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Analysts believe cyclicals like cement are likely to do well as economy attempts to come out of the Covid-inflicted damage, while pharmaceutical stocks will return to favour whenever uncertainty heightens.
Jeff Bezos reclaims title of world’s richest after Elon Musk slipsTesla Inc. shares slid 2.4% on Tuesday, erasing $4.6 billion from its chief executive officer’s fortune and knocking him from the top spot on the Bloomberg Billionaires Index ranking.
from Stocks-Markets-Economic Times https… Read MoreUS FDA finds quality control, equipment issues at Alembic Pharma unitEarlier this month, the US drug regulator had issued a ‘Form 483’ to the facility of the drug company with five observations.
from Stocks-Markets-Economic Times https://ift.tt/3pw166z
… Read MoreKKR India NBFC, InCred set for all-stock mergerKKR will end up owning 33-35% of the entity that will emerge from the merger of KKR India Financial Services and InCred, while InCred and its promoters will own the rest.
from Stocks-Markets-Economic Times https://ift.tt/37o… Read MoreSGX Nifty down 100 points; here's what changed for market while you were sleepingAsian markets open on a negative note Wednesday, as investors juggle the prospects for an economic comeback and additional stimulus with continued pandemic concerns.
from Stocks-Markets-Economic Times https://ift.tt/2NtBVUK
… Read MoreWarren Buffett's Berkshire reveals three new secret buysThe Apple stake reduction left Berkshire with a holding valued at about $120 billion at the end of 2020, according to another filing. The iPhone maker remains Berkshire’s biggest single stock holding.
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