Syndicate Bank has entered into partnership with Srei Equipment Finance to jointly provide...
Tata Motors will supply 80 Electric buses to the West Bengal Transport Corporation (WBTC)....
Bajaj Finance is currently trading at Rs. 2656.30, up by 3.25 points or 0.12% from its previous...
Elgi Equipments is currently trading at Rs. 252.00, up by 4.90 points or 1.98% from its...
Bajaj Electricals is currently trading at Rs. 461.20, up by 2.55 points or 0.56 % from its...
Bajaj Finance has raised Rs 100 crore through allotment of 1,000 Secured redeemable Non-Convertibles...
25-Aug2018
The US markets closed higher with gains of over half a percent on Friday after Federal Reserve Chairman Jerome Powell affirmed the central bank's strategy of gradually normalizing monetary policy, highlighting the strength in the economy and robust corporate results that have helped to support investment appetite for equities. Powell said he sees two risks surrounding rate hikes, which he outlined as 'moving too fast and needlessly shortening the expansion, versus moving too slowly and risking a destabilizing overheating.' Besides, the strong results from retailers led the major indexes to slight weekly gains as investors also shook off renewed legal worries surrounding Trump.
On the economic front, the Commerce Department released a report showing a much bigger than expected decrease in durable goods orders in the month of July. The Commerce Department said durable goods orders tumbled by 1.7 percent in July after climbing by 0.7 percent in June. Street had expected durable goods orders to drop by 0.5 percent. Excluding a significant decrease in orders for transportation equipment, durable goods orders rose by 0.2 percent in July after inching up by 0.1 percent in June. Ex-transportation orders had been expected to rise by 0.5 percent.
Dow Jones Industrial Average rose 133.37 points or 0.52 percent to 25790.35, the S&P 500 gained 17.71 points or 0.62 percent to 2874.69 and Nasdaq was up by 67.52 points or 0.86 percent to 7945.98.
The US markets ended higher on Wednesday after the minutes of the latest Federal Reserve meeting, which provided further insight into the central bank's decision to change the forward guidance language......
The US markets ended marginally higher on Tuesday as another round of US-China trade talks began in Washington. President Donald Trump said the US-China trade talks are going very well and once again hinted......
The US markets ended significantly higher on Friday amid increasing hopes for a US-China trade deal. As per the report, officials from both the US and China will continue trade talks next week in Washington,......
Syndicate Bank has entered into partnership with Srei Equipment Finance to jointly provide financing for construction and farm equipment. Under the arrangement, Syndicate Bank would leverage on its low-cost......
Tata Motors will supply 80 Electric buses to the West Bengal Transport Corporation (WBTC). The company has already supplied 20 Ultra Electric 9/9m AC E-buses, with remaining 20 9/9m AC E-buses scheduled......
Bharat Electronics (BEL) and Hughes India have entered into a Teaming Agreement for design, development, supply, installation, integration and commissioning of Satellite Communication solutions for helicopters......