Wall Street’s main indexes rose, with gains in technology stocks helping claw back some of the week’s losses, which were sparked by concerns about interest rates.
Wall Street’s main indexes rose, led by gains in technology and industrial shares as investors looked past fears of more interest rate hikes this year.
US stocks were higher on Wednesday, with technology shares and Amazon driving gains ahead of minutes of the Federal Reserve’s most recent policy meeting.
Wall Street was set to open slightly higher as investors bet on strong corporate earnings, while playing down fears of a potential US government shutdown.
Wall Street’s main indexes were lifted by modest gains in technology stocks, led by Microsoft, IBM and Intel.
Wall Street’s main indexes were poised to open higher following strong results from Bank of America and a double upgrade on IBM.
US stocks rose with a broad-based rally across sectors as speculation over China halting US bond purchases eased and investors focused on quarterly earnings reports.
US stocks were little changed in morning trading, with gains in healthcare and technology stocks helping offset losses in energy shares.
Wall Street indexes rose with gains in consumer stocks such as Costco Wholesale helping a broad recovery.
US stocks climbed higher, boosted by gains in tech and banking shares and aided by news that the Republicans’ tax code overhaul should face final votes in Congress.
Ultratech Cement leads race to take over Binani Cement
Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors
Dalmia Bharat offers Rs 6,300 Cr
Dalmia seen to lose as UltraTech offering equity stake to creditors
Final decision on winner to be ratified by NCLT
Business Standard Reporst
4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model
Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray
NHAI hopes to generate more than Rs 6000 cr Under TOT model
auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km
Successful bidder to get toll collection rights for 30 years
Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide
Recommend duty for 5 Yrs on DMAC originating from China and Turkey
Co bags Rajasthan Project
Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan
Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation
With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets
On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation
Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations
To be out of F&O if it does not declare quarterly results by March 1
All existing F&O contracts will expire on March 28
No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1