Fund managers and strategists said the better buys were stocks and industries more exposed to a domestic recovery.
Posts in category Economic Times
Europe blue-chip shares on the cheap? Think again (25-08-2015)
Fund managers and strategists said the better buys were stocks and industries more exposed to a domestic recovery.
China rate cut, data surprises send euro zone yields rocketing (25-08-2015)
Euro zone bond yields shot higher after a brace of solid economic releases in Europe and the U.S, and a rate cut in China which quelled angst over a slowdown.
Navkar Corp IPO subscribed 36 per cent on second day (25-08-2015)
The initial public offering (IPO) of logistics company Navkar Corporation was subscribed 36 per cent on the second day of the issue.
Spooked investors seek other havens over gold, for now (25-08-2015)
Gold has failed to rally in the face of China's stock market crisis as investors, scorched by a brutal end to the market's 12-year bull run.
JSPL to raise up to Rs 15,000 crore through securities (25-08-2015)
Jindal Steel and Power Ltd (JSPL) will seek shareholders' nod for raising up to Rs 15,000 crore via securities for loan refinancing and capital expenditure.
Britain’s FTSE posts biggest daily rise since 2011 after China cuts rates (25-08-2015)
The FTSE 100 rebounded after dropping to its lowest level since 2012 in the previous session. It had fallen for 10 straight days as concerns about China's economy mounted.
Edelweiss gets FIPB nod to raise Tokio’s stake to 49 per cent (25-08-2015)
Edelweiss Tokio Life has obtained final nod from Foreign Investment Promotion Board for raising its foreign joint venture partner – Tokio’s - stake to 49% in the company.
Refineries, metals, fertilisers & aluminium to bear brunt of rupee fall (25-08-2015)
While the sharp rupee fall has helped IT, pharma, textiles, two-wheeler segments, the five most vulnerable sectors are refineries, iron and steel, fertilisers, aluminium and power, rating agency Care said.
Wall Street posts biggest rally of the year (25-08-2015)
The Nasdaq composite index led the way with a 3.2% rise, boosted by Apple's 5.7% gain to $108.96. The stock slumped as much as 13 per cent on Monday.
Global market turmoil an opportunity to grow: Arun Jaitley (25-08-2015)
Jaitley said the crude oil prices hitting lowest levels in over six years and the slump in commodity prices are expected to benefit a net importer like India.