Share market update: FMCG shares trade higher; HUL rises 3%
The Nifty FMCG index was trading 1.48 per cent up at 29730.85. – Stocks-Markets-Economic Times
Month: June 2020
Share market update: Metal shares shine; Tata Steel climbs 6%
The Nifty Metal index was trading 3.77 per cent up at 1950.65. – Stocks-Markets-Economic Times
Anand Rathi has a buy recommendation on Polycab, target price Rs 884
While challenges to growth persist in the near term, the brokerage is positive on its long-term prospects in W&C and strong growth in FMEG. – Stocks-Markets-Economic Times
China shares surge on strong factory data; securities firms shine
The blue-chip CSI300 index was up 2.7 per cent, its biggest one-day percentage gain since March 2. – Stocks-Markets-Economic Times
European shares rise in relief over Trump’s China response
The pan-European STOXX 600 index rose 1 per cent. – Stocks-Markets-Economic Times
Nikkei rallies to 3-month high as US-China worries ease for now
The Nikkei average gained 0.8 per cent to 22,062.39, its highest close unseen since Feb. 26. – Stocks-Markets-Economic Times
Australia shares end 1% higher on firm recovery bets; miners rally
The S&P/ASX 200, currently on a five-week winning run, closed 1.1 per cent higher at 5,819.20 on Monday. – Stocks-Markets-Economic Times
Buy Bata India, target price of Rs 1,600: Anand Rathi
The brokerage believes short-term growth of the company remains challenged given the current uncertain environment that has affected overall consumer behavior. – Stocks-Markets-Economic Times
Lockdown extension to have deep impact on Indian economy: Report
The estimate has been arrived at with the assumption that the lockdown will extend till mid-July and a restart of the economy will get stretched to August – The … Read More
Indian manufacturing output falls further in May, rate of job cuts accelerates: PMI
The IHS Markit India Manufacturing Purchasing Managers’ Index stood at 30.8 in May, up from 27.4 in April, pointing to another substantial decline in the health of the country’s manufacturing … Read More