Financial Tech crash, EMI tips & Shankar Sharma's mantras on ET

THE ECONOMIC TIMES Thu, Aug 01, 2013 | 05:08 PM IST Daily Newsletter

Financial Technologies wipes out over 64% of investors wealth Shares of Financial Technologies plunged over 66% in trade on Thursday to mark its biggest intra-day fall since its l... India has done an excellent job, above 5% growth terrific: Shankar Sharma Shankar Sharma does not see an economic recovery in the second half of the year. The world is sitting on a growth cli... HDFC Bank, Axis Bank raise fixed deposit rates by up to 4% Country's second largest private sector lender HDFC Bank has raised fixed deposit rates by 1 per cent for maturities ... Goldman Sachs downgrades Indian markets to 'underweight' Goldman Sachs forecast for rupee remains at 60 for the year but expect continued weakness to 65 through 2016....

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The world is sitting on a growth cliff. Over the next 12-24 months, you will see the world fall off that cliff.... Shankar Sharma ,Global Trading Strategist,First Global

Latest Updates Global investment banks slash Nifty, Sensex FY14-end targets Faltering growth and weakness in domestic currency have prompted them to reduce their target prices for both Nifty an... More downside seen in Financial Technologies: Analysts Shares of Financial Technologies plunged over 66% in trade on Thursday to mark its biggest intra-day fall since its l... Financial inclusion is not charity: KC Chakrabarty Chakrabarty has said banks cannot do financial inclusion as "charity" but only as a viable business model and for lon... Consumer inflation due to cyclical problems: RBI Annual consumer price inflation picked up in June to 9.87 per cent, after slowing for three straight months....

Market Watch 1 Aug | 05:08PM SENSEX 19317.19 â†" -28.51 NIFTY 5727.85 â†" -14.15 USD/INR 60.64 â†" -0.11 GOLD (Rs/10g.) 28275.00 â†' 68.00

MARKET NEWS Global investment banks slash Nifty, Sensex FY14-end targets Faltering growth and weakness in domestic currency have prompted them to reduce their target prices for both Nifty an... Sebi begins probe into FTIL, MCX stock crash Sebi has begun a probe into a major crash in the shares of MCX and its promoter Financial Technologies and has sought...

Gainers Losers 1 Aug, 2013, 05:08PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Radaan Mediaworks (I) Ltd. 0.90 20.00 1620 0.90 0.77 Kalyani Investment Company Ltd. 300.80 19.98 5152 300.80 250.00 Nelco Ltd. 34.25 19.96 28339 34.25 27.55

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FROM THE NEWSPAPER The two faces of Narendra Modi’s developmental model Gujarat’s approach to inclusive development has had an avalanche of votaries and critics among renowned academics in ... Companies defer expat hiring & turn to Indians with global experience With the rupee's rout pushing up the cost of hiring expatriates, companies are issuing mandates to get Indians on boa... Rupee volatility: Government readies for a fight abroad International banks, MNCs, hedge funds & business houses bet on the rupee in S'pore, London & New York to make a cho... Middle class hopes dashed, no cheaper loans Hopes of cheaper home and auto loans have been snuffed out, leaving thousands of households at the mercy of market fo... More voters will gravitate towards BJP: Rajnath Singh On the demands for statehood, we want a states reorganisation commission to be set up says BJP party president....

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