Page 2353 - Business Finance
Central Bank of India slips for fifth straight session
The stock is quoting at Rs 34.05, down 5.94% on the day as on 13:19 IST on the NSE. Central Bank of India jumped 75.81% in last one year as compared to a 4.34% rally in NIFTY and a 12.87% spurt in the Nifty PSU Bank index.
Biocon Ltd slips for fifth straight session
The stock is quoting at Rs 616.9, down 1.24% on the day as on 13:19 IST on the NSE. Biocon Ltd jumped 75.81% in last one year as compared to a 4.34% rally in NIFTY and a 1.72% spurt in the Nifty Pharma index.
HDFC Standard Life Insurance Company Ltd eases for fifth straight session
The stock is quoting at Rs 370.3, down 0.54% on the day as on 13:19 IST on the NSE. HDFC Standard Life Insurance Company Ltd in last one year as compared to a 4.34% in NIFTY and a 4.05% up 7.87% in the Nifty Financial Services index.
Sensex down 400 points, Nifty below 11,500-mark as RBI rate hike likely
Caution ahead of the likely RBI rate hike on Friday, the investor sentiments' were subdued leading the S&P BSE Sensex to lose over 400 points during the afternoon trade session on the day, while the Nifty50 traded below the 11,500 point-mark.
IDBI Bank Ltd gains for fifth session
The stock is quoting at Rs 57.6, up 1.14% on the day as on 12:44 IST on the NSE. IDBI Bank Ltd is up 7.87% in last one year as compared to a 4.59% gain in NIFTY and a 12.86% gain in the Nifty PSU Bank.
Gold little changed; U.S. non-farm payroll data awaited
BENGALURU (Reuters) - Gold prices held steady on Friday as investors remained cautious after U.S. Treasury yields hit multi-year peaks and on expectations that strong jobs data later in the day could boost the Federal Reserve's case for a tighter monetary policy.
German industrial orders surge as autos bottleneck clears
BERLIN (Reuters) - German industrial orders rebounded in August as an auto sector bottleneck cleared and deals with customers outside Europe picked up sharply, and the economy ministry said manufacturing should power ahead in the fourth quarter.
Market indices continue to plunge, all eyes on monetary policy
With all eyes on the Reserve Bank of India's (RBI) bi-monthly monetary policy, market indices continued to plunge on Friday afternoon.The BSE's Sensex tanked 391.90 points to 34,777.26, while the Nifty failed to maintain the 10,500 mark, trading at 10,446.90.Oil marketing firms saw maximum losses, with shares of Bharat Petroleum Corp Ltd (BPCL), Hindustan Petroleum Corp Ltd (HPCL) and Indian Oil Corp Ltd (IOC) dropping by around 11-25 per cent.This came a day after Finance Minister Arun Jaitley announced a cut of Rs 2.50 per litre on both petrol and diesel, and directed the state governments to implement the same.While IDBI Bank, Titan Company and Infosys registered significant gains, Tech Mahindra, Reliance Industries and TCS saw maximum losses.In the wake of the volatility witnessed on Dalal Street, market expert Sunil Shah opined that the monetary policy will decide the future of the market indices."The market is awaiting the outcome of the monetary policy committee meeting. A lot .
Weak market breadth
Selling frenzy in index pivotals accentuated in early afternoon trade dragging the key benchmark indices to fresh intraday low. At 12:30 IST, the barometer index, the S&P BSE Sensex, was down 394.74 points or 1.12% at 34,773.55. The Nifty 50 index was down 160.35 points or 1.51% at 10,438.90. Negative Asian stocks weighed on the sentiment.
Growth of service sector eases to marginal pace: Nikkei India Services PMI
Nikkei India Services Business Activity Index eases to 50.9 in September from 51.5 in August
Global Markets: Rising U.S. bond yields hit global markets, Asian stocks wobble
TOKYO (Reuters) - Asian shares wobbled on Friday after benchmark U.S. Treasury yields surged to a fresh seven-year high and strong economic data fanned concerns about the risk of faster-than-expected interest rate rises.
Oil rises ahead of U.S. Iran sanctions, but outlook for 2019 less certain
SINGAPORE (Reuters) - Oil prices rose on Friday as traders anticipated a tighter market due to U.S. sanctions against Iran's crude exports, which are set to start next month.
Building Blockchain Expertise: Hyderabad Technology Professionals Keen Early Adopters
/ -- - IIIT-H: TalentSprint Executive Program on Blockchain Draws Substantial Response - Focus Report throws up interesting demographic insights Inaugural Advanced Certificate Program in Blockchain Technologies and Solutions, launched by IIIT-Hyderabad Blockchain Centre of Excellence and TalentSprint, has set high benchmarks for the industry with Technology Professionals from the city leading in becoming early adopters of this deep technology. The First Cohort in October 2018 at Hyderabad has already been filled. To cater to the high demand, IIIT-H and TalentSprint have doubled their capacity and will allow enrollments in the Program till October 9, 2018. Over 1000 Tech Professionals from Hyderabad evinced interest in building expertise in Blockchain. A detailed analytics on demographics was done and a Focus Report has been released today. Focus Report*: Key Highlights - High demand from Professionals in the age band of 25 -35 - Developers and Analysts more keen on building ...
Unilever backs down on HQ move to Netherlands
LONDON (Reuters) - The board of Unilever on Friday scrapped its plan to move its headquarters to the Netherlands in the face of growing opposition from UK investors.
88 new services brought under JKPSGA
The Jammu and Kashmir government has approved inclusion of 88 new services under the state's Public Services Guarantee Act to provide timely and hassle-free delivery of services to the citizens. The approval for including the new services was given by the state administrative council (SAC) which met here Thursday under the chairmanship of Governor Satya Pal Malik, an official spokesman said. The SAC has approved the inclusion of 88 new services under the Jammu and Kashmir Public Services Guarantee Act (JKPSGA), he said. He said after the enactment of the JKPSGA, 95 services had been notified as public services and with the inclusion of these new 88 services, the number of public services brought under the ambit of Act has reached 183. Three services of the tourism department have been brought under the ambit of the JKPSGA, 13 of the industries and commerce department, 12 of the handicrafts department, four of the geology and mining department and 27 of the labour and employment ...
Morarjee Textiles Ltd leads gainers in 'B' group
Premier Polyfilm Ltd, PG Electroplast Ltd, IL&FS Engineering & Construction Co Ltd and A2Z Infra Engineering Ltd are among the other gainers in the BSE's 'B' group today, 05 October 2018.
Petrol down by Rs 4.37/litre, Maharashtra to cut diesel rates: CM
A day after slashing VAT on petrol in Maharashtra, Chief Minister Devendra Fadnavis said here on Friday that even diesel prices will be reduced by around Rs 4/litre.
PC Jeweller Ltd leads gainers in 'A' group
Kwality Ltd, Balrampur Chini Mills Ltd, Titan Company Ltd and Sonata Software Ltd are among the other gainers in the BSE's 'A' group today, 05 October 2018.
German industrial orders surge in August
BERLIN (Reuters) - German industrial orders surged in August, data showed on Friday, bouncing back from falls earlier in the summer and adding to evidence of resilience in the economy despite an uncertain global economic outlook.
Sensex slips as fuel price cut spooks investors
(Reuters) - Indian stocks fell for a third straight session on Friday, dragged by shares of energy companies such as Reliance Industries Ltd and oil marketers, a day after the government announced a cut in fuel prices.