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There has been a boom in glove demand thanks to the coronavirus pandemic, aided by a short-selling ban in Malaysia till year-end.
No smoke rings and ITC gains 6%“Barring consumer business, ITC’s cigarettes and hotel businesses are yet to recover, and it may take two-three quarters before things gets normalised,” said Pankaj Pandey, head of research, ICICI Securities.
from Stocks-Mar… Read MoreAsia shares try to rally, retail crowd catches silver bugMSCI's broadest index of Asia-Pacific shares outside Japan recouped early losses to rise 0.7%, bouncing after four straight sessions of losses.
from Stocks-Markets-Economic Times https://ift.tt/3ajePI8
… Read MoreWall Street gears up for second bout against Reddit tradersSome of Wall Street's largest hedge funds are still licking their wounds after retail traders sought to drive up the prices of stocks that were heavily bet against, resulting in large losses for major investors.
from Stocks-… Read MoreScrappage policy: Leyland, TaMo, M&M, Cummins lead auto gains“Ashok Leyland will be the biggest beneficiary, followed by M&M and Tata Motors,” said Aditya Jhawar, analyst at Investec.
from Stocks-Markets-Economic Times https://ift.tt/2NZhFdV
… Read MoreGovt unlocks banking, sets stocks free to soar higherGiven the budget’s accent on boosting infrastructure, the bets are on lenders that will play key roles in bankrolling them. HDFC Bank and ICICI Bank are top picks for D-Street.
from Stocks-Markets-Economic Times https://ift.… Read More
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