MUMBAI | NEW DELHI: Bajaj Auto, Axis Bank and miner Sesa Goa will lead the S&P CNX Nifty companies’ June quarter earnings rise by a fifth and a 26% surge in sales, validating Reserve Bank of India governor Duvvuri Subbarao’s belief that the economy is still humming. Profi…

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Stocks gained, erasing the MSCI All- Country World Index’s 2011 loss, while the euro rose and Treasuries tumbled amid speculation Europe will take action to prevent a Greek default. Commodities surged the most this month. The MSCI equit…

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By Edward Krudy NEW YORK (Reuters) – Stocks headed for three days of losses on Friday on worries about the Italian banking sector and Greece’s austerity plan, but the S&P 500 managed to hold its 200-day moving average in a sign of market strength. Italian banks UniCredi…

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The shares of aviation companies such as Jet Airways, Kinghfisher Airlines and SpiceJet are in demand as domestic traffic grew 14.8% in May compared to the same period last year. Domestic traffic crossed 540,000 in the month and the total number of passengers flown was 549,200. Jet Airwa…

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an Pylas, AP Business Writer, On Wednesday June 15, 2011, 11:21 am EDT LONDON (AP) — A violent protest against the Greek government’s latest austerity package hit stocks hard Wednesday and sent the euro sliding over a percent against the dollar. With hundreds of protesters c…

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Markets have slipped further in the noon deals. Analysts say markets are eyeing the Reserve Bank of India’s stand on interest rate going forward. Higher inflation – up at 9.06% in in May versus 8.66% in April – is expected to haunt growth drivers. Economist expect RBI to hik…

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The decree outlines who would be exempt from military draft if war broke out. Vietnam has conducted live-ammunition exercises in the sea adjacent to the waters it disputes with China. The area is thought to be rich in natural resources, and Hanoi has accused Beijing of harassing its oil…

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Markets likely to open flat, Support for nifty is at 5450 and resistance at 5540 Buy Godrej Consumer at 438, Target: 448, SL 430 …

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What was introduced by the government five years back as a tool to help coal consumers in the small non-core sector, has turned out to be a cushion for the largest coal producer in the world against flat production. The contribution of spot sales of coal or e-auction, to Coal India’s o…

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Rise in fuel costs and increase in interest rate crimp domestic demand. Domestic auto sales grew at its slowest pace in 20 months in May, industry data showed today, as buyers wary of rising lending rates and fuel prices shunned showrooms. Sales rose 10.6 per cent in the past month to 1…

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