News

Gearing up for Delhi elections: AAP banks on achievements, BJP hopes for Congress revival

ET News - Tue, 01/21/2020 - 22:57
A divided BJP Delhi unit could not finalise a chief ministerial candidate to take on AAP leader Arvind Kejriwal. As a consequence, BJP will be contesting another Assembly poll in the name of PM Narendra Modi. BJP lacks a tall leader in Delhi who can rally support from various sections of society here.
Categories: Business News

Removing Article 370 beyond centre’s ambit: Petitioners to SC

ET News - Tue, 01/21/2020 - 22:57
The Supreme Court on Tuesday began hearing multiple petitions which questioned the Centre’s decision to remove Jammu and Kashmir’s special status and subsequent division into two Union territories. The petitioners contend the changes are beyond the Centre’s powers and want the court to strike down the new provisions.
Categories: Business News

Ready for CAA-NRC debate with PM, HM: Kapil Sibal

ET News - Tue, 01/21/2020 - 22:57
“I challenge the PM and the HM to debate with me, anywhere and anytime of their convenience... I will expose their lies,” Sibal said at a Congress press conference, soon after Shah dared opposition leaders, including Rahul Gandhi, to debate with him on CAA.
Categories: Business News

Traders bet on calendar spread as Nifty moves in a tight range

ET News - Tue, 01/21/2020 - 22:57
A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors.
Categories: Business News

Nifty may find support at 5300 level

ET News - Tue, 01/21/2020 - 22:57
As far as stock futures are concerned, we are very near to the highest-ever open interest with 195 crore shares in open interest.
Categories: Business News

Seven out of top 10 Asian small-cap funds are Indian

ET News - Tue, 01/21/2020 - 22:57
An analysis of 300 Asian small-cap schemes shows DSP BlackRock Micro Cap Fund leading the charge, delivering an 82% return over the past year.
Categories: Business News

Inflation reflects growth dynamics in India: Christopher Wood

ET News - Tue, 01/21/2020 - 22:57
India has inflation and it reflects the fundamental growth, Christopher Wood, equity strategist, CLSA, said at ET Now Mkt Summit-2010.
Categories: Business News

Market may trade in a range, but FIIs seen sold on India

ET News - Tue, 01/21/2020 - 22:57
Market may see range-bound trading this week in the absence of any major trigger.
Categories: Business News

'Don't bank only on price-to-earning ratio'

ET News - Tue, 01/21/2020 - 22:57
Many experts believe that looking at PE ratio in isolation won’t help investors grasp realities of the mkt and higher valuation may not be the only deciding factor driving mkt.
Categories: Business News

Prabhudas Lilladher has a reduce rating on Infosys

ET News - Tue, 01/21/2020 - 22:57
Prabhudas Lilladher has a ‘reduce’ rating on Infosys Technologies as it feels that the outlook for the company and the software industry is quite weak in the near-term.
Categories: Business News

Fin Crisis: Too late and too little done in US

ET News - Tue, 01/21/2020 - 22:57
A crisis of $240 trillion cannot be stemmed with bailout packages of $1 to $10 trillion. 2008: Year of global financial crisis | Survive credit crisis | Ghosts of 1929
Categories: Business News

Weak rupee takes its toll on cos with huge foreign debt

ET News - Tue, 01/21/2020 - 22:57
The falling rupee will severely affect the small companies, whereas the big ones will be impacted moderately. Get rid of Debt | Adopt correct investment strategies
Categories: Business News

Wait for more signals before turning positive

ET News - Tue, 01/21/2020 - 22:57
At the recent low of 12514 points, the Sensex has tested the 12800-12000-pts support zone and has since then attempted a corrective rally.
Categories: Business News

Six Indian cos among BusinessWeek's top 100 Infotech firms

ET News - Tue, 01/21/2020 - 22:57
BusinessWeek's 'The Infotech 100', has ranked Bharti Airtel at the 21st position followed by Reddington India (55th) and RCom (66th). Successful business formula
Categories: Business News

Indian firms slip in global ranking; four move out of Top-500

ET News - Tue, 01/21/2020 - 22:57
14 firms present in a new list of world's 500 most valued firms together seeing an erosion of about $150 billion in their market value in the first three months of this year.
Categories: Business News

'Big Daddy' laps up Cipla after Q1 nos beat forecast

ET News - Tue, 01/21/2020 - 22:57
Shares of Cipla inched up on heavy volumes on Friday, after the company’s first quarter earnings beat the consensus estimate.
Categories: Business News

Old Fox has dream run on Dalal Street

ET News - Tue, 01/21/2020 - 22:57
The Old Fox of Dalal Street has been on a dream run since the past couple of weeks. On Friday, most stocks that he had been steadily building up positions in figured among key gainers of the day.
Categories: Business News

Cairn India hits record high on BSE amid stake sale talks

ET News - Tue, 01/21/2020 - 22:57
The scrip, which was flat for most of the session, shot up in the final hour of trade on the Bombay Stock Exchange to settle with a net gain of 4.36 per cent at Rs 355.45.
Categories: Business News

Vedanta plunges 5.59% on LSE amid talks to buy Cairn stake

ET News - Tue, 01/21/2020 - 22:57
In the late afternoon session, the scrip was being traded at 20.61 pounds, down by 5.50 per cent on the LSE. Vedanta opened on a positive note, but soon swung into the red.
Categories: Business News

SBI shares on gaining spree; hit record high

ET News - Tue, 01/21/2020 - 22:57
In the past two days, the scrip recorded a gain of over 9 per cent on the BSE, making its investors richer by a whopping Rs 15,000 crore.
Categories: Business News