Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: VAT RATES :: Central Excise rule to resale the machines to a new company :: form 3cd :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: TDS :: due date for vat payment :: VAT Audit :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
« Markets »
 Why we must tweak the market-led model
 PE transactions prompt income tax queries over round tripping concerns
 Amended India-Mauritius tax treaty only covers investments in shares
 Government drops cap gains tax on startup shares held for 2 years
 Tax-free bonds regain demand in the secondary market
 Relevant Market’ Under Competition Act, 2002
 Indian markets best in terms of earnings momentum, price revision
 How India will become a common market with GST
 Broader markets outperform; Nifty holds 8,500
 Have Indian markets run ahead of fundamentals?
 Sebi mulls allowing foreign VCs in infra investment firms

Market opens with a positive bias
June, 16th 2008

Markets have started off with a positive bias on back of firm cues from the international equity markets. Among the 30-scrips of 29 stocks are in green and 1 stock is in negative terrain. Frontrunners like ICICI Bank, Reliance Industries, Infosys and HDFC are among the major gainers. While, Tata Motors is the only laggard. At 10:00 am (IST), the BSE 30-share Sensex gained 326 points at 15,516 and NSE Nifty was up 89 points at 4,605.

Asian stocks rose for a second day, led by automakers and technology companies, as the yen weakened against the dollar and crude oil prices retreated.

The MSCI Asia Pacific Index added 0.5% to 141.32 as of 9:33 a.m. in Tokyo, rebounding from its largest weekly drop in 10 months. More than two stocks advanced for each that retreated among the benchmark's 991 members.

Japan's Nikkei 225 Stock Average added 1.2% to 14,140.21, extending its June 13 gain of 0.6%. Indexes advanced in other Asian markets open for trading, except for Australia which was little changed.

US stocks rallied on Friday, with a stronger dollar and weaker oil prices giving investors a reason to snap up some recently beaten-down shares. The Dow Jones Industrial Average gained 1.4%, while the broader Standard & Poor's 500 index gained 1.5% and the Nasdaq Composite climbed 2.1%.

US shares rose modestly at the open but picked up pace later on, despite a report showing a big jump in consumer inflation. Investors took advantage of some lower stock prices, following a tough period on Wall Street.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Company Overview

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions