US activist investors post strong gains as needling companies pays off
BOSTON: Activist investors who are shaking up Corporate America with calls for operational fixes, refreshed boards and even sales of a company are delivering their best returns in six years with double-digit gains for 2019 after big losses in 2018.

The surge in returns is energizing experienced corporate agitators as well as newcomers and may

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Stock market update: FMCG stocks mixed; United Breweries climbs 2%
NEW DELHI: Most of the FMCG stocks were trading on a mixed note in Tuesday's morning session.

Shares of United Breweries (up 1.64 per cent), Godrej Industries (up 0.56 per cent), United Spirits (up 0.36 per cent) and ITC (up 0.31 per cent) were among the top gainers.

While P-G Hygiene (down 1.22 per cent), Godrej Consumer Products (down 0.98

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ArcelorMittal sells shipping stake in drive to cut debt

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BOJ debated monetary, fiscal policy mix as cost of ultra-low rates rises
TOKYO: A few Bank of Japan board members said the central bank must work carefully with the government in dealing with the next economic downturn, minutes of the BOJ's October rate review showed on Tuesday.

The nine-member board also debated the demerits of prolonged monetary easing, with one warning that life insurers could struggle to meet

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Stock market update: Bank stocks mixed; YES Bank gains 2%
NEW DELHI: Most of the bank stocks were trading on a mixed note in Tuesday's morning session.

Shares of Yes Bank (up 2.11 per cent), IndusInd Bank (up 2.02 per cent), IDFC Bank (up 0.35 per cent) and Kotak Mahindra Bank (up 0.18 per cent) were among the top gainers.

While State Bank of India (down 0.62 per cent), HDFC Bank (down 0.52 per cent),

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The Yankees are coming! U.S. firms rush to euro debt markets
From Harley Davidson to Colgate-Palmolive, U.S. companies are flocking to borrow in euros and their record issuance is breathing life into a market where yields have been hammered by the European Central Bank's renewed stimulus push.

Offshore fundraising by U.S. firms -- dubbed the "reverse Yankee" in reference to Yankee bonds, which are sold by

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How risky ETFs won the decade - and why they might not repeat that performance
Exchange-traded funds that use leverage to offer double or triple the daily return of benchmark U.S. stock indexes rank among the 10 top-performing funds of the decade, with returns that in some cases neared 2,000%, despite warnings that they are not suitable for most investors.

The huge gains for leveraged ETFs reflect the benefits of betting on

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Dishman Carbogen slips 42% in six sessions on I-T raid
Shares of Dishman Carbogen Amcis declined for the sixth straight session on Tuesday amid reports that the Income Tax Department conducted a day-long 'search and survey operation' at the properties of the company on December 19.

A report by PTI last week stated that a total of 19 properties -- 12 residential and seven offices -- of the group,

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Pipedream? Grey market signalling below-price listing for Prince Pipes
Investors of Prince Pipes and Fittings initial public offering (IPO) may be staring at a tepid listing. Going by trends in the market for unofficial trading of unlisted stocks, Prince Pipes could end up being the last and fifth issue of Calendar 2019 to list at a discount.

The stock is expected to be listed on the bourses on December 31.

Grey

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Share market update: Nifty CPSE index advances; Indian Oil climbs 1%
NEW DELHI: The Nifty CPSE index was trading in the green zone in Tuesday's morning session.

Shares of Oil - Natural Gas Corporation (up 1.44 per cent), NLC India (up 1.24 per cent), Indian Oil Corporation (up 1.19 per cent), Coal India (up 1.06 per cent), SJVN Ltd. (up 0.61 per cent), NTPC (up 0.44 per cent), Oil India (up 0.23 per cent),

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2% looks like the new 3% for worldbenchmark rate
In the year ahead, 2 per cent is the number to watch for the world’s benchmark borrowing rate, as the past 12 months have crushed investors’ expectations for how high yields can go.

This time last year, the Street’s projections centered on the US 10-year Treasury yield rising about half a percentage point to close out 2019 at around 3.29 per cent.

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China stocks fall most in six weeks as tech shares retreat
China stocks on Monday posted their worst single-day drop in six weeks, weighed down by a correction in tech shares after a state fund announced plans to cut its stakes in some of these companies, while focus remained on the Sino-US trade deal.

The blue-chip CSI300 index fell 1.3 per cent to 3,967.10, while the Shanghai Composite Index dropped 1.4

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China c.bank to conduct 6 bln yuan bill swaps on Tuesday

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China stocks climb on stimulus hopes for smaller firms; Hong Kong closes lower
SHANGHAI: China stocks inched higher on Tuesday after Premier Li Keqiang said Beijing would consider taking more measures to lower financing costs for smaller companies.

The CSI300 index rose by 0.3 per cent, to 3,979.88, at the end of the morning session, while the Shanghai Composite Index gained 0.3 per cent, to 2,970.19.

Li said the measures

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Share market update: BSE Utilities index flat; A2Z Infra jumps 9%
NEW DELHI: The BSE Utilities index was trading flat in Monday's afternoon session.

Shares of A2Z Infra (up 8.48 per cent), Reliance Infrastructure (up 4.98 per cent), VA Tech Wabag (up 1.02 per cent), Tata Power Company (up 0.9 per cent) and Nava Bharat Ventures (up 0.66 per cent) were among the top gainers.

Alstom T-D India (up 0.65 per

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Stock market update: Metal stocks rise; National Aluminium jumps over 2%
NEW DELHI: Most of the metal stocks were tradind in the green in Tuesday's afternoon session.

Shares of National Aluminium Company (up 2.43 per cent), National Mineral Development Corp (up 0.85 per cent), JSW Steel (up 0.76 per cent), Coal India (up 0.48 per cent) and Jindal Steel - Power (up 0.44 per cent) were among the top gainers.

While

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Share market update: Nifty Energy index down; RIL slips 1%
NEW DELHI: The Nifty Energy index was trading with loses in the Tuesday's morning session.

Shares of Reliance Industries (down 0.79 per cent), GAIL (India) (down 0.7 per cent), HPCL (down 0.66 per cent) and Bharat Petroleum Corporation (down 0.48 per cent) were the top losers in the index.

While Oil - Natural Gas Corporation (up 1.36 per

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Australian shares end lower on mining, energy stocks; NZ at all-time high
Australian shares declined in thin trade on Monday as mining stocks retreated after a run of strong gains and lower oil prices weighed on the energy sector.

The S-P/ASX 200 index closed down 0.5 per cent, or 31.20 points, at 6,785.10, with volumes at their lowest level since early October. The benchmark slipped 0.3 per cent on Friday.

The

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Australian shares tick up on gold stocks; NZ at record high
Aussie gold index jumps 2.7 per cent to over 2-week closing high

NZ shares advance for the sixth session in a row

Australia, NZ markets closed on Wednesday and Thursday (Updates to close)

Gold and healthcare stocks helped Australian shares eke out small gains on Tuesday in thin pre-Christmas trade, while New Zealand equities closed at an all-time

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China's benchmark 7-day repo rate plunges to lowest since April 2010

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Japan shares nudge higher on boost from healthcare sector
TOKYO: Japanese stocks rose slightly on Monday as the early approval of a cancer drug and an improved earnings outlook boosted the healthcare sector in thin trade ahead of the Christmas and New Year holidays.

Shares in the consumer staples sector also rose due to hope of a pick-up in spending during the year-end shopping season.

The Nikkei index

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Share market update: Nifty Commodities index flat; ONGC gains 1%
NEW DELHI: The Nifty Commodities index was trading flat on a mixed note in Tuesday's morning session.

Shares of National Aluminium Company (up 2.67 per cent), Oil - Natural Gas Corporation (up 1.2 per cent), Indian Oil Corporation (up 0.91 per cent), National Mineral Development Corp (up 0.89 per cent), NHPC (up 0.84 per cent), JSW Steel (up

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US stocks face 50% odds of correction in 2020: Vanguard
US stocks face a greater than-usual risk of a sell-off next year, with investors overconfident in an economic resurgence, according to Vanguard Group Inc.’s investment-strategy chief.

“Financial markets run the risk of getting ahead of themselves,” Joseph Davis, who also serves as Vanguard’s chief economist, said in an interview Friday. He sees 50

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The biggest winners of Calendar 2018 all remained under pressure in Calendar 2019 despite the record-setting spree of equity benchmarks Sensex and Nifty.

Over 75 per cent of last year’s multibaggers destroyed wealth this calendar. Thirty-four stocks that had delivered manifold returns last year fizzled out in 2019.

Just like 2019, Calendar 2018

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Stock market update: IT stocks slump; HCL Tech slides 2%
NEW DELHI: IT stocks were in the red in Tuesday's afternoon trade.

Shares of HCL Technologies (down 1.77 per cent), Tata Elxsi (down 1.62 per cent), Mindtree (down 1.13 per cent) and Tech Mahindra (down 0.83 per cent) were the top losers.

Infosys (down 0.82 per cent), Wipro (down 0.77 per cent), Hexaware Technologies (down 0.52 per cent) and Tata

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Share market update: BSE Utilities index rises; RInfra gains 5%
NEW DELHI: The BSE Utilities index was trading with gains in the Tuesday's morning session.

Shares of Reliance Infrastructure (up 4.95 per cent), Orient Green Power Company (up 4.76 per cent), RTN Infra (up 4.55 per cent), Alstom T-D India (up 3.26 per cent), VA Tech Wabag (up 1.93 per cent), NLC India (up 1.53 per cent), Jaiprakash Power

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Share market update: Defence stocks mixed; Bharat Electronics up 1%

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Sometimes, low-level buying without proper research can lead to further wealth destruction in the equity market. This is the biggest lesson Dalal Street taught you in Calendar 2019.

Take this: Some 127 stocks eroded up to 95 per cent of investors’ wealth in 2018, and most of these again retreated up to 75 per cent this year as well.

Buying in

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Repo is Wall Street's big year-end worry. Why?
The $2.2 trillion repurchase agreement market - part of the inner workings of the U.S. financial system - is facing what could be another strain as the year comes to a close. That could have wider implications than just Wall Street.

WHAT IS THE WORRY OVER REPO?

The repo market came under stress in September as demand for funds to settle Treasury

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YES Bank cracks 5% after excluded from Sensex

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