Bharti Infratel Falls As Operating Performance Dips Marginally; Market Focusing On Quality Companies In Current Rally: Ambit Capital

Gold Silver Reports (GSR) – Bharti Infratel Falls As Operating Performance Dips Marginally – Shares of the Gurugram-based telecom infrastructure company fell as much as 3.77 percent to Rs 315.65 after its operating profit saw a marginal dip in March quarter. Bharti Infratel’s operating profit or EBITDA fell 0.4 percent to Rs 1,606 crore in March quarter from Rs 1,613 crore in the previous quarter.                       

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Hindalco, NALCO, Vedanta Slump As Aluminium Price Falls Most Since 2010; Sugar Producers Rise On Expectation Of Cane Subsidy

Gold Silver Reports (GSR) – Hindalco, NALCO, Vedanta Slump As Aluminium Price Falls Most Since 2010 – Shares of Hindalco, Vedanta and NALCO fell as much as 9 percent after aluminium slumped 7 percent on London Metal Exchange, the most since 2010, following softening of the U.S. government’s stance on Russian sanctions.

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Rise In U.S. Real Rates Could Dent Flows To EMs: Priya Mishra On Rising U.S. Bond Yield; Rupee Opens Higher Against U.S. Dollar

Gold Silver Reports (GSR)  – Rise In U.S. Real Rates Could Dent Flows To EMs: Priya Mishra On Rising U.S. Bond Yield, In an exclusive conversation, Priya Misra of TD Securities said continued rise in U.S. real rates could dent flows to emerging markets.

✅ Rise in real rates responsible for rising yields

✅ Rising deficit putting pressure on rates in U.S.

✅ Treasury supplies to double in 2019

✅ Rise in real rates to hurt U.S. economy

✅ Spread between U.S. and German bonds to compress     

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Trump Trade War Spurs India to Import More Oil, Drones From U.S.

Gold Silver Reports (GSR) – Trump Trade War Spurs India to Import More Oil, Drones From U.S. — Asia’s third-largest economy could bridge the surplus by up to $4 billion through oil imports alone, government officials said, asking not to be identified as they are not authorized to speak to the media.

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