Money Market
GoldSilverReports provides you the list of Best Money Market Funds to Buy/Invest, Best Money Market Tips and Calls In India, Best Performing Money Market Mutual Funds.
U.S.-China Tensions May Put Up to $400 Billion in Investment at Risk
Gold Silver Reports (GSR) – Chinese investment into the U.S. slumped last year to $29 billion from $46 billion, as the Asian nation restricted outbound capital and the Trump administration took a tough stance on deals, according to the report Tuesday from New York-based research firm Rhodium Group and the National Committee on U.S.-China Relations. U.S. investment into China was little changed at $14 billion.
Wipro Falls As Company Says Profitability May Get Hit
Wipro Falls As Company Says Profitability May Get Hit
Shares of the Azim Premji-led company fell as much as 2.6 percent, the most in over two weeks to Rs 277.75 after the company said that its profitability may be impacted by 65-75 basis points in the March quarter as one of its telecom clients is undergoing insolvency proceedings, according to a PTI report.
Axis Bank Rises After CEO Shikha Sharma To Cuts tenure To Seven Months
Axis Bank Rises After CEO Shikha Sharma To Cuts tenure To Seven Months
Shares of the country’s third largest private lender rose as much as 3 percent to Rs 534.85 after its managing director and CEO Shikha Sharma wanted her new term to be reduced to seven months from three-year tenure that has been approved by the bank’s board.
Nifty Metal index’s 1.7 percent Gain
Gold Silver Reports (GSR) – Nine out of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Metal index’s 1.7 percent gain. On the flipside, Nifty PSU Bank index was the top sectoral loser, down 0.12 percent.
Axis Bank’s Shikha Sharma Wants New Term Cut Short
Gold Silver Reports (GSR) – Axis Bank’s Shikha Sharma Wants New Term Cut Short – Sharma has asked the board to reconsider the term of her reappointment, a statement to the exchanges said. The bank’s board has accepted her request, subject to the approval of the RBI, the statement added.
Bitcoin Seen Popping Like the Greatest Bubbles by BofA
Gold Silver Reports (GSR) – Bitcoin Seen Popping Like the Greatest Bubbles by BofA — The cryptocurrency is tracking the downfalls of the other massive asset-price bubbles in history less than one year out from its record, analysts lead by Chief Investment Strategist Michael Hartnett wrote in a note Sunday.