April 23, 2014 11:49 (IST)
The brokerage says there's a 75 per cent probability that the BJP-led National Democratic Alliance will secure a strong mandate in India's general elections and will form a stable government at the Centre.
April 23, 2014 09:47 (IST)
Markets are likely to be choppy today ahead of derivatives expiry. SV Prasad of Chime Consulting told NDTV that volatility has been on the rise and closer to election results, investors should expect even more volatility.
Sydney/Singapore | April 23, 2014 08:52 (IST)
Investors hoping that the Chinese HSBC manufacturing PMI data for April would show some stabilisation in the slowing economy were relieved when the survey came in at 48.3, still in contractionary territory but slightly above the March number.
April 23, 2014 08:30 (IST)
To minimize risks, Ambit Capital has come out with an updated list of "Good & Clean" portfolio, which is positioned for an Indian recovery in the markets and the economy. Ambit's portfolio is tilted towards "cyclical", "value" and small-cap stocks in confirmation with the brokerage's "quality at a reasonable price" approach.
April 23, 2014 08:15 (IST)
For today buying auto & banks on the long side could make money, while shorting, IT, FMCG & select mid cap outperformers could give a decent hedge.
New York | April 23, 2014 07:29 (IST)
Stocks are rebounding from a slump earlier this month when investors dumped high-flying biotechnology and Internet stocks. The gains over the past week have been driven by a combination of better economic news and respectable, if not spectacular, earnings reports.
New York | April 22, 2014 23:41 (IST)
Shares of social media companies rallied on Tuesday after Credit Suisse raised its expectations for Facebook Inc's long-term average revenue per user (ARPU), saying upcoming products would raise growth in that key metric.
Mumbai | April 22, 2014 23:09 (IST)
The National Stock Exchange (NSE) on Tuesday said it is ready to extend trading hours for currency traders and is awaiting a nod from market regulator Securities and Exchange Board of India (Sebi).
April 22, 2014 22:31 (IST)
Netflix shares rose more than 9 per cent in early trading on Tuesday after the company unveiled plans to increase prices and reported a better-than-expected quarterly profit.
April 22, 2014 21:38 (IST)
US stocks rose on Tuesday, with both the S&P 500 and Nasdaq on track for a sixth straight day of gains as a number of bellwether companies reported strong results.
April 22, 2014 21:04 (IST)
US stocks edged up on Tuesday boosted by deals in the healthcare sector and upbeat results, while Facebook and Netflix lifted the Nasdaq.
April 22, 2014 17:04 (IST)
Although overseas investors have underpinned sentiment, the pace of buying has slowed. Foreign institutional investors bought shares worth Rs 213 crore on Monday, having bought $67.58 million worth on Thursday.
April 22, 2014 17:02 (IST)
Motilal Oswal Financial Services joint managing director Raamdeo Agrawal tells NDTV's Prashant that given the current political scenario, the stock market is likely to see some correction after May 16.
April 22, 2014 15:48 (IST)
Earlier in the session, the Sensex and Nifty had hit new highs of 22,853 and 6,838 respectively
April 22, 2014 15:01 (IST)
The BSE Sensex on Monday touched a record high of 22,853, while the broader Nifty hit an all-time high of 6,838.
New Delhi | April 22, 2014 14:44 (IST)
According to latest data available with market regulator Securities and Exchange Board of India (Sebi), investment by the mutual fund industry in software stocks stood at Rs 24,315 crore as on March 31, accounting for 11.92 per cent of their total equity assets under management (AUM) of Rs 2.04 lakh crore.
London | April 22, 2014 14:14 (IST)
China's yuan fell to its softest against the dollar in 14 months, after the central bank set a lower official midpoint of its trading range, highlighting its desire for a weaker currency to manage an economic slowdown.
April 22, 2014 13:15 (IST)
The rupee was trading at 60.80 after hitting 60.83, its lowest since March 24, tracking weakness in other major currencies against the dollar.
April 22, 2014 12:40 (IST)
Markets were trading moderately higher in noon trade after setting up new peaks earlier in the session.
April 22, 2014 11:19 (IST)
The RBI regularly prevents foreign institutional investors from buying shares in companies if they are approaching the limit stipulated by regulations, and will then re-adjust once foreign ownership falls below the prescribed level.