European shares were trading weak with UK’s FTSE down 51 points at 6032, Germany’s DAX down 28 points at 10103, and France’s CAC down 5 points at 4512.
Posts tagged MC
Sensex falls over 150 pts; European mkts erase early gains (15-09-2015)
Weak demand hurting, tiff with Railways resolved: Titagarh (15-09-2015)
In an interview with CNBC-TV18, Umesh Chowdhary, VC MD of Titagarh Wagons said that a new government tender is expected in the near-term with provision for 17,000 wagons.
Sensex, Nifty sluggish; aviation stocks up, Tata Steel down (15-09-2015)
NTPC, Maruti Suzuki, Sun Pharma, HUL and ITC are top gainers while Tata Steel, Tata Motors, Vedanta, Hindalco and LT are major losers. Aviation stocks like SpiceJet and Jet Airways rally 5-8 percent.
Sensex, Nifty, Midcap under pressure; Tata Motors, LT weak (15-09-2015)
The broader markets, too, caught in bear grip with the BSE Midcap and Smallcap indices falling 0.6 percent and 0.3 percent, respectively. About 970 shares have advanced, 1279 shares declined, and 89 shares are unchanged on the BSE.
Serious Fraud Office probing Kingfisher over fund diversion (15-09-2015)
Sources say the SFIO has already sent notices to United Breweries, Kingfisher Airlines and United Spirits and is likely to summon Vijay Mallya, executives of United Breweries and United Spirits
Rupee loses more ground, weaker by 11 paise against dollar (15-09-2015)
The domestic unit resumed lower at 66.35 per dollar as against yesterday’s closing of 66.33 at the Interbank Foreign Exchange (Forex) market. It hovered in a range of 66.44 to 66.33 during the morning deals before quoting at 66.45 per dollar at 1102 hours.
LT slips 3%; Deutsche Bank downgrades to hold, cuts target (15-09-2015)
The brokerage also slashed earnings estimates by 2 percent/16 percent for FY16/17 due to demand pushback expectations.
Sticking to 6.8% growth forecast for China: Paul Gruenwald (15-09-2015)
In an interview to CNBC-TV18, Paul Gruenwald, Chief Economist-Asia-Pacific at SP spoke about the report in which they have cut the growth forecast for Asian economies.
Pricing controls might deter investors, says Monsanto VP (15-09-2015)
In a conversation with CNBC-TV18’s Ashmit Kumar, Frank says that pricing control has made the environment more challenging for the companies.
China steps on the gas to spark eco, Aug fiscal up by 26% (15-09-2015)
August data over the past week suggested the world’s second-largest economy lost further momentum over the summer, adding pressure on policymakers to ramp up what is already their biggest stimulus campaign since the global financial crisis.