The fourth season of the IPL is witnessing the lowest TRPs. The decline in viewership could be due to the afternoon telecast of these matches, the World Cup hangover and the steady erosion of the brand equity of this cricket jamboree A few media reports have appeared which say that the c…
Continue reading...FII-TO-FII: Pantaloon traded at 22% premium
Trades between FIIs generated a volume of Rs 57 crore on the BSE Thursday-an increase of 43.31% from Rs 40 crore clocked on Wednesday. As many as seven stocks witnessed trades of 13 lakh shares on Thursday. Pantaloon Retail (India) was traded at highest premium of 22.05% on the BSE with …
Continue reading...Unemployment falls in 80 pct. of large cities – Wall Street
WASHINGTON (AP) — The unemployment rate fell last month in more than 80 percent of the nation’s largest metro areas, adding to evidence that the recent pickup in hiring is widespread. The unemployment rate fell in 303 of the nation’s 372 largest cities in March, the Lab…
Continue reading...Goldman Sachs downgrades Reliance Inds, Cairn ups ONGC
Goldman Sachs on Wednesday downgraded Reliance Industries and Cairn India to neutral from buy, and raised its rating on Oil & Natural Gas Corp (ONGC) to buy from neutral. It said it is removing Reliance from its Asia Pacific Conviction list and downgrading the stock on concerns abou…
Continue reading...Black money comes mainly from India: Assange
At a stage where governments around the world have tried to hide away from the embarrassment caused by WikiLeaks expose on black money, founder Julian Assange speaks exclusively to TIMES NOW’s Editor-in-Chief Arnab Goswami on the Swiss bank data and Indian names features in the same…
Continue reading...Momentum indicators favour an up move
While the markets may have not moved much in the last three weeks, intra-week volatility has kept many traders on their toes. The BSE benchmark index, the Sensex, swung in a range of 720 points. From a low of 18,976, the index rebounded into the positive zone and touched a high of 19,696….
Continue reading...Bharti Airtel stock outperforms peers
At new 52-week high even as other stocks in the telecom sector struggle. Bharti Airtel, the country’s largest telecom player, has emerged as an outperformer in the sector. The company’s shares have started a steady rally at a time when other telecom stocks are still struggling. Ov…
Continue reading...World markets rally after Wall Street biggies post better-than-expected earnings
BANGKOK (AP) — An energetic rebound on Wall Street spurred by strong earnings reports and better-than-expected housing starts sent world stocks higher Wednesday. Oil prices rose above $109 a barrel after a report showed U.S. gasoline supplies fell for a second week, suggesting high…
Continue reading...Pipavav Shipyard to sell stake to foreign player
Pipavav Shipyard Ltd is in advanced talks to sell stake to an international shipyard and a deal is likely within the next two weeks, a source with direct knowledge of the matter said on Tuesday. “Pipavav is talking to a large international player. It would take about one or two wee…
Continue reading...Stocks Tumble on U.S. Debt Outlook but Off Early Lows – Wall street
Already frightened by fears about Europe’s debt crisis and China’s latest tightening, financial markets got really spooked Monday morning when Standard & Poor’s cut its outlook on America’s AAA debt rating to negative from stable. The idea America could lose …
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