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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.
Vaccine shortage holds emerging markets back from global rallyDeveloping-nation stocks have lagged the rest of the world since the middle of March partly on concern that vaccine shortages and delays will slow economic growth.
from Stocks-Markets-Economic Times https://ift.tt/3dMzmrq
… Read MoreA break below 14,200 can take Nifty to 13,600If the index manages to bounce off 14,200, banking, IT, energy, automobile and realty sectors are expected to outperform, according to technical analysts.
from Stocks-Markets-Economic Times https://ift.tt/3euNZz1
… Read MoreVirus surge and China are muddying the bullish Asian stock storyForeign investors withdrew $2.5 billion from emerging Asia stocks excluding China this week alone, according to latest available data compiled by Bloomberg, and global money managers appear less optimistic on near-term prospe… Read MoreOil ministry tells ONGC to sell oilfields; hive off drilling, other servicesThe action plan calls on ONGC to consider sale of stake in maturing fields such as Panna-Mukta and Ratna and R-Series in western offshore and onshore fields like Gandhar in Gujarat to private firms while divesting/privatising… Read MoreFed set to hold interest rates as US economy recoversFed officials have clearly stated that they will not be spooked by temporary price increases into reacting too quickly and pumping the brakes on stimulus measures.
from Stocks-Markets-Economic Times https://ift.tt/2Qu6RGi
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