Markets tanked for the fifth consecutive trade session today with Nifty falling below 17800 points during intraday trade. Investors sold aggressively amid rising concerns related to inflation and rising interest rates.
Insurance customers are complaining less about their policies to the companies.
After four months of selling frenzy, overseas investors turned net buyers in February and pumped in a staggering Rs 15,862 crore into the Indian capital markets, enthused by clarity on FPI taxation.
The move comes after Sebi received complaints stating that Angel Agritech was collecting money illegally and the firm was not refunding the money collected.
The aftermath of demonetisation has engulfed the realty sector and ICICI Bank too is bearing the brunt. The bank's plan to sell its home financing unit has again taken a back seat this year. Private equity fund TPG has decided to not pursue this acquisition over valuation differences.
HeyPillow, an online real estate marketplace, has raised $3 million in Series A funding from Hampton Capital. HeyPillow was co-founded in 2014 by San ...
Persistent is targeting to maintain its profit before tax (PBT) margins at 18-20 percent this year by a strategy shift. The company will now sell its products to enterprise instead of independent software vendor (ISV) clients, Mritunjay Singh, ED and COO of Persistent said.
Sometimes it is not enough to crack the code of the buyers mind. Selling based only on logic rarely gets results. Selling should be based on the cerebral & emotional needs of customers.
Technical analyst Sudarshan Sukhani, s2analytics.com advises traders to refrain from buying anything in the market today.
Given the massive hammering seen in the Indian currency, Dhiraj Sachdev SVP & Fund Manager, Equities HSBC Global Asset Management, expects dollar linked sectors with low leveraged balance sheets like IT and pharma to benefit from this steep weakness seen in the rupee.
Board of Directors of BlackBerry has formed a special committee to explore strategic alternatives, including selling itself, to increase business of its latest technology platform, BlackBerry 10, according to a statement by the firm.
Gold posted the largest quarterly loss in years due to heavy selling on the back of US Federal Reserve's statements on quantitative easing. After Friday's rally, gold was 23 percent lower for the second quarter.
India's benchmark 10-year bond yield rose 4 basis points to 7.43 percent. Foreign investors were net sellers of USD 64.94 million in domestic debt on Wednesday, according to the latest available regulatory data.
Som Mittal, President, NASSCOM believes that since the macro economic factors have not changed much since their February forecast, they would not be reviewing the forecast at present.
Gold prices today slipped from record high levels by losing Rs 35 to Rs 32,940 per 10 grams due to fresh selling by stockists sparked by sharp fall in overseas markets.
BT Group said on Thursday it had more than halved its stake in Tech Mahindra by selling 17.9 million shares, or 14.1% of the group's equity, for 158.6 million pounds.
In scenes reminiscent of the controversy over empty seats during the Commonwealth Games in New Delhi, organisers of the ongoing Olympics have been hard pressed to explain rows upon rows of empty stands at several Olympics events.
British bank Barclays is selling its near-20% stake in US asset manager BlackRock, worth USD 6.1 billion, as tougher global regulations have cut the attraction of such holdings.
In order to arrest the declining value of the rupee, the Reserve Bank today asked exporters to sell 50% of their retained foreign exchange earning. The central bank has also fixed limit for intra-day trading of foreign currency by banks.
Here is a detailed analyses by four experts on four commodities - gold, crude, nickel and silver.
For the third quarter calendar year 2011, iGate's revenue was up 56% at USD 265.7 million versus USD 170.4 million QoQ. CEO Phaneesh Murthy indicated that the front-end operations of iGate and Patni have been integrated now. However, in an interview to CNBC-TV18, he said that Patni will probably be delisted over the next few quarters.
Anu Jain of IIFL tells CNBC-TV18 that a pullback is most certainly on the cards for the Nifty. "A mild rally in banks is possible in banks now, but stay out of rate sensitives for now," she says. Jain picks defensives, of which telecom is the safest, she says.
The market has been into a number of swinging sessions and taking a guess on the next movement is now a gamble, says CNBC-TV18’s Udayan Mukherjee. He believes there are murmurs of buying into 4,800. Investors may try and play for a bounce and the market may do what it did to the 5,200 levels.