At 7: 47 am (IST), Asian markets were trading mixed. China's Shanghai Composite was up 0.23% or 7.03 points at 3,057.56. Hong Kong's Hang Seng was flat at 24,017.33. Japan's Nikkei was down 0.23% or 22.32 points at 9,569.20. Singapore's Straits Times added 0.45% or 14.31 points at 3,167.61. South Korea's Seoul Composite was flat at 2,142.73. Taiwan's Taiwan Weighted rose 0.42% or 36.56 points at 8,754.68.
18 April 2011
15 April 2011
Gold at all-time high of Rs 21,710
Both silver and gold set new records on the bullion market today on hectic buying by stockists for the upcoming marriage season amid firm global cues.
While silver spurted by Rs 2,700 to a new high of Rs 63,200 per kg, gold gained Rs 280 to touch an all-time high of Rs 21,710 per 10 grams.
Trading sentiment turned extremely bullish as gold and silver soared to a record levels in 31 years in global markets as inflation in China accelerated underscoring the challenge that central bankers worldwide face in combating rising prices. Read more
Trading sentiment turned extremely bullish as gold and silver soared to a record levels in 31 years in global markets as inflation in China accelerated underscoring the challenge that central bankers worldwide face in combating rising prices. Read more
Sensex gains 434 points ahead of Infosys Q4 numbers
It was a spectacular pullback rally for the Indian equity benchmarks on Wednesday, recouped entire losses shed in previous four sessions as well as today's initial sell-off. For more
IT Index Down by 5%
The equity benchmark indices were bleeding in red on poor guidance from IT bellwether Infosys for FY12. BSE IT index was down 5%. Power, capital goods, oil & gas, realty and metals were down 1% each.
At 09.36 hrs IST, the Sensex was down 184.02 points or 0.93% at 19512.84, and the Nifty was down 59.65 points or 1.01% at 5851.85. About 848 shares advanced, 954 shares declined, and 1828 shares remain unchanged.
Hero Honda, Hindalco, Bharti Airtel, HDFC and ITC were up 0.2-2%. On the losing side, Infosys was down close to 7%. Wipro was down 4%. TCS, ONGC and NTPC shed 1-2%. Read more>>
At 09.36 hrs IST, the Sensex was down 184.02 points or 0.93% at 19512.84, and the Nifty was down 59.65 points or 1.01% at 5851.85. About 848 shares advanced, 954 shares declined, and 1828 shares remain unchanged.
Hero Honda, Hindalco, Bharti Airtel, HDFC and ITC were up 0.2-2%. On the losing side, Infosys was down close to 7%. Wipro was down 4%. TCS, ONGC and NTPC shed 1-2%. Read more>>
13 April 2011
Positive Asian cues
Indian equity benchmarks were strong in trade after witnessing a consolidation in previous four days with a negative bias. About 40 stocks out of 50 on the Nifty were in green - technology ahead of Infosys earnings tomorrow, financial, auto, capital goods, FMCG and power sectors led the 50-share NSE Nifty to 5850 level at 11:40 hours.
Asian markets too recovered - Nikkei, Straits Times and Kospi were up 1-1.5%. Hang Seng and Taiwan went up over 0.5%. Shanghai rose 0.35%.
Fourth quarter earnings season is set to kick off tomorrow with IT bellwether Infosys. Infosys is expected to report a fourth quarter profit after tax (PAT) of Rs 1856 crore, a growth of 4.2% over Rs 1779.8 crore in previous quarter, according to CNBC-TV18 estimates. Infosys, HCL Tech and Wipro gained more than 1%; TCS jumped over 2%. For more Read the full story
Asian markets too recovered - Nikkei, Straits Times and Kospi were up 1-1.5%. Hang Seng and Taiwan went up over 0.5%. Shanghai rose 0.35%.
Fourth quarter earnings season is set to kick off tomorrow with IT bellwether Infosys. Infosys is expected to report a fourth quarter profit after tax (PAT) of Rs 1856 crore, a growth of 4.2% over Rs 1779.8 crore in previous quarter, according to CNBC-TV18 estimates. Infosys, HCL Tech and Wipro gained more than 1%; TCS jumped over 2%. For more Read the full story
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