The Dow Stages Best Comeback in 8 Weeks as Dow Stock Market Recovers

Gold Silver Reports (GSR) – The Dow Stages Best Comeback in 8 Weeks as Dow Stock Market Recovers — The Dow Jones Industrial Average DJIA, +0.96% mounted its best rebound from an intraday low in about eight weeks, according to Dow Stock Market Data. The blue-chip gauge had been down intraday by as many as 510 points, or 2.1%, but closed up 1%, or about 230 points, at 24,264, representing the best turnaround from a low on an intraday basis since Feb. 6.                                     

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ICICI Securities Slips 16.3% Below IPO Price On Stock Market Debut

Ashok Leyland stock crash

Gold Silver Reports (GSR) – ICICI Securities Slips 16.3% Below IPO Price On Stock Market Debut — The country’s largest broker had reduced its initial public offering size to Rs 3,500 crore from the initial planned Rs 4,017 crore after shares set aside for high net-worth and retail investors received an underwhelming response.                                              

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Stocks To Watch: JSW Steel, Jubilant FoodWorks, Infibeam, Indiabulls Housing Finance

Gold Silver Reports (GSR) – Stocks To Watch: JSW Steel, Jubilant FoodWorks, Infibeam, Indiabulls Housing Finance – Indian equity benchmarks rose for second day in a row led by ICICI Bank, Reliance Industries and Mahindra & Mahindra. The S&P BSE Sensex rose 0.35 percent or 115 points to 33,370.63 and the NSE Nifty 50 index advanced 0.33 percent or 33 points to 10,245.       

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BlackRock’s $1.3 Billion Gold Fund Feels Pain of Miners

Gold Silver Reports (GSR) – BlackRock’s $1.3 Billion Gold Fund Feels Pain of Miners — The $1.3 billion BlackRock Gold and General Fund lost 15 percent last quarter, its worst performance since the third quarter of 2015. Among large materials-focused equity funds, it was the second-worst performer after another BlackRock gold fund domiciled in Japan.

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