Stock Markets

Stronger yen drags Tokyo stocks down to further losses

Stronger yen drags Tokyo stocks down to further losses Tokyo - Japanese markets extended losses Wednesday on the yen's advance against the US dollar. Investors were selling also because worries grew on the US economic outlook following weak retail sales reports in March.

The benchmark Nikkei 225 Stock Average was down 74.33 points, or 0.84 per cent, to 8,768.35.

The broader Topix index of all first-section issues declined 9.27 points, or 1.1 per cent, at 834.15.

Tokyo investors sold mainly export-oriented issues as the stronger yen affects Japanese firms' earnings.

SEBI board to seek independent legal opinion on NSDL issue

SEBI board to seek independent legal opinion on NSDL issueWith the board of the Securities and Exchange Board of India, SEBI, divided on the issue related to its lawful right to inspect if the committee appointed to look into the National Securities and Depository Limited (NSDL) matter, it was decided on Monday that an independent legal opinion will be sought.

Sensex tests 11K level, closes higher for seventh consecutive day

Sensex tests 11K level, closes higher for seventh consecutive dayThe Indian stock markets remained buoyant and close higher on Monday, for the seventh consecutive day, after an intraday volatile session.

During trading session, the Sensex surpassed the 11,000 mark while the Nifty tested the 3,400 level. BSE Sensex settled the day at 10,967, up 163 points or 1.51%, and Nifty ended up 40 points or 1.21% to 3,382.

Further, BSE Mid Caps and Small Caps also ended the day with gains of 106.57 and 147.61 points at 3,464.92 and 3,915.16 respectively.  

PNB ties knot with brokerage firms to provide best ‘Online Trading Service’

PNB ties knot with brokerage firms to provide best ‘Online Trading Service’Punjab National Bank (PNB), India’s second largest public sector bank, has entered into an alliance with four brokerage firms, including Networth Stock Broking and SMC Global Securities, to strengthen its online securities trading services.  
 
Currently, PNB in association with IDBI Capital Market Services, offers online securities trading services to its clients through 139 branches spread across 60 centres all over the country.  
 

Australian stocks open the week on a high

Australian stocks open the week on a high Sydney - Australia

Tokyo stocks fall on worries about USfinancial sector

Tokyo stocks fall on worries about USfinancial sector Tokyo - Tokyo's markets lost ground Tuesday as investor concerns grew about the US financial sector with bank results to be released this week. The benchmark Nikkei 225 Stock Average fell 113.35 points, or 1.27 per cent, to 8,811.08.

The broader Topix index of all first-section issues was also down 10.29 points, or 1.21 per cent, at 838.68.

Japanese investors sold shares after they became concerned about Goldman Sachs Financial Group moving to raise 5 billion dollars of additional capital.

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