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Market News

Location American Market News for 29 May 2018

Menterra fund invests  in FarmFolks

livemint.com - 29 May 2018 20:18
Menterra fund invests  in FarmFolks Artha Venture Challenge, an impact investment initiative of the Singh Family Foundation, also participated in the round
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HDFC Mutual Fund buys stake worth Rs71 crore in Vardhman Textiles HDFC Mutual Fund bought 5.73 lakh shares, amounting to 0.99% stake in the textile firm, according to the bulk deal data available with the BSE
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JP Morgan's Co-president Daniel Pinto spoke Tuesday during a conference in New York.
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Petrol price rise to weigh on RBI monetary policy meeting next week RBI's monetary policy committee will take into account retail inflation, rose to a four-month high of 3.18% in April due to petrol, diesel price rise, for deciding on repo rates
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Aurobindo Pharma shares down 4.5% after Q4 results

livemint.com - 29 May 2018 13:32
Aurobindo Pharma shares down 4.5% after Q4 results Aurobindo Pharma stock dropped 4.23% to end at Rs579.50 on BSE. During the day, it tumbled 7.45% to Rs560. On NSE, shares of the company plunged 4.50% to close at Rs578
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Term of the day: What is CAGR?

livemint.com - 29 May 2018 07:31
Term of the day: What is CAGR? CAGR is useful to compare historical returns across investments
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Top 15 used car models that people are buying right now Planning to buy a car? Whether you are buying a new or a used car, this listing of the top used cars in demand across India is going to be useful
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The government's sugar addiction keeps getting difficult to shake off Investors are seeing the bright side--mills earn more profit--but that's a short-sighted view. Today's floor price can turn into tomorrow's cap on prices
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Sterlite copper plant shutdown: Resurgence of political risk for industry? While policy risks are an accepted risk in some industries, when you add political risk it makes for a more potent combination, particularly in industries that are exposed to environmental concerns
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L&T Q4: Strong order flows, margins build case for re-rating of stock L&T's Q4 order flows closed FY18 with a comfortable order book of Rs2,63,107 crore, sufficient to keep its revenue and profit metres ticking for the next 2 years
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Rupee trades lower against US dollar

livemint.com - 29 May 2018 05:40
Rupee trades lower against US dollar At 9.15am, the rupee was trading at 67.67 against the US dollar, down 0.33% from its previous close of 67.43--a level last seen on 11 May
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What a personal loan costs you

livemint.com - 29 May 2018 05:20
What a personal loan costs you Here are some personal loan rates and other costs of the top private and public sector banks in India
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One reform that Narendra Modi govt needs to roll

livemint.com - 29 May 2018 05:10
One reform that Narendra Modi govt needs to roll As the Narendra Modi government completes four years and enters its last--and its most crucial--year in government, Kayezad E. Adajania asks experts what is the one big pending economic reform?
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Opening bell: Asian stocks mixed; Vedanta, Aurobindo Pharma, Bank of India in news In other news, Vedanta's Sterlite copper plant in Thoothukudi was sealed after the Tamil Nadu government ordered its permanent closure
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It's not good to buy mutual funds from different places One of the most common financial mistakes that investors make is they buy products from several people or distributors
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4 things that can help you decode returns from your investments The final return you get from investments depends on factors such as tenure, nature of returns and the instrument you choose. So dig deeper into the return number to find out what you will really earn
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Red Flags Are Suddenly Rampant in Markets

Wall Street Journal - 29 May 2018 18:56
Europe's deepening troubles and disappointing global growth signals are sparking a sudden rally in haven bonds like U.S. Treasurys: Risk aversion is back.
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Defaults of Crises Past Haunt China's Markets

Wall Street Journal - 29 May 2018 12:58
Chinese companies are suddenly defaulting again with more regularity--the latest being former highflier China Energy Reserve and Chemicals. Are China's debt problems about to come home to roost again?
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