NEW DELHI: Nifty futures on the Singapore Exchange traded 29 points, or 0.24 per cent, lower at 11,915.60, indicating a negative start for Dalal Street. Here are a few stocks, which may buzz the most in today’s trade: IRCTC, BHEL: BHEL, IRCTC, NALCO, ABB, Cadila Healthcare, Pidilite Industries, Muthoot Finance, HUDCO, Oracle Financial Services, The New India Assurance Company and Cadila Healthcare will be among companies that will disclose quarterly results on Wednesday. UltraTech Cement: The company said it will sell its entire stake in Bangladesh-based Emirates Cement Bangladesh Ltd (ECBL) and Emirates Power Company Ltd (EPCL) to Germany's HeidelbergCement for an enterprise value of $29.5 million or Rs 211.48 crore. YES Bank: Sunil Munjal, chairman of Hero Corporate Services Ltd, and Hemendra Kothari, veteran investment banker and founder of DSP Group, have held separate talks with Yes Bank Ltd to purchase stakes of 5-10% each in the cash-starved private lender, Mint … [Read more...] about Stocks in the news: IRCTC, YES Bank, Adani Gas, BHEL and UltraTech Cement
What is derivatives market
A month ago, CME Group (CME) chief executive Terrence Duffy said he didn't see a need to list bitcoin futures. But Duffy, who heads the company that operates the New York Mercantile Exchange, has since reversed himself: He announced plans earlier this week to offer the contracts by year-end. Such is the often-unpredictable nature of the market for bitcoin and other digital currencies, also called cryptocurrencies. In less than a decade, they've morphed from an esoteric idea hatched on the internet to the financial world's mainstream with market valuations that eclipse the economies of some small countries and publicly traded corporations, including Goldman Sachs (GS). Bitcoin, the largest of all cryptocurrencies, has been on a tear of late, surging 17 percent over the past week to above $6,600 on Wednesday, an all-time high. That indicates many investors are ignoring warnings from JPMorgan (JPM) CEO Jamie Dimon, billionaire Warren Buffett and others Wall Street … [Read more...] about Bitcoin takes another step toward wider acceptance
The Securities and Exchange Board of India (SEBI)-appointed forensic auditors, Deloitte and E&Y, have submitted their respective reports on the NSE’s co-location server case, in which some brokers are said to have profited through unfair means.The controversy was exposed by a whistle-blower who alleged that certain brokers who had availed NSE’s co-location facility, got preferential access to price feeds by conniving with some exchange employees.Sources told Moneycontrol that the findings of the forensic auditors were similar to those of the SEBI-appointed Technical Advisory Committee which had prepared the first report on the co-location controversy.Close “The TAC report had mentioned that the NSE architecture was prone to market abuse thereby compromising market integrity and fairness,” the source said, adding, the report mentioned OPG Securities and other brokers who were given preferential access to back up server. related news PE/VC … [Read more...] about SEBI may take up Deloitte, E&Y forensic reports at June 21 board meet
BUENOS AIRES, Argentina, Oct 28 (Reuters) - Argentina’s farmers have some questions for President-elect Alberto Fernandez, after the center-left Peronist won a decisive election on Sunday, ousting business-friendly leader Mauricio Macri. Across the country’s fertile Pampas grains belt, with vast fields of soybeans, corn, wheat and cattle ranches, the agriculture sector will now grapple with what a new president means and what policy changes could be in the cards. The farming sector is Argentina’s biggest driver of exports and much-needed overseas currency, and will be key as Fernandez looks to right an economy mired in recession for much of the past year and stave off default on rising debts. Fernandez is seen as a pragmatist and moderate but will enter the presidential palace alongside running mate Cristina Fernandez de Kirchner, the former president, who battled with the farm sector during her two-term administration from 2007 to 2015. Fernandez has signaled he … [Read more...] about EXPLAINER-Argentina’s farmers have some questions for President-elect Fernandez
Speaking at the opening of the Vietnam Communist Party Central Committee’s conference on May 16, Party General Secretary and President Nguyen Phu Trong raised the question "What will our country be in 2045?" The question of the top leader of Vietnam is one of many that need to be addressed at the upcoming XIII Congress, for which the Central Executive Committee is preparing. If the Party and the people's will unite, the problem can be solved no matter how difficult it is. In this regard, the will of the Party is taking shape. But what about the people? There are hundreds of ideas. VietNamNet would like to introduce an article by Dr. Dinh Duc Sinh about this matter. By 2045, the country's name will still be the Socialist Republic of Vietnam In 1945, the August Revolution gave birth to the Democratic Republic of Vietnam. After 35 years, in 1980, the name of the country was changed to the Socialist Republic of Vietnam with the expectation of advancing rapidly, strongly and firmly … [Read more...] about What will Vietnam be in 2045?