Nifty, Sensex extend gains, IOC drops after weak results
Indian shares extended gains seen through the week on Friday, as a raft of strong earnings raised expectations of a better December quarter. – Reuters: Money News
Month: November 2019
India’s October jobless rate rises to 8.5%, highest in over 3 years – CMIE
India’s unemployment rate in October rose to 8.5%, the highest since August 2016, and up from 7.2% in September, according to data released by the Centre for Monitoring Indian Economy … Read More
Softening demand drags Indian factory growth to two-year low in October – PMI
India’s factory activity growth hit a two-year low in October as new orders and output rose at a slower pace, dragging business confidence to its weakest since early 2017, a … Read More
Hong Kong bourse’s head calls himself great believer in ‘one country, two systems’
The chief executive of Hong Kong’s stock exchange operator, Charles Li, said on Friday he fully supported the Chinese-ruled city’s “one country, two systems” formula, after earlier saying the system … Read More
China’s online retailers take the battle to the hinterlands
Wu Weidong was never much of an online shopper. The 47-year-old resident of Yanzhou, a small town in China’s eastern Shandong province, typically bought groceries from local stores. – … Read More
Bajaj Auto Domestic Sales Down Nearly 13% In October
Motorcycle exports increased 3.30 per cent to 1,56,397 units. However, total motorcycle sales – including the domestic market and exports – came down 7.87 per cent to 3,98,913 units. … Read More
SBI expects return on assets to hit 4-year high this fiscal
Higher NIMs and stable asset quality are key drivers, says bank; shares rise nearly 8% – Stocks-Markets-Economic Times
Learning from creative people at work: Purposeful inquiry as core to investing
One of the most fascinating aspects of creativity is how dependent it is on memory. – Stocks-Markets-Economic Times
Vodafone Idea shares rally 14% as co dismisses reports on plans to exit India
“Vodafone is aware of the unfounded and baseless rumours circulating in the media.” – Stocks-Markets-Economic Times
Share market update: 26 stocks hit 52-week highs on NSE
Benchmark NSE Nifty index was trading 4.55 points down at 11,872.90. – Stocks-Markets-Economic Times