Mumbai, Nov 9 (IANS) The week saw Donald Trump returning to power in the US election amid a second consecutive rate cut by Fed this year, as the Indian stock market continued to experience consolidation due to heightened selling pressure from foreign institutional investors (FIIs).
Mumbai, Nov 8 (IANS) Shares of Anil Ambani-led Reliance Power on Friday hit the lower circuit of 5 per cent at Rs 41.58 after the Solar Energy Corporation of India (SECI) debarred the company from floating any tender for the next three years for allegedly submitting fake documents.
New Delhi, Nov 8 (IANS) India's fast-moving consumer goods (FMCG) sector grew 5.7 per cent by value and 4.1 per cent by volume in the July-September quarter driven by rural demand which grew faster than urban markets for the third consecutive quarter, according to the latest report by consumer intelligence firm NielsenIQ.
Mumbai, Nov 8 (IANS) The Indian benchmark indices opened flat on Friday after the second consecutive rate cut by the US Fed, as selling was seen in auto, PSU bank, media, oil and gas sectors.
Mumbai, Nov 8 (IANS) The US Fed’s second consecutive rate cut this year of 25 basis points should be bullish for emerging markets like India, market experts said on Friday.
New Delhi, Nov 7 (IANS) Gold prices continue to fall after the US presidential election and on Thursday, the December future contracts of gold on MCX opened with a decline of 0.37 per cent at Rs 76,369 per 10 grams, while silver December future contracts were trading 0.24 per cent low at Rs 90,601 per kg.
Mumbai, Nov 7 (IANS) The Indian stock market opened in red on Thursday as heavy selling was seen in metal, auto, financial service, pharma, FMCG, energy, private bank and infrastructure sectors in early trade.
New Delhi, Nov 6 (IANS) Indian service providers maintained a strong rate of output expansion in October, with growth recovering from September's ten-month low, which also led to the creation of more jobs during the month, according to HSBC's survey released on Wednesday.
Mumbai, Nov 6 (IANS) As counting for the keenly-contested US presidential election went underway, the Indian stock market opened in green on Wednesday as buying was seen in sectors like realty, media, energy, private bank and infrastructure.
New Delhi, Nov 5 (IANS) The upcoming wedding season in India which will extend from November 12 till December 16 is likely to generate business worth nearly Rs 6 lakh crore from 48 lakh weddings which constitutes a 41 per cent increase over the corresponding figure of Rs 4.25 lakh crore recorded for 35 lakh weddings last year, according to a study carried out by the Confederation of All India Traders (CAIT).
