Stock Research

US stocks drop 3 per cent on economic data, rising lending rates

Wall Street reboundWashington - Two US stock indices dropped more than 3 per cent in early morning trading Thursday, pulled down by a jump in interbank borrowing costs and reports of a worsening economy.

The decline came despite the vote of confidence by the US Senate late Wednesday for a second version of the finance rescue plan.

The US House of Representatives is to vote on Friday for the version after dealing a stunning defeat to the first version on Monday and sending stocks in a 7-per-cent-plus dive.

Aban Offshore JV secures order worth $271 million

India's Sensex posts 3.7-per-cent gain

New Delhi - India's benchmark Sensex index rose 3.67 per cent Friday, its biggest rise in the past four weeks, as traders bought up stocks after the country's inflation rate declined.

Government studies organized retailing on unorganized retail trade

Kamal NathNew Delhi, Apr 30 : Commerce and Industry Minister Kamal Nath told t

Q1 Results Raise Market Expectations – Abhay Aima

Market Analyst Abhay AimaAccording to market analyst Abhay Aima that markets will t

Reliance may soon breach 2000 levels, Says Ashwani Gujral

Reliance stockReliance Industries has still lot of steam left to take it to levels higher than 2000. Recently, the company has been a re-rating and analysts have a more optimistic view on Reliance.

Technical Analyst, Ashwani Gujral is also suggesting Reliance Industries as it may go up to Rs 2000. Anyone wants to make good profit should buy Reliance at lower levels, as it will soon reach to a new high.