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in BUSINESSMarkets open weak: Sensex drops over 300 points, Nifty tests 9,400-level in early trade ahead of GDP data; Rupee up
Equites fell on Friday after two days of strong gains as markets awaited the release of March-quarter GDP figures later in the day, while US-China tensions further dampened sentiment. #CNBCTV18Market | Market opens lower, #Sensex & #Nifty down 1% each pic.twitter.com/iu9VIvcMU5 — CNBC-TV18 (@CNBCTV18Live) May 29, 2020 Sensex tumbled over 300 points in early trade […] More
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Salesforce-AT&T deal is one of our ‘largest’ transactions
Salesforce has inked a deal with AT&T that will go down as the biggest partnership the cloud customer relationship company has made in its history, CEO Marc Benioff told CNBC’s Jim Cramer on Thursday. “This is a transformational opportunity for AT&T wireless,” he said in a “Mad Money” interview. “It’s one of the most significant […] More
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Wall Street is still in for a ‘rough ride’
CNBC’s Jim Cramer on Thursday recommended investors continue adding the remote work plays to their investment portfolios as the stocks pull back. “These stocks have been big winners since the bottom in March, and while many of them have fallen out of favor this week, I think that’s temporary,” the “Mad Money” host said after […] More
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Cramer’s lightning round: Buy AMD over Intel
Teva Pharmaceutical Industries: “No. It’s a generic drugmaker and those stocks are all pretty awful when you’ve got such fabulous companies like a Merck, like a Pfizer, like a Bristol-Myers.” Starwood Property: “I feel the same way. It’s down 44%, the yield is 13%, but this guy [CEO Barry] Sternlicht has always impressed me as a […] More
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in BUSINESS
Stock markets end day’s session in green: Sensex up over 500 points, Nifty nears 9,500; Zee Entertainment, Eicher Motors among top gainers
Continued value buying in leading banking stocks and shortcovering by market participants ahead of month derivatives expiry led the market to post strong rally for the second consecutive trading session. The strong trend in the US and European markets amid optimism of reopening of economies also supported market gains. #MarketAtClose | Market gains for 2nd […] More
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in BUSINESS
Sensex jumps over 200 points, NSE above 9,390-level in opening trade; RIL, ICICI Bank, HDFC among early gainers
Shares edged higher on Thursday as signs the government is ready to step in to support state-run banks supported financial shares for a second day, adding to a broadly more positive global mood. #CNBCTV18Market | Market opens in the green with #Nifty above 9,300 and #Sensex up more than 200 points pic.twitter.com/lbBgeGU5kZ — CNBC-TV18 (@CNBCTV18Live) […] More
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in BUSINESSSensex jumps over 300 points, Nifty close to 9,400; economy likely to contract 5% in FY21, says S&P
Stock market today LIVE Updates: Sensex jumps over 300 points, Nifty close to 9,400; economy likely to contract 5% in FY21, says S&P New York: Asian shares are likely to dip on Thursday after remarks by US Secretary of State Mike Pompeo that Hong Kong no longer warranted special treatment under US law reignited worries […] More
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in BUSINESS
HP CEO commits to buyback program, says stock is ‘undervalued’
In a time where stock buyback programs have come under scrutiny, HP is sticking to the principles laid out in the company’s value plan, CEO Enrique Lores told CNBC Wednesday. “We still think that buying back stock is good because we think it’s undervalued” and “we are going to stay committed to the principles that we […] More
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JP Morgan chief economist forecasts ‘strong rebound’ in Indian markets
NEW DELHI : Global investment bank JP Morgan is forecasting a “very strong rebound” in Indian markets for the second half of the year while it remains “worried” about what it describes as deterioration in the country’s public finances, social disruption and the limits of public financing in the long slog back from the coronavirus […] More
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in BUSINESS
Markets open on positive note, Sensex up, Nifty above 9,050; Kotak Mahindra Bank, Hindalco up 2%
Stock market today LIVE Updates: Markets open on positive note, Sensex up, Nifty above 9,050; Kotak Mahindra Bank, Hindalco up 2% New York: Asian shares shed some of their recent gains on Wednesday as investor concerns about rising tensions between the United States and China tempered optimism about a re-opening of the world economy. US […] More
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in BUSINESS
Markets open positive: Sensex rallies over 400 points, Nifty above 9,140-mark; HDFC, ITC, RIL among major gainers
Shares tracked global markets higher on Tuesday, led by gains in beaten down financial stocks, with investor sentiment lifted on stimulus hopes and as economies reopened from coronavirus lockdowns. #CNBCTV18Market | Market opens with gains, in-line with SGX Nifty’s indication. Sensex above 31,000, Nifty up nearly 100 points pic.twitter.com/QTEpOvFC9I — CNBC-TV18 (@CNBCTV18Live) May 26, 2020 […] More
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in BUSINESS
Sensex rises 168 points, Nifty above 9,000-mark; Ultra Cement, Titan among major gainers
Stock market today LIVE Updates: Indices trim early gains, Sensex up 221 points, Nifty above 9,100-mark; Uber cuts 600 jobs in India Sydney: Asian shares crept ahead on Tuesday following an upbeat session in Europe and further gains in US stock futures as investors looked past Sino-US trade tensions to a re-opening world economy. Japan’s […] More
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