Closing Bell: Sensex closes over 100 points lower, Nifty below 10,900; IT stocks gain

Closing Bell: Sensex closes over 100 points lower, Nifty below 10,900; IT stocks gain

Market at Close Shares have closed lower, amid caution ahead of RBI’s monetary policy committee meeting outcome on Wednesday. Uncertainty over US-China trade truce has also weighed on indices. Among sectors, weakness was visible among automobiles, banks, consumption and infrastructure...
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Kolkata: A city of arts, culture and cuisine

Kolkata, still commonly referred to as Calcutta, is the capital of India’s eastern state of West Bengal. It’s now known for its gentle pace of life, but back in the 18th century, the city was British India’s most important trading...
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Dow futures imply a more than 400-point surge at Friday’s open as stocks try to rebound from rout

Dow futures imply a more than 400-point surge at Friday’s open as stocks try to rebound from rout

U.S. stock futures traded higher on Thursday night, pointing to a rebound for Wall Street after back-to-back sell-offs. As of 1:17 a.m. ET, Dow Jones Industrial Average futures rose 279 points, indicating a gain of 406.17 points at Friday’s open....
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Cramer admits he’s getting ‘a little cautious’ about the Fed’s effect on the economy

Cramer admits he’s getting ‘a little cautious’ about the Fed’s effect on the economy

“Sometimes we need to do a little reassessment,” the “Mad Money”host admitted on Tuesday. “I’m starting to get a tad concerned about the health of more and more industries here. The universe of potential winners does feel, ...
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India has adequate ‘firepower’ to deal with rupee volatility: DEA secretary

India has adequate ‘firepower’ to deal with rupee volatility: DEA secretary

India has adequate “firepower” of foreign exchange reserves to deal with the current volatility in the rupee, the country’s Economic Affairs Secretary told reporters. The volatility is being driven by global factors including the proposed US sanctions on...
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RBI to hike rates again by year-end, August still in play: Poll

RBI to hike rates again by year-end, August still in play: Poll

The Reserve Bank of India (RBI) is expected to raise interest rates again in the final three months of this year, according to a Reuters poll of economists, but over one-third of them predicted a hike as early as at...
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