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Contrary to expectations, India’s power consumption grew in double digits YoY at 11.4 per cent in the first half of this month. This signals buoyancy in industrial and commercial activities after months of subdued activity and indicates that India as an economy is in now a superior position compared with other developed countries.
Stock market news: Vodafone Idea shares gain nearly 5%A total of 5,488,066 shares changed hands on the counter till 09:23AM (IST).
from Stocks-Markets-Economic Times https://ift.tt/3jD9XAR
… Read MoreStocks in ‘euphoric land’ with Nasdaq 100 surging past 12,000Bulls’ grip on the market is tightening, emboldened by a rally that has shown no signs of abating during the fastest bear-market recovery in history. Up 7 per cent this month, the S&P 500 is poised for the best August sin… Read MoreYou think FAANG is distorting the S&P? Consider ATMAt this rate, instead of buying passive funds that track the MSCI index, investors might as well just pile into China’s version of FAANG, known locally as ATM: Alibaba Group Holding Ltd., Tencent Holdings Ltd. and food delive… Read MoreGDP fall, China worries give the Sensex an 839-point joltSensex slid 839 points or 2.13 per cent to close at 38,628.29. Nifty sank 260.10 points or 2.2 per cent to close at 11,387.50.
from Stocks-Markets-Economic Times https://ift.tt/2YRhy6K
… Read MoreAsian markets swing as focus turns to US jobs dataWhile the Nasdaq powered to yet another record as tech firms are fired by people being forced to stay at home by the virus, the Dow and S&P 500 dipped, though both enjoyed their best August in more than 30 years.
from St… Read More
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