Financial Markets To Remain Shut On Thursday For Ram Navami
Ram Navami (April 2) Market Holiday: The equity, currency and commodity markets will also remain shut on three more days this month, on account of Mahavir Jayanti on April 6, … Read More
Month: April 2020
Tata Steel Cuts Production In India On Coronavirus Hit
Tata Steel has begun scaling down production at facilities in four major cities, including at its flagship plant in Jamshedpur. – NDTV Profit – Latest
Coal India’s Annual Output Falls For First Time In Two Decades
The world’s largest coal miner produced 602.1 million tonnes of coal during the fiscal year ended March 2020, compared with 606.9 million tonnes in 2018/19. – NDTV Profit – … Read More
Private lenders sell CDs as RBI injects liquidity
CD rates have fallen up to 275 bps since Friday after the RBI announced liquidity injection of Rs 3.74 lakh crore into the system in an unscheduled bi-monthly policy announcement. … Read More
Asian stocks slip as Trump warns of horrors to come
Markets in Hong Kong, Sydney, Shanghai and Seoul fell, though futures for the S&P 500 bounced following Wall Street’s 4 per cent plunge overnight. – Stocks-Markets-Economic Times
Small savings rate cuts make banking & PSU debt funds attractive
These funds could give investors 6.5-7.5%, helping them earn 50-150 bps higher. – Stocks-Markets-Economic Times
Analyst Calls: RIL, UPL, Bajaj Finance, Titan
Motilal Oswal has maintained buy rating on Varun Beverages and raised target price to Rs 766 from Rs 750. – Stocks-Markets-Economic Times
Wall Street dives 4% as virus pandemic fears intensify
Wall Street’s three major indexes fell more than 4% on Wednesday, after President Donald Trump’s dire warning on the U.S. death toll from the coronavirus sent investors running from even … Read More
GSKCH, HUL merger process completed
HUL board okays Horlicks brand buy – The Hindu – Industry
Covid-19 fallout: After PMS, IndiaNivesh shuts down broking business as well
The broking firm said it has managed to fulfill its settlement obligations during this period. – Stocks-Markets-Economic Times