China stocks end higher as stimulus hopes offset Sino-US worries
At the close, the Shanghai Composite index was up 0.22% at 2,852.35, while the blue-chip CSI300 index was up 0.27%. – Stocks-Markets-Economic Times
Month: May 2020
Nikkei dented by US-China tensions, but scores best month since 2015
The benchmark Nikkei average fell 0.18% to 21,877.89, but the index gained 8.3% for May, its biggest monthly gain since October 2015, thanks to optimism around economies worldwide reopening from … Read More
Buy Federal Bank, target price Rs 54: Emkay Global
The brokerage has cut its estimates for FY21/FY22 by 32/33 per cent, factoring in lower growth/fees and higher LLP. – Stocks-Markets-Economic Times
Buy Quess Corp, target price Rs 360: Motilal Oswal
The brokerage has welcomed corrective steps being taken by the new management toward addressing some of the investor concerns around governance. – Stocks-Markets-Economic Times
Google Considers 5% Stake In Struggling Vodafone Idea: Report
Vodafone Idea is struggling following a $4 billion demand for back fees in addition to more than $14 billion of debt – NDTV Profit – Latest
Economy Seen Slowing Rapidly In March Quarter, With Worse To Come
Median forecast from a Reuters poll of economists put annual economic growth at 2.1% in the March quarter, lower than 4.7% in the December quarter. – NDTV Profit – … Read More
No takers for Covid-19-hit stocks in recent rally even at dirt cheap prices
Data showed three of every five BSE500 stocks have underperformed the index since March 24. – Stocks-Markets-Economic Times
Share market update: IT shares mixed; Wipro jumps 5%
The Nifty IT index was trading 0.23 per cent down at 13995.65. – Stocks-Markets-Economic Times
Share market update: Realty shares up; Oberoi Realty rises over 3%
The Nifty Realty index was trading 2.08 per cent up at 176.3. – Stocks-Markets-Economic Times
Buy Federal Bank, target price Rs 65: Motilal Oswal
The brokerage cut its FY21E estimates sharply by 19% as it factored in the higher credit cost and slight moderation in business growth while maintaining the FY22E projections – … Read More