Markets-The Economic Times

Sebi likely to get access to call records for insider trading

Sat, 19 May 2012 16:25:06 GMT

Mkt regulator Sebi may finally get the right to access telephone call records of persons suspected to be involved in insider trading and other offences.

Weekly review: Sensex drops 140 points on weak Re, global worries

Sat, 19 May 2012 16:24:29 GMT

Indian mkt indices declined nearly 1% in a volatile trading this week as a record drop in Re value and eurozone crisis weighed heavily on investors' sentiments.

Wall St wk ahead: US mkt oversold, but major signs say 'sell'

Sat, 19 May 2012 16:20:05 GMT

The S&P 500, which is down 7.3% so far in May, could decline further next week as concerns about the financial health of Europe persist.

Sebi asks govt to route RGES through MF

Sat, 19 May 2012 15:01:03 GMT

To minimise risk associated with direct stock investment for new investors, Sebi has asked govt to route tax-saving Rajiv Gandhi Equity Savings Scheme through MF.

'Small investors should not directly trade in equities'

Sat, 19 May 2012 13:40:42 GMT

Small investors should not start trading directly in stock market as they don't have adequate resources to take informed decision, said SEBI chairman U K Sinha.

Obama pledges tough enforcement of Wall Street reforms

Sat, 19 May 2012 10:24:20 GMT

President Obama called on the US Congress to back his efforts for tough new financial industry oversight, citing the $2 bn JPMorgan trading loss.

'Indian mkts may continue to swing to global tunes'

Sat, 19 May 2012 09:16:39 GMT

The Nifty is expected to take support around 4,860 and move upwards to 5,070 in the immediate run with reversals placed around 4,790.

India growth obstacles internally created: India Forex

Sat, 19 May 2012 08:55:48 GMT

India should have focused less on export promotion and more on import substitution, India Forex Advisors founder-CEO Abhishek Goenka says.

World stocks erase year's gain; Brent at 2012 low

Sat, 19 May 2012 08:01:38 GMT

World stocks dropped 1.1% and gave up all of their gains for the year to date fueled by the ECB's injection of more than 1 trillion euros.

Stocks to buy in uncertain macro environment

Sat, 19 May 2012 06:33:32 GMT

Bharti Airtel, HUL, L&T, Apollo Tyres and ICICI Bank are attractive picks in the medium term, given the current market sentiment, analysts say.

How retail investors can beat market downtrend

Sat, 19 May 2012 05:31:53 GMT

Analysts recommend retail investors switch to defensive plays from high beta stocks to beat the current volatility and downtrend.

Rupee sinking but RBI yet to act

Sat, 19 May 2012 04:33:22 GMT

"We want to be sure that when we take any action, there is some scope for impact," Subir Gokarn, deputy governor at RBI, said in Kolkata.

Facebook market debut falls short of expectations, faces challenges

Sat, 19 May 2012 01:50:46 GMT

However, the IPO minted thousands of new paper millionaires among Facebook's 3,500 employees, and a handful of billionaires among its founders and early investors.

Commodities to resume bull run soon: Jim Rogers

Sat, 19 May 2012 00:02:25 GMT

Commodity investor Jim Rogers believes a bull run will resume apace in farm products after what has been a rough year for most commodity prices.

Eurozone crisis drives world stocks lower

Fri, 18 May 2012 22:49:50 GMT

Spooked investors showed little faith that G8 weekend summit in US would produce any quick or convincing action that could quell the turmoil in eurozone.

Messy Facebook debut marks weak day on Wall Street

Fri, 18 May 2012 21:48:24 GMT

The S&P dipped below 1,300, seen as key support level, for first time since mid-Jan. Investors were cautious before leaders of G8 met about euro zone crisis.

FB flat in IPO, closes at $38.23

Fri, 18 May 2012 20:35:07 GMT

The closing price means Facebook is worth about $105 bn, more than Amazon.com, McDonalds and storied Silicon Valley icons Hewlett-Packard and Cisco.

FB IPO: Facebook shares stumble after early surge fades

Fri, 18 May 2012 20:35:07 GMT

The shares, priced at $38 in largest-ever IPO for a tech company, jumped 12% to $42.55 in opening Nasdaq trades but within minutes fell back to the offering price.

Gold jumps, heads for biggest 2-day gain since Oct

Fri, 18 May 2012 20:04:45 GMT

But traders remained cautious given how the escalating crisis in Europe has driven the single currency lower this month.

SBI scripts turnaround story with retail lending

Fri, 18 May 2012 19:42:48 GMT

Higher interest income and lower provisioning for bad loans helped SBI report earnings that may wipe out worries about its financial health.

Wall Street falls before G8 leaders meet on euro zone

Fri, 18 May 2012 19:40:14 GMT

Growing concerns that global growth will suffer from euro zone's problems and signs of slowing US recovery have put S&P on track for 6th straight day of declines.

Listing averts questions over 'odd lots'

Fri, 18 May 2012 18:59:22 GMT

Shares of Facebook traded as high as $45.00, near the price of $50 that would keep many retail investors from placing a typical "round lot" order of 100 shares.

Wall Street falls; NYSE stocks turn negative for year

Fri, 18 May 2012 18:55:14 GMT

US stocks fell with the NYSE composite stock index turing negative for the year as Facebook Inc stumbled in its market debut.

FB investors left guessing after Nasdaq glitch

Fri, 18 May 2012 18:47:28 GMT

Individual investors were left guessing for more than two hours about whether their buy and sell orders for newly issued Facebook shares were actually executed.

FB's debut modest, high volumes cause problems

Fri, 18 May 2012 17:49:36 GMT

Facebook shares rose less than expected on their first day of trade on Friday and huge order volume caused technical problems.