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Market News

Location American Market News for 28 November 2013
Brent holds above $111 on supply worries, US crude stocks weigh Brent crude gained 5 cents to $111.36 a barrel by 0234 GMT, extending gains after settling 43 cents higher
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Asian stocks rise on US economic growth optimism; Nikkei soars Nikkei 225 Stock Average headed for its highest close in nearly six years
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Good News Isn't Helping Gold Prices

Forbes - 28 Nov 2013 21:16
(Kitco News) - Gold prices could continue to struggle as even good news is unable to generate sustainable momentum said analysts.
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Vettel's lonely life in F1 fast lane

CNN - 28 Nov 2013 18:11
Red Bull's four time world champion Sebastian Vettel lifts the lid on life out in front of the pack.
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India's corporate sectors: What's hot, what's not

livemint.com - 28 Nov 2013 17:58
India's corporate sectors: What's hot, what's not Our Mark to Market team examines earnings in key sectors during the September quarter
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RBI to conduct a 14-day term repo auction of `38,500 cr Under term repo facility, RBI offers money to banks for a specific period at varying rates that hover around the repo
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We anticipate stronger and outsized earnings growth for Sinclair Broadcast Group over the next several years, supported by growing retransmission fees, digital coverage expansion, political advertising, and a stable loca...
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Brawn bidding adieu to Mercedes

CNN - 28 Nov 2013 15:23
Ross Brawn, the man who has achieved success with virtually every Formula One outfit he has worked with, is leaving his post as team principal at Mercedes at the end of the year.
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Waiting for the capex cycle to turn

livemint.com - 28 Nov 2013 15:20
Waiting for the capex cycle to turn There is no immediate solution and neither is there just one solution
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You can repay home loan through NRE, NRO account

livemint.com - 28 Nov 2013 14:41
You can repay home loan through NRE, NRO account The NRE account can be used to deposit or remit income that you earn abroad
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India's one-year swaps at three-week low on cash supply optimism Lenders' overnight borrowings from RBI to meet cash shortages dropped to an average `395.41 billion this month, from `400.81 billion in October
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Where are bond prices headed?

livemint.com - 28 Nov 2013 13:55
Where are bond prices headed? For FII money to come in, investors need to be convinced that bond prices will rise in the future
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No urgency in joining global bond indices: Mayaram

livemint.com - 28 Nov 2013 11:43
No urgency in joining global bond indices: Mayaram India can look at making rupee settlements eligible in Euroclear debt platforms, said Mayaram
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Sebi to issue draft insider trading norms in 10 days

livemint.com - 28 Nov 2013 10:40
Sebi to issue draft insider trading norms in 10 days Sebi willl also formalize REITs, in its forthcoming board meeting in December, chairman U.K. Sinha said
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Bitcoin tops $1,000 as virtual money gains wider acceptance Bitcoin gained credibility after law enforcement, securities agencies said in US Senate hearings that Bitcoin could be a legitimate means of exchange
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Dishman's overseas business recovers, but no earnings upgrades yet Dishman's lacklustre revenue guidance points to the headwinds it continues to face
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Cairn India: is the buyback enough to boost the stock? Cairn India will buy back its shares at a price not exceeding `335 a share and up to an amount not exceeding `5725 crore
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Infosys after Narayana Murthy's return: taking stock

livemint.com - 28 Nov 2013 06:32
Infosys after Narayana Murthy's return: taking stock While Murthy's return is doing Infosys good, it's still premature to conclude that the firm will return to its glory days
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With the enormous destruction caused by Super Typhoon Haiyan further hindering its outlook for expansion, the Philippines experienced its weakest economic growth in more than a year last quarter, Bloomberg reports. The N...
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Sensex gains 150 points in morning trade

livemint.com - 28 Nov 2013 06:13
Sensex gains 150 points in morning trade Sensex gains 150.41 points, to 20,570.67, while the Nifty rises 44.40 points, to 6,101.50
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Rupee opens weak against dollar

livemint.com - 28 Nov 2013 05:43
Rupee opens weak against dollar Rupee trades at 62.3075 to a dollar, down 0.24% from its previous close of 62.155
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Bitcoin Index Seeks Clearer Value Picture

Wall Street Journal - 28 Nov 2013 05:06
The CoinDesk bitcoin index is set to expand to the Mt. Gox exchange, in attempt to build a more comprehensive picture of the virtual currency's price.
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