DGCA summons airline’s officials on safety issues. The Directorate General of Civil Aviation has given Kingfisher Airlines till Monday to come back with a detailed plan of financial recovery and safety, which includes getting 20 grounded aircraft of a fleet of 69 back into the air. Th…
Continue reading...Services sector grows at fastest pace in 5 months
India’s services sector grew at its fastest pace in five months in December riding on a surge in new business and expansion in employment, but rising input prices will likely add to inflationary pressures in the coming months, a survey showed. The HSBC Markit Business Activity Inde…
Continue reading...Technical View:: Nifty, Yes bank, Tata Steel, Bharti Airtel & HDFC
Click on charts to enlarge. Nifty: Nifty recently did give a negative breakout below 4700 levels but again managed to recover back. Technically as of now faces strong resistance near 4800-4830 levels. if manages to cross it, can head upto 4950. if unable to cross 4830 on closing basis,…
Continue reading...Wall Street ends first day of 2012 with gains after data showed U.S. manufacturing activity and construction spending picked up
NEW YORK (Reuters) – Investors, hoping for something better than 2011’s flat stock market, pushed shares higher on Tuesday to begin the new year, though questions remain about whether a rally can be sustained. Based on the latest available data, the Dow Jones industrial avera…
Continue reading...European Stocks Rise Before U.S. Report
European stocks rose, with the Stoxx Europe 600 Index extending a two-month high, before a report that may show manufacturing in the U.S. (NAPMPMI) expanded in December at the fastest pace in six months. U.S. index futures and Asian shares advanced. BHP Billiton Ltd. (BHP) and Rio Tinto …
Continue reading...Germany’s unemployment rate at record low in December
German unemployment fell to its lowest rate in December since 1991, according to the German Federal Labour Agency. The adjusted jobless rate fell to 6.8% from 6.9% in November, the Federal Labour Office said. This marked a new record low since figures for unified Germany were first publ…
Continue reading...Havells India: Bright moves
Setting up a manufacturing base in China should further help profitability. Havells India’s announcement of a 50:50 joint venture with a Chinese company to make lighting products for the global operations of Sylvania, its fully owned subsidiary, has helped its own stock stay firm, even…
Continue reading...Spotting the next bull moves
We are in an economic crisis of a lifetime, where finance itself is under attack. We have seen inflation, destruction of the real value of money, worst performance of stocks in a decade, volatility, higher food prices and exponential gold prices. Call it another coincidence but this is gr…
Continue reading...India’s FII outflows highest among BRIC nations
Even as Foreign Institutional Investors (FIIs) have been selling across markets and pulling out money, their outflow was highest from India in 2011, compared with BRIC peers (Brazil, Russia, India and China) and other emerging markets. According to data compiled by EPFR Global, FIIs withd…
Continue reading...Happy New Year!
NSEGuide wishes its viewers a very happy and a prosperous new year. New Year is the time to unfold new horizons & realize new dreams, to rediscover the strength & faith within u, to rejoice in simple pleasures & gear up 4 a new challenges. Wishing u a truly fulfillin…
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