US stock futures extend losses as Trump tests positive for COVID-19
Futures for the tech-heavy Nasdaq fell 1.7%. The benchmark 10-year Treasury yield fell to 0.6545%. – Stocks-Markets-Economic Times
Month: October 2020
Reliance Jio fiber trust to raise $5.4 billion from group firms
Digital Fibre Infrastructure Trust will raise about 147.1 billion rupees by issuing units and also raise 250 billion rupees through a loan from group companies to reduce existing debts and … Read More
Looking To Set Up A Fixed Deposit? Compare Top Banks’ Interest Rates Here
Most commercial banks provide slightly higher returns to senior citizens than other customers. – NDTV Profit – Latest
Reliance Buys Canadian Heavy Crude To Offset Venezuelan Decline: Report
Reliance Industries is among several companies winding down purchases from Venezuela as a result of US sanctions. – NDTV Profit – Latest
NCLT admits insolvency plea against Uttam Galva Steel Ltd
UGSL was among the companies in the Reserve Bank of India’s second list of loan defaulters and had been directed to come up with immediate corrective action. – Stocks-Markets-Economic … Read More
At Rs 95,480 Crore, September GST Collections Highest Since Lockdown
In September 2020, the tax collections from import of goods and domestic transaction were 102 per cent and 105 per cent, respectively, of the revenues from these sources during the … Read More
Mahatma Gandhi Jayanti: Domestic Financial Markets To Remain Shut Today
Market Close On Gandhi Jayanti: Trading in the markets will resume on Monday, October 5. In the four-day, holiday-truncated trading week. – NDTV Profit – Latest
Asian markets mixed in early trade, Tokyo edges up after trading outage
MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.11%. Australia’s benchmark S&P/ASX 200 index fell 0.86% as a decline in oil and copper prices weighed on the resources … Read More
Wall Street ends choppy session higher as stimulus hopes ebb and flow
“It’s all about fiscal stimulus and the ball is in Congress’ court,” said Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina. “We continue to believe they’re … Read More
Five ways the US elections could affect equity markets
Democratic nominee Joe Biden is ahead in national polls and in betting markets the former vice president is favored to win with an average 59% likelihood, according to RealClearPolitics. … Read More