Shares of the fertiliser makers were trading higher after the government approved a proposal to extend urea subsidy till 2020 and implement direct benefit transfers (DBT) for disbursement of the fertiliser subsidy.
Indian Hotels Surges After Block Deal – March 15, 2018 — Shares of the Mumbai-based operator of the Taj Group of hotels rose as much as …
Gold Silver Reports (GSR) – Money Market Heads Up! — Indian bonds are likely to trade in a range amid declining volumes with most investors awaiting the government’s record $93 billion borrowing program which will kick off early next month.
Rupee opened lower at 64.92 per U.S. dollar against yesterday’s close of 64.83. -Rupee Slips Against U.S. Dollar
Block Deal Alerts – March 15, 2018 ✅ Indian Hotels has 7.9 crore shares change hands in a block deal in pre-market trade. ✅ Bajaj Electricals has 25 …
Gold Silver Reports (GSR) INDIA – Stocks Slump as Traders Await Next Week’s Fed Move — U.S. stocks fell for the third straight day after lackluster retail sales figures fanned concern that consumer spending is cooling, while traders awaited next week’s rate decision by the Federal Reserve. Ten-year Treasury yields tightened.
Gold Silver Reports (GSR) – Bitcoin’s Premium to Gold Looks Set to Get Hit by Fed Hikes — Bitcoin’s soaring premium to gold is being eroded as the digital currency faces regulatory scrutiny and lower demand. The convergence is likely to accelerate with help from the Federal Reserve, according to Mike McGlone, a strategist at Bloomberg Intelligence, who says rate hikes have marked bitcoin tops and gold bottoms.