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Alkem Labs IPO opens on Dec 8 (01-12-2015)

Mumbai-based drugmaker Alkem Laboratories Ltd is making its Rs 1,344-crore public offer from December 8-10. The company is placing over 1.28 crore shares on the block through an offer fo…

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Crude oil prices remain weak ahead of OPEC meeting (01-12-2015)

Crude oil prices were barely changed on Tuesday as traders bet on continued high production from the Organization of Petroleum Exporting Countries (OPEC) ahead of its meeting later this week.
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China stocks sag after soft PMIs; Hong Kong jumps on yuan SDR triumph (01-12-2015)

China stocks sagged on Tuesday morning, hurt by weak factory activity and upcoming new listings despite the International Monetary Fund’s decision to grant the yuan global reserve currency status.

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Gold rallies 1% on short-covering, drop in dollar (01-12-2015)

Gold jumped nearly 1 per cent on Tuesday, extending gains above a near-six-year low on short covering and as the dollar dipped from multi-month highs. Spot gold rose to a session high of $1,074.34…

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Rupee up 16 paise at 66.51 on GDP growth, increased dollar selling (01-12-2015)

The rupee appreciated by another 16 paise to 66.51 against the dollar in early trade today on increased selling of the American currency by exporters and banks amid

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Sensex opens 55 points higher; RBI monetary policy eyed (01-12-2015)

The Nifty and the Sensex opened and traded marginally in the green with marketmen circumspect ahead of RBI’s monetary policy review. The Nifty opened 23 points up at 7,958, while the Sensex opened…

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Wall Street dips with health, consumer shares (01-12-2015)

US stocks had slipped on Monday, led by declines in health and consumer shares, as investors braced for policy news from central banks.
The three major stock indexes posted a second strai…

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World stocks mixed; crude oil falls on woes over supply glut (01-12-2015)

The dollar pared gains after hitting an 8-1/2-month high against major currencies on Monday, while the prospect of further European Central Bank stimulus dragged the euro, and oil futures fell on…

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Dollar slips from multi-year peak as euro turns tables for now (01-12-2015)

The dollar stepped back on Tuesday after nearing a 13-year high against a basket of currencies as traders bought back the euro, long depressed by expectations of aggressive policy easing from the…

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IMF gives China’s currency prized reserve asset status (01-12-2015)

Yuan to enter in October 2016 with 10.92% share

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