Infosys, India’s second-largest software services exporter by revenue, cut on Monday its fiscal year 2016 revenue forecast as broad weakness in IT spending and a stronger dollar are making clients…
Posts tagged BL
Crude oil extends gains in Asian trade (12-10-2015)
Oil prices climbed in Asia today boosted by a weaker dollar and on expectations a rise in demand will ease a global supply glut, while investors await the release of key Chinese economic data this…
Gold trading near 7-week high (12-10-2015)
Gold was trading near a seven-week high on Monday bolstered by a weaker dollar and expectations the Federal Reserve will not hike US interest rates this year. Spot gold was little change…
Sensex turns flat; IT, TECk stocks major losers (12-10-2015)
The Nifty and the Sensex turned flat after opening in the green due to profit-taking in IT, TECk and FMCG stocks amid positive Asian cues. At 10.02 a.m., the 30-share BSE index Sensex wa…
Rupee up 5 paise against dollar (12-10-2015)
The rupee edged higher by five paise to 64.69 against the dollar at the Interbank Foreign Exchange in early trade on increased selling of the US currency by banks and exporters amid sustained fore…
Infosys shares slump over 3% (12-10-2015)
Infosys shares fell 3 per cent after rising as much as 4.5 per cent to mark its record high of Rs 1,219.80. The company has lowered FY16 US dollar revenue growth guidance to 6.4-8.4 per…
Sensex opens 222 points higher tracking global markets (12-10-2015)
After gaining over 3% last week, the Sensex and the Nifty rose in the opening trade today tracking global markets. The Sensex was trading 222.58 points or 0.82 per cent higher at 27,302….
Dollar languishes near 3-week lows; Aussie at 7-week highs (12-10-2015)
Doubts that Fed will raise rates this year weigh on dollar
Asian shares extend an October rally; dollar slips (12-10-2015)
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.7 per cent.
Haze helps crude palm oil (11-10-2015)
Fears of the recent haze affecting crop output have taken prices sharply higher