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While nobody believes the published opinions of strategists are particularly meaningful to the day-to-day motion of share prices, the phenomenon illustrates a dynamic that’s been supporting equities for more than a year.
India should spend to lift economy, says JPMorgan’s AzizPeople need income support that can be achieved through the Jan Dhan infrastructure without working out a strategic timing for the programme. But delaying it could cause structural damage to the economy by way of demand.
fro… Read MoreStocks in the news: Mazagon Dock Shipbuilders, UTI AMC, Vedanta, Wipro, ONGC and RILVedanta Resources on Saturday said that it has failed to garner the required number of shares to delist Indian subsidiary Vedanta.
from Stocks-Markets-Economic Times https://ift.tt/2FkcdhG
… Read MoreStreet’s tracking asset quality & more in banks’ Q2 performanceAnalysts are seeking trend-defining answers in banking collections, fresh disbursals, quantum of provisions, progress on the restructuring scheme, and the industry’s outlook on asset quality.
from Stocks-Markets-Economic Tim… Read MoreAsian stocks creep higher on US stimulus hopesThe People's Bank of China has scrapped a requirement for banks to hold a reserve of yuan forward contracts, removing a guard against depreciation, which traders said suggested authorities were discomfited by recent gains.
f… Read MoreSGX Nifty up 30 points; here's what changed for market while you were sleepingDespite having recovered strongly from a low point at 10,800 in the last few sessions, the index is not showing any major sign of fatigue. Nifty formed a bullish candle on the daily chart, negating Thursday's indecisive Doji … Read More
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