Group items tagged

Americans were buying more clothes, cars and furniture during September according to the Commerce Department's latest data. News that retail sales grew by 1.1 percent for the month helped bolster shares in the sector.

The key domestic benchmarks trimmed some of their earlier gains but were still trading higher today tracking a strong rally in Asian stock markets which rose as speculation of a Spanish bailout and upbeat US data lifted sentiment, spurring demand for risky assets. Stocks rose after Germany signaled that it is open to the idea of Spain seeking funding from Europe's bailout funds, easing concerns over Europe's debt turmoil. Robust US corporate earnings and a rebound in US industrial production last month signaled a pickup in the world's largest economy, bolstering sentiment. Stock Tips Of The Day - by optiontips.in VOLTAS LTD. Read More on: http://www.kyachadega.com/2012/10/positive-indication-of-sensex-asian.html

The yellow metal continued its stellar run with prices spiking 1.5 per cent during late morning trade in the domestic market as a worsening global equity rout amid heightened fears of a China slowdown, sapped the lure for risky assets, bolstering the safe haven appeal of Gold.

The Sensex soared 200 points to end at 27,317 and the Nifty surged 50 points to close at 8,225. Above-normal monsoons, positive macroeconomic numbers coupled with a dovish stance by the Fed bolstered the rally. The last trading day of the week saw some history being formed in intraday session above the 200 day EMA of 8,195 and it is imperative that markets hold ground above the same in the coming expiry week.

Not even optimistic earnings reports were enough to help bolster nursing home operators and insurers following the steep cuts they'll have to endure as a result of the new budget.

Buyback of Warren Buffett's Berkshire Hathway Fund and promises from Europe surrounding bolder action to help bolster the current credit situation enlivened the financial sector today.

A Bank of America default could have led the financial sector to lows rivaling 2008.A $5 Billion influx from Warren Buffett's Berkshire Hathaway led investors to breathe a sigh of relief and consider buying financial stocks today.

Gold miners have yet to catch up with the towering price of gold making them an attractive bargain entry point into the rise of precious metals. Should the price of gold continue to rise a midst on-going volatility miners could catch up.

Industrial metals were climbing in trading today after the months of losses. A report from the Commerce Department on increased manufacturing demand and a bullish note from Goldman Sachs helps some metal miners partially regain...