Wall Street selloff deepens; Dow plunges 900 pts as pandemic fears heighten
The Dow Jones Industrial Average fell 932.11 points, or 3.62%, at the open to 24,834.53. – Stocks-Markets-Economic Times
Month: February 2020
Core Industries Output Rises By 2.2% In January
On a sector-specific basis, the refinery output, which has the highest weightage of 28.03, rose by 1.9 per cent in January compared to the same month of the previous financial … Read More
IPO Will Sail Through Market Turmoil: SBI Cards
Hardayal Prasad, MD and CEO of SBI Cards, said that for qualified institutional buyers (QIBs), the subscription will close on March 4, while the issue closes on March 5. Theunder-penetrated … Read More
Coronavirus May Impact Growth Further, Say Economists
The read-out for the final quarter of 2019 matched the forecast of analysts in a Reuters poll, but was below a revised – and greatly increased – 5.1 per cent … Read More
Suzlon lenders finalise restructuring plan, ask promoters to infuse equity
Firm allowed to convert Rs 8,200-cr loans to long-term optionally converted debentures, preference shares. – Stocks-Markets-Economic Times
Nirmala Sitharaman says ‘steadiness’ in economy is a good sign
Nirmala Sitharaman made it clear that she was not expecting a jump in the number either. – The Hindu – Economy
Nirmala Sitharaman says ‘steadiness’ in economy is a good sign
Nirmala Sitharaman made it clear that she was not expecting a jump in the number either. – The Hindu – Economy
Q3 GDP growth at 4.7%: Worst is yet to come, say experts
The statistics office hasn’t considered coronavirus in their estimates, says Madan Sabnavis. – Stocks-Markets-Economic Times
Market Movers: Vedanta tanks 13%, TaMo 11%; 2,000 BSE stocks bleed
BSE flagship Sensex recorded the second worst fall in its history, plunging 1,448 points. – Stocks-Markets-Economic Times
F&O: Overall market trend under pressure; resistance levels drop
India VIX moved up sharply by 30.83% to 23.23 level. – Stocks-Markets-Economic Times