LIVE MARKET TRACKER :   BSE SENSEX   31138.21      |    NSE NIFTY 9574.95    
GLOBAL MARKETS :  NASDAQ 6265.2495   +0.4580%    |    FSI London 7424.13   -0.20%    |    NIKKEI Japan 20132.67   +0.11%
  USD GBP EUR CAD AUD INR
USD - 0.7850 0.8933 1.3264 1.3220 64.5300
GBP 1.2740 - 1.1379 1.6902 1.6841 82.2194
EUR 1.1197 0.8790 - 1.4852 1.4801 72.2243
CAD 0.7540 0.5923 0.6736 - 0.9970 48.6530
AUD 0.7566 0.5940 0.6758 1.0037 - 48.8020
INR 0.0155 0.0122 0.0138 0.0206 0.0205 -
Indian-Commodity  :  International & World Stock  :  US markets closed mostly higher; Dow post minor losses

US markets closed mostly higher; Dow post minor losses (27-Jul-2016)

The US markets closed mostly higher on Tuesday, with the Nasdaq Composite touching a 2016 high outshining its main stock-market benchmarks. Investors were reluctant to carve out big positions as the Federal Reserve kicked off its two-day monetary policy meeting, with an updated statement due Wednesday. The Federal Open Market Committee marks its first gathering since the UK voted to leave the European Union on June 23, which resulted in global markets convulsing, highlighted by a selloff in assets perceived as risky. On the economy front, the new-home sales in June rose to a seven-year high while the Case-Shiller home-price index also inched up in May. New home sales jumped in June as sales data from prior months were revised upward, further signaling sturdy demand in the housing market. June sales rose 3.5% to a seasonally adjusted annual rate of 592,000. That was the strongest since February 2008, beating the 560,000 forecast. The median price jumped to $306,700 in June, 6% higher than a year ago. Supply retreated to 4.9 months' worth of homes at the current sales pace.

Meanwhile, the US house prices, as the S&P CoreLogic Case-Shiller 20-city composite, saw a 0.9% gain in May to stretch the 12-month advance to 5.2%. Portland had the fastest 12-month growth, at 12.5%, and eight cities had faster annual price appreciation than they did in April. From the 2006 peak, the 20-city composite is down 8.8%; it's up 40.4% from the trough in 2012. Separately, an index that measures consumer confidence held steady in July, suggesting Americans are cautiously optimistic that the US economy will continue to grow. The consumer-confidence index was little changed this month, finishing at 97.3 compared with a revised 97.4 in July. The present-situation index, a measure of current conditions, rose to 118.3 from 116.6. The future-expectations index declined to 83.3 from 84.6.

The Nasdaq added 12.42 points or 0.24 percent to 5,110.05, S&P 500 gained 0.7 points or 0.03 percent to 2,169.18, while the Dow Jones Industrial Average was down by 19.31 points or 0.10 percent to 18,473.75.

The Indian ADRs closed mixed; Dr. Reddy's Lab was down 7.99%, HDFC Bank was down 0.27% and ICICI Bank was down 0.03%. On the other hand, Tata Motors was up 0.45% and Infosys was up 0.06%. 




Top News Today
Tata Steel sells stake in Tata Motors
(24-Jun-2017)

Tata Steel sells stake in Tata MotorsTata Steel has sold its stake in Tata Motors to Tata Sons, the holding company of India's salt-to-software Tata conglomerate, for Rs 37.83 billion ($586.3 million). The steelmaker has sold about 83.54......click on news to read complete article.

Crest Ventures acquires 6 lakh shares of Crest Wealth Management
(24-Jun-2017)

Crest Ventures acquires 6 lakh shares of Crest Wealth ManagementCrest Ventures (CVL) has acquired 6 lakh equity shares of Crest Wealth Management (CWMPL), its Subsidiary Company, from Mitesh Shah at a total consideration of Rs 43.20 lakh on June 23, 2017. Consequent......click on news to read complete article.

DPSC's arm to co-develop 12MW of solar assets in Uttarakhand
(24-Jun-2017)

DPSCDPSC's wholly owned subsidiary India Power Green Utility (IPGUPL) has agreed to co-develop 12MW of solar assets in Uttarakhand with Punj Lloyd Infrastructure (PLIL) to be executed by PL Surya Vidyut, the......click on news to read complete article.

International Stock News
US markets end mostly in green of Friday
(24-Jun-2017)

US markets end mostly in green of FridayThe US markets ended the choppy day of trade mostly in green on Friday, as traders took some support with report from the Commerce Department showing a rebound in new home sales in the month of May. The......click on news to read complete article.

US markets closed mostly lower on Thursday
(23-Jun-2017)

US markets closed mostly lower on ThursdayThe US markets closed mostly lower on Thursday, as weak financials and consumer staples shares eclipsed a rally in the health-care and biotechnology sectors. The Federal Reserve said that the 34 largest......click on news to read complete article.

US markets closed mostly lower; Nasdaq post moderate gains
(22-Jun-2017)

US markets closed mostly lower; Nasdaq post moderate gainsThe US markets closed lower on Wednesday, weighed down by losses in the energy sector as oil prices continued to slide. But the Nasdaq Composite posted moderate gains, thanks to a surge in biotechnology......click on news to read complete article.

 

     
  
Recent International & World Stock News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.