Sensex, Nifty Close Lower as RBI Decision Awaited

Reserve Bank

Gold Silver Reports – The BSE Sensex and NSE Nifty closed marginally lower on Tuesday as traders are cautious ahead of the Reserve Bank of India’s policy decision on Wednesday. The Nifty PSU Bank rose 1.37% led by SBI, which was up 2.17%. On the losing side, the BSE Power fell 1.06%. SBI, Bharti Airtel and Reliance Industries were the top gainers, while Hero MotoCorp, Wipro and Tata Steel were among the major losers.

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What is Reliance Jio’s Share of the Telecom Market?

Telecom Market

Gold Silver Reports – What is Reliance Jio’s Share of the Telecom Market? – Telecom Regulatory Authority of India’s financial data report for the September quarter gives a glimpse of how much share Reliance Jio Infocomm Ltd has captured just a year after it started operations.

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Goldman Warns Highest Valuations Since 1900 Mean Pain Is Coming

Goldman Warns

Gold Silver Reports – Goldman Warns Highest Valuations Since 1900 Mean Pain Is Coming – A prolonged bull market across stocks, bonds and credit has left a measure of average valuation at the highest since 1900, a condition that at some point is going to translate into pain for investors, according to Goldman Sachs Group Inc.

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European Stocks Flat as Dollar Extends Decline

US Dollar Q1 2021 Forecast

Gold Silver Reports – European stocks erased early losses to close little changed as positive economic data in the region offset negative sentiment following a slump in Chinese equities. The dollar extended a retreat sparked by Wednesday’s more dovish than expected Federal Reserve minutes.

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