Markets

Russia Could Scale Back on Oil Production Ahead of OPEC Meet

Russia mulls limiting its annual oil production to 525 million tons due to falling prices and western sanctions.

Nov 25, 2014

BSE closes points 164.91 up on Nov 24

New Delhi, Nov 24 (ANI): Trading at the Bombay Stock Exchange today closed 164.91 points up to stand at 28,499.54. At the National Stock Exchange the Nifty closed 52.80 points up to stand at 8,530.15. JSWENERGY and PERSISTENT were among the top gainers of Group A with an increase of 7.18% and 7.01% along with ALSTOM T&D and BEL with an increase of 5.74% and 5.55% respectively, while the top losers of Group A include RASOYA PROTEINS LTD and KAILASH with a decrease of 4.72% and 4.61% along with FRL. and ESSAROIL with a decrease of 4.57% and 4.19% at the close of the markets. The Auto sector is up 12.74 points at 18,938.02 while the banking sector is up 243.66 points at 20,927.20 and the reality sector is up 26.39 points at 1,651.59. The Indian currency is up 0.26% at Rs 61.92 per dollar.

Nov 24, 2014

'To Cut or not to Cut' - All Eyes on OPEC as Oil Prices Tumble

As oil prices continue to tumble southwards, the world is awaiting a "supply cut" decision from the Organization of Petrol Exporting Countries (OPEC), which is poised to meet on Thursday in Vienna, Austria.

Nov 24, 2014

Black Friday 2014 Shopper's Guide; Find The Working Hours For The Stores Around You

Thanksgiving Turning into Black Friday? Why Stores are Unveiling Deals One Day Before Epic Sale

In a bid to ramp up sales and meet customer demand, several American retailers are expediting their deals meant to roll out on Black Friday, the great shopping event, to Thanksgiving Day.

Nov 24, 2014

How China's Clever Interest Rate Cut Gets Markets Excited; Will it Help the Economy?

The People's Bank of China (PBOC), the country's central bank, cut long term lending rates by 40 base points on Friday to buoy its faltering economy as a measure to avoid the hard market crash threatening the country. It also reduced its one-year deposit rate by 0.25 percent to 2.75 percent.

Nov 22, 2014

BSE closes points 267.07 up on Nov 21

New Delhi, Nov 21 (ANI): Trading at the Bombay Stock Exchange today closed 267.07 points up to stand at 28,334.63. At the National Stock Exchange the Nifty closed 75.45 points up to stand at 8,477.35. NETWORK18 and Sanofi India Ltd were among the top gainers of Group A with an increase of 8.21% and 6.26% along with SOUTHBANK and TV18 BROADCAST with an increase of 5.48% and 5.42% respectively, while the top losers of Group A include RASOYA PROTEINS LTD and ESSAROIL with a decrease of 9.92% and 7.48% along with BAJAJ ELECTRICALS LTD. and BALRAMPUR CHINI MILLS LTD. with a decrease of 5.98% and 5.28% at the close of the markets. The Auto sector is up 102.34 points at 18,925.28 while the banking sector is up 478.83 points at 20,683.54 and the reality sector is up 1.85 points at 1,625.20. The Indian currency is down 0.15% at Rs 61.84 per dollar.

Nov 21, 2014

BSE closes points 34.71 up on Nov 20

New Delhi, Nov 20 (ANI): Trading at the Bombay Stock Exchange today closed 34.71 points up to stand at 28,067.56. At the National Stock Exchange the Nifty closed 19.60 points up to stand at 8,401.90. BAJAJ HOLDINGS and INVESTMENT LTD. and GUJARAT GAS CO.LTD. were among the top gainers of Group A with an increase of 7.77% and 7.40% along with KOTAK MAHINDRA BANK LTD. and ING VYSYA BANK LTD. with an increase of 7.28% and 7.15% respectively, while the top losers of Group A include RASOYA PROTEINS LTD and AMARA RAJA BATTERIES LTD with a decrease of 9.95% and 6.22% along with SHREE RENUKA SUGARS LTD and JAIPRAKASH ASSOCIATES LTD with a decrease of 5.68% and 5.22% at the close of the markets. The Auto sector is down 84.35 points at 18,822.94 while the banking sector is up 74.11 points at 20,204.71 and the reality sector is down 25.00 points at 1,623.35. The Indian currency is up 0.06% at Rs 62.00 per dollar.

Nov 20, 2014

Japan's Exports Improve in October; is 'Abenomics' Really Working?

Japan's exports index rose to the highest level in eight months in October after the economy slid into recession a three months ago

Nov 20, 2014

BSE closes points 130.44 down on Nov 19

New Delhi, Nov 19 (ANI): Trading at the Bombay Stock Exchange today closed 130.44 points down to stand at 28,032.85. At the National Stock Exchange the Nifty closed 43.60 points down to stand at 8,382.30. AJANTA PHARMA LTD. and AMARA RAJA BATTERIES LTD. were among the top gainers of Group A with an increase of 8.44% and 8.39% along with SRF and MANAPPURAM with an increase of 8.21% and 7.27% respectively, while the top losers of Group A include RASOYA PROTEINS LTD and PETRONET with a decrease of 9.89% and 5.43% along with DELTACORP and CENTURYTEX with a decrease of 5.40% and 5.05% at the close of the markets. The Auto sector is down 122.11 points at 18,907.29 while the banking sector is down 131.94 points at 20,130.60 and the reality sector is down 16.56 points at 1,648.35. The Indian currency is up 0. 3% at Rs 61.92 per dollar.

Nov 19, 2014

NAHB/Wells Fargo HMI and Single-Family Housing Starts Chart

US Homebuilder Confidence Improves as Property Market Gears up for More Buyers

US home builders' confidence rebound four points in November after falling for the first time last month, according to the National Association of Home Builders' latest Housing Market Index (HMI) as more the real estate market gears for more buyers.

Nov 19, 2014

How Home Depot's Latest Earnings Report Confused the World

The Home Depot announced its third quarter earnings report for the financial year of 2014 on Wednesday and it had quite a few journalists and investors confused.

Nov 19, 2014

Marley Natural: First Official Weed Brand Named after Bob Marley

Privateer Holdings and the estate of the legendary musician are launching a global marijuana brand "Marley Natural," which is going to be the first ever legal cannabis manufacturing company.

Nov 19, 2014

BSE closes points 14.59 up on Nov 18

New Delhi, Nov 18 (ANI): Trading at the Bombay Stock Exchange today closed 14.59 points up to stand at 28,163.29. At the National Stock Exchange the Nifty closed 4.85 points up to stand at 8,425.90. RCOM and JAIN IRRIGATION SYSTEMS LTD. were among the top gainers of Group A with an increase of 9.22% and 7.76% along with RENUKA and REDINGTON with an increase of 7.20% and 6.20% respectively, while the top losers of Group A include RASOYA PROTEINS LTD and CEAT LTD with a decrease of 19.89% and 4.20% along with ECLERX SERVICES LTD. and KAILASH with a decrease of 3.95% and 3.60% at the close of the markets. The Auto sector is up 103.22 points at 19,030.02 while the banking sector is up 60.6 points at 20,262.54 and the reality sector is down 10.03 points at 1,664.91. The Indian currency is up 0.03% at Rs 61.75 per dollar.

Nov 18, 2014

Halliburton and Baker Hughes Agree to $34.6 Billion Friendly Acquisition deal

Halliburton Company, one of the leading oil-field services giant, and Baker Hughes Inc., have agreed to a friendly acquisition deal where the former will take over all common outstanding shares of the latter for a deal worth $34.6 billion.

Nov 18, 2014

BSE closes points 131.22 up on Nov 17

New Delhi, Nov 17 (ANI): Trading at the Bombay Stock Exchange today closed 131.22 points up to stand at 28,177.88. At the National Stock Exchange the Nifty closed 40.85 points up to stand at 8,430.75. JSWENERGY and RURAL ELECTRIFICATION CORPORATION LTD. were among the top gainers of Group A with an increase of 12.13% and 10.25% along with NCC and Bajaj Finance Limited with an increase of 9.54% and 8.62% respectively, while the top losers of Group A include RASOYA PROTEINS LTD. and BALKRISHNA INDUSTRIES LTD. with a decrease of 19.91% and 7.03% along with PUNJ LLOYD LTD. and DEN with a decrease of 5.67% and 5.11% at the close of the markets. The Auto sector is up 266.87 points at 18,926.80 while the banking sector is up 83.16 points at 20,201.93 and the reality sector is up 5.58 points at 1,674.94. The Indian currency is up 0.02% at Rs 61.73 per dollar.

Nov 17, 2014