Divya

Economic woes spook markets

Indian equities slipped into negative territory in view of a non-event interim budget and mounting global worries. Investors lost nearly Rs one lakh crore on budget day, on February 16, giving thumbs down to the interim budget 2009-10. For the week ended ... Read >

Markets recover from early losses on stimulus hopes

Positive global cues and hopes of another sector-specific stimulus package and tax sops by the government in this year's interim budget helped the Indian stock market regain some of its early week losses for the week of February 2-6. Renewed concerns abou... Read >

Rate sensitives face the heat, as global cues turn weak

The stock market news for the last week is not encouraging at all. The benchmark market indices ended with losses last week. For the week ended January 23, the BSE 30 share Sensex fell nearly 7 per cent or 649 points to finish at 8,674 points. Nifty, the... Read >

Gold bucks commodity trend

The gold prices have clearly decoupled from that of other commodities, which continue to see weakening trend in 2009. What is the reason for Gold price in india to buck the trend? Flight to safety. Just in the beginning of the year, giant losses at major ... Read >

Is it the time to go back to basics?

This year has not really been very positive for corporate India and also for the key stock market index, Sensex and the Nifty. The year began with the unveiling of one of the biggest scandals of India Incâ€"The Satyam Scam. The case has not only given a b... Read >

Global markets eye Obama’s swearing-in on Jan 20

For the last few weeks, IT giant Satyam has been hogging all the limelight and that too for all the wrong reasons. Needless to add that all the market news India has been dominated by arguably one of the biggest scandals in the corporate world in present ... Read >

Govt. takes proactive steps to revive troubled Satyam

The markets are going through one of the roughest phases in recent years witnessing heavy selling pressure across various sectors. Earlier during the month the markets went into a tailspin following the Satyam chairman Ramalinga Raju admitting a massive a... Read >

2008: The year of financial disasters

The year 2008 will go down as the year of ups and downs in history. This was the year when economic turmoil and business news remained in the thick of things all year round. This was also the year when jargons like subprime, mortgage, bailout, equity and ... Read >

2009: What will the markets eye?

The Indian share market did witness the much-awaited year-end rally some time back. The market news is that the benchmark Sensex gained nearly 400 points in two trading sessions. As a result, it managed to hit the crucial 10,000 mark some time back. The N... Read >

Gold promises to be an outperformer in 2009

On the global scale, gold performed exceptionally well as compared to other commodities during the past one year. Investors prefer to invest in gold since it is considered as a financial lifesaver, thus making the yellow metal peak to an all-time high. Go... Read >

Indian markets off to a good start for 2009

Indian equity markets rang in the New Year 2009 with a bang amid expectation of a second economic stimulus package. The opening week of 2009 raised some hopes for worried investors who are so shaken from the violent market swings in the past year. However... Read >

Asian stocks rise on Fed rate cut

Most Asian markets climbed after the US Federal Reserve slashed its main interest rate between zero and a quarter of one per cent in accordance with its plan to fight deflation and deepening recession. However, investors were pretty much concerned over th... Read >

Gold advance further on firm Global Cues

Gold prices have gained ground in the past few weeks in view of strong rally in global markets. But surprisingly, it is not the domestic demand that have led to rise in gold prices rather it is the firm trend in international prices that is leading to bul... Read >

Satyam cancels Maytas acquisition as Investors fume

In business news, IT Major Satyam faced the ire of its shareholders and called off $1.6 billion deal to buy family owned infrastructure firms Maytas Properties and Maytas Infrastructure. Satyam was forced to backtrack on its plans within a day after its... Read >

Markets respond well to mega booster dose for Economy

The month of December couldn't be better for the Indian economy with the government announcing the much awaited stimulus package to help prevent the economy witnessing downtrend. However, it would be better to call it a ‘psychological' stimulus package ... Read >