Tag Archives: down

Closing Bell: Sensex down 301 pts, Nifty below 10,600; ICICI Bank, L&T, Tata Motors dip 3%

[email protected]: Indices end in red for fourth straight session Benchmark indices ended sharply lower, continuing weakness for the fourth consecutive session amid uncertainty over government formation in Karnataka, likely fiscal imbalance due to higher crude oil prices and weaker rupee. May 18, 05:21 PM (IST) Podcast | Sensex cracks 300 points ahead of Karnataka floor test; Nifty below 10,600 The ... Read More »

Getting down to business

A view of the Parliament House in New Delhi. File   | Photo Credit: Sandeep Saxena A bill seeks to make it easier to resolve commercial disputes The Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts (Amendment) Bill of 2018 is pending in Parliament. The Bill intends to jump-start India as a sought-out business destination in the world. ... Read More »

Market Live: Sensex gives up gains, Nifty around 11,000; Nifty pharma down 2%

2:55 pm WiFi Budget: Finance Minister Arun Jaitley has allocated Rs 10,000 crores in 2018-19 for phase two of BharatNet, the government’s ambitious scheme to connect the country’s villages with high-speed optical fibre network. Not part of phase I, the government now also aims to install 500,000 WiFi hotspots to provide broadband access to 50 million rural citizens. India Union Budget ... Read More »

How Will You Respond When The Market Goes Down?

The stock market is like a child with a yo-yo on an escalator. The escalator is long-term results, while the yo-yo moments are short-term gyrations. As investors, our goal is to focus on the escalator, not the yo-yo. But to some degree, we utterly lack the emotional financial maturity needed to avoid the yo-yo’s request for attention. Shutterstock Having enjoyed ... Read More »

Report: Small Business Job Creation Down .02 Percent as Wages Continue to Rise

Small business job growth in the U.S. has slowed for the sixth straight month as wages for these jobs continues to rise. That’s according to the latest Paychex | IHS Small Business Employment Watch for August. August 2017 Small Business Employment Statistics The Small Business Jobs Index did show a slight dip that was negligible. The index across the country declined ... Read More »

As economy and earnings excel, here’s what’s dragging down stocks

Getty Images Pedestrians walk past the New York Stock Exchange. The U.S. economy and corporate earnings continue to impress, but markets’ positive momentum has been sapped by the political follies of the Trump administration. And from a trading perspective, the U.S. dollar is unlikely to stage much of a comeback unless the tone from Washington becomes decidedly more disciplined. It ... Read More »

Don’t panic on that WhatsApp message! No bank is closing down

There are increasing number of messages on WhatsApp and other social media platforms informing people about closure of nine banks. However, these are baseless, untrue and all depositors’ money is safe, according to Finance Ministry and the Reserve Bank of India (RBI). Since last few weeks, Whatsapp Groups have seen a barrage of messages claiming closure of nine public sector ... Read More »

Don’t panic on that WhatsApp message! No bank is closing down

There are increasing number of messages on WhatsApp and other social media platforms informing people about closure of nine banks. However, these are baseless, untrue and all depositors’ money is safe, according to Finance Ministry and the Reserve Bank of India (RBI). Since last few weeks, Whatsapp Groups have seen a barrage of messages claiming closure of nine public sector ... Read More »

Double Trouble For Twitter With Revenue and Stocks Down

Has the Twitter success story run its course? That’s the question being posed on Wall Street after Twitter reported disappointing revenue growth in the first quarter of 2016 recently. In the first quarter, Twitter reported $595 million in revenue, well below the $607.8 million that analysts were expecting. The company added 5 million users, but fell short of the growth that ... Read More »

Market Live: Sensex, Nifty extend gains from opening session, HCL Tech down 2%

Moneycontrol News 11:30 am Buzzing Stock: Shares of JHS Svendgaard Labs were higher by 5 percent intraday as investors cheered the conversion of warrants. The company on Tuesday converted 4,40,000 Warrants allotted on January 5, 2016 and January 8, 2016, into equivalent number of Equity Shares of face value of Rs. 10/- each, at an Issue Price of Rs. 11./- ... Read More »