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Market News

Location American Market News for 24 November 2017
A Look At Anadarko's Strategy To Deal With The Commodity Downturn In 2018 While 2017 has been somewhat of a turnaround year for the commodity markets so far, that has not been the case for Anadarko Petroleum.
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Investors Must Focus on Big Picture on Black Friday

Wall Street Journal - 24 Nov 2017 21:23
There is a predictability to Black Friday stories each year, yet there also is a predictability to what they tell us about how stores will do over holidays--not much.
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First Solar's stock has almost doubled since the beginning of this year, rising from levels of about $32 in early January to around $60 currently. In this note, we take a look at some of the factors that were potentially...
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Since Lewis Hamilton became vegan, weekends have not been the same for the four-time Formula One world champion. Never has he woken with such anticipation and expectation.
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Gold prices slide in Mumbai on global cues, muted demand Standard gold (99.5 purity) dropped by Rs45 to close at Rs29,440 per 10 grams from Thursday's level of Rs29,485 in Mumbai
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This Would you blindly buy and sell dividend payers based on the "insights" of a computer?
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Going forward, it is about inclusive growth and pulling up domestic demand Nannette Hechler-Fayd'herbe, managing director at Credit Suisse in the International Wealth Management Division, on how millennials and elders are driving demand trends in specific sectors
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Sensex, Nifty end higher for seventh day, consumer durables, IT stocks gain Infosys was the top gainer at 1.87%, followed by Bajaj Auto, M&M and Kotak Bank, whereas SBI lost most by falling 0.79%
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Rio Tinto Isn't Tesla; It Should Hold Fire On a Lithium Bet

Wall Street Journal - 24 Nov 2017 12:46
Lithium-battery and electric-vehicle plays are enjoying a futuristic ride into the stratosphere. Rio Tinto shouldn't follow--at least not yet.
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Gold prices weaken on global cues, muted demand

livemint.com - 24 Nov 2017 11:31
Gold prices weaken on global cues, muted demand Gold prices soften by Rs25 to Rs30,525 per 10 gram, tracking a weak trend overseas amid tepid demand from jewellers at the domestic spot market
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Edelweiss raises Rs1,527.75 crore through QIP

livemint.com - 24 Nov 2017 11:04
Edelweiss raises Rs1,527.75 crore through QIP Edelweiss Financial Services has raised Rs1,527.75 crore from several institutional investors through QIP. It sold 52.56 million shares to investors at a price of Rs280 apiece
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BSE to auction investment limits for Rs4,000 crore government bonds Live bidding session for allocation of debt investment limits worth Rs3,930 crore for FII/FPI/ sub-accounts shall be conducted on 27 November on BSE's 'ebidxchange' platform
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HDFC Life looks to raise exposure to infrastructure stocks HDFC Standard Life is looking to invest more in the capital goods sectors and a range of companies that are expected to benefit from a major govt push to build more homes and roads
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Global gold prices edge higher as Fed inflation concerns weigh on dollar Gold prices edge up as the dollar remains under pressure after minutes of the US Federal Reserve's meeting revealed that some policymakers were concerned about lower inflation
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Now you can invest in bitcoin without the volatility, apparently Swissquote Bank upped its cryptocurrency game with the release of an exchange-traded product that will curb volatility by switching holdings between bitcoin and dollars
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Rupee opens marginally lower against US dollar

livemint.com - 24 Nov 2017 05:57
Rupee opens marginally lower against US dollar At 9.15am, the rupee was trading at 64.66 a dollar, down 0.10% from its Thursday's close of 64.57
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Opening bell: Asian markets open flat; HUL, Sunteck Realty in news In other news, Star Health Insurance stake sale draws interest from PremjiInvest, Temasek, 10 others
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Demonetisation and higher costs bleed small finance banks One year since demonetisation, micro finance institutions and even those that have turned into small finance banks are still reeling under the blow
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PC Jeweller stock shines brighter

livemint.com - 24 Nov 2017 04:06
PC Jeweller stock shines brighter PC Jeweller's shares have appreciated as much as 76% so far this fiscal year
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Why robust tourism numbers are yet to spice up the hotel sector Only if growth in tourism and passenger traffic continues at the current pace and translates into a sustained revenue growth for hotels will it spice up their operating performance
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What to expect from September quarter GDP growth numbers Economists foresee India's GDP growth at 6-6.2% for the September quarter, led by incremental pick-up in industrial activity post GST rollout
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