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indian stock market
Currency, Foreign Markets, Intraday trading tips, News, NSE F&O, Stock Market

Sensex plunges 174 points, Nifty ends below 11,700-mark on last hour sell-off; RIL, HDFC Bank drag

Indian stock markets (Sensex and Nifty) ended lower on Wednesday following the last hour sell-off in heavyweight shares with BSE Sensex losing 173.7 points and NSE Nifty concluding below 11,700-mark. Indian equity markets fell deeper into negative territory in the late trades with BSE Sensex plunging 205 points and NSE Nifty slipping below 11,700-mark following the drop in RIL, HDFC Bank

dollar
Currency, Foreign Markets, Latest News

Dollar weakness lingers, US-China trade talks in focus

Dollar weakness lingers The dollar sagged on Wednesday, as US President Donald Trump’s comments on monetary policy continued to weigh on the greenback and markets awaited U.S.-China trade talks and Federal Reserve minutes for directional cues. Noticeable gainers against the dollar included the euro, which rose roughly 0.8 percent overnight, brushing a 12-day peak of

Top five IT players expected to post-1.1-4.1% cc revenue growth
Best Investment Advisor in India, Business, Currency, Equity Market, Foreign Markets, Genuine stock tips provider, Intraday trading tips, Intraday trading tips & Strategies, IT Industry, Latest News, SEBI Registered advisory company, Stock Market

Top five IT players expected to post-1.1-4.1% cc revenue growth

We estimate the top-5 IT players — Tata Consultancy Services (TCS), Infosys, Wipro, HCL Technologies (HCLT) and Tech Mahindra (TECHM) — to clock -1.1-4.1% q-o-q constant currency revenue growth in Q1FY19. During the quarter, EUR, GBP and AUD depreciated versus USD q-o-q, which is likely to impact revenue growth by 90-140bps. We expect margins to fall marginally as wage

US Stocks
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US jobs growth lifts Wall Street, Us Stocks Climbed offsetting tariffs

US stocks US stocks climbed on Friday, with the S&P 500 and the Nasdaq hitting their highest levels in two weeks, as strong US jobs growth blunted the impact of an escalating US-China trade dispute. Nonfarm payrolls Nonfarm payrolls increased by 213,000 jobs last month. US Labor Department said, topping expectations of 195,000, while unemployment

Currency, Ruppee
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Rupee regains 60 paise vs US dollar from all-time low per USD after RBI taps forex market

The Indian rupee regained nearly 60 paise vs US dollar from an all-time low level of 69.09 per USD in the early deals on Friday at the foreign exchange market, possibly after the Reserve Bank of India (RBI) intervened with an aim to arrest further plunge. According to the latest rupee to dollar exchange rate today on Bloomberg,

Pnb bank
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What led to huge PNB fraud and how few rogue employees escaped detection

A $2 billion fraud at India’s Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the bank’s own internal probe has found. PNB, India’s second-biggest state-controlled lender, has previously alleged that a handful of