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At 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.
Nifty could surge another 5% if it tops 11,000Technical analysts believe the Nifty is poised to move up by 2-5 per cent immediately after it manages to cross 11,000. Traders should, however, stay away from aggressive bets as the market looks overbought with the index gai… Read MoreAsian shares defensive; eyes on EU summit, U.S. stimulus talksInvestor focus is squarely on a European Union Summit where leaders are haggling over a plan to revive economies throttled by the COVID-19 pandemic.
from Stocks-Markets-Economic Times https://ift.tt/2WBzFN4
… Read MoreStocks in the news: HDFC Bank, Vodafone Idea, Future Retail, YES Bank, SBI Card and Cadila HealthcareACC, Bombay Dyeing, SBI Card, Syngene and Den Networks are scheduled to announce their June quarter earnings on Monday.
from Stocks-Markets-Economic Times https://ift.tt/32Bl2x2
… Read MoreInfosys' Vanguard deal value pegged at $1.5 billionThe mammoth deal explains a good part of the surge in the company’s share price on Wednesday and Thursday last week, and the confidence the company had in reinstating its revenue guidance for the year.
from Stocks-Markets-Ec… Read MoreBrokerages bullish on HCL Tech as June quarter net beats estimatesNet profit fell 7.3 per cent sequentially to Rs 2,925 crore during the quarter. It was up 32 per cent year-on-year. The company also resumed the practice of providing annual guidance. Analysts expect the stock to react positi… Read More
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