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Market News

Location American Market News for 5 September 2016
Sebi approves PepsiCo bottler Varun Beverages' Rs1,000 crore IPO Varun Beverages is currently conducting investor roadshows and is looking at launching the IPO sometime in October
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Why Brexit Politics Now Trumps Economics

Wall Street Journal - 5 Sep 2016 14:02
U.K. business sentiment has rebounded sharply as the Brexit vote shock has faded. The focus is now on Westminster.
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PMI boost: Services growth at 42-month high in August on robust demand The composite PMI, which includes both manufacturing and services, rose to 54.6 in August, the highest since February 2013, from 52.4
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Buying stocks at high PE can make sense

livemint.com - 5 Sep 2016 16:40
Buying stocks at high PE can make sense If a market is trading at a PE close to historical highs, it doesn't mean that all stocks are expensive
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PMIs show private sector activity at 42-month high

livemint.com - 5 Sep 2016 09:09
PMIs show private sector activity at 42-month high Robust growth for both manufacturing and services sectors, giving rise to the hope that the pace of expansion will be sustained
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Gold imports at 31-month low: Is fetish for the yellow metal fading? Several factors have worked against gold demand in the recent past, be it the skyrocketing gold prices, subdued rural income or the government's new stringent measures to curb the flow of black money in the system
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Sebi audit may spell trouble for NSEL brokers

livemint.com - 5 Sep 2016 20:48
Sebi audit may spell trouble for NSEL brokers Brokers mis-sold NSEL products, finds audit, but Sebi is facing a potential jurisdictional conflict in taking action
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HowAppleCan Make the Next iPhone Count

Wall Street Journal - 5 Sep 2016 18:37
Expectations for the next smartphone are modest, which leaves the company with room for surprise.
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Oil slips as Saudi Arabia-Russia agreement stops short of output plan Saudi Arabia and Russia agreed to work together to stabilize prices, without offering details on joint action, after prince Mohammed bin Salman and Vladimir Putin met in China
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Samsung Battery Fires Shouldn't Leave Lasting Burn

Wall Street Journal - 5 Sep 2016 13:00
Samsung's share price already reflects the one-off impacts from having to recall Note 7s for exploding batteries.
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Oil jumps amid talk of producer action to support prices Iran, Opec's third largest producer, has said it would only cooperate in talks to freeze output if fellow exporters recognised its right to fully regain market share
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Bank of Japan's New Unease With Negative Rates

Wall Street Journal - 5 Sep 2016 09:08
Bank of Japan Gov. Kuroda says the central bank needs to consider the effects negative rates have had on banks, an important turn in his rhetoric.
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Have bond yields de-coupled from inflation expectations? Bonds have notched the biggest three-month gain since 2015 and the rally has sustained despite inflation pressures resurfacing
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The trouble with rising zinc prices

livemint.com - 5 Sep 2016 06:02
The trouble with rising zinc prices Higher output and the increase in zinc prices are a good combination but rising output may also test the resilience shown by zinc prices
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Sensex, Nifty closed for Ganesh Chaturthi holiday

livemint.com - 5 Sep 2016 05:02
Sensex, Nifty closed for Ganesh Chaturthi holiday On Friday, NSE gained 0.4%, while the BSE Sensex rose 0.38%
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Asian shares up as US jobs report lowers chance of Fed September hike Japan's Nikkei stock index surged 1% to three-month highs
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