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Market News

Location American Market News for 4 July 2016

Brexit: A New Phase in the Global Central Bank Experiment

Wall Street Journal - 4 Jul 2016 13:37
Brexit has turned the central-bank debate on its head. Lower bond yields signal further tests for monetary policy
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Will strong electricity generation perk up NTPC earnings? The expectation is plant load factor (PLF) recovery will help NTPC generate decent returns
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Wall Street Strategists Are Surprisingly Subdued on Stocks

Wall Street Journal - 4 Jul 2016 19:07
Forecasters expect the stock market's rut for much of the past few years will continue in the second half.
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IFCI sells 0.5 per cent stake in NSE for Rs89 crore

livemint.com - 4 Jul 2016 16:40
IFCI sells 0.5 per cent stake in NSE for Rs89 crore IFCI sold 2.25 lakh shares, or a 0.5% stake, in the stock exchange at a price of `3,950 apiece
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Equity has the potential to beat inflation in the long run The key to long-term financial planning is to beat inflation and to ensure that the portfolio returns are over and above the inflation rate
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Product crack: Bharti AXA Life Monthly Advantage

livemint.com - 4 Jul 2016 16:35
Product crack: Bharti AXA Life Monthly Advantage This is a limited premium payment term plan, which means you pay premiums only for a certain number of years within the policy term
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Healthy growth in life, non-life insurance premiums in Asia: report In India, the recovery was underpinned by investment-linked products, which posted strong growth through bancassurance channels
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How to manage a fund manager change

livemint.com - 4 Jul 2016 16:35
How to manage a fund manager change While you should keep an eye on a fund that gets a new manager, it may not always be necessary to exit it
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Nearly 200 stocks hit 52-week high on BSE

livemint.com - 4 Jul 2016 15:22
Nearly 200 stocks hit 52-week high on BSE Nearly 200 stocks hit their one-year high level on the BSE on Monday supported by a rally in the broader market
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April-June quarter sees highest fund-raising through IPOs since FY08 According to Prime Database, 19 companies raised a total of Rs5,855 crore through the IPO route in the quarter, after a few dismal years
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The couple that controls Chinese express delivery firm Yunda Express would be worth $1.9 billion under a backdoor listing plan announced on Saturday.
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HSBC turns overweight on India, 2016-end Sensex target at 28,500 HSBC says India is one of the most convincing growth stories with rising GDP growth and narrowing budget deficit with improvement in demand
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U.K. Faces Legal Challenge On Article 50 Process For Brexit It was always looking as if it might take a lawyer to clear a way forward in the shambles following the U.K. referendum on membership of the European Union, which resulted in a 'Leave' vote.
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BMW, Tesla and the Battle for the Connected Car

Wall Street Journal - 4 Jul 2016 11:21
A joint venture between the German car giant BMW, Intel and Israeli software company Mobileye is a direct challenge to Silicon Valley's stars.
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RBI data shows small firms in dire straits

livemint.com - 4 Jul 2016 11:14
RBI data shows small firms in dire straits Smaller companies have either seen slower growth in sales, or have seen their sales shrink a little less from a year ago
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ONGC shares hit six-month high

livemint.com - 4 Jul 2016 09:37
ONGC shares hit six-month high Shares of other upstream companies Oil India Ltd and Gail India Ltd also rose
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L&T hits 8-month high ahead of L&T Infotech's IPO announcement The stock touched a high of Rs1,569.10 a share, a level last seen on 23 October 2015, and gained as much as 1.8%
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Are the markets getting hopeful of rate cuts?

livemint.com - 4 Jul 2016 06:47
Are the markets getting hopeful of rate cuts? The fine print of the pay commission awards and the possibility of a more dovish Central bank governor have driven down bond yields in India to levels last seen in April
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Live: Sensex gains for sixth consecutive session, Nifty above 8,300; SBI rises 1.5% BSE Sensex gains 175.89 points, or 0.65%, to 27,320.80, while the Nifty rises 48.70 points, or 0.58%, to 8,377.05
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Steel: small is not beautiful

livemint.com - 4 Jul 2016 06:10
Steel: small is not beautiful If we exclude very large steel companies from the listed steel universe, the rest present a grim picture
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Rupee trades higher at 67.20 against US dollar

livemint.com - 4 Jul 2016 06:00
Rupee trades higher at 67.20 against US dollar The rupee opened at 67.22 and touched a high of 67.19 a dollar, a level last seen on 17 June
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Opening Bell | Asian markets open lower; Jaiprakash Associates in focus Asian stocks are subdued as Japanese currency yen strengthened and Australian elections did not deliver a clear winner
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