Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- Dukhan Bank launches new House Finance campaign
- Doha Bank partners with Ox Fitness Lab
- Oman targets 5,380 jobs for citizens in key sectors in 2025
- Dhofar unveils key projects to boost tourism, economy
- QSE index closes 0.28 percent higher
- QNB announces share buyback extension
- Investment in Oman's zones surges 10% to RO21bn
- Kuwait makes major oil discoveries with the help of AI and digital transformation
- Burgan Bank publishes its 6th annual Sustainability Report
- Trade tensions can lead to stock market crashes: IMF
12/02/2011 00:00 AST
The Indian market is trading subdued on Wednesday, tracking mixed Asian cues after China raised interest rates by 25 basis points late on Tuesday to rein in soaring inflation. Investors are also watching certain new developments related to the 2-G spectrum allocation scam for direction.
After falling to a low of 17,594 early in the session, the 30-share BSE Sensex has recouped all its early loss and is now posting a modest 0.10 percent gain. The 50-share Nifty is also trading off the day's low with little change. Meanwhile, second-line stocks are seeing notable weakness.
Telecom stocks are declining after the Central Bureau of Investigation said it arrested D B Realty's promoter Shahid Usman Balwa in connection with the 2G spectrum allocation scam. Bharti Airtel is declining 1.88 percent, while Reliance Communication, Idea Cellular and Tata Teleservices are losing around 4 percent each.
For more on this Click Here
RTT News
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
15/04/2025
Major geopolitical risk events, including trade tensions, can trigger large corrections in stock prices, the International Monetary Fund said in a report on Monday. That in turn can generate market v
Reuters
14/04/2025
Financial markets faced significant turbulence past week as US-China trade tensions intensified, triggering sharp moves across currencies, equities, and commodities.
The US dollar dropped st
Kuwait Times
14/04/2025
US President Donald Trump's administration granted exclusions from steep tariffs on smartphones, computers and some other electronics imported largely from China, providing a big break to tech firms
Reuters
14/04/2025
New bank loans in China rebounded more than expected in March, recovering from a sharp drop the previous month, as policymakers pledge to ramp up stimulus to buttress the world's second-largest econo
Reuters
14/04/2025
The Lebanese government has approved a draft law to reform and restructure the country's banking sector, marking a significant step toward addressing the financial crisis that has persisted since 201
Arab News
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia