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Market News

Location American Market News for 23 November 2017
Centrica Isn't The Only FTSE 100 Nightmare You Should Avoid In this article I am explaining why Centrica isn't the only FTSE 100 share that could decimate your shares portfolio.
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EPFO to credit ETF units to PF accounts of subscribers EPFO subscribers will now get to see ETF units as well as the non-equity component of their retirement corpus in their provident fund account
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Glimmer of hope

livemint.com - 23 Nov 2017 22:50
Glimmer of hope MintAsia takes stock of the latest quarterly earnings season and the outlook for key industries in Asia's third largest economy
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Telecom: Firms continue to bear Reliance Jio's scars

livemint.com - 23 Nov 2017 22:30
Telecom: Firms continue to bear Reliance Jio's scars While the relatively small telecom companies are effectively shutting down since the launch of Reliance Jio, the leading firms in the sector are in a far worse financial position
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Retail: Some carts are more loaded than the others

livemint.com - 23 Nov 2017 22:21
Retail: Some carts are more loaded than the others While Titan gained in terms of market share and revenue growth, results of Avenue Supermarts and Shoppers Stop were not as exciting
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Real estate: GST, RERA compliance issues continue

livemint.com - 23 Nov 2017 22:19
Real estate: GST, RERA compliance issues continue Analysts believe that if credit growth to the real estate sector has slackened due to RERA, GST has increased the final tax outflow
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Pharma: A prolonged malaise

livemint.com - 23 Nov 2017 22:15
Pharma: A prolonged malaise Issues such as price erosion, competition and delays in getting approvals affecting sales growth continue to plague the pharmaceutical sector in the September quarter
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Oil & gas: September quarter a mixed bag for Indian oil firms While the oil industry gross refining margins were healthy during the September quarter, results of state-run oil marketing companies were not very impressive
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Residency test under taxation treaty

livemint.com - 23 Nov 2017 22:11
Residency test under taxation treaty The individual who wishes to take relief under the Double Taxation Avoidance Agreements (or treaties) has to qualify as a tax resident of one of the contracting states
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Information Technology: Firms cut costs to offset weak revenues IT companies cut costs by a sizeable margin, which helped them beat analysts' earnings estimates
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Infrastructure: Outlook remains strong

livemint.com - 23 Nov 2017 22:05
Infrastructure: Outlook remains strong Like the earlier quarters, the action continues to be in firms with a focus on roads and some action in railways and water in terms of order inflows
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Consumer goods: Packaged goods makers leave GST woes behind In the packaged consumer goods sector, the disruption caused by GST is ebbing and volume growth is recovering in the September quarter
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Cement: Demand recovery at the mercy of govt spending Most cement makers reported decent volume growth in the September quarter. This was led by factors such as a favourable base, a ramp-up of capacities and market share gains
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Banks: Is the sun rising for public sector banks?

livemint.com - 23 Nov 2017 21:59
Banks: Is the sun rising for public sector banks? Public sector banks are indeed getting their act together as they reported 8% growth and 14.9% increase in non-interest income in the September quarter
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Aviation: Smooth landing

livemint.com - 23 Nov 2017 21:56
Aviation: Smooth landing Support from better fares and some relief on fuel costs sequentially were expected to have a positive influence on Indian aviation firms in the September quarter
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Automobiles: Auto makers bounce back after crossing regulatory hurdles Across segments, be it passenger cars, two-wheelers, commercial vehicles and even tractors, sales grew at a brisk, robust double-digit pace in the September quarter
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Emaar Development, the biggest Dubai IPO in 3 years, has worst debut since 2014 Emaar Development PJSC fell 4.3% on market debut Wednesday as geopolitical risk in the Middle East took a toll
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RBI eases 26% debt to equity conversion limit for ARCs RBI says the extent of shareholding post conversion of debt into equity for asset reconstruction companies will be in accordance with permissible FDI limit for that specific sector
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Sensex, Nifty gain for sixth day led by IT stocks

livemint.com - 23 Nov 2017 14:13
Sensex, Nifty gain for sixth day led by IT stocks Stocks sail past many hiccups as IT and technology shares ensured the benchmarks ended positive for the sixth day running
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Gold prices rise by Rs150 on wedding season buying, global cues Gold prices recover by Rs150 to Rs30,550 per 10 grams on fresh buying by local jewellers to meet ongoing wedding season demand amid firm global cues
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Marcus Ericsson and Pascal Wehrlein might not have troubled the podium in their fledgling F1 careers, but the Sauber teammates know all about fast and stylish rides.
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Gold prices dip on profit-taking amid Fed inflation concerns Gold prices edge lower, with investors taking profits after gains of nearly 1% in the previous session on weaker US economic data and concerns among some Fed policymakers over lower inflation
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