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The ECB move pushed euro zone bond yields broadly higher, which in turn further boosted banking shares with Europe's STOXX 600 Bank index rising 2 per cent.
Posted: December 8, 2016, 7:21 pmRead more
The quota limit for qualified institutional buyers (QIB) category was subscribed 10.54 times, the retail individual investor (RII) category 1.62 times.
Posted: December 8, 2016, 7:14 pmRead more
The company's income from operations fell however by 11 per cent to Rs 377.53 crore during the second quarter of the current 2016-17 fiscal
Posted: December 8, 2016, 7:09 pmRead more
The bank extended its current programme until the end of next year, but said that purchases would proceed at 60 billion euros a month, compared to the current 80 billion euros.
Posted: December 8, 2016, 6:55 pmRead more
This is slightly more than expected by analysts, who on average thought the central bank would extend for only six months at the same current rate.
Posted: December 8, 2016, 6:40 pmRead more
Emerging markets may face "pronounced outflows" in 2017 if Donald Trump's planned stimulus spending sends US yields higher and further strengthens the dollar.
Posted: December 8, 2016, 6:16 pmRead more
should wait for the Nifty50 to close decisively above its crucial resistance
levels of 8,250 and 8,300 before creating any fresh long positions.
Posted: December 8, 2016, 5:18 pmRead more
The BSE Bankex gained 1.54 per cent to 21,170 during the day. Kotak Mahindra Bank, IndusInd Bank and Yes Bank advanced 2.27 per cent, 2.03 per cent and 1.97 per cent.
Posted: December 8, 2016, 5:01 pmRead more
If the government does not get that much money as special dividend, they may collect tax and fund infra projects going forward, says the Sana Securities CEO.
Posted: December 8, 2016, 4:57 pmRead more
If an investor has a longer horizon, then he should buy consumption items which are high ticket items. They will rebound later, says the Emkay Global ED
Posted: December 8, 2016, 4:32 pmRead more
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