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Cyclical sectors are driving the incremental earnings upgrades as the government boosts focus on fiscal expansion and capex spending, which augurs well for the much-awaited revival in the investment cycle.
MCX system to allow negative price bids from July 27The upgraded system follows the settlement of the generic crude contract at negative price months ago, which resulted in members long the commodity, taking the exchange to court.
from Stocks-Markets-Economic Times https://if… Read MoreFormer Wall Street trader seeks to make sense of crypto worldStablecoins -- or tokens pegged to other assets that are designed to be less volatile -- have seen an increase in usage in certain corners of the market.
from Stocks-Markets-Economic Times https://ift.tt/397P9NN
… Read MoreFiscal cliffs threaten fragile US recovery: Economy week aheadHouse Democrats have already approved a $3.5 trillion bill, while the White House has said the final package shouldn’t exceed $1 trillion -- a sign of how far apart policy makers are.
from Stocks-Markets-Economic Times https… Read MoreA 1000% rally has glove maker stock mania outpacing even TeslaThere has been a boom in glove demand thanks to the coronavirus pandemic, aided by a short-selling ban in Malaysia till year-end.
from Stocks-Markets-Economic Times https://ift.tt/32AU8Fk
… Read MoreMarkets jump to a four-month high on surge in oil & gas stocksThe Nifty gained 161.75 points to close at 10,901.70. The Sensex rose 548.46 points to close at 37,020.14. Both indices closed at the highest level since March 6.
from Stocks-Markets-Economic Times https://ift.tt/3eDJy2L
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