Have the bulls lost their grip on Dalal Street? It seems so
It can be reasonably concluded that the intermediate top is in place for now, and a more tiring and long-lasting correction may begin from here on. – Stocks-Markets-Economic Times
Month: September 2020
Government issues multiple clarifications on BPCL stake sale
The government said it will consider the consolidated net worth of a bidder including that of its parent if a bidder has placed the bid on the basis of its … Read More
Financial advisers give women worse advice than men, study finds
A two-year academic study covering every local financial-planning firm in Hong Kong found consultants frequently pushed women into chancier investments than they recommended for men with similar risk appetite. … Read More
BPCL to offer stock options to employees
Employee Stock Purchase Scheme will post shares at one-third price for staffers. – The Hindu – Industry
Vodafone Idea To Raise Up To Rs 25,000 Crore
The plan to raise fresh capital also comes as the country’s third largest telecom operator grapples with an erosion in subscriber base due to a price war triggered by Reliance … Read More
Government Open To Raising Auto Import Duty: Piyush Goyal
The government wants companies to reduce imports, increase domestic production and play a bigger role in the global supply chain in an effort to make the country more self-reliant. … Read More
SoftBank Group Partners With Oyo In Latin America
Oyo has been forced to cut costs and rein in its expansionist strategy in global markets by reducing its hotel footprint and laying off employees. – NDTV Profit – … Read More
A week like this was a long time coming for day-trader faithful
A few days of gut-wrenching declines in Apple and Tesla were the harrowing welcome for anyone who bought in the split-induced frenzy — a reminder that stocks don’t always go … Read More
Paytm Q4 results: Losses narrow 37% to 2,597 cr
The decline in losses was largely on the back of curtailed expenditure, the company said in a statement, adding that it aimed to turn in a profit by 2022. … Read More
Liquidity, repo cuts not enough to keep market rates low: Arun Srinivasan
If inflation doesn’t ease, the RBI may be forced to take its first step on unwinding as early as February with an increase in reverse repo rate. – Stocks-Markets-Economic … Read More