Rupee at 63.53 against US dollar
The benchmark BSE Sensex recovered over 110 points in early trade today after retreating for two straight sessions, on value buying by participants in select blue chip stocks amid rebound in Chinese stocks. Besides, optimistic buying activity ahead of the release of first quarter earnings by... read more »
nearly 2500 more cars sold this June
Domestic passenger car sales rose 1.53 per cent to 1,62,677 units in June from 1,60,232 units in the year-ago month. Motorcycle sales last month rose marginally to 8,77,696 units from 8,77,289 units a year earlier, according to data released by the Society of Indian Automobile Manufacturers... read more »
Alcoa earnings inch up despite lower aluminum prices
The company said last night that net income for the quarter ending June 30 was $140m, up from $138m the same time last year. Sales for the three month period rose 1% to $5.90 billion. Alcoa cited higher profits from its global rolled products business, which provides sheet and plates for the... read more »
South Korea shares fall on China worries, won steady as Bank of Korea holds...
Seoul shares slipped below the key 2,000-point level on Thursday morning as China’s market turmoil continued drive nervous investors out of riskier assets. Market reaction was largely muted after the Bank of Korea kept its policy interest rate steady at a record low of 1.50 per cent, as... read more »
