Nasdaq opens higher as tech stocks rebound after Thursday’s rout
The Dow Jones Industrial Average fell 120.7 points at the open to 31,281.20. – Stocks-Markets-Economic Times
Month: February 2021
Agriculture, Industrial Sectors Accelerate As India Posts 0.4% Quarterly Growth
The agriculture and industrial sectors witnessed growth in the October-December quarter of the current fiscal, while the contact intensive services sectors registered de-growth – NDTV Profit – Latest
NSE says failure of online risk management system led to the trading halt on Wednesday
NSE said that it is awaiting the detailed root cause analysis of its system’s failure on Wednesday from its vendors. – Stocks-Markets-Economic Times
ABB Power Products and Systems Dec qtr results: Net profit rises 55% to Rs 55 cr
Total revenue of the firm rose to Rs 1,043.7 crore in the quarter from Rs 1,129.2 in the same period a year ago, it stated. – Stocks-Markets-Economic Times
PFC board okays Rs 1 lakh cr borrowing plan for FY22
The amount will be borrowed in one or more tranches in financial year (FY) 2021-22, PFC said in a BSE filing. – Stocks-Markets-Economic Times
Experts See K-Shaped Recovery As GDP Grows By 0.4% In December Quarter
The economy exited recession after two consecutive quarters of contraction as the gross domestic product growth expanded by 0.4 per cent in the October-December quarter – NDTV Profit – … Read More
SBI Readies Mutual Fund Venture For IPO
SBI plans to ask investment banks for proposals after discussions with its board and shareholder Paris-based Amundi Asset Management – NDTV Profit – Latest
Infrastructure Output Of Core Sectors Up 0.1% In January 2021
Infrastructure Output in January 2021: Coal, crude oil, natural gas, refinery products, as well as cement registered negative growth during the month, according to the Ministry of Commerce – … Read More
India’s GDP Grows At 0.4% After Two Quarterly Declines
The GDP had contracted by a massive 23.9 per cent in the June quarter amid the pandemic-led nationwide lockdown and by 7.5 per cent during the September quarter – … Read More
Market Movers: PSU banks sink on rising bond yields; 45 stocks give sell signal
The volatility in the market was sharply higher as reflected in the fear gauge India VIX surging 23 per cent, the most since December 21. – Stocks-Markets-Economic Times