Gold was steady at $1,282.20 an
ounce by 0038 GMT, having jumped about 1 percent on Tuesday on
chart-based buying before paring gains. Prices hit a two-month low of
$1,273.06 on Aug. 21 on speculation of an eventual increase in U.S.
interest rates.
* The Conference Board's measure of U.S. consumer confidence rose more than expected in August, hitting its highest level since October 2007. Separately, orders for long-lasting U.S. manufactured goods posted their biggest gain on record in July.
* Speculation is growing that the European Central Bank is preparing a programme of large-scale asset purchases to weaken the euro and try to jump-start growth in the struggling euro zone.
* President Barack Obama vowed "justice will be done" against the Islamic State killers of American journalist James Foley on Tuesday as the United States sought to identify targets for potential airstrikes in Syria.
* The Conference Board's measure of U.S. consumer confidence rose more than expected in August, hitting its highest level since October 2007. Separately, orders for long-lasting U.S. manufactured goods posted their biggest gain on record in July.
* Speculation is growing that the European Central Bank is preparing a programme of large-scale asset purchases to weaken the euro and try to jump-start growth in the struggling euro zone.
Amansa Holdings Private Limited sold 14,85,019 shares of Carborundum Universal at Rs 200.
Valecha Engineering is in talks with foreign player to sell stake in 3
road projects, reports CNBC-TV18 quoting unnamed sources.
The company has entered into a joint venture with BigBasket.com,
India's largest online food and grocery store for the launch of its
branded range of spices - Saaz, said the company in its filing.
The water and renewable energy business of LT construction, the brand
of LT, has secured new orders worth Rs 1,283 crore in July and August.
Here are few top buzzing stocks picked by CNBC-TV18's analysts in trade
today. We have Shree Renuka, Balrampur Chini, Bajaj Hindustan, Hitachi
Home, United Spirits, Nectar Life, Sun Pharma, Ranbaxy and Bank Nifty.
In a bid to provide relief to the sugar industry, the government on
Friday decided to increase import duty on the sweetener from 15 percent
to 25 percent. The industry which owes Rs 15,000 crore to sugarcane
growers, has been demanding an increase of 40 percent.
Not only today but also it fell in previous session, down more than 2
percent after the exchange said it will remove the scrip of liquor maker
from CNX Nifty, CNX 100, CNX 200, CNX 500, CNX FMCG, CNX Consumption,
LIX 15 and NI15 indices.
Arvind said its subsidiary Arvind Lifestyle Brands has entered into an
agreement with San Francisco-based company Gap Inc., to open Gap stores
in India.
Merrill Lynch Capital Markets Espana S.A. SVB bought 2,31,769 shares of Welspun Project.
The ministry of environment and forests has given environment clearance
to the subsidiary of Vedanta Resources to raise crude oil production
from its prolific Rajasthan block by 50 percent to 300,000 barrels per
day.
The engineering and construction major's brand LT Construction received orders worth Rs 1,832 crore in July and August.