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Sensex edges up; caution prevails ahead of Yellen speech

Indian shares crept up on Wednesday, led by drug maker Aurobindo Pharma Ltd after stellar quarterly results, but sentiment remained edgy as investors awaited further clues on whether the Federal Reserve will raise U.S. interest rates this year.

Recent Business News

China cracks down on peer-to-peer lending to curb illegal activities

BEIJING China's banking regulator issued tough new rules on Wednesday to tighten regulation of the country's $60 billion peer-to-peer lending sector, which has been dogged by scandals and fraud.

Tech 1:44pm IST

As China e-commerce booms, private equity sees room for growth in storage space

HONG KONG When U.S. private equity heavyweight Warburg Pincus started looking at China's logistics sector in late 2009, there were more modern warehouses in Boston than in the whole of the world's most populous country.

Tech, Top News 9:11am IST

Glencore speeds up debt reduction with Australian copper mine deal

MELBOURNE Glencore Plc has agreed to sell all the gold and a 30 percent stake in its Ernest Henry copper mine in Australia to Evolution Mining for A$880 million ($670 million), advancing the Swiss giant's effort to pay down debt.

Deals 8:05am IST

Gold steady as investors await U.S. rate hike clues

Gold was trading in a narrow range on Wednesday as investors waited for clues on whether the U.S. Federal Reserve would hike interest rates this year.

Economy 9:36am IST

Asian stocks slip on profit-taking; oil falls

HONG KONG Asian stocks edged lower on Wednesday as strong U.S housing data overnight increased the chances of an interest rate increase in coming months, prompting some investors to take profits, while oil prices slipped after a surprise jump in U.S. inventories.

Economy 11:02am IST

Markets

  • Asia
  • U.S.
  • Europe
  • Sectors
Stock Search
Sensex 28,006.91 + 16.70 +0.06%
Nikkei 16,597.30 + 99.94 +0.61%
Hang Seng 22,807.10 -191.83 -0.83%
EUR/INR 75.833 -0.02%
USD/INR 67.110 +0.01%
GBP/INR 88.515 -0.05%
Gold 1,335.20 -5.40 -0.40%
Oil 47.24 -0.86 -1.79%
Corn 326.50 -2.00 -0.61%

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