Market Watch

  • Vladimir Putin, Russia's president, was named the most powerful person in the world in 2013 by Forbes' annual ranking of the world's most powerful people, climbing two places from the previous year.

    President Barack Obama has been bumped off the top spot of Forbes' annual ranking of the world's most powerful people—by his Russian counterpart. Vladimir Putin, Russia's president, was named the most powerful person in the world in 2013 by the publication, climbing two places from the previous year. He was followed by Obama at No. 2 and the general se

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  • Stock Update- 31st Oct.

    31 October 2013 - 12:17 PM

    Glenmark Pharmaceuticals at 570

    BEML is at  189.75

    Clariant chemicals at 575.

    Book your partial profit if you have taken positions in these stocks.

  • Facebook's latest quarterly results showed continued strength in mobile advertising, which spurred a 60 per cent revenue increase in the July-September quarter.

    The numbers beat Wall Street's expectations for the second consecutive quarter, but after an initial after-hours trading spike, Facebook's stock took a downturn during the company's conference call with analysts.

    Investors may have been spooked by a remark by Facebook finance chief David Ebersman, who said the company saw a decrease in daily use among younger teenagers, an important but fickl

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  • Infosys Ltd has been ordered to pay a record fine for the way it sourced US visas.

    Infosys Ltd, now being run by NR Narayana Murthy, said on Wednesday it has reached a $34 million settlement with US authorities in a case involving the widespread practice by Indian firms of flying workers to client sites in the United States on temporary visas which has been termed as a fraud by authorities.

    The fine on Infosys Ltd, which the US Department of Justice said is the largest in a case of its kind, comes as US lawmakers consider legislation that would make it more difficul

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  • Stocks to buy - 31st October

    31 October 2013 - 09:14 AM

    Buy BEML at 187-188.5 for target of 196-198 with stoploss at 184-185

    Buy Clariant at 563-564 for target of 575-578 with stoploss at 557-558

    Buy Glenmark Pharceuticals at 558-560 for the target of 572-575 with stop loss at 552-554