Gold Silver Reports (GSR) – Stocks To Watch: Coal India, HCL Tech, InterGlobe Aviation, Indian Oil, RCom – The NSE Nifty 50 index rose 1.9 percent or 197 points, the most since May 26, 2016, to 10,325 and the S&P BSE Sensex surged 577.73 points or 1.75 percent to 33,596.80.
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.
Stocks Rally Third Day as Trump Team Eases Stance
Gold Silver Reports (GSR) – Stocks Rally Third Day as Trump Team Eases Stance — The S&P 500 Index bounced back from Monday’s selloff as investors grew more confident the administration’s protectionist rhetoric wouldn’t result in equally stringent policy. The rally took stocks to a two-week high. The dollar strengthened for the third time this week, while the 10-year Treasury yield popped above 2.82 percent.
RBI On Developmental & Regulatory Policies
RBI On Developmental & Regulatory Policies 📌 Mandatory loan component in working capital facilities. 📌 Not necessary to activate counter cyclical capital buffer at this point. 📌 All payments …
Force Motors Rises As Sales Jump In March
Gold Silver Reports (GSR) – Force Motors Rises As Sales Jump In March – Shares of the Pune-based light commercial vehicles maker rose as much as 5.8 …
Adani Group, Torrent Power Eye Eletrobras’ Power Distribution
Gold Silver Reports (GSR) – At least two Indian companies—Given the limited opportunities in India, these firms have been attracted by Latin America’s biggest utility’s six subsidiaries that are up for sale and supply electricity to 13 million people. Price-water-house-Coopers Brazil is running the sell side transaction process. Adani Group and Torrent Power—have shown interest in acquiring six electricity distribution firms put on sale by Brazil’s Centrais Elétricas Brasileiras, or Eletrobras, two people aware of the development said.
Banks Gain As RBI Grants Breather Ahead Of Monetary Policy Decision
Gold Silver Reports (GSR) – Banks Gain As RBI Grants Breather Ahead Of RBI Monetary Policy Decision — Shares of private and government-owned lenders were trading higher after the Reserve Bank of India provided relief to lenders by allowing them to reduce provisioning on NCLT accounts for March quarter ahead of the monetary policy decision.
Asia Stocks Gain After U.S. Rebound on Trade Hopes
Gold Silver Reports (GSR) – Japanese and South Korean shares led gains in the region and Australian equities advanced, with markets in China and Hong Kong closed Thursday for holidays. The S&P 500 Index swung from a loss to close up 1.2 percent, and 10-year Treasury yields turned higher, after traders’ optimism grew that the U.S. and China will step back from the brink of a trade war. Representatives from China and the U.S. left the door open for a negotiated solution to avoid tariff proposals that wouldn’t take effect for months.