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The recent firming up of food prices, cooking gas and rising petrol prices are expected to push CPI-consumer price index (CPI) inflation up to 4.85% in February from 4.1% in January, according toa report by BoA Securities.
Asian stocks hit record peak as vaccine hopes dampen virus fearsMSCI's broadest index of Asia-Pacific shares outside Japan gained 1 per cent to hit its highest since its launch in 1987 with markets across the region making milestone peaks.
from Stocks-Markets-Economic Times https://ift.t… Read MoreTesla to join S&P 500, spark epic index fund tradeS&P Dow Jones Indices announced that the company would join the S&P 500 index prior to the opening of trading on Dec. 21, potentially in two tranches making it easier for investment funds to digest.
from Stocks-Marke… Read MoreNifty likely to find support at 12,500, say analystsAnalysts said the market optimism that came on the back of clarity on US Presidential election winner and announcement of development of Covid-19 vaccine is likely to help the market continue its march upwards uninterrupted.
… Read MoreIndia’s record highs spark talk of further upsideMorgan Stanley, Goldman Sachs Group Inc. and JPMorgan Asset Management are among a number of prominent names talking up prospects for the country’s shares in recent days. India traders marked Diwali, the Hindu festival of lig… Read MoreMeasures like tax relief may not be of much help to realtors, say industry bodiesIndustry lobby groups Naredco and Credai said a one-time loan restructuring and a simpler process to avail of last-mile funding would help revive the sector rather than the tax exemption in the latest relief package.
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