Business Ideas

US market ends firm; MTNL ADR up 3%

US markets advanced on Monday, sending indexes to fresh 13-month closing highs, after Federal Reserve Chairman Ben Bernanke reinforced expectations that interest rates would stay low to help growth. - "The current crop will be much better" - Ubuntu 9.10: A karmic disconnection - US markets ends higher on strong retail news - Trade deficit in US increases by most since 1999 - TCS to form business alliance with Dow - US markets drop on energy shares The Dow Jones industrial average gained 136 points (1.3%) to 10,406. The Nasdaq Composite Index jumped 30 points (1.3%) to 2,197. The Indian ADRs ended on a positive note. HDFC Bank and MTNL advanced over 3% each to $136.51 and $3.36, respectively. ICICI Bank and Tata Motors added over 2% each to $39.78 and $14, respectively. Infosys and Wipro were up 2% each Mahindra Satyam on the other hand slipped around 3% to $5.23 and Patni Computers was donw 2% at $21.38, respectively.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

Categories
Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business
News of the day
Bulls to hold sway above 17,380
The markets struck positive notes at the beginning of the year with the benchmark indices touching their fresh 22-month highs. The Sensex scaled a high of 17,790, but eventually ended with a marginal gain of 75 points at 17,540 this week. Mid- and small-caps outperformed the benchmark with significant gains of 3.4 per cent and 4 per cent, respectively.
Popular Articles

SAIL 'steels' the show, tops world in profit stakes
While SAIL is operating at full steam, the capacity utilisation among other global biggies is just 50-60 per cent.

Companies Bill likely to be re-introduced this week
The new Companies Bill, 2008, which lapsed after the 14th Lok Sabha was dissolved, is likely to be re-introduced in Parliament this week, official sources said.

© Copyright 2009