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HEADLINES / HIGHLIGHTS |
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Commodities |
Bullion |
Oil falls to near $92 after sharp 2-week selloff
AP
18 May 2012,
14:17
Oil prices fell to near $92 a barrel Friday in
Asia, extending a sharp two-week selloff.
Brent hits 2012 low on
Europe turmoil, weak
US data
Reuters
18 May 2012, 13:11
Brent crude slipped below $107 per barrel on Friday to its lowest in 2012 as a worsening euro zone crisis raised fears of a global slowdown.
Brent steady above $107, heads for weekly fall as
Europe weighs
Reuters
18 May 2012, 12:17
Brent crude held steady above $107 per barrel on Friday, but prices were headed for a third straight weekly drop.
US wheat off 6-week top, heads for best week since July
Reuters
18 May 2012, 11:41
US wheat fell 0.7 per cent on Friday as the market took a breather after climbing to a six-week high.
Dalian Commodity Exchange drafts coking coal futures
Reuters
18 May 2012, 11:37
China's Dalian Commodity Exchange (DCE) has drafted the world's first coking coal futures contract.
Copper inches above 4-month lows; euro zone weighs
Reuters
18 May 2012, 09:07
London copper peeked above four-monthlows on Friday on bargain-hunting and signs that Greeks are warming up to pro-austerity parties.
Oil slides on deepening fears over eurozone
AFP
18 May 2012,
09:04
Oil extended losses in Asian trade Friday on growing concerns that the eurozone's debt woes could worsen.
Plunging rupee wipes out gains from falling crude oil prices
ET Bureau
18 May 2012,
03:47
Oil prices have fallen with investors dumping risky assets on concerns of falling demand in parts of crisis-hit
Europe.
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Gold erases early gains as euro weakens
Reuters
18 May 2012, 13:20
Gold reversed course and edged down on Friday after posting its biggest daily rise in more than three months the previous session
Gold extends gains, but heads for 3rd straight weekly drop
Reuters
18 May 2012, 09:35
Gold rose on Friday, after posting its largest one-day gain in more than three months in the previous session.
India Q1 gold jewellery market suffered a 19% drop in demand: WGC
Reuters 17 May 2012, 11:35
India's vast gold jewellery market suffered a 19 percent drop in demand in the first quarter of the year.
Centre plans to have gold hallmarking in metros
TNN 17 May 2012, 10:10
Consumer affairs ministry intends to make it mandatory for jewellers in metros to have their gold certified in these four cities to begin with.
Gold up, comes off 4-1/2 month low; Greece weighs
Reuters 17 May 2012, 08:49
Gold rose half a percent on Thursday as bargain hunters resurfaced after prices tumbled to another 4-1/2 month low.
Gold tumbles into the bear market, falls for a fourth straight session
ET Bureau 17 May 2012, 03:44
Gold declined for a fourth straight session in New York and entered a bear market as concern that Greece will have to leave the euro.
Gold recovers from 4-1/2-month low as euro firms
Reuters 16 May 2012, 20:38
Gold recovered from its lowest since late December on Wednesday, edging back into positive territory as U.S. stocks opened higher. |
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Hot Stocks |
Global Market |
Bajaj Auto extends losses from weak Q4 earnings
ET Bureau
18 May 2012,
14:49
Bajaj Auto shares extended their decline on Friday, after the company reported on Thursday that its net profits declined 45% in Januar-March quarter.
Infosys at highest-ever discount to TCS, has 22% upside: Motilal Oswal
Nihar Gokhale
18 May 2012,
14:07
Infosys shares are at a historically low discount to those of rival Tata Consultancy Services, which warrants a re-look at expectations of the Infosys stock's performance over the coming year, analysts said.
SBI shares surge 4 per cent after Q4 earnings
Reuters
18 May 2012, 13:36
Shares in State Bank of
India rose as much as 4 percent, recovering from earlier falls of as much as 1.5 percent in the morning
Auto shares skid on rupee, sales outlook
Reuters
18 May 2012, 13:04
Auto index falls 2.8 percent as record low rupee seen raising the cost of imports, royalty payments.
BEML says bank accounts not frozen for Tatra deal
ECONOMICTIMES.COM
18 May 2012,
12:56
Shares of BEML were under pressure after reports that the Karnataka police had frozen the company’s banks accounts.
Mahindra Satyam gains over 2% post Q4 earnings
ECONOMICTIMES.COM
18 May 2012,
10:36
Mahindra Satyam Ltd surged over 2 percent on Friday after the company reported a net profit of Rs 534.21 crore for the fourth quarter ended
March 31, 2012.
Bajaj Auto slips for second day on disappointing results
ECONOMICTIMES.COM
18 May 2012,
10:26
The Bajaj Auto Ltd stock slipped for the second day in a row on Friday after the two-wheeler maker reported a 44.85 percent decline.
Infinite Computer bets on new clients to lift growth rate for FY13
Parul Bhatnagar
18 May 2012,
02:17
Given a strong traction in the order book size and new client additions, the company sounds confident about clocking growth rate.
Heard on the street: Edelweiss stops charging brand usage fee from units
Shailesh Menon
18 May 2012,
02:05
Edelweiss Financial has indicated in its notes to account that the company has ceased to charge brand usage fees from its subsidiaries. |
European shares set for biggest decline since Nov
Reuters
18 May 2012, 15:17
European shares weakened on Friday, set for their biggest weekly decline since November.
US stock index futures point to modest rebound
Reuters
18 May 2012, 14:47
US stock index futures point to modest rebound
Hong Kong shares end down 1.3 pct, HSBC sinks
Reuters
18 May 2012, 13:51
Hong Kong shares suffered a third-straight loss on Friday, slumping to a second-consecutive weekly loss.
European shares hit again by
Spain,
Greece fears
Reuters
18 May 2012, 13:00
European shares opened sharply lower on Friday, on course for their biggest weekly decline since November.
China shares fall 1.4% to 1-month low
Reuters
18 May 2012, 12:52
Chinese shares fell 1.4 percent to a one-month low on Friday, tracking other regional markets lower on worries over the euro zone.
Singapore shares fall more, down 4% this week
Reuters
18 May 2012, 12:00
Singapore shares extended their fall on concerns about growing instability in Spanish banks and political turmoil in
Greece.
Australia shares slump 2.7 per cent; miners, banks dumped
Reuters
18 May 2012, 11:55
Australian shares tumbled 2.7 percent on Friday on growing concerns about the global economic outlook.
Nikkei falls for 7th week, worst run since 2001
Reuters
18 May 2012, 11:49
Japan's Nikkei average shed 3 percent on Friday to log a seventh straight week of losses, its longest such run since the third quarter of 2001.
European shares seen lower on Friday
Reuters
18 May 2012, 11:30
European shares were set to open sharply lower on Friday, heading for their worst weekly loss since late November. |
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