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The broadly upbeat mood came after Wall Street hit record highs on Thursday while bond prices fell as markets bet a new Democrat-controlled government would lead to heavy spending and borrowing to support the U.S. economic recovery.
Stock in the news: Maruti Suzuki, SBI Cards, Marico and Panacea Biotec JSPL on Monday reported a 34.41 per cent rise in its output, and the sales grew 37.41 per cent during the quarter ended March 31.
from Stocks-Markets-Economic Times https://ift.tt/3fH4quc
… Read MoreSGX Nifty down 10 points; here's what changed for market while you were sleepingAsian equities are poised to rise on Tuesday after the S&P 500 and Dow indexes set records as a streak of strong U.S. economic data fueled optimism even as a smaller-than-expected climb in 10-year Treasury notes eased inf… Read MoreNabard plans to raise Rs 4 lakh cr to refinance loansNabard would tap the market through a variety of permissible instruments throughout the year. "The timing and the frequency of approaching the market would depend on our need and the prevailing market conditions" said G R Chi… Read MoreWhat's coming from RBI: Inflation forecast cut, dovish rate stanceThe accommodative stance is expected to be buttressed by long-term repos and the purchase of government bonds from banks. Adding to the dovishness in the RBI’s stance would be a likely reduction in inflation forecast.
from S… Read MoreTraders bet on 800 point move in Bank Nifty on MPC outcomeThe traders will benefit only if the Bank Nifty moves in excess of 824 points above or below Tuesday’s spot closing near 32,500. That is it must break out of a 31,676-33,324 range on either side. This is called market or delt… Read More
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