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With very few Federal Reserve officials ready to discuss withdrawing stimulus and the world economy looking set to post a strong recovery from the pandemic-triggered recession, investors have switched to cyclicals - companies that are heavily affected by economic conditions, analysts said.
Walmart may join NUE race for retail payment systemsPeople close to the situation said that at least two consortium players preparing to apply for the coveted NUE license have approached Walmart’s PhonePe to become a strategic investor in their respective ventures.
from Stock… Read MoreSGX Nifty up 40 points; here's what changed for market while you were sleepingNifty50 on Tuesday breached the 13,400 level on an intraday basis but could not sustain the gains. Buying was seen later at lows, as the index ended almost where it had opened, thereby forming an indecisive Doji on the daily … Read MoreAfter health and life, now a standardised personal accident insurance cover in the work by IRDAIA 100% sum assured would be liable to victims of accidents that result in death or permanent disablement, as per the draft guidelines whereas partial disablements would have different predetermined caps for reimbursements. Th… Read MoreIndia emerges fastest growing investor in US treasury papersThe Reserve Bank of India has been consecutively raising its holdings of US government debt instruments since the beginning of April, and until September the central bank has increased its holdings by a record $57 billion thi… Read MoreStocks in the news: YES Bank, ICICI Securities, MTNL, JSW Steel and TVS SrichakraYes Bank said it has launched Yes Private Prime Credit Card for India's affluent and ultra high networth individuals.
from Stocks-Markets-Economic Times https://ift.tt/3grVgQq
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