Market

Trading Calls: Buy Titan, Bajaj Finance, Exide Industries, Say Experts

The stock markets extended record run in trades today with Sensex hitting fresh all-time high of 30,346.79 and Nifty rising to hit record high of 9,450.65. The record run in the stock markets came after a pause on the back of whether department predicting stronger-than-expected rains which will help boost rural incomes for those who are dependent on agriculture for ... Read More »

What If You Invested In D-Mart IPO? Rs. 1,000 Would Have Become Rs. 2,750

Shares of Avenue Supermarts, which owns and operates supermarket chain D-Mart, surged as much as 1.92 per cent to hit a fresh 52-week high of Rs. 824.50 in early deals on Monday, after the company reported a strong set of earnings in the quarter ended March 2017. Avenue Supermarts, which is promoted by veteran investor Radhakishan Damani, was listed on ... Read More »

Plunging oil prices show OPEC has lost its grip on the market

OPEC is widely expected to extend production cuts that initially boosted oil futures above $50, but prices just keep falling. That raises concerns that oil prices could struggle to return to their 2017 highs in the mid and upper $50s even if the Organization of the Petroleum Exporting Countries carries over the output reductions through the second half 2017 when ... Read More »

Spring housing: ‘Strongest seller’s market ever’

A real estate agent shows a home to a prospective buyer in Miami. Spring homebuyers are pounding the pavement at a furious pace, but the pickings are getting ever slimmer. Even as more homes come on the market for this traditionally popular sales season, they’re flying off fast, with bidding wars par for the course. Home prices have now surpassed ... Read More »

Stocks close lower as Wall Street braces for French election, but post weekly gains

U.S. stocks closed lower in choppy trade Friday as investors looked ahead to the French election. Wall Street also digested falling oil prices and comments from the Trump administration on tax reform. The Dow Jones industrial average fell about 30 points with IBM contributing the most losses. The index briefly turned positive in afternoon trade after President Donald Trump told ... Read More »

Investors are right to be concerned about the market, expert says

With the recent action in the stock and bond markets, investors are right to be a little bit concerned right now, Burns McKinney told CNBC on Friday. “Stocks are a little bit expensive across every factor, whether it’s price to sales, price to earnings … [or] market cap relative to the economy,” the chief investment officer for Allianz NFJ Investment ... Read More »

Ways to make money in a rising market

It would be an understatement if we say that there is a left out feeling in the market. With BSE Sensex touching the 30,000 mark for the second time in two years many investors have been caught sitting on the sidelines. Having reduced their position ahead of the five state elections, retail investors were waiting for an opportunity to re-enter. ... Read More »

Why the market for fossil fuels is all burnt out

‘I usually put a £5 bet on the oil price – and I’m collecting,” smiles Prof Dieter Helm. It’s not difficult to imagine his tally of modest wagers adding up. The highly regarded Oxford University economics professor is a long-time industry observer. Today, he is in central London after taking meetings with major oil executives. He is also a familiar ... Read More »

Steel stimulus drive China’s strongest economic growth since 2015

China’s economy expanded faster than expected in the first quarter as higher government infrastructure spending and a gravity-defying property boom helped boost industrial output by the most in over two years. Growth of 6.9 percent was the fastest in six quarters, with forecast-beating March investment, retail sales and exports all suggesting the economy may carry solid momentum into spring. But ... Read More »

Automation won’t destroy every marketing job

Robots: Love them or hate them, there’s no denying employees in certain industries are going to lose jobs to them. Many manufacturing jobs have been replaced by automation and offshoring, with 13 to 25 percent of specific machine-working jobs estimated to be lost over the next decade. A 2013 study found up to 47 percent of American workers have jobs ... Read More »