10-year yield seen between 7.88- 7.92%: Bagla
The sentiment in the bond market may see some improvement on global risk aversion, says Sandeep Bagla, ICICI Securities Primary Dealership.
F&O cues: Total Futures Open Int down Rs 690 cr
F&O cues: Total Futures Open Int down Rs 690 crore and Total Options Open Int up Rs 1846 crore.
Japan govt downgrades economy view on earthquake
Japan's government on Wednesday downgraded its assessment of the economy for the first time in six months, saying it is showing weakness after a devastating earthquake and tsunami last month battered the northeast coast.
All eyes on new CEO as Google reports Q1 results
The investor spotlight will land squarely on new Google Inc Chief Executive Larry Page, overshadowing decent, but uninspiring first-quarter financial results when the company reports its earnings on Thursday.
G20 to work on imbalances plan amid crowded agenda
The world's biggest economies hope to make progress this week on a plan to identify countries that put the global economy at risk, while China warned against any moves that would curb its red-hot growth.
Market cues: FIIs net buy $81 mn
Market cues: FIIs net buy USD 81 million in the cash market on April 08.
Asia trading lower; Shanghai Composite, Hang Seng down
At 7: 45 am (IST), Asian markets were trading lower. China's Shanghai Composite shed 0.72% or 21.87 points at 2,999.50. Hong Kong's Hang Seng fell 0.51% or 121.14 points at 23,855.23. South Korea's Seoul Composite was down 0.12% or 2.57 points at 2,086.83.
Indian ADRs: Wipro, Infosys, Tata Comm down
Indian ADRs ended in red on Tuesday. In Telecom space, Tata Communication was down 1.86% at $ 11.09 and MTNL was down 1.88% at $ 2.09. In Banking space, HDFC Bank was down 0.64% at $ 168.75 and ICICI Bank was down 0.8% at $ 48.50.
Crude retreats from 32-month highs on Goldman Sachs report
Crude retreated from 32-month highs as Goldman Sachs warned again of a price reversal and key forecasters said expensive oil could erode demand.
US markets decline on back of large commodity slump
The US markets declined on the back of a large commodity slump led by crude and lower than expected Alcoa numbers. The S&P 500 suffered its worst single-session slide in almost a month and closed below its 50-day moving average for the first time in three weeks.
Train running late? Blame high copper prices
Thieves lured by surging copper prices are creating a nightmare for European railways, sparking large-scale disruption, eroding profits and damaging their reputations.
India, China move towards holding joint military exercises
Months after suspending the high-level defence exchanges, India appears to be moving to resume military manoeuvres with China as indications emerged on Tuesday that the two countries could be holding joint exercises in the near future.
Barclays cuts IGM Fin to underweight ahead of Q1 results
IGM Financial Inc may not post significant earnings growth in the first quarter, Barclays Capital said, and downgraded the No. 2 mutual fund company in Canada to "underweight" from "equal weight."
Company behind Priceline sues Internet heavies
Walker Digital, a research and development laboratory for technology patents, filed 15 lawsuits on Tuesday against more than 100 companies including Apple, Microsoft, eBay, Amazon and Google for unauthorized use of its intellectual property rights.
Trade deficit with China matter of concern: India
Ahead of the meeting between Prime Minister Manmohan Singh and Chinese President Hu Jintao, India on Tuesday said trade imbalance in favour of China was a matter of concern and India had sought greater market access to bridge it.
Bhopal case: SC to hear for harsher charges against accused
A five-judge constitution bench of the Supreme Court will hear the Centre's plea for prosecuting Bhopal gas tragedy case accused on Wednesday, who have escaped with lighter punishment of two years jail term, under the stringent penal provision attracting maximum ten years of imprisonment.
Congress wants Hazare to start campaign against UP govt
Alleging that Uttar Pradesh is the most corrupt of all states, the Congress on Tuesday asked social activist Anna Hazare to start a movement from the state if he wanted to start a state-based campaign.
Govt can't claim prerogative in prosecutor appointment: SC
Government cannot claim to having exclusive right in appointment of prosecutor in criminal case, the Supreme Court has said while appointing senior advocate Uday Lalit as special public prosecutor for the trial in the 2G scam despite Centre''s objection.
Hold Bank Of Baroda; target of Rs 1086: LKP
LKP has maintained hold rating on Bank Of Baroda (BoB) with a target of Rs 1086 in its April 08, 2011 research report.
Accumulate SBI; target of Rs 3000: Emkay
Emkay Global Financial Services is bullish on State Bank of India (SBI) and has recommended accumulate rating on the stock with a target of Rs 3000 in its April 11, 2011 research report.
Accumulate Supreme Infra; target of Rs 290: Sushil Finance
Sushil Finance is bullish on Supreme Infrastructure India (SIIL) and has recommended accumulate rating on the stock with a target of Rs 290 in its April 11, 2011 research report.
Hero Honda Mar qtr PAT seen up at Rs 547.5cr: Angel Broking
Angel Broking has come out with its earning estimates on automobile sector for the quarter ended March 2011. According to the research firm, Hero Honda March quarter net sales are expected to go up by 29.2% at Rs 4927 crore, year-on-year, (YoY) basis.
Bajaj Auto Mar qtr PAT seen up at Rs 596cr: Angel Broking
Angel Broking has come out with its earning estimates on automobile sector for the quarter ended March 2011. According to the research firm, Bajaj Auto March quarter net sales are expected to go up by 24.8% at Rs 3951 crore, year-on-year, (YoY) basis.
Ashok Leyland Mar qtr PAT seen down at Rs 94.9cr: Angel
Angel Broking has come out with its earning estimates on automobile sector for the quarter ended March 2011. According to the research firm, Ashok Leyland March quarter net sales are expected to go up by 16% at Rs 2105 crore, year-on-year, (YoY) basis.
IAEA examining data on Fukushima accident
Top nuclear scientists at IAEA are this week examining the raw data from the troubled atomic power plants at Fukushima and discussing changes in the safety features for such reactors even as Japan raised the severity rating of their nuclear crisis to the highest level, seven.
