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Showing posts with label Business Headlines Today. Show all posts
Showing posts with label Business Headlines Today. Show all posts

Tuesday, May 28, 2019

Gold eases as dollar nudges up from multi-week lows

Spot gold off 1-week high hit in previous session
Source: BHT

RCom Q4 net loss at ₹7,767 crore

Reliance Communications Ltd. (RCom), which is facing insolvency proceedings, on Monday reported a consolidated net loss of ₹7,767 crore in the fourth
Source: BHT

Dollar ticks up, euro's post-EU vote bounce proves brief

The dollar rose against its major peers on Tuesday as investors awaited new trading catalysts after the European Union parliamentary elections showed
Source: BHT

Oil mixed as China's economy weakens, but OPEC cuts still support crude

Oil prices were mixed on Tuesday, pressured by a weakening economy, especially in China, yet still supported by ongoing supply cuts from producer club
Source: BHT

Asian shares follow Europe higher on EU relief, auto merger

Asian shares tracked European gains on Tuesday, as relief over EU election results eased concerns about political difficulties in the bloc and merger
Source: BHT

Day Trading Guide For May-28

₹2408 • HDFC Bank S1S2R1R2COMMENT 2395238024202438 Fresh long positions are recommended with a fixed stop-loss only if the stock advances above ₹2,
Source: BHT

RCF (₹64.1): Buy

Investors with a short-term view can buy the stock of Rashtriya Chemicals and Fertilizers (RCF) at current levels. The stock found support at ₹51 in l
Source: BHT

Will world cup fever grip Inox Leisure?

 Inox Leisure shares may remain in focus, as the multiplex operator plans to screen live matches of ICC Cricket World Cup 2019 in 12 cities in India.
Source: BHT

Price hike on cards from dairy makers?

 Focus is on listed milk producers such as Heritage Foods, Kwality, Parag Milk Foods and Prabhat Dairy following last week’s price hikes by Mother Dai
Source: BHT

Sun Pharma, LV Bank, PNB, 3M India results

 Over 150 companies will declare March quarter/FY19 results on Tuesday. Among them are 20Microns, 3M India, Adani Transmission, Amtek Auto, Aurobindo
Source: BHT

Broker's call: Sanghi Industries (Buy)

AnandRathiSanghi Industries (Buy)CMP: ₹71.15Target: ₹80Key takeaways: a) Backed by healthy demand and a better trade mix, Q4FY19 realisations rose 3 p
Source: BHT

Broker's call: Ashok Leyland (Accumulate)

Narnolia FinancialAshok Leyland (Accumulate)CMP: ₹91.1Target: ₹103EBITDA margin expanded by 80 bps on a sequential basis on the back of operating leve
Source: BHT

Top five news stories to watch out for on May 28, 2019

Questioning of former AIADMK general secretary VK Sasikala to May 28 in a case booked under the Foreign Exchange Regulation Act against her. After Hig
Source: BHT

A ready reckoner that decodes export rules

The Commerce Ministry has come out with a comprehensive draft of the export policy that includes product-specific rules to provide a ready reckoner
Source: BHT

Maruti, Nissan and Renault India take pole position on emission index

Centre can ask companies to limit production based on their performance
Source: BHT

As their countries’ leaders quarrel, Fiat and Renault seek detente in car deal

French and Italian leaders have revelled in throwing mud at each other, but two of the countries’ flagship companies are now looking beyond the bad b
Source: BHT

Our aspiration is to expand market share, not defend: Dheeraj Hinduja

Ashok Leyland’s chairman hopes to maintain a double-digit operating margin even during challenging times
Source: BHT

Akash surface-to-air missile successfully test fired

India on Monday successfully test fired an Akash-MK-1S missile from the integrated test range at Chandipur in Odisha, the Defence Ministry said.The s
Source: BHT

Sindabad.com raises $4 million in Series A funding

Our BureauSindabad.com, a Dhaka-based e-commerce company promoted by Zero Gravity Ventures Ltd, has secured $4.15 million in Series A funding from the
Source: BHT

Flipkart, Amazon set to lose big chunk of business as mobile brands push offline sales

Customers at brick-and-mortar stores to get same rebate as offered online
Source: BHT