is likely at the 5400 below which the 5360 levels maybe seen.
I expect a 4-5 bps rally in the bond market over the next couple of days. Investor demand remains fairly strong. Inflation numbers may provide further cues. The 11-year yield is seen between 8.05 - 8.10%, says Sandeep Bagla, ICICI Sec Primary Dealership.
Technology shares led US stocks lower after a downgrade of semiconductors on Monday, helping push the sector below a key technical level, which could mean further losses.
The recent improvement in FII flows may offset the impact of dollar's gains globally and high crude prices. The currency may move in a narrow band. The range for next few days is seen between 44.90- 45.20/$, says Vikram Nanivadekar, Verity Analytics.
F&O cues: Total Futures Open Int down Rs 887 crore and Total Options Open Int down Rs 588 crore.
Market cues: FIIs net buy USD 139 million in the cash market on Mar 04.
The Dow Jones Industrial Average ended down 80 points at 12,090, after seeing recovery of 50 points from day's low of 12,041.
At 7: 46 am (IST), Asian markets were trading firm. Hong Kong's Hang Seng was up 0.15% or 35.57 points at 23,348.76. Japan's Nikkei rose 0.40% or 41.66 points at 10,546.68. Singapore's Straits Times was flat at 3,066.68. South Korea's Seoul Composite added 0.69% or 13.66 points at 1,993.93.
Crude came off its highs - WTI touched a low of USD 104.5/barrel from a high of USD 107/bbl on Monday. London Brent crude was stable at USD 115/bbl, which was trading at USD 114.5 a barrel in morning trade today.
Indian ADRs ended in red on Monday. In the IT space, Infosys was down 1.26% at $ 66.82, Wipro was down 2.01% at $ 13.18 and Patni Computers was down 0.45% at $ 19.74.
In the US markets, stocks closed down, although off the lows of the day amid a slight pullback in oil prices and continued turmoil in West Asia.
Women's innerwear manufacturer Lovable Lingerie's initial public offering of 45.5 lakh equity shares has opened for subscription today, on International Women's Day.
