August 01, 2014 12:48 (IST)
The BSE Sensex and Nifty pared some of its losses but the rupee languished at over 3-month lows. Indian markets fell nearly 1 per cent today in early trade amid a global selloff and a sharp fall in the value of the rupee against the dollar. The Indian rupee fell to over 3-month low of 60.90 against dollar, its lowest since April 25.
August 01, 2014 12:10 (IST)
Rajat Rajgarhia, Managing Director (Institutional Equities) at Motilal Oswal says Indian markets have rallied over 20 per cent since last September, so it is always better for the market to consolidate for couple of month.
August 01, 2014 10:50 (IST)
Mr Baliga expects the Nifty to correct 200-300 points from the current levels and says 7,400 levels on the Nifty will be first opportunity to re-enter markets.
August 01, 2014 10:17 (IST)
Nifty reacted to global cues however strong macro data should see return of flows as commodities market weakens.
August 01, 2014 10:17 (IST)
BSE Sensex and Nifty slumped on Friday amid a global selloff and a sharp fall in the value of the rupee against the dollar. The Indian rupee fell over 3-month low of 60.83 against dollar, its lowest since April 22.
August 01, 2014 10:13 (IST)
BSE Sensex and Nifty fell sharply on Friday amid weak global cues and a decline in the value of the rupee against the dollar.
August 01, 2014 09:45 (IST)
Yesterday's outflows included sales by Goldman Sachs Singapore, Deutsche Securities Mauritius and Morgan Stanley Singapore in certain stocks, NSE's bulk-deal data shows.
August 01, 2014 09:29 (IST)
Rising visa costs (100 bps), rupee appreciation (50 bps) and lower utilisation (50 bps) were among the factors that hit Tech Mahindra's margins in the June quarter, analysts said.
August 01, 2014 09:08 (IST)
The Indian currency fell to over 3-month low of 60.74 against dollar, its lowest since April 28.
August 01, 2014 09:06 (IST)
The rupee slumped to a three-month low of 60.57 per dollar on Thursday. It fell 0.63 per cent in July, marking its second consecutive monthly fall. In the offshore non-deliverable forwards, the one-month was at 60.87/97, while the three-month was at 61.41/51.
Buenos Aires | August 01, 2014 08:12 (IST)
Argentina's bond and stock markets and peso currency dropped on Thursday after Latin America's No. 3 economy defaulted for the second time in 12 years after the failure of last-ditch talks with holdout creditors.
New York | August 01, 2014 07:54 (IST)
The Dow Jones industrial average plunged 317.06 points, or 1.9 per cent, to 16,563.30. The drop was the biggest since Feb. 3 and the index is now 13.36 points lower for the year. The Nasdaq composite fell 93.13 points, or 2.1 per cent, to 4,369.77.
Sydney | August 01, 2014 07:25 (IST)
MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.5 per cent. Japan's Nikkei lost 0.6 per cent, while the broader Topix fell 0.7 per cent.
Mumbai | July 31, 2014 23:28 (IST)
A total of 34,98,931 shares of Muthoot Finance were purchased by Government of Singapore, bulk deal information available with the stock exchanges showed.
Mumbai | July 31, 2014 23:14 (IST)
The downgrade of the Navratna PSU reflects slower-than -expected progress in leverage reduction, S&P said in a release.
Mumbai | July 31, 2014 21:40 (IST)
The Reserve Bank of India (RBI) in a release said it is monitoring the foreign investment in the company under the portfolio investment scheme (PIS) which has crossed the limit of 24 per cent of its paid-up capital.
Mumbai | July 31, 2014 20:57 (IST)
Issuances would go up following a notification that non-bank lenders do not need to maintain debenture reserves for private placement of debt, it said, adding non-banking finance companies (NBFCs) are one of the most active players in the debt market.
New Delhi | July 31, 2014 19:58 (IST)
An offshore India fund is one that is not domiciled in India but invests primarily in Indian markets.
July 31, 2014 19:30 (IST)
Rival BSE Ltd could also launch IRF contracts on Monday based on the 10-year bond expected to become India's next benchmark, a spokesman for the exchange had earlier told Reuters.
July 31, 2014 16:31 (IST)
The Nifty fell nearly 1 per cent on Thursday, marking its biggest single-day fall in nearly 2-1/2 weeks as foreign investors sales and expiry of July derivatives weighed on blue-chips such as Housing Development Finance Corp.