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Market News

Location American Market News for 4 July 2013

NRIs make a beeline to capitalize on falling rupee

livemint.com - 4 Jul 2013 20:00
NRIs make a beeline to capitalize on falling rupee Financial planners see surge in enquiries on rupee's fall as overseas Indians look to remit, buy real estate or stocks
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Markets surge but pound slumps after Mark Carney and Mario Draghi interventions Stock markets across Europe roared to life on Thursday after Mark Carney and Mario Draghi signalled that interest rates would remain low for years to come in a co-ordinated push to drive growth.
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Markets rise but pound slumps after Mark Carney and Mario Draghi interventions Stock markets across Europe roared to life on Thursday after Mark Carney and Mario Draghi signalled that interest rates would remain low for years to come in a co-ordinated push to drive growth.
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Firstsource shares surge on report of 4.9% stake changing hands According to a Bloomberg report, around 32.5 million shares changed hands on NSE
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Business news and markets: as it happened July 4, 2013 FTSE 100 and European markets rebound after BoE Governor Mark Carney and ECB President Mario Draghi back low interest rates for an "extended period".
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Alonso: We must trust in Pirelli

CNN - 4 Jul 2013 17:45
Ferrari ace Fernando Alonso said that the Formula One grid had to place their "trust" in tire supplier Pirelli to sort out the problems which blighted last weekend's British Grand Prix at Silverstone.
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FTSE 100 surges on dovish central banks

Telegraph - 4 Jul 2013 15:32
FTSE 100 surges on dovish central banks London's benchmark index jumped as much as 3.2pc following Bank of England and European Central Bank meetings.
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NMDC's low valuation cushions price cut impact

livemint.com - 4 Jul 2013 15:32
NMDC's low valuation cushions price cut impact There is not much risk of a further fall in share price at current valuation; demand situation, product prices hold key
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Business news and markets: live

Telegraph - 4 Jul 2013 15:27
Business news and markets: live European markets have jumped after the European Central Bank today today said it would hold its bank rates at current or lower levels "for an extended period of time" as it moves to reassure investors rattled by new turm...
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Irda has relaxed minimum sum assured on short-term policies The regulator may have reduced the sum assured for the insurer, but not much will change for you.
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Rent earned in India is taxable

livemint.com - 4 Jul 2013 14:56
Rent earned in India is taxable Rent that you earn from an apartment will be taxed in India irrespective of your residential status.
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Monthly market commentary: June

livemint.com - 4 Jul 2013 14:55
Monthly market commentary: June Indian bond and equity markets were not spared from the global wrath and corrected through the month.
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Indian bond yield drops as cash in the banking system improves The benchmark 10-year bond yield ends down 8 basis points at 7.42%
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Central bank chief's 'joke' sends Australian dollar to 3-year low Stevens' comment was read by investors as a sign policymakers would be likely to reduce rate next month
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HUL shares jump 2.27% as open offer ends

livemint.com - 4 Jul 2013 13:15
HUL shares jump 2.27% as open offer ends The scrip closes at `600.75, matching the offer price of `600 for a share
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Better times ahead for Madras Cements

livemint.com - 4 Jul 2013 10:44
Better times ahead for Madras Cements Madras Cements has got its act together through the downturn by gearing up on scale and efficiency
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Global economy slowed in June

livemint.com - 4 Jul 2013 09:58
Global economy slowed in June The Global All-Industry Output index falls to its lowest level this year
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Many lending rates lower now than in 2004

livemint.com - 4 Jul 2013 06:38
Many lending rates lower now than in 2004 FM asks banks to cut lending rates to boost credit growth; but are high rates the only deterrent to investments?
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Rupee strengthens in opening trade on positive cues

livemint.com - 4 Jul 2013 06:28
Rupee strengthens in opening trade on positive cues The rupee was trading at 59.99 per dollar compared with Wednesday's close of 60.215/225
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Sensex advances; ITC, software majors lead gains

livemint.com - 4 Jul 2013 06:15
Sensex advances; ITC, software majors lead gains A depreciating rupee boosts software stocks on expectations of higher revenue in rupee terms
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Asian stocks cautious as ECB, US job data loom

livemint.com - 4 Jul 2013 04:58
Asian stocks cautious as ECB, US job data loom Asian stocks mixed, market wary ahead of key events; ECB policy decision due later, US jobs data on Friday
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Opening Bell 4 July | Political tensions weigh on markets Unrest in Egypt and fresh uncertainty over the outlook for China's economy cap gains in equity markets
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