Market outlook: Time to protect profit, but don?t short Nifty - The levels of 10,580 and 10,625 will act as immediate resistance for the market.Bond traders' respite from flattening curve may prove fleeting - The benchmark 10-year yield rose to just above 2.96 percent Friday.Down in Saudi amnesia, they're partying like it's 2008 - WTI crude after trading above $145 in July 2008 fell below $40 by the end of the year.Is the worst over for Indian banks? - It is surprising that the RBI has taken a step back and given relaxation on the provision front.FPI outflows in April at Rs 8,000 crore on trade negotiations - This comes following an inflow of Rs 11,654 crore in equities last month.
SENSEX RSS Failed to parse RSS file. (not well-formed (invalid token) at line 45, column 119) India seeks to speed up foreign deals with 'one-stop shop' - The Finance Ministry, seeking to speed up deals with outside investors, is set to take full control of the oversight of more than $40 billion a year in foreign direct investments and share purchases, two government sources said.Why auctions for power projects don?t work in India - In the last 10 years, India has discovered auctions for itself. All kinds of public resources (such as 3G spectrum) or contracts (such as power purchase agreements, PPAs) are auctioned off. Rupee ends 21 paise lower vs US dollar; snaps 3-day winning run - The rupee snapped its three-day winning spree against the American currency by falling 21 paise to 63.72 on fresh dollar demand from banks and importers in view of a firm dollar in the overseas market.Late surge drives Nifty above 8,350, Sensex ends up 363 points - After consolidating for second straight day, late surge drove market on higher levels. The Sensex was up 363.30 points or 1.3 per cent at 27687.30 while the Nifty ended up 111.30 points or 1 per cent at 8373.65. CNG price to be increased by 45 paise per kg in Delhi, piped cooking gas in NCR - The applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs 27.05 per scm, which is being increased from existing Rs 26.55 per scm.