Best Stock Market News: India’s stock benchmarks advanced the most in over two weeks, aided by gains in metal, auto, banking and energy stocks, as markets shrugged off concerns over the possibility of a faster taper and the omicron covid-19 strain.
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India Sugar Mills Pause Export Deals in Bet Price Will Rise More
India Sugar Mills: Sugar exporters in India are holding off signing any more export contracts, in a bet that global prices will rally further after bad weather damaged crops in top grower Brazil.
BSE Warns Market Intermediaries About Cyber Attacks Amid Coronavirus Lockdown
BSE Ltd. has cautioned stock market intermediaries against malicious cyber attacks amid increased usage of mobile phones and tabs in the wake of lockdown to contain the Covid-19 pandemic.
Fed Eyes Another Interest Rate Cut To Prop Up The Slowing Economy
The Federal Reserve looks poised to cut interest rates for a second time Wednesday to help extend the economic expansion in the face of global weakness, President Donald Trump’s trade war with China and geopolitical risks such as the attacks on Saudi Arabia’s oil facilities.
Bank Nifty Futures Tips & Quotes – Below 29510 Target 28700—28200
The Bank Nifty has come down reasonably closer to the Put congestion. For the first time in recent weeks, the OIPCR for Bank Nifty is on the bullish side of neutrality, which indicates an expectation of longs to be reinstated, hence a Long Call Butterfly is advised.
Asian Markets Track Wall Street lower
Asian stocks tracked Wall Street losses today as latest exchanges between Beijing and Washington signalled the heightened risk of a prolonged trade war, stoking investors’ concerns …
Salzer Electronics to Buy 72% stake in Kaycee Industries in All Cash Deal
Gold Silver Reports (GSR) – Salzer Electronics Limited, which offers electrical solutions, on Monday signed a deal to acquire a 72.32 per cent stake in Kaycee Industries Limited in an all cash deal. Salzer will make an offer to purchase a 26 per cent additional stake from public for a total equity value of Rs 22 crores.