Investor optimism about the global economy has soared to its highest level in nearly six years, with fund managers across the world putting their cash back into equity markets, a Merrill Lynch survey has said.A net 75 per cent of the fund managers surveyed in August across the globe belie…

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NEW DELHI: The finance minister has put his seal of approval on a proposal that could willy-nilly lead to disinvestment in many of India’s biggest listed public sector companies starting as early as April 2010. Pranab Mukherjee has okayed a plan that will make it compulsory for at leas…

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MUMBAI: With the much-awaited debut of Adani Power on the bourses on Thursday proving to be a somewhat dull affair, investors are assessing the Gautam Adani Calculate before investing in IPO Investing for long term Pick stocks on fundamentals Fiscal & revenue deficit implicatio…

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BANGKOK: Investment guru Marc Faber says markets across the world are overbought and Indian markets may have peaked for the year. He expects the dollar to rebound over the next three months. Excerpts from the conversation: Your call on China and the weakness that has crept in over the …

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Mumbai: Ekkay Magic, a Baroda-based IT services company that focuses on software development and related services, has launched a service that allows investors to apply for an IPO through SMS. “SMS IPO”, a service that can be offered by any broker, allows registered users to …

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COIMBATORE: With markets remaining patchy due to concerns about poor monsoon and the strength of the global recovery, mutual funds (MFs) are slowly moving to the sell-mode. MFs have net sold equity worth Rs 756.7 crore in this month (up to August 17), data with SEBI shows. The volatility…

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MUMBAI: Shares in Adani Power bounced around the issue price of 100 rupees after a shaky opening for India’s first large IPO in 18 months, a performance that may prompt other listing hopefuls to lower their valuation expectations. At 0529 GMT, shares in Adani Power, which raised $…

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Here are stocks that are in news today: Adani Power to list today, issue price Rs 100 ((grey market premium Rs 10-12)) Sterlite – Sources -Sterlite to raise bid for Asarco to nearly $2.1 billion -Sterlite raises bid to maintain participating interest -Alert: Grupo Mexico raised…

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Beijing: India has enough grain stocks to ride out an expected poor harvest, but the failure of the monsoon adds to global uncertainty about food and grain stocks, the head of an agricultural think tank said on Wednesday. India’s monsoon rains have been 29 per cent below normal sin…

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MUMBAI: Ispat Industries has seen two consecutive days of bearish sticks and the stock below the 20-day Daily Moving Average (DMA) levels yesterday. A close below 20-day DMA levels indicates weakness in a stock. Here are few more technical details about the stock and nine others. Ispat…

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