Gautam Broker

The India's largest software services exporter TCS' revenue rose 3 percent sequentially (22 percent year-on-year) to Rs 16,070 crore.

ONGC Q2 sales seen up 3% to Rs 20,740 cr

State-controlled oil & gas producer ONGC's sales are seen going up by 3 percent year-on-year to Rs 20,740 crore in the quarter ended September 2012.

Reliance Ind Q2 petchem sales up 4.7% to Rs 22058 cr

Reliance Industries (RIL) has posted its fourth consecutive year-on-year drop in its September quarter profit on declining natural gas output from its KG-DG fields and poor petchem margins.

RIL Q2: Analysts see 20% QoQ growth in PAT

Mukesh Dhirubhai Ambani group's flagship company Reliance Industries' profit after tax is likely to grow by 20 percent to Rs 5,370 crore in the quarter ended September 2012 from Rs 4,473 crore in the previous quarter.

Global mkts jittery ahead of earnings, on Spain

Global markets were jittery on Monday ahead of earnings and on Spain bailout delay. European Stability Mechanism (ESM) formally unveiled yesterday and commentary from the sidelines led to some worry.

S&P 500 slips ahead of September earnings

The US equity markets ended flat on some scepticism over surprisingly strong jobs report on Friday. Unemployment rate was down to 7.8% as against expectation of 8.1% - Lowest level since January 2009.

Reassurances from Draghi lift US markets; Brent crude up 4%

The US equity markets ended higher led by reassurances from Draghi. ECB chairman Mario Draghi Draghi said, "I could say that today, we are ready with our outright monetary transactions or OMT."

US markets end marginally higher on better economic data

The US equity markets ended slightly higher on Wednesday led by better economic data. ISM services for September rose to 55.1 from 53.7 in previous month, which was far better-than-expectations of a mild drop to 53.5.

Weak macro data drags US markets, VIX up 6%

The US equity markets ended lower on Friday due to weak macro data while Volatility Index was up by 5.7% on Friday.

US mkts snap losing streak on China easing hopes, Spain

The US equity markets snapped losing streak, rising for the first time this week on the back of support from Spain PM comments and expectation of China easing.

US markets fall on profit booking, ignore economic data

The US equity markets saw profit booking and neglected positive economic data on Tuesday.

Global mkts fall on growth concerns, Greece uncertainty

The US and European equity markets closed lower Monday on economic growth concerns, uncertainty on Greece and Spain.

Global markets consolidate on lack of major triggers

Global markets consolidated on Friday on lack of data and major triggers. There was some positive newsflow from Spain on further austerity measures.

Global markets remain in consolidation mode

Global markets continue to consolidate driven by inline to slightly weak data on Thursday. The US equity markets recovered from initial profit booking.

Housing data help US markets close marginally higher

The US equity markets continued to consolidate on Wednesday, which ended marginally higher on positive US housing data. S&P 500 Index was largely unchanged over the last two days at 1461.

Global markets witness mild unwinding amid lack of newsflow

Global markets saw mild unwinding on Monday amid lack of newsflow. Crude topped headlines after sharp sell-off on high volumes, which fell by nearly USD 5 a barrel.

Global equity markets hold gains post Fed inspired rally

Global markets continued to rally on Friday following a third quantitative easing by Federal Reserve. Eurozone Finance Ministers met in Cyprus on Friday, which was largely constructive meet.

Global markets rejoice as Fed launches QE3

The US equity markets rallied as Federal Reserve has maintained its funds rate at 0.0%-0.25% ‘atleast until mid-2015‘. Fed said it would purchase USD 40 billion in mortgage backed securities every month.

All eyes on European events, 2-day FOMC meeting

All eyes are on European events and two-day FOMC meeting that will begin today. European and US markets closed higher.

Global markets down on profit booking ahead of Fed meet

The US equity markets saw mild profit booking on Monday ahead of key events like Federal Reserve's policy meet and German's constitutional court ruling.

US mkts end marginally higher on expectations of Fed easing

The US equity markets ended marginally higher, supported by expectations of Fed easing. Employment situation report was much weaker-than-expected.

Global markets rally on ECB's new bond buying plan

European Central Bank chairman Mario Draghi delivers on bond buying and keeps rates unchanged. ECB announced the new bond buying program called Outright Monetary Transactions or 'OMT'.

Global markets lacklustre ahead of ECB meet

The meeting of European Central Bank (ECB) will be held today. Chairman Mario Draghi will address press conference at 2.30 pm CET (at 18 hours IST).

US mkts flat; economic data slightly lower than forecast

The US equity markets shed some weight ahead of ECB meet tomorrow. US data was slightly lower than expectations.

European markets gain on Draghi statements

European Central Bank President Mario Draghi reiterated willingness to buy short term paper in a private session with European Union parliamentary committee.