Monday, 14 October 2019

The Sensex Is Up 128.54 Points At 38255.62, While Nifty Is Up 41.40 Points

The Sensex is up 128.54 points at 38255.62, while Nifty is up 41.40 points at 11346.40. About 407 shares have advanced, 288 shares declined, and 36 shares are unchanged.

Future Enterprises, DLF, Adani Gas, JSW Steel, Tata Steel, SBI, Vedanta, Yes Bank, ICICI Bank, Axis Bank, IndusInd Bank and HDFC are among major gainers on the Indices, while losers are Infosys, UPL, Bank of Baroda, Avenue Supermarts and Bajaj Consumer Care.

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Asian Share Markets Pushed Higher On Monday As Signs Of Progress

Asian share markets pushed higher on Monday as signs of progress in the Sino-US trade standoff whetted risk appetites, while pressuring safe-haven bonds and the yen.

Trends on SGX Nifty indicate a negative opening for the broader index in India. Nifty futures were trading around 11,295-level on the Singaporean Exchange, down 25 points or 0.22 percent, around 0820 hours IST.

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Friday, 11 October 2019

State Bank Of India Is Bringing Back Processing Fees On Home Loans

State Bank of India is bringing back processing fees on home loans, top-up plans and corporate and builder loans, as per a Times of India report.

In an internal circular, SBI informed that the full waiver of the consolidated processing fee, which was to last through the festive period till December, has been withdrawn.

Indian markets have opened on a positive note with Sensex up 300 points while the Nifty is trading above the 11,300 mark. About 779 shares have advanced, 340 shares declined, and 50 shares are unchanged.

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Asian Shares And US Stock Futures Rose On Friday

Asian shares and US stock futures rose on Friday after US President Donald Trump said he would meet with China’s top trade negotiator, while sterling retreated after rallying on revived hopes of a possible Brexit deal.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5 percent, following on from gains on Wall Street. Australian shares climbed 0.8 percent, while Japan's Nikkei stock index gained 0.9 percent.

SGX Nifty is steady, indicating a positive opening for the broader index in India. Around 0835 hours IST, SGX Nifty was 37 points, or 0.32 percent, up at 11,298.

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Thursday, 10 October 2019

Asia Pacific Growth Is Expected To Slow To 5.8% In 2019

IndusInd Bank may name Sumant Kathpalia as Managing Director and CEO, media reports suggest. Its current CEO Romesh Sobti, who retires in March 2020, may be offered a non-executive position at the bank, according to reports by CNBC-TV18 and The Economic Times.

Asia Pacific growth is expected to slow to 5.8% in 2019, down from 6.3% in 2018, due to uncertainty around the ongoing U.S.-China trade tensions, a World Bank report said on Thursday.

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Wall Street Rose On Wednesday On Hopes Of Progress In US-China

Wall Street rose on Wednesday on hopes of progress in US-China trade talks, though stocks pared gains late after Chinese officials said Beijing had lowered expectations for negotiations this week.

Trends on SGX Nifty indicate a negative opening for the broader index in India. Around 0810 hours IST, SGX Nifty was 54 points, or 0.48 percent, down at 11,284.

Global stocks tumbled and the safe-haven yen and Swiss franc gained in early Asian trade on Thursday, on signs Washington and Beijing were still wide apart on trade issues and were making no progress in deputy-level talks.

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Wednesday, 9 October 2019

Shares Of Titan Company Slipped More Than 6 Percent

Shares of Titan Company slipped more than 6 percent intraday on October 9 after the company showed muted growth in the second quarter that saw Citi downgrade the stock to neutral.

While downgrading the rating to neutral, with a target price at Rs 1,370, global brokerage Citi said medium-term upside appeared priced in.

Shares of Raymond jumped nearly 9 percent intraday on October 9 after its associate company signed an agreement to sell its property in Thane.

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Trends On SGX Nifty Indicate A Positive Opening For The Broader Index In India

Trends on SGX Nifty indicate a positive opening for the broader index in India, with a 31.5 points gain or 0.25 percent. The Nifty future...