December 13, 2013 09:56 (IST)
The rupee fell and bonds yields surged on Friday after retail inflation spiked, raising bets of a rate hike at the RBI's policy meeting next week.
December 13, 2013 09:28 (IST)
Market analyst Avinnash Gorakssakar said Indian stock markets are likely to remain weak and Nifty could slide another 50-100 points.
New York | December 13, 2013 07:32 (IST)
Profit-taking also played a part in the market's decline, while a view that Wall Street has gone too long without a correction was seen keeping traders poised to sell.
Sydney | December 13, 2013 07:19 (IST)
Asian markets were jittery on Friday as investors fret over the outlook for U.S. policy stimulus, though Japanese stocks drew some comfort from a reversal in the yen which slid to a seven-month trough on the dollar.
New York | December 12, 2013 21:02 (IST)
US stocks were little changed at the open Thursday as the market digested mixed data that showed a rise in weekly jobless claims and stronger-than-expected retail sales for November.
December 12, 2013 16:59 (IST)
The planned increase in JLR's capital spending could lead to negative free cash flow in fiscal 2015, Tata Motors said in the statement.
December 12, 2013 16:50 (IST)
The BSE Sensex fell more than 1 per cent on Thursday to mark a third consecutive day of declines since hitting a record high at the start of the week as Tata Motors slumped after saying its unit Jaguar Land Rover would increase capital spending.
December 12, 2013 15:52 (IST)
Rate sensitive stocks fell. Banking stocks declined 1.4 per cent, while autos slumped 2.2 per cent. Tata Motors slumped 4.6 per cent and was the top Nifty loser. Tata Motors shares have fallen 6.7 per cent (as of Wednesday's close) after hitting a record high of 405 on November 28.
London | December 12, 2013 15:46 (IST)
Investors lowered their exposure to riskier assets after a provisional budget deal in Washington this week eased some of the fiscal drag on the U.S. economy.
Bangalore, India | December 12, 2013 13:50 (IST)
The poll predicts a better performance than this year's 9 per cent increase but far more modest than the 25 per cent surge in 2012 when foreign investors bought a massive $24.4 billion worth of Indian stocks.
Written By: Varun Sinha | December 12, 2013 12:41 (IST)
One third of HCL Tech's revenues come from IMS, which is poised for strong growth, Nomura says. The stock is attractively valued at 20 per cent discount to Infosys.
December 12, 2013 12:32 (IST)
Consumer prices were forecast to have risen an 10 per cent annually last month, a Reuters poll showed, barely changed from the 10.09 per cent clocked in October.
Tokyo | December 12, 2013 12:25 (IST)
Emerging Asian currencies also came under pressure, with Indonesia's rupiah falling to match a near five-year low set last week.
Tokyo | December 12, 2013 11:51 (IST)
The Nikkei ended down 1.1 per cent to 15,341.82 after slipping to a low of 15,255.36, the weakest since last Friday. The Topix shed 0.7 per cent to 1,242.23, with 29 of its 33 subsectors in negative territory.
December 12, 2013 11:29 (IST)
FTSE also raised the 'investability weight' in its global equity index series of HCL Technologies to 38 per cent from 30 per cent and that of Tech Mahindra to 45 per cent from 24 per cent, according to a statement on its website.
December 12, 2013 09:09 (IST)
Renewed concerns that the US Federal Reserve could announce tapering of its economic stimulus at a policy meeting next week are also weighing on sentiments.
New York | December 12, 2013 07:19 (IST)
The euro rose against the dollar for a seventh straight session, helped by higher money market rates and diminishing expectations of imminent easing by the European Central Bank.
New York | December 11, 2013 23:53 (IST)
US stocks slid on Wednesday after legislators in Washington reached a provisional budget deal, which increased investor expectations that the Federal Reserve may wind down its stimulus in the coming months.
December 11, 2013 19:18 (IST)
The Reserve Bank said it will infuse an additional Rs 10,000 crore into the system on Friday to ease the tight liquidity situation, ahead of commencement of advance tax payments.
Mumbai | December 11, 2013 18:02 (IST)
A panel appointed by market watchdog Securities and Exchange Board of India (Sebi) unveiled new proposals on Wednesday, broadening the scope of who can be held liable for insider trading violations, as it steps up its fight against securities fraud.