Jan 02, 2013 09:31 AM IST
In an interview with CNBC-TV18, Pashupati Advani of NBIE, spoke about his reading and outlook on the markets. He also talks about the impact of fiscal cliff on the markets globally.
- Jan 02, 2013 08:29 AM IST
This is a big morning potentially for global markets. The United States (US) House has started voting or considerations on the fiscal cliff bill, which was cleared by the Senate yesterday.
- Jan 02, 2013 08:11 AM IST
The Indian market began the New Year on a strong note. The Sensex ended at 19,580, up 154 points on Tuesday. The Nifty closed at 5,950, up 46 points. A quick look at global and local cues.
- Jan 02, 2013 07:20 AM IST
A senior Republican in the US House of Representatives said he expected the chamber to give final approval on Tuesday night to the Senate-passed "fiscal cliff" bill.
- Jan 01, 2013 02:32 PM IST
Congressional leaders and White House expressed confidence that they can neutralise the fiscal cliff, which technically came into effect mid-night. This is by passing the legislation and getting it signed into law by US President before it can have an adverse effect on the American economy.
- Jan 01, 2013 02:21 PM IST
Vikas Khemani of Edelweiss Securities told CNBC-TV18 that he is optimistic on the market and expects it to remain buoyant for first quarter of 2013.
- Jan 01, 2013 01:59 PM IST
Fiscal cliff, guru and spoiler alert are among words that should be removed from the vocabulary in 2013, according to a group of US academics.
- Jan 01, 2013 01:34 PM IST
A deal worked out by US Senate leaders to avoid the "fiscal cliff," was far from any "grand bargain" of deficit reduction measures.
- Jan 01, 2013 12:17 PM IST
Nirmal Bang has come out with its report on currency. According to the research firm, in the intraday session the USDINR pair is expected to trade in a range of 54.70-55.00 levels.
- Jan 01, 2013 11:52 AM IST
The White House and Congressional lawmakers reaching a deal to avoid the "fiscal cliff" that would delay harsh spending cuts by two months is not at all a "big deal" for India, believes fund manager Samir Arora as feels the US has averted "nothing"
- Jan 01, 2013 11:34 AM IST
The US Senate was expected to vote early on Tuesday on a deal to avert USD 600 billion in automatic tax increases and spending cuts in the "fiscal cliff" that could hobble the economy if allowed to take effect this week.
- Jan 01, 2013 10:52 AM IST
Sanger sees a good year for Indian market ahead barring four key risks. However, he says, the market may not see the sharp rebound from the oversold conditions that we had earlier this year.
- Jan 01, 2013 09:40 AM IST
Portfolio manager PN Vijay of askpnvijay.com is relieved of an agreement having been reached in the US to avoid the fiscal cliff that came close to sending the Indian market into a tailspin.
- Jan 01, 2013 09:32 AM IST
Due to the "dysfunction and polarization" in Washington the US economy faces a prolonged weak outlook, Pimco's Mohamed El-Erian told CNBC.
- Jan 01, 2013 08:31 AM IST
In the US markets finished the final trading day of 2012 with a sharp rally, snapping a five-day losing streak, as optimistic remarks from senate minority leader Mitch Mcconnell and president Barack Obama overshadowed the possibility that the US could go over the "fiscal cliff" at the end of the night.
- Jan 01, 2013 08:30 AM IST
The White House and congressional lawmakers have reached a deal to avoid the "fiscal cliff" that would delay harsh spending cuts by two months, an Obama administration source said on Monday.
- Jan 01, 2013 07:54 AM IST
Many Americans seem to be in a sour mood as 2013 begins, after Hurricane Sandy ravaged parts of the East Coast, a gunman massacred 20 school children in Connecticut and a long, contentious election campaign was followed by failure to resolve the "fiscal cliff" issue by year-end.
- Dec 31, 2012 02:26 PM IST
Patrick Legland of SociÃ©tÃ© Generale, says that the current uncertainties that we have on the fiscal cliff must be considered as buying opportunities on the market.
- Dec 31, 2012 12:46 PM IST
Key equity benchmarks were subdued in noon trade amid low volumes as a holiday mood prevailed.
- Dec 31, 2012 12:37 PM IST
Indranil Pan, chief economist at Kotak Mahindra Bank expects a 25 basis point rate cut by the Reserve Bank of India (RBI) its next January policy meet. However, he says, some of the macroeconomic parameters are not yet giving signals that the system is ready for a cut.
- Dec 31, 2012 12:31 PM IST
Geoff Lewis of JP Morgan AMC, in an analysis of global markets and economies on CNBC-TV18, explains that there is little hope of a solution to the fiscal cliff before January 1. Lewis believes growth will pick up in the US in the secnd half of 2013.
- Dec 31, 2012 10:41 AM IST
Tarun Kataria, CEO of Religare Capital Markets expects the United States to reach a decision on the fiscal cliff issue in the next 24 hours.
- Dec 31, 2012 09:24 AM IST
Gold ticked up to around $1,660 an ounce on Monday after the euro firmed against the dollar, but wary investors stayed on the sidelines as last-ditch attempts by US lawmakers to resolve a fiscal crisis seemed to be getting nowhere.
- Dec 30, 2012 09:12 PM IST
Financial markets would be affected adversely if US lawmakers fail to agree on a "fiscal cliff" deal before Tuesday, President Barack Obama said in an interview broadcast on Sunday, while urging Congress to act quickly to extend tax cuts for middle-class Americans.
- Dec 30, 2012 02:00 PM IST
Congressional negotiators burrowed into their offices on Saturday to see if they could stop the US economy from falling off of a "fiscal cliff" in just three days when the biggest tax increases ever to hit Americans in one shot are scheduled to begin.