Sensex, Nifty Continue To Rise After A Day’s Halt
Data after market hours on Monday showed the country’s economy contracted 23.9 per cent in the June quarter, much worse than estimates, and pointing to a longer-than-expected recovery. – … Read More
Month: September 2020
Rupee Appreciates To 72.87 Against US Dollar
Forex traders said the domestic unit gathered momentum after the Reserve Bank of India announced various steps to ease pressure on liquidity. – NDTV Profit – Latest
Warren Buffett’s 1977 letter hints at why he likes Japan trading houses
While Buffett has offered few details on what attracted him to names like Itochu Corp. and Mitsui & Co., investors could do worse than look back to his 1977 letter … Read More
Stock market update: Consumer Durables stocks rise; VIP Ind jumps 4%
The BSE Consumer Durables index was trading 0.7 per cent up at 22916.93. – Stocks-Markets-Economic Times
A step-by-step guide to deal with Sebi’s new margin rule
The new rules, postponed twice in the past, came into effect after Sebi rejected a request from the industry to give a further extension. Many analysts said the new rules … Read More
Why Buffett’s bet on Japan could turn on higher inflation, weakening dollar
Berkshire said late Sunday, on Buffett’s 90th birthday, it owned just over 5% of each of Itochu Corp, Marubeni Corp, Mitsubishi Corp, Mitsui & Co Ltd and Sumitomo Corp, and … Read More
Stock market update: BSE Power index climbs 2%; Adani Green leaps 8%
The index was trading 2.22 per cent up at 1707.01. – Stocks-Markets-Economic Times
Power Output Falls For Sixth Straight Month In August
Power use during the second half of August in states such as Maharashtra and Gujarat declined by about 15 per cent each – NDTV Profit – Latest
Does SC verdict mean the end of Voda Idea? Here’s what experts say
Market experts think the ruling will certainly put pressure on beleaguered Vodafone Idea which owes more than Rs 50,000 crore in AGR-related dues. – Stocks-Markets-Economic Times
Cyclicals lead the way in India earnings beat
With results now in for the vast majority of companies in the S&P BSE 200 Index, energy, technology and materials firms have led the way in this “better than expected” … Read More