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The S&P 500 was about 1% below its record closing high from Sept. 2, nearly recovering from most of a 9% pullback last month.
Analysts raise targets on USL post Q4 showEmkay said that ongoing lockdowns could impact the company in the ongoing financial year but overall performance offers comfort on growth and valuation at 35 times FY23 estimated earnings per share is relatively attractive.
… Read MoreNifty could touch 16,400 by Sept: ICICIdirectThe brokerage said any dips in the market should be used to accumulate quality large-caps and midcaps. Broader market outperformance is likely to accelerate with small-caps catching up, the brokerage said.
from Stocks-Market… Read MoreFed policymakers edge closer to opening debate around taperFed policymakers have promised to give markets plenty of notice before changing policy, to avoid a repeat of the "taper tantrum" spike in bond yields after former Fed Chair Ben Bernanke surprised markets by flagging a reducti… Read MoreLenders say no to promoters’ bid for Jaypee InfratechMoreover, home buyers who constitute a majority of the debt are unlikely to support a bid from the very builder which delayed the construction in the first place people familiar with the negotiations said. This offer is too l… Read MoreStocks that are likely to bounce on the lifting of Covid curbsAviation, hotels, multiplexes, city gas and liquor stocks could be the biggest gainers
from Stocks-Markets-Economic Times https://ift.tt/3yHJPx4
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