Welsh Chief Urges UK Government To Rescue Tata Steel’s Local Unit
Mr Drakeford said the Welsh government had been in talks with Tata Steel and it was clear the Port Talbot site, the UK’s largest steelworks, is important to all parties. … Read More
Month: April 2020
Moody’s Lowers India GDP Growth Projection Amid COVID-19: 10 Points
Credit ratings major Moody’s on Tuesday cut its forecast for GDP or gross domestic product expansion in India on account of the economy fallout from the coronavirus (COVID-19) pandemic, which … Read More
SGX Nifty trades 20 points higher; here’s what changed for market while you were sleeping
Nifty futures on the Singapore Exchange traded 19.25 points or 0.20 per cent lower at 9,435.50, indicating a positive start for Dalal Street. – Stocks-Markets-Economic Times
Saudi Arabia’s reserves plunge the most in at least two decades
The drop of more than 100 billion riyals ($27 billion) brought the stockpile to $464 billion, the lowest since 2011, according to data compiled by Bloomberg. – Stocks-Markets-Economic Times
Axis Bank posts a surprise Q4 loss of Rs 1,388 crore
A consensus estimate of analysts tracked by Bloomberg had pegged the profit at Rs 1,478 crore. – Stocks-Markets-Economic Times
Buy Canara Bank, target price Rs 94: Suruchi Kapoor
The analyst suggested a stoploss at Rs 80.5 . – Stocks-Markets-Economic Times
FY21 to be tough for IndusInd: Brokerages
IndusInd’s earnings in FY21 will be depressed by high credit costs and a weaker topline; we expect a recovery from FY22, said Jefferies. – Stocks-Markets-Economic Times
A decade with SIPs: Most funds return less than 10% annually
The stock market fall of the past two months has bitten off a chunk of the returns. – Stocks-Markets-Economic Times
Rights issue could make RIL net-debt free by March 2021
RIL had announced last year plans to become a zero-net-debt company by March 2021. – Stocks-Markets-Economic Times
Analyst Calls: Supreme Industries, Hindalco Industries
Kotak Institutional Equities has maintained buy rating on Hindalco Industries with a target price of Rs 225. – Stocks-Markets-Economic Times