Tag Archives: Higher

Market Live: Sensex, Nifty trade higher after budget speech, PSU bank, pharma stocks fall

BSE Sensex and NSE Nifty trade higher on Thursday. Photo: Mint Mumbai: Benchmark indices traded marginally higher on Thursday after finance minister Arun Jaitley announced a long-term capital gains tax for investing in equities. BSE Sensex sank 300 points, while the Nifty 50 slipped below 11,000. Bonds were range-bound, with the rupee weakening against US dollar. Also, Jaitley in his last ... Read More »

Bajaj Finance trades higher on fund raising through QIP

Bajaj Finance was trading at 1,808.55 per share, up by Rs 14.15 per share or 0.79% as of 1041 hours. The stock attracted a total traded volume of 4,51,632 shares and traded value of Rs 81.39 crore on NSE. The stock was outperforming the Bank Nifty index in the morning hours on Wednesday. Bajaj Finance on Tuesday has launched a qualified ... Read More »

Sensex Ends 258 Points Higher, IOC Gains Over 4%

Indian shares witnessed sharp rebound on Wednesday tracking gains across other global indices. The Sensex rose 258 points to settle at 31,646.46 while the Nifty50 index closed 88 points higher at 9,884.40 after gaining over 100 points to 9,909.45 during intraday trade. Gains in the market were led by energy and banking stocks with their respective indices gaining 1.91 per ... Read More »

10 Ways Faith Based Companies Can Seek a Higher Calling

Despite secularism growing in America, with research showing there are around five million fewer Christians across the United States than there were in 2007, faith-based companies continue to thrive. In fact, a study conducted in 2013 indicated that entrepreneurs in the United States meditate more frequently than non-entrepreneurs.  The United States has a rich history of business owners operating their companies in line with ... Read More »

UK economic growth rate edges slightly higher

A stronger UK film industry helped the service sector to expand, the ONS said. UK economic growth edged slightly higher in the three months to June, as a stronger service sector offset weaker manufacturing and construction. The Office for National Statistics (ONS) said the economy expanded by 0.3% in the quarter, up from 0.2% in the previous three months. But ... Read More »

Yogurt firm warns on higher milk prices

Danone, the world’s largest yogurt maker, has said it expects a “steep rise” in milk prices this year. The French firm, which makes Activia and Actimel yogurts, said the increase would weigh on profits, but did not say if it would need to raise prices. Danone also said it was implementing cost cuts worth 1bn euros (£850m). Milk prices will ... Read More »

Expectations of Donald Trump dismantling Dodd-Frank send banking shares higher

Shares in banks and insurance groups are rallying in London, following the reports that President Donald Trump will take steps to dismantle regulations brought in to prevent another financial crisis. Mr Trump is expected to order a review of the Dodd-Frank Act on Friday, which was implemented in the aftermath of the 2008 financial crisis to prevent a repeat of ... Read More »

Rising gasoline, rents push U.S. inflation higher in September

U.S. consumer prices recorded their biggest gain in five months in September as the cost of gasoline and rents surged, pointing to a steady build-up of inflation that could keep the Federal Reserve on track to raise interest rates in December. The Labor Department said on Tuesday its Consumer Price Index increased 0.3 percent last month after rising 0.2 percent ... Read More »

Investors seek profit turnaround to drive stocks higher

A heavy slate of U.S. corporate earnings could set the course next week for a wavering U.S. stock market. Better-than-expected big bank earnings on Friday somewhat helped shore up Wall Street’s confidence, which has been shaken by a rocky beginning to third-quarter reporting season, marred by disappointing results from industrial and healthcare companies. But with the bulk of results still ... Read More »

FTSE ends slightly higher, miners lead

Britain’s top shares index closed slightly higher on Wednesday, breaking a three-day losing run, as firmer mining stocks enabled the market to recover some ground. The blue-chip FTSE 100 index finished 0.12 percent firmer, near a one-month low but still up around 7 percent since the start of 2016. Miners were the best performers, with the UK mining index rising ... Read More »