MCX, IBJA in tie-up to set up bullion spot exchange
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Trading and broking

MCX, IBJA in tie-up to set up bullion spot exchange

webmaster - August 16, 2018

Gold Spot Exchange, once set up, would help considerably in creating a vibrant gold ecosystem corresponding to India's annual demand of around 800-900 tonnes.

Dollar Industries Q1 profit up 10%
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Trading and broking

Dollar Industries Q1 profit up 10%

webmaster - August 16, 2018

Ind-Ra revises FY19 growth outlook to 7.2% from 7.4%
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Trading and broking

Ind-Ra revises FY19 growth outlook to 7.2% from 7.4%

webmaster - August 16, 2018

Ind-Ra said it expects private final consumption expenditure to grow 7.6 % in 2018-19 compared to 6.6 % in 2017-18.

Global vulnerabilities to impart uncertainty to the inflation outlook: MPC
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Trading and broking

Global vulnerabilities to impart uncertainty to the inflation outlook: MPC

webmaster - August 16, 2018

RBI raised repo rate by 25 basis points to 6.5% on August 1, for second time in a row.

India’s GDP growth can leap to 8.5-9% if investment, exports pick up pace: Ind-Ra
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Trading and broking

India’s GDP growth can leap to 8.5-9% if investment, exports pick up pace: Ind-Ra

webmaster - August 16, 2018

The rating agency has revised down its FY19 GDP growth to 7.2% from 7.4% projected earlier.

Buy Sun TV Network, target Rs 1,208: Edelweiss Financial Services
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Trading and broking

Buy Sun TV Network, target Rs 1,208: Edelweiss Financial Services

webmaster - August 16, 2018

Buy Sun TV Network Ltd. at a price target of Rs 1208.

Lira crisis hits this Indian firm real hard; analysts see an opportunity
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Trading and broking
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Lira crisis hits this Indian firm real hard; analysts see an opportunity

webmaster - August 16, 2018

Turkish operations contribute 7.5 per cent to Redington India's FY18 revenues.

Nikkei ends lower on hopes of new US-China trade talks
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Trading and broking
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Nikkei ends lower on hopes of new US-China trade talks

webmaster - August 16, 2018

The Nikkei share average ended 0.1 per cent lower at 22,192.04.

Infibeam’s Q1 revenue up by 27%, led by higher transaction volume
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Trading and broking
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Infibeam’s Q1 revenue up by 27%, led by higher transaction volume

webmaster - August 16, 2018

Infibeam attributed the Q1 revenue increase to its growth in both the E-commerce solutions and payments solution business.

Share market update: Pharma pack up; Dr. Reddy’s Labs, Sun Pharma climb 2%
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Trading and broking
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Share market update: Pharma pack up; Dr. Reddy’s Labs, Sun Pharma climb 2%

webmaster - August 16, 2018

The Nifty Pharma index was trading 0.77 per cent up at 9,554 around 12:35 pm.

Mentha oil keeps a positive tilt
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Trading and broking
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Mentha oil keeps a positive tilt

webmaster - August 16, 2018

MCX Mentha futures gained by Rs 6.90, or 0.42 per cent, at Rs 1,659.50 at around 11.16 am.

Commodity outlook: Crude oil may show a negative undertone
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Trading and broking

Commodity outlook: Crude oil may show a negative undertone

webmaster - August 16, 2018

How is the story of key commodities going to unfold today?