Asian stocks traded mixed early Tuesday, as investors awaited fresh data due out of the world’s second-biggest economy.
Posts tagged MC
LIC taking advantage of market fall, buying stocks: Chief (07-09-2015)
The recent fall in stock markets is a good buying opportunity for long-term investors, and LIC has been been buying stocks, said its chairman S K Roy today.
LIC Housing Finance to raise up to Rs 47,000 crore (07-09-2015)
LIC Housing Finance Ltd (LHFL) today said it will raise up to Rs 43,000 crore via non-convertible debentures on private placement basis. The board also approved entering into a related party transaction to raise an additional Rs 4,000 crore.
Investor of last resort? Stock MF inflows jumped 63% in Aug (07-09-2015)
Investments into Indian mutual funds surged in August from July even as share markets posted their worst month in nearly four years, signalling the continued retail support for equities despite a deteriorating outlook.
China FX reserves fall $94bn as it moves to calm yuan, stks (07-09-2015)
China’s foreign exchange reserves posted their biggest monthly fall on record in August, reflecting Beijing’s attempts to halt a slide in the yuan and stabilise financial markets following its surprise move to devalue the currency last month.
PM to meet India Inc Tuesday to discuss global eco events (07-09-2015)
Sources said the agenda for the meeting is ‘Recent Global Events – Opportunities for India’, but other issues plaguing the Indian industry may also come up for discussion. Each speaker will be given three minutes to make initial remarks.
Rupee at 2-year low of 66.82/$; Bond prices tumble (07-09-2015)
The rupee plunged to close at 2-year low of 66.82 against the American currency. The benchmark 7.72 percent government security maturing in 2025 slumped to Rs 99.4350 from 99.7575 previously, while its yield rose to 7.80 percent.
Rupee at 2-year low of 66.82/$; Bond prices tumble (07-09-2015)
The rupee plunged to close at 2-year low of 66.82 against the American currency. The benchmark 7.72 percent government security maturing in 2025 slumped to Rs 99.4350 from 99.7575 previously, while its yield rose to 7.80 percent.
Buy Eros International; target of Rs 612: ICICIdirect (07-09-2015)
ICICIdirect.com is bullish on Eros International and has recommended buy rating on the stock with a target of Rs 612 in its September 7, 2015 research report.
No threat to fiscal deficit target from OROP: Jayant Sinha (07-09-2015)
The government had last week announced that it will implement OROP under which a uniform pension would be given to armed forces personnel retiring at the same rank with the samelength of service. The scheme would be implemented from July 1, 2014.