WPI down 1.54 pct yr/yr on July 18 – govt

India’s wholesale price index fell 1.54 percent in the 12 months to July 18, compared with the previous week’s annual decline of 1.17 percent, government data showed on Thursday.

The fall was sharper than a median forecast of 1.46 percent fall in a Reuters poll. The annual inflation rate was 12.54 percent during the corresponding week of 2008.

The wholesale price index is more closely watched than the consumer price index, which is published monthly, because it covers a higher number of products and is released weekly. Read More…

Tata Motors Q1 net jumps 58 pct

Tata Motors Ltd, India’s largest vehicle maker, reported a 58 percent rise in net profit, defying forecasts for a halving of profit as asset sales and lower costs for inputs such as steel countered weaker sales.
Tata Motors, which owns the luxury Jaguar and Land Rover brands and recently launched the Nano, the world’s cheapest car, reported a net profit of 5.14 billion rupees ($107 million) in the quarter to June, from 3.26 billion rupees a year earlier.

A Reuters poll of 14 brokerages had forecast net profit to fall 53.6 percent to 1.5 billion rupees. Read More….

Indian shares extend losses to 1 pct

Indian shares extended their losses to 1 percent on Tuesday morning, as investors booked profits on a 13.4 percent rally over the past five sessions.

At 10:31 a.m. (0501 GMT), the 30-share BSE index .BSESN was down 1 percent at 15,037.10 points, with 24 stocks declining.

The 50-share NSE index .NSEI was down 0.9 percent at 4,464.05. Read More…

Indian stock market is a roller coaster ride

The financial market in India has always been through a lot of ups and downs. With the recent increase by 151 points in volatile trade, it has managed to gain a surge. This rise reflected a change over by various brokers and funds in the business market. With the help of this Indian stock market news, one gets to know that the buying was mainly conducted in engineering and construction sector. These kinds of news have always been of interest to people dealing in this business as it prepares them to make proper investments. In the recent news about BSE companies, 5 of them ended up losing and the remaining 25 recorded slight gains, but not much.

Any person interested in the financial news online can also check them up on various websites. The stock quotes online will enable the person to access them anytime and catch hold of latest updates on stocks. Along with this, one will also find stock recommendations companies online that will help the people in guiding through profitable ventures. All this information is essential because of the need of financial terms in the daily life. We get to deal in finances somehow or the other in everyday business.

Latest stock quotes familiarizes with ongoing economical trends

With the recent upgradation in latest stock quotes, such as 114.06 points in BSE and 45.95 points in Nifty, it seems that the dark clouds are fading away that engulfed the Indian economy. Some of the top gainers in the recent times have been India Bulls, Tata Teleservices, Unitech,  Adani Enterprises and Jai Prakash Hydro Power. The present scenario of the Indian economy says it all that the wind is blowing little favorable, if not completely. The BSE stock prices predictors have also forecasted that the condition may be getting better and the recession period might get over.

The stock prices India have always been reflective of current market situation that tends to raise a lot many questions. Along with this, it affects every facet of economy, whether it is a business house, shopkeeper or a common man. Our Indian economy was undergoing a bad phase of its life. But, now, the things have come to a satisfactory level for numerous companies. All this is an important piece of information for an investor also, as he would think about investing in a company that is reaping profits. To understand the economic terminology, one needs to have a thorough understanding of Indian business market.