Tag Archives: Trade

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 »

Ripple Jumps 41% To Trade At $1.50

Ripple’s market cap rose from $45 billion to $55 billion in just one day. Following the upward trajectory of bitcoins and ethereum, ripple also rose by 41% in one day, following the continuous fall reported in past few days. Ripple rose to $1.50 on Thursday, as per the BitStamp data. All cryptocurrencies were battered in past two days after media ... Read More »

Sensex, Nifty stay afloat in volatile trade

Key stock indices Sensex and Nifty on Monday rode out sharp fluctuations, but closed flat, with realty, metal and power stocks saving the day for them. Risk appetite took a back seat, reflecting mixed Asian shares on lingering concerns about American tax reforms, traders said. The market struggled for direction as the 30-share Sensex resumed on a high, but soon ... Read More »

WhatsApp leak: Sebi, exchanges checking listed companies’ trade details

Sebi and exchanges have started examining trade details of over two dozen stocks as part of a probe into alleged leak of key financial details of these companies through WhatsApp while the regulator is also considering seeking call data records of the persons involved. The companies include several listed blue-chip firms, officials said on the condition of anonymity. The exchanges are analysing the trade ... Read More »

BRICS Summit 2017 has potential to boost trade, economy, finance but members need to start work now

The idea of BRIC emanated from an investment bank which had conjectured a theoretical possibility of four countries in the developing world, i.e. Brazil, Russia, India and China, taking on the role of engine to growth for the world economy. This concept gained more relevance after the financial crisis set in where it was believed that the emerging markets were ... Read More »

GST impact: Jayant Sinha urges trade, industry to trust the system

Jayant Sinha, Minister of State for Civil Aviation speaking at an awareness meeting on GST in Coimbatore on Tuesday S Siva Saravanan The wet grinder cluster in Coimbatore finally had something to cheer about when Jayant Sinha, Minister of State for Civil Aviation, took note of their plea on GST rate fitments and assured the members that he would do ... Read More »

Market Live: Sensex, Nifty trade firm; pharma rises after days of correction

European bourses are expected to open lower Tuesday, as investors shift their attention to political events going on in Europe and overseas. The London FTSE 100 index is called to open 14 points lower at 7,533, the German DAX down 13 points at 12,614 and the French CAC down 22 points at 5,310, according to IG. 12:20 pm Market Check: ... Read More »

Global finance officials argue benefits of free trade

The world’s major economies are united in their belief that free trade delivers healthy economic growth. But they also agree that more needs to be done for those left behind, and the new Trump administration is letting it be known that it intends to make sure that America’s trade deals are fair for U.S. workers. German Finance Minister Wolfgang Schaeuble ... Read More »

China posts worst export fall since 2009 as fears of U.S. trade war loom

China’s massive export engine sputtered for the second year in a row in 2016, with shipments falling in the face of persistently weak global demand and officials voicing fears of a trade war with the United States that is clouding the outlook for 2017. In one week, China’s leaders will see if President-elect Donald Trump makes good on a campaign ... Read More »

Asian shares slip in holiday-thinned trade, focus turns to U.S. data

Asian shares struggled on Thursday after a lacklustre performance on Wall Street, with investors looking to U.S. economic data later in the day for potential catalysts even as markets started winding down ahead of the holidays. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS erased early modest gains and slipped 0.3 percent, while Japan’s Nikkei stock index .N225 was ... Read More »