Tag Archives: Remain

Smartphones remain a must-buy even in overall slowdown season

New Delhi: There’s little in common between Parle’s ₹5 biscuit pack and motor cars made by Maruti Suzuki India Ltd, except that both have been hit hard by a demand slump. While the slowdown appears to have left few industries unscathed, it’s clear that one area where Indian consumers are loath to skimp on is smartphones. The latest data about India’s smartphone sales bear out ... Read More »

Support for Nifty at 10,777; PSU banks, media stocks to remain under pressure

Chandan Taparia Nifty index had a volatile Budget day but overall witnessed strong recovery of 400 points from recent swing low of 10,583 to 10,983 zones in last four sessions. It corrected from higher zones in the last week but again managed to attempt the same key hurdle area. It formed a Bullish candle on weekly while a High Wave ... Read More »

FPIs remain bullish on Indian markets, pour $4 bn in July

Overseas investors have pumped a staggering $4 billion into the Indian capital market this month, primarily due to “better prospects” of economic growth as compared to other emerging markets. The latest inflow follows net infusion of Rs.1.6 lakh crore in the previous five months (February-June). In January, they had pulled out Rs.3,496 crore. “FPI inflow could be attributed to relative ... Read More »

Survey: small business owners remain optimistic about growth

(Photo: Thinkstock) Small business owners are largely optimistic about their ability to grow business and raise revenue in the year ahead, mirroring Wall Street’s sanguine outlook, according to a new index survey released Wednesday. The MetLife & U.S. Chamber of Commerce Small Business Index produced a score of 60.6. That means 60.6% of small business owners currently have “a positive ... Read More »

Oil Prices Remain Near Two-Month Lows As Investors Bet On Weaker Prices

Singapore: Oil prices remained near two-month lows from the previous trading session on Tuesday as financial traders lost confidence in a recent price rally, switching positions in anticipation of lower prices. International Brent crude oil futures were trading at $46.13 per barrel at 0027 GMT, down 12 cents from their last close and near to the $45.90 two-month lows reached ... Read More »

iPhone Shipments This Year to Remain Below 200 Million Units: Report

Reports about dropping iPhone shipments were already making rounds in a few markets, with several analysts also predicting a sharp decline for Q1 2016 from a year ago. The iPhone has peaked, is the general consensus, with little chance of Apple ever beating the 74.8 million iPhone units shipped in a single quarter record from Q4 2015. Now, a reliable ... Read More »