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In the past 10 years, 60 per cent of the performance leaders of the first nine months have become underperformers in the last quarter of the calendar year and laggards become outperformers, the brokerage said. IT and pharma stocks have been outperformers so far in 2020.
Sensex up 68% in FY21, highest rise in 10 yearsA global pandemic notwithstanding, Dalal Street set several records during the financial year that ended on March 31, including a record rally beyond 52,500 points for the sensex, market capitalisation that neared the $3 tril… Read MoreGovt slashes rates on small savings by up to 110 basis pts The government has slashed interest rates on small savings schemes, such as post office deposits and public provident fund, by up to 110 basis points, dealing a fresh blow to savers seeking safety.
from Stocks-Markets-Econo… Read MoreBillionaire John Malone gets $353 million boost after Archegos-fueled dropDiscovery Inc.’s class B shares soared in the aftermath of the stock selloff by Archegos Capital Management.
from Stocks-Markets-Economic Times https://ift.tt/3wj9LO4
… Read MoreStocks in the news: NIIT, RIL, UCO Bank, Adani Enterprises, BPCL, Axis Bank and VedantaThe government has cut price of natural gas by 11 per cent to $3.62 per mmBtu for difficult fields like the one operated by Reliance-BP.
from Stocks-Markets-Economic Times https://ift.tt/3uaVa5p
… Read MoreHDFC raises FD rates upto 25 bpsFrom March 30, fixed deposits of 33-month duration will fetch 6.2% annualised returns. For 66-month deposits, the rate would be 6.6% and 6.65% for 99-month deposits. Senior citizens would get 25 basis points more. Distributor… Read More
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