Decent end to 2013; Sensex, Nifty rise 0.4% in December
The Indian markets remained marginally strong in December on global support and persistent buying by foreign funds. The Sensex was up by 0.43% and the Nifty rose 0.45%. Major Headlines: RBI leaves key...
View ArticleNifty seen touching 7,000 by end 2013: Goldman Sachs
Vodafone gets tax callThe Telegraph New Delhi, Jan. 5 (PTI): The revenue department has sent a reminder notice …The post Nifty seen touching 7,000 by end 2013: Goldman Sachs appeared first on Indian...
View ArticleSensex down 80 points, set to end on weak note
Among the stocks in the Metal index, SAIL is up as much as 5.3%, JSW Steel is trading 4.5% up, Tata Steel and Bhushan Steel are up by around 2.5%, Hindalco is up 1.7%, Hindustan Zinc is trading nearly...
View ArticleMaruti shares soar as CLSA upgrades to ‘buy’
Mumbai: Shares in India’s Maruti Suzuki gained 2.8 per cent after earlier touching its highest level since Jan 4, 2011, after CLSA upgraded the stock to ‘buy’ from ‘sell’ with a target price of 1,915...
View ArticleWhy It’s Time to Buy Chinese Bank Stocks
A turnaround in China’s bank earnings seen in the second half of last year is likely to continue into 2013 as the economy improves further, prompting analysts to turn bullish on the sector. For...
View ArticleAshoka Buildcon receives first tranche of PE funding; stk up
Shares of Ashoka Buildcon rose over 3%, hitting to Rs219.65, after the firm’s unit, Ashoka Concessions, received first tranche of the total strategic investment of $150 million from Macquarie SBI...
View ArticleGovt likely to infuse $544 mln in FY13: SBI head
Vodafone gets tax callThe Telegraph New Delhi, Jan. 5 (PTI): The revenue department has sent a reminder notice …The post Govt likely to infuse $544 mln in FY13: SBI head appeared first on Indian Web...
View ArticleWorld stocks slide, but growth outlook limits falls
Financial shares outperformed the broader market after global regulators relaxed plans for tough new liquidity rules on Sunday. The STOXX 600 European banking index was up by 1.2 percent. “The move...
View ArticleSensex up 69 pts on hopes of rate cut by RBI
Mumbai: The BSE benchmark Sensex today gained nearly 69 points in early trade on sustained buying by funds and retailers on hopes of a rate cut by the Reserve Bank amid a firm trend in the Asian...
View ArticleGoldman on China Stocks: Why We’ll Be Right This Time
Off the Mark At the start of 2012, Zhu had predicted Chinese stocks would have a bumper year, forecasting 30 percent upside for the China Securities Index (CSI) 300 – which tracks 300 stocks traded on...
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