Market Watch
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Nifty Update - 28th Oct.
28 October 2013 - 07:44 AM
Below is the chart of CNX Nifty.
Down below 6099 will create more panic and this is will lead to 6040-6050.Above 6148 will lead to unexpected levelsnear about 6172-6188.Still long term Resistance and Support levels stand at 6229 and 6033 respectively.SGX Nifty is 40 points up at 6189.5Tomm.Wall Street Week Ahead: Focus on Facebook, Apple and the Fed
27 October 2013 - 10:54 PM
The Federal Reserve meeting next week is not on the minds of as many people as when it met in September, but its decision to do nothing last month is providing the fuel for more share gains in Apple and Facebook, which report results next week.
Facebook is only slightly off an all-time high, and Apple has recovered somewhat from losses earlier in the year after investors have poured money back into stocks, bringing the S&P to successive records that some say may not be supported by corporate results.
The numbers from Facebook (FB.O) and Apple (AAPL.O) are among
FIIs pour in Rs 12,100 cr in Indian stock market in October
27 October 2013 - 10:19 PM
Last month, FIIs had invested a net amount of Rs 13,000 crore in the equity market.
Overseas investors have pumped in more than Rs 12,100 crore (USD 1.97 billion) in the Indian equity market since the beginning of this month amid easing concerns over the US tapering. The total foreign investment in the stock market has thus reached Rs 85,336 crore (USD 15.6 billion) in 2013 so far, according to the latest data available with market regulator SEBI .
From October 1-25, Foreign institutional investors (FIIs) were gross buyers of equi
Vettel joins the Formula One greats with fourth title
27 October 2013 - 09:52 PM
Germany's Sebastian Vettel roared into the record books as Formula One's youngest four-times world champion after winning the Indian Grand Prix for the third year in a row on Sunday.The 26-year-old's Red Bull team also took the constructors' world championship for the fourth successive year.
"You've done it in style," Red Bull principal Christian Horner shouted over the team radio as Vettel took the chequered flag with a massive 29.8-second lead over compatriot Nico Rosberg for Mercedes.
"Brilliant drive. You join the greats, mate.
Market capitalisation: 8 bluechips lose Rs 45,061 cr in mkt valuation, ITC hit most
27 October 2013 - 03:52 PM
ITC's m-cap declined by Rs 10,925 crore to Rs 2,69,501 crore, while that of TCS dropped by Rs 10,406 crore to Rs 4,04,922 crore.
Eight of the 10 most valued companies saw their total market capitalisation falling by Rs 45,061 crore in the last week as the benchmark index Sensex dropped by nearly 200 points.
FMCG major ITC, TCS and Reliance Industries were the biggest losers among 10 largest companies in terms of market capitalization on the BSE.
IT major Infosys and oil & gas giant ONGC, however, defied the trend and added a total Rs 1,324 crore t
