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Market News

Location American Market News for 1 January 2014
Sensex sees quiet New Year opening, trades 40 points higher The BSE metal index rises 0.4% to be the biggest gainer
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FTSE 100 at 30: A big hand for the Footsie

Telegraph - 1 Jan 2014 22:52
FTSE 100 at 30: A big hand for the Footsie The launch of the FTSE 100 index 30 years ago signalled a new era for investors - creating great wealth as well as causing mayhem. By Martin Vander Weyer     
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Markets review 2013: FTSE 100 expected to surge to record City analysts forecast the FTSE 100 to climb above 7,000 in 2014     
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Retirement Savings Tricks Anyone Can Use

Forbes - 1 Jan 2014 19:44
Retirement Savings Tricks Anyone Can Use By now, you've probably heard all about the "latte effect." It works like this: You head down to Starbucks or some other corner coffee shop and plunk down about $2, which is close the average price of joe in the nicer p...
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BSE sets circuit limit of 10% for United Breweries scrip The new limits, which ensure that stock prices don't go up or down beyond a level during a trading session, will be effective from Thursday
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Bombay Bullion Association eyes 5% stake in MCX

livemint.com - 1 Jan 2014 17:01
Bombay Bullion Association eyes 5% stake in MCX BBA joins hands with United Stock Exchange for the purchase; sents a letter of intent to FMC
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Investors welcome Apollo-Cooper deal break, but who will pay the penalty? Both companies are set to initiate legal action against each other to claim the penalty. The uncertainty on that could cap the upside in the stock
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Income arising to the spouse from transferred asset is taxed Any transfer of asset to your spouse without adequate consideration attracts clubbing provisions
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DYK: What lock-in means for a pension plan

livemint.com - 1 Jan 2014 14:54
DYK: What lock-in means for a pension plan In a pension plan the lock-in periods are usually till your retirement age
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More points to pension this year

livemint.com - 1 Jan 2014 14:53
More points to pension this year The PFRDA now has not only the bark but also the bite to keep the industry in line
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Gold, silver gain on low-level buying

livemint.com - 1 Jan 2014 13:36
Gold, silver gain on low-level buying Gold of 99.9 and 99.5% purity rebounded by Rs225 to Rs30,025 and Rs29,825 per ten grams, respectively
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Michael Schumacher, who suffered severe head injuries in a weekend skiing accident in France, remains in stable condition Wednesday, his manager Sabine Kehm tells the world's media.
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No positive triggers yet for real estate

livemint.com - 1 Jan 2014 10:19
No positive triggers yet for real estate In 2014, investor interest would be driven by lower interest rates, price correction and visible revenue growth
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Tough times to continue for state-owned banks

livemint.com - 1 Jan 2014 09:15
Tough times to continue for state-owned banks For banks, a weak economic outlook means continued pressure on asset quality and a slow pace of credit growth
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Rupee opens 2014 trade slightly lower at 61.83 per dollar The partially convertible rupee opens at 61.83 per dollar compared with its previous close of 61.8
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Opening Bell 1 January | Fiscal deficit outlook worsens US markets end their best year in more than a decade with moderate gains; fiscal deficit touches `5.09 trillion in Nov
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Housing, Automotive And Crude Oil Shipments To Drive Norfolk Southern's Growth In 2014 As we enter 2014, the company continues to face headwinds in its revenues from coal shipments but general merchandise and intermodal shipments look promising.
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Gold Falls 28% in 2013

Wall Street Journal - 1 Jan 2014 00:15
Call it the year gold melted down. Gold prices fell Tuesday, locking in the largest annual decline since 1981 and ending a 12-year bull run.
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Why Investors Should Be Wary Of 2014

Forbes - 1 Jan 2014 00:01
After taking a glance back at the last 12 months, it?s clear that investors have a lot to be nervous about as we say good-bye to 2013 and hello to 2014.
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