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Risk Warning

Forex and CFDs are leveraged products that incur a high level of risk and a small adverse market movement may expose the client to lose more than the entire invested capital. The possibility exists that you could sustain a loss in excess of your deposited funds even if a stop loss is used and therefore, you should not speculate with capital that you cannot afford to lose and be aware of trading risks. CFI Group provides general information that does not take into account your objectives, financial situation or needs. The content of this website must not be interpreted as personal advice. Please ensure that you understand the risks involved and seek independent advice if necessary. This website is not directed to citizens and/or residents of certain countries as decided by CFI Group based on its policies. Clients with intention to approach Credit Financier Invest (CFI) Ltd (Larnaca) are subject to an additional risk disclaimer in accordance with the regulatory and MiFID II requirements. Clients must carefully consider and understand the substantial risks under their full responsibility and are able to bear such extra risk and with stand any loss incurred before entering with any agreement, please read carefully here.

Markets News

Welspun Corporation's profit declines 15%
Posted on Monday July 23, 2018

Net profit declined 15% at Rs 43.70 crore while revenue from operations increased by 26% at Rs 1,949 crore.


D-Street investors richer by Rs 1.29 lakh crore as Sensex scales new peak
Posted on Monday July 23, 2018

Among the 30-Sensex constituents, 21 ended with gains led by Vedanta, Adani Ports, ITC and Bharti Airtel.


Rupee loses grip on dollar pressure, ends 2 paise down at 68.86
Posted on Monday July 23, 2018

The Indian rupee had hit its life-time low of 69.13 a dollar last Friday.


ReNew Power gets Sebi go-ahead for IPO
Posted on Monday July 23, 2018

The company's IPO comprises fresh issue of shares worth Rs 2,600 crore.


Bonds decline, call rates finish higher
Posted on Monday July 23, 2018

The 7.17 per cent 10-year benchmark bond maturing in 2028 dropped to Rs 95.77 from Rs 95.92.


Citibank India FY18 net profit at Rs 3,403 crore
Posted on Monday July 23, 2018

The bank had registered a net profit of Rs 3,626 crore in the preceding year.


Hindustan Zinc Q1 net rises to Rs 1,918 crore
Posted on Monday July 23, 2018

The company had posted a net profit of Rs 1,889 crore in the year-ago period.


Trade setup: Nifty to inch higher with some minor consolidation
Posted on Monday July 23, 2018

Tuesday is expected to see levels of 11,115 & 11,175 playing out as immediate resistance area.


Bullish bets on crude oil cool as volatility refuses to die down
Posted on Monday July 23, 2018

Lower-than-expected August oil exports from Saudi Arabia will likely support the market.


Commodity outlook: Gold may see short-term pullback; buy aluminium on dips
Posted on Monday July 23, 2018

Short-term pullback in gold is likely to continue as long as Rs 29,730 level is held.


New York Daily News cuts half of its staff
Posted on Monday July 23, 2018

The new editor in chief is Robert York, currently the editor and publisher of The Morning Call, a Tronc-owned daily newspaper in Allentown, Pa., reports The New York Times.


Leon Cooperman closes hedge fund for family office
Posted on Monday July 23, 2018

Leon Cooperman is closing his hedge fund, Omega Advisors, and converting it into a family office because he does not want to spend the rest of his life“ chasing the S&P 500”. Omega’ s Credit Opportunities Fund will continue under a different name with the same portfolio managers, Sam Martini and Eric Schneider, while Rebecca Pacholder, another Omega portfolio...


Stocks making the biggest moves premarket: HAS, HAL, CALM, FCAU & more
Posted on Monday July 23, 2018

Names on the move ahead of the open.


Amid earnings and increased regulatory scrutiny, which will be the last FAANG standing?
Posted on Monday July 23, 2018

Regulatory scrutiny and quarterly results are among the factors in the mix for those watching FAANG stocks.


Pop-ups feed social media obsession, turning almost everything into an Instagram-worthy experience
Posted on Sunday July 22, 2018

Instagram-able pop-up museums help make founders and investors millions.


Fiat Chrysler replaces CEO Marchionne amid health struggles, ending impressive near 10-year run
Posted on Saturday July 21, 2018

Sergio Marchionne, the maverick auto executive who created and oversaw nearly a decade of growth at Fiat Chrysler, has been replaced as CEO of the automaker amid ongoing health struggles.


Korea's Genesis tops auto ratings, but is unknown to US buyers. Here's how it plans to change that
Posted on Saturday July 21, 2018

Genesis vehicles have been widely praised, but dealer troubles and a lack of awareness are big challenges. 


The bizarre tale of how America almost destroyed the comic book industry
Posted on Saturday July 21, 2018

In the 1950s, a moral panic swept across America and turned comic books into a social menace. Laws were passed. Careers were ruined. And comics fell under a strict censorship regime for decades to come.


Lower drug prices is a political move that makes both Trump and drug companies 'look good,' says analyst
Posted on Friday July 20, 2018

Lower drug prices is a political move that makes Trump and drug companies "look good" before the upcoming midterm elections, says Wall Street analyst. 


Mark Wahlberg – yes, that Mark Wahlberg – is buying a Chevy dealership in Columbus, Ohio
Posted on Friday July 20, 2018

Actor Mark Wahlberg has dabbled in everything from burgers to bottled water. Now he's buying a Chevy dealership in Ohio, Columbus Business First reports.


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