Jim Rogers expects ‘worst bear market in my lifetime’ in coming years
Rogers says the flight to quality is a “tried and true” function of markets in distress. – Stocks-Markets-Economic Times
Month: April 2020
Buzzing stocks: Vodafone Idea, YES Bank, RIL, IndusInd Bank
RIL (Rs 643.74 crore) was leading the pack of most active stocks in value terms. – Stocks-Markets-Economic Times
Buy UPL, target price Rs 490: Haitong
Haitong expects UPL’s revenue to grow 6.3-8.2 per cent and adjusted PAT to rise 17.3-22 per cent over FY21-22. – Stocks-Markets-Economic Times
Sensex Slumps 700 Points, Nifty Breaks 8,400 As Financial Stocks Drag
At 10.28 am, the Sensex was at 28,687, weaker by 780 points or 2.5 per cent and the Nifty was at 8,380, down 212 points or 2.5 per cent. … Read More
Coronavirus Lockdown May Hurt Government’s Plan to Sell Record Bonds
The government on Tuesday said it will sell Rs 4.88 lakh crore ($64.5 billion) of bonds in the six months to September. While the number is less than what the … Read More
Businesses, banks and government need to move in harmony
The fiscal and monetary policy should be so devised that it is fair to all the three players – businesses, bank and the government. – Stocks-Markets-Economic Times
Sensex drops 600 points, Nifty below 8,500 on growth worries
IndusInd Bank saw low level buying after a 15 per cent fall in the previous session. – Stocks-Markets-Economic Times
Buy JK Cement, target price Rs 1,600: Ambit
Over FY20-22E, the brokerage expects 21 per cent CAGR in grey EBITDA and 8 per cent CAGR in white EBITDA driven by putty expansion. – Stocks-Markets-Economic Times
Oil’s Unparalleled Demand Crash Likely To Be Gamechanger For Industry
Goldman sees around 20 million barrels a day flowing into storage in April, while IHS Markit expects the world will run out of space to store oil by the middle … Read More
Slides of March make FY20 worst year since 2009
PSU banks worst hit, followed by media, metal and auto sectors. – Stocks-Markets-Economic Times