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Vodafone Idea staged a strong comeback, gaining over 40 per cent from Thursday's low. BASF roared after a strong June 2021 quarter performance and Future group stocks bled post a setback from the apex court in the case against Amazon.
Nifty upside may be restricted to 14,600-14,70050,000 is just a psychological number. While hitting the same will be a feel-good factor, it does not impact the market set-up in any way.
from Stocks-Markets-Economic Times https://ift.tt/3swUs2t
… Read MoreA ‘very young’ bull market in stocks is still minting believersAfter recessions in 1992, 2002 and 2009, price-earnings ratios fell as growth resumed and stocks still managed to rise -- in each case with the help of Federal Reserve stimulus.
from Stocks-Markets-Economic Times https://ift… Read MoreQ3 earnings, vaccine rollout among key factors that may sway market this weekRecent data points in the US have suggested that the economic recovery in the world’s largest economy is stuttering after weekly jobless claims surged for the first time since the initial months of the COVID-19 pandemic.
fro… Read MoreStocks aren't scared of the Democrats' Washington sweepFor investors, Biden represents an attitude shift from the era of Donald Trump, who famously made the Dow Jones Industrial Average a barometer of his success.
from Stocks-Markets-Economic Times https://ift.tt/3bNLJDg
… Read MoreAnalysts bullish on a resilient HDFC BankJefferies raised the target price to Rs 1,800 from Rs 1,730 and IIFL raised it to Rs 1,800 from Rs 1,745. Prabhudas Lilladher has raised it to Rs 1,690 from Rs 1,645 and IDBI Capital has raised it to Rs 1,740 from Rs 1,430.
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