We said ‘Technically the market has seen a good bounce after a prolonged down move and it is but natural that short traders tend to book profits near the previous bottom, and so a bounce should be taken with a pinch of salt. …

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BSE Sensex: (9002) we were expecting a sideways move as the market was a bit exhausted near the high of 9140, the upside seems to be limited at this point of time and as the market needs to consolidate in these regions which appears like a running correction if it has to climb any further…

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MUMBAI: Securities market regulator is seeking feedback on whether trading hours on country’s financial exchanges should be extended to better align them with international markets. “It is important to align Indian markets, as far as possible, with those of the international m…

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NEW DELHI: Inflation for the week ended March 7 fell to an all time low of 0.44%. The sharp fall in inflation was due to several factors including easing prices of food articles and fuel items along with a high base effect. Annual inflation as measured by Wholesale Price Index (WPI) was a…

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WASHINGTON (AP) — The Federal Reserve announced Wednesday it will spend up to $300 billion over the next six months to buy long-term government bonds, a new step aimed at lifting the country out of recession by lowering rates on mortgages and other consumer debt. At the same time, …

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Liddy wants identities of recipients kept private to keep employees safe American International Group Inc. Chief Executive Edward Liddy and employees at the insurer’s troubled derivatives unit have received death threats amid a national furor over big bonuses …

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atyam Computer has sought yet another extension from the stock exchanges to disclose its October-December quarter results, which is being restated in the aftermath of a massive accounting fraud at the IT firm.”We have requested the stock exchanges to give us extension till June 30,&…

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BSE Sensex: (8978) we were expecting profit booking at our next technical level and that was 9140 and the market saw the high at 9140 where profit booking came in also. I would saw that the trading pattern for the day looks more like an exhaustion pattern and an exhaustion day near our ta…

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Realty and metal stocks shine today; Mid-caps – Tulip Telecom zooms 31%, Akuti City skyrockets 28%The Sensex opened 92 points higher at 8,956 backed by positive global cues. Aggressive buying in realty and metal stocks led the index rally to a high of 9,120 – up 256 points fro…

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NEW DELHI: The decision by India’s markets watchdog to tighten the disclosure norms for the promoters of listed companies after the Rs 7300 crore ($1.5-billion) Satyam Computer Services scam appears to have made an impact. …

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