Mumbai: The 50-share NSE Nifty rose 0.5 per cent after a recovery in Asian markets on Wednesday. Oil & gas, FMCG, Anil Dhirubhai Ambani Group stock, select technology and financial stocks led the support. The BSE Sensex gained 86 points at 17,567 and the NSE Nifty jumped 26 points to 5,283.65. Despite market's poor performance in the past two days, Portfolio Manager on Wednesday, G-20 meet at Cannes on November...
09:32 AM, Nov 02, 2011
Mumbai: The Bombay Stock Exchange benchmark Sensex on Tuesday added over 156 points as investors picked up stocks, particularly IT shares, available at lower levels after recent losses, amid firming global cues. The 30-share barometer advanced by 156.77 points to close at 16,498.47 points. The index initially touched the day's low of 16,213.18. The broad-based National Stock Exchange index Nifty closed higher by 50.10 points at 4,948.90 after touching a...
09:21 AM, Aug 23, 2011
Sydney: The President of Standard & Poor's, Deven Sharma, is stepping down, just a few weeks after the ratings firm issued a controversial downgrade of US government debt, the Financial Times reported. Citing people familiar with the matter, the FT said Sharma would be replaced by Douglas Peterson, chief operating officer of Citibank, the banking unit of Citigroup. The report said sources said Sharma's departure was unrelated to the downgrade...
08:28 AM, Aug 23, 2011
New Delhi: The Indian stock markets have been affected by the US market sentiments in the short term, even though the country's economy is robust and its growth story is intact, Finance Minister Pranab Mukherjee said in a statement released after market hours on Friday. Indian shares fell nearly 2 per cent on Friday to log their fourth straight weekly loss, their longest weekly losing streak since the Lehman collapse,...
09:58 PM, Aug 19, 2011
New York: The S&P 500 and Nasdaq rose more than 4 per cent in afternoon trading on Thursday while the Dow added to gains, with energy and financial services companies among the strongest sectors. Solid results from Cisco and mildly encouraging US jobs data helped stocks recover from recent steep losses. The Dow Jones industrial average was up 393.02 points, or 3.67 per cent, at 11,112.96. The Standard & Poor's...
12:04 AM, Aug 12, 2011
New York: US stocks fell sharply on Wednesday, wiping out most of the previous session's gains, on fears of tumult in the French banking sector, which has significant exposure to shaky European debt. US financial stocks led the decline on worries that any French bank problems could spread to them. The KBW bank index slid 6 per cent. Large financial institutions' shares sank, including Bank of America Corp, down 7.2...
07:50 PM, Aug 10, 2011
Mumbai: The BSE benchmark snapped a five-day losing streak, on Wednesday, rallying 1.6 per cent following strong global cues, which included the US Federal Reserves pledge to keep interest rates near zero for two more years. However, a volatile European market and fragile US index futures kept investors on the edge of their seats in the last hour of trade. European markets like France's CAC, Germany's DAX and Britain's FTSE,...
09:18 AM, Aug 10, 2011
Washington: The Federal Reserve on Tuesday said it will keep its hefty monetary policy stimulus for at least another two years, an effort to support a flagging economy and fragile global markets that faced considerable internal dissent. It was unclear whether the decision, which involved no new commitment of funds for bond purchases, would be enough to put a floor on a US stock market that has fallen more than...
12:03 AM, Aug 10, 2011
New York: Stocks pared gains and the Dow and S&P 500 briefly turned negative on Tuesday in volatile trading after the US Federal Reserve said the economy had weakened. The Dow Jones industrial average was up 60.43 points, or 0.56 per cent, at 10,870.28. The Standard & Poor's 500 Index was up 14.82 points, or 1.32 per cent, at 1,134.28. The Nasdaq Composite Index was up 51.58 points, or 2.19...
07:25 PM, Aug 09, 2011
President Barack Obama essentially dismissed the first-ever downgrade of the US credit rating. ...
08:00 AM, Aug 09, 2011
The European market surprisingly opened up after ECB decided to buy the bonds of Italy and Spain. ...
07:47 PM, Aug 08, 2011
Washington: Issuing a fresh warning, Standard and Poor's on Sunday said that there is one-third chance of further downgrading of US's sovereign credit rating, two days after it downgraded it from AAA to AA+, sending shock waves across the country. Giving a bleak future of America's credit rating, a top official of S&P said, "We have a negative outlook,...Which... leads to a longer time frame, from 6 months to 24...
07:16 AM, Aug 08, 2011
Washington: Better. The job market beat expectations, and the stock market managed a modest gain - not great, but good enough after a turbulent week. The nation added 117,000 jobs in July, the government said on Friday - far from what happens in a healthy economy, and only good for a reduction of one notch in the unemployment rate, to 9.1 per cent. But the jobs number beat the forecast...
12:26 PM, Aug 06, 2011
The Wall Street crash has triggered a lot of talk about debt ceilings, jobs and the economy. ...
08:07 AM, Aug 06, 2011
New Delhi: With fears of the world heading towards another financial crisis written all over global markets, the Indian market is not likely to be any safe from the carnage. However, in an interview with CNBC-TV18, portfolio manager, PN Vijay says that Friday maybe the 'last tough day' for investors. "I see some resolution, going forward from Fridays mayhem," he says. Vijay further says that right now no one is...
03:16 PM, Aug 05, 2011
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Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
