Gold Silver Reports (GSR) – Global economists and executives from Apple Inc.’s Tim Cook to BlackRock Inc.’s Larry Fink gathered in Beijing this weekend against the backdrop a brewing trade war, after U.S. President Donald Trump slapped tariffs on Chinese goods affecting more than $50 billion worth of products.
Neal Bhai
Global Gold Prices Shine as Trade War Fears Rattle Markets
Gold Silver Reports (GSR) – Global Gold Prices Shine as Trade War Fears Rattle Markets — Gold prices gained as much as 1% on Friday on a faltering dollar and equities as investors scurried to safety after US President Donald Trump moved towards long-promised anti-China tariffs, prompting a strict response from China amid fears of a global trade war.
MEP Infra Emerges As Lowest Bidder For Three NHAI Projects
MEP Infra Emerges As Lowest Bidder For Three NHAI Projects Shares of the Mumbai-based road developer were trading 1.9 percent lower at Rs 76.30. The company …
Varun Beverages Acquires PepsiCo India’s Franchise In Jharkhand
Varun Beverages Acquires PepsiCo India’s Franchise In Jharkhand
Shares of the Gurgaon-based beverage maker fell 1 percent to Rs 603.60.
The company has acquired PepsiCo India’s previously franchised sub territory in Jharkhand along with one manufacturing unit at Jamshedpur, Varun Beverages said in an exchange filing.
Strong Support For Nifty At 9,950
Strong Support For Nifty At 9,950
Nifty has been in short mode since it closed below 200-day simple moving average. Overall breadth declined and the present volatility surge also aided the bearish momentum, says Mustafa Nadeem, CEO, Epic Research.
Japanese Shares Extend Losses, Nikkei Slips Over 1,000 Points
Japanese Shares Extend Losses, Nikkei Slips Over 1,000 Points
Japanese shares extended losses after risk of global growth getting hit surfaced amid escalation in ongoing trade war after the U.S. imposed trade tariffs on China.
Bhushan Steel Surges After CoC Approves Tata Steel Bid For Acquisition
Bhushan Steel Surges After CoC Approves Tata Steel Bid For Acquisition
Shares of the Delhi-based steel maker rose as much as 9.4 percent to Rs 43.20 after its committee of creditors (CoC) approved Tata Steel’s bid for acquisition of Bhushan Steel.