Group items tagged

Japan's core machinery orders rose at a slower-than-assumed pace in December but companies hopes orders to accelerate in January-March, an encouraging sign that industry is ready to increase spending. Click for Commodity tips

Today, Nse Sensex started on a cautious note with a negative bias in morning trade on Monday ahead of the Union Budget 2016. The fell down in the index was led by losses in HDFC, ITC, L&T, M&M, Maruti Suzuki & HUL.

Today, Crude oil futures plummeted over 1 per-cent in the native market while tumbling to a 6 year low in the overseas market as investors, observers and speculators regained to a heavy sell-off in the energy commodity amidst continued fears that a global oil glut may exacerbate due to the fallout of the OPEC's decision to maintain production at high levels, and sluggish world wide growth of economy which may weaken requirement.

FOMC - Closing months of speculation, observation and for the 1st time in the decade, the US Fed Reserve's rate-setting Fed Open Market Committee (FOMC) increased its Fed Funds Rate by 25 basis pts from the 0-0.25 per-cent range to a target of 0.25-0.5 per-cent.

Air India announced two special schemes for passengers, which could enable them to ring in 2016 year in style. The promotional offers are New Year Special & Lucky 1st.Click For Commodity tips

Today, the 30-share index was trading at 25,965,went up 5 points or 0.02 per-cent. It reached a high of 26000.24 & a low of 25,953.25 in early morning trade.

Previous Year 2015 saw Indian investors & traders move away from the trend of investing in physical assets such as real estate & gold said by Nilesh Shah, MD(managing director) of Kotak Mahindra Asset Management. Instead the focus was more on equities current year. He estimates this will continue in 2016 year as well.

Today, Sensex breaks at 25000, the market expanded losses in morning trading session with the Sensex breaking at 25000, down by 410.08 pts or 1.61 per-cent to 24996.25.

Share tips & currency updates : Cracking a 2-day losing streak, the INR(rupee) went high by 18 paise to 66.75 in early trade on yesterday, as Asian currencies recovered amid reports that the Chinese central bank, PBoC, was intervening to support the tumbling yuan.

RCom - "Reliance Communications" is going to talk with shareholders of telecom operator Aircel for a potential merger of the wireless or mobile businesses for both of the companies. The idea is to mutually derive estimated substantial benefits of in-country consolidation, including operating expenditure (opex) & capital expenditure synergies & revenue enhancement, RCom told in a statement.

Today's news : Asian equities delivered some last-minute Christmas cheer, continuing to rally on the last full trading day of the week before the holiday. Oil prices recovery boosted energy stocks in the areas, with US crude nearly 1 per-cent high in Asia trading following a 4 per-cent rally overnight.