Nomura expects ICICI Bank, Axis Bank to get re-rated
Raising target price on ICICI Bank by 8.5% to Rs 700 and on Axis Bank by 10.5% to Rs 1050, Nomura said both the lenders remain its top sector picks. … Read More
Month: January 2020
Sebi tweaks rating withdrawal norms for CRAs
Sebi said at the time of withdrawal, the CRA should assign a rating to such instrument and issue a press release mentioning the reason for withdrawal of rating. – … Read More
Fed’s Evans: U.S. economy looks good for GDP growth of 2% to 2.25% for 2020 – CNBC
The fundamentals of the U.S. economy are “good” at the moment and the labor market remains strong with the economy set for a gross domestic product growth rate of 2% … Read More
Wall Street slips from record highs after U.S. kills top Iranian commander
Wall Street’s major indexes fell from record highs on Friday after a U.S. air strike in Iraq killed a top Iranian commander, sharply escalating geopolitical tensions in the Middle East … Read More
Oil, safe haven bonds surge on U.S. strikes
Oil prices jumped nearly $3 a barrel and gold, the yen and safe-haven bonds all rallied on Friday, after the U.S. killing of Iran’s top military comma – The … Read More
SBI Invites Bids To Sell 1% Stake in NSE
“SBI is one of the shareholders of National Stock Exchange of India Ltd (NSEIL) and intends to divest up to 1.0101 per cent (50,00,000 equity shares) of its equity shareholding … Read More
GST compensation payment delay raised
MPs’ panel chief puts off discussion – The Hindu – Economy
GST compensation payment delay raised
MPs’ panel chief puts off discussion – The Hindu – Economy
Musk defies skeptics, meets Tesla delivery goal; shares hit record
Tesla Inc beat Wall Street estimates for annual vehicle deliveries and met the low-end of its own target, sending shares to a record high in a vindication for Chief Executive … Read More
December U.S. factory activity the weakest in a decade – ISM
The U.S. manufacturing sector contracted in December by the most in more than a decade with order volumes crashing to near an 11-year low and factory employment falling for a … Read More