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“We remain in a bull market that started in March, and even though one should expect corrections along the way, the equity market may have more legs before it tops out,” said Morgan Stanley, in a client note.
SGX Nifty up 55 points; here's what changed for market while you were sleepingNifty50 on Tuesday tested its immediate support range at 13,450-470, before recovering and closing in the black. With this, the index formed an indecisive Doji candle on the daily chart for the fourth consecutive day.
from S… Read MoreBanks need strengthening for full monetary policy impact: RBIThe paper, co-authored by RBI monetary policy committee member Janak Raj and three others, said concerns about asset quality must be addressed and lenders' capital positions strengthened to ensure policy actions have their fu… Read MoreFed opens policy final 2020 meeting amid uncertain economyAt most, economists say officials in the policy-setting Federal Open Markets Committee (FOMC) could provide more information on potentially increasing the pace of bond purchases above the current $120 billion a month.
from S… Read MoreSsangYong Motor defaults, seeks rejig of loansSsangYong failed to repay the amount to bankers including JPMorgan Chase, BNP Paribas and Bank of America. Mahindra has put SsangYong on the block but has been unable to close a deal with any potential investor. Sources in th… Read MoreMaruti, Sun Pharma among MF favouritesThe S Naren-led ICICI Prudential Mutual Fund cut positions in ITC, Infosys, Bharti Airtel and bought into Maruti and Mahindra & Mahindra.
from Stocks-Markets-Economic Times https://ift.tt/3gTwUze
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