Archive for the ‘Business news’ Category

Markets This Week

Coal india up 7%, M&M up 5.9%, BoB up 4.8%, PNB up 3.8%, Tata Motors up 3.5%

SBI up 3.1%, BPCL up 3%, NTPC up 2.2%, Power Grid up 2.1%, Hero Moto up 2%

Markets This Week

#Nifty down 1.3%, CNX Midcap down 1.7%

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China’s Stock-Market Bulls Are Back, But Where Are the Earnings?

“It’s very difficult to see this rally sustaining without an earnings recovery,” said Tony Chu, a Hong Kong-based money manager at RS Investment Management Co., which oversees about $18 billion. Foreign investors “don’t have a very strong medium-to-longer-term view.”