Gold Silver Reports (GSR) – The only way to value the likes of Bitcoin correctly is to recognise that it’s a speculative investment and not a currency, said Damodaran who is known for his work on valuing companies and understanding stock investments. “If you put the currency in pocket and you forget about it for a year then at the end of the year if you put it out then it shouldn’t have lost half its value.”
U.S. Stocks Decline on Tech Woes, Treasuries Slide
Gold Silver Reports (GSR) – U.S. Stocks Decline on Tech Woes, Treasuries Slide – The S&P 500 Index dropped the most in nearly two weeks as tech shares slumped after Taiwan Semiconductor’s disappointing forecast roiled chip-maker stocks. China’s request for concessions from Qualcomm Inc. to acquire NXP Semiconductors NV ratcheted up tensions over trade. Earnings misses from Procter & Gamble Co. and Philip Morris International Inc. weighed on consumer staples.
Gold Silver Prices Up on Firm Global Cues, Silver Kiss High Rs 41000
Gold Silver Reports (GSR) – Gold Silver Prices Up on Firm Global Cues, Silver Kiss High Rs 41000 — Traders said, apart from a firm trend overseas, brisk buying by local jewellers to meet wedding season demand in the domestic spot market kept gold prices higher. Besides, a depreciated rupee against the dollar made imports of the metal costlier, thus fuelling the uptrend, experts said.
IndusInd Bank Q4 Net Profit Matches Estimates In Q4
Gold Silver Reports (GSR) – IndusInd Bank Q4 Net Profit Matches Estimates In Q4 — Shares of the Mumbai-based private sector lender fell 1.6 percent to Rs 1,814 after it reported divergence in NPAs to the tune of Rs 1,350 crore in March quarter.
Metal Index Surges To Six-Week High Led By Hindalco, Vedanta
Gold Silver Reports (GSR) – Metal Index Surges To Six-Week High Led By Hindalco, Vedanta — S&P BSE Metal Index surged as much as 4.15 percent to a 6-week high, best performer among 19 sector gauges. Aluminum and nickel led a surge in metals prices amid turmoil unleashed by U.S. sanctions against United Co. Rusal.
TCS Shares Rise Ahead Of March Quarter Earnings
Gold Silver Reports (GSR) – TCS Shares Rise Ahead Of March Quarter Earnings – Shares of the country’s largest IT company rose 1.66 percent to Rs 3,211 ahead of its March quarter earnings.
Bharat Dynamics Hits Record High On Signing Agreement With DRDO
Gold Silver Reports (GSR) – Bharat Dynamics Hits Record High On Signing Agreement With DRDO — Shares of the Hyderabad-based defence equipment maker rose as much as 4.25 percent to record high of Rs 421.90 after it signed an agreement with Defence Research Development Organisation (DRDO) for Astra MK-1 Weapon System.