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Metal stocks have outrun the market in recent trading sessions amid reviving demand in China and Europe. The BSE Metal index is up 60.8 per cent from the March 23 low of 5,336.05, while the Sensex is up 49.6 per cent from its low of 25,638.9.
Shadow banks are riding out the crisis while virus ravages IndiaThe central bank is propping up the industry, announcing some 100 billion rupees ($1.36 billion) of special liquidity last month to organizations that fund mortgage lenders and housing finance companies, and permitting banks … Read MoreSpike in consumer prices could mean no more rate cuts this fiscalEconomists believe that the monetary policy committee (MPC) of the Reserve Bank of India (RBI) may not be able to do much on rates this year even as the central bank faces a challenging task to ensure government bond yields d… Read MoreSGX Nifty down 35 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 35 points, or 0.30 per cent lower at 11,496.50 , in signs that Dalal Street was headed for a negative start on Wednesday.
from Stocks-Markets-Economic Times https://ift.tt/35Hqc… Read MoreRBI to give staff option to join pension scheme“This will be the last such option given to eligible serving/retired employee/ family members of deceased employees to switch over from CPF scheme to pension scheme and no further option will be given in future,” RBI said in … Read MoreAsian stocks cheer upbeat data but temper appetite ahead of Fed"The risk is if we see no new developments since his Jackson Hole shoutout, this could have near-term pressure on yields ticking up, gold and precious metals complex lower, dollar higher and general risk-off in U.S. equities,… Read More
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