A $6 Billion Manager Says India Equities Rally has Room to Run – A gauge of India’s top 50 companies is set for “low teen returns” this year, boosted by a revival in company earnings, economic growth and renewed interest from local and global funds, according to the nation’s fourth-largest money manager. The climb, should it happen, would be the index’s first back-to-back double-digit annual advance in eight years.
Gold Silver Reports — ✅ Coal India Production Target of 600 Million Tonnes in 2017-18 — Coal India may fall short its production target of 600 million tonnes in 2017-18, going by the production pattern during the first nine months of the year.
Gold Silver Reports – Indian shares touched record highs for a third consecutive session on Wednesday, with investors picking pharma stocks such as Sun Pharma that have lagged a broader market rally this year.
Gold Silver Reports – Stock indices on Friday closed on a higher note ahead of Christmas as benchmarks Sensex and Nifty rallied to all-time peaks, with IT, technology and capital goods leading the gain. While the Sensex inched near 34,000, the Nifty ended slightly short of 10,500. In intraday, both scaled life highs.
Gold Silver Reports – Stocks were mixed amid growing optimism that U.S. legislators are on the brink of passing sweeping tax cuts.
Gold Silver Reports – U.S. equities slumped, with small caps leading losses, and the dollar erased a gain as concern mounted that the Republican tax overhaul package may struggle to pass the Senate.
All major U.S. equity gauges were lower. The S&P 500 Index dropped in afternoon trading after Republican Senator Marco Rubio’s spokeswoman said he told Senate leaders he’ll oppose tax legislation unless they agree to a larger child tax credit. Republicans can only afford to lose two votes and still guarantee passage.
Gold Silver Reports – Bitcoin Futures Trading Opening Brings Crypto to Wall Street – Bitcoin has landed on Wall Street, and it was welcomed by traders. Cboe Global Markets Inc. started letting people buy and sell bitcoin futures Sunday evening.
Gold Silver Reports – Why the Stock Wobble Isn’t Helping Gold – Falling stock prices and geopolitical risks haven’t done much to support gold amid expectations of tighter U.S. monetary policy.