Gold Silver Reports (GSR) – Gruh Finance Gains After Announces Bonus Shares – Shares of the lender rose as much as 6.5 percent after its fourth quarter net income beat analyst forecast. The company announced the issue of one bonus share for each held. The stock was the second-best performer on the S&P BSE 500 Index. Trading volume was 1.4 times its 3-month full-day average.
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UCO Bank Slumps As Ex-Chairman, Others Charged In Fraud
Gold Silver Reports (GSR) – UCO Bank Slumps As Ex-Chairman, Others Charged In Fraud — The stock plunged 18 percent intraday to lowest since August 2006 …
Infosys Falls After FY19 Margin View Lower Than Year Ago
Infosys Falls After FY19 Margin View Lower Than Year Ago — Shares of the country’s second-largest software services company declined as much as 6.2 percent, most intraday since Aug. 18, after the IT firm said it expects its operating margin in 22 to 24 percent range this year, lower than previous year’s 23 to 25 percent view.
Commodities Weekly Research Report 16-04-18 To 20-04-18
Trend Sideways ⇒ Buy Gold MCX Between 30950 – 30850, Stop Loss (CBSL) – 30501 Target – 31480 ↔ 30610
Trend Sideways ⇒ Buy Silver MCX Between 38450 – 38550, Stop Loss (CBSL) – 37333, Target – 39380 ↔ 40440
Stocks To Watch: Dilip Buildcon, Infosys, IL&FS Engineering, Lloyd Metals
Gold Silver Reports (GSR) – The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, declined 0.3 percent to 10,472 as of 6:50 a.m. Asian stocks inched higher Monday, U.S. equity futures pared gains and the yen retraced losses as traders assessed the likelihood the fallout of an American-led strike on Syria could be contained.
Commodities has Rarely Been Stronger, According to Goldman Sachs
Gold Silver Reports (GSR) – Commodities has rarely been stronger, according to Goldman Sachs Group Inc. With raw materials rallying on escalating political-tensions across the globe and economic growth remaining strong, the bank’s analysts including Jeffrey Currie doubled down on their “overweight” recommendation. They reiterated a view that commodities will yield returns of 10 percent over the next 12 months, according to an April 12 note.
