The recovery could be led by financials once again this time, followed by materials. (Image: REUTERS) Wall Street listed companies are set to bounce back strongly after the sharp 14.7% fall in earnings reported in the first quarter of 2020. Analysts at Wells Fargo estimate that S&P 500 earnings for the January-March quarter of 2021
stock market
On Tuesday, Nifty formed a long bull candle was formed with minor lower shadow, according to chartists. (Image: REUTERS) Domestic stock markets resume trading after a brief halt on Wednesday. Sensex currently sits at 48,544 points, recouping some of Monday’s losses. Nifty 50, on the other hand, is settled at 14,504. SGX Nifty was down
The Russian Sputnik V, after getting the Drugs Controller General of India’s (DCGI) nod has now become the third vaccine to be given the go-ahead in India. (Image: Reuters) With Sputnik V covid-19 vaccine getting the Emergency Use Authorisation (EUA), Dr Reddy’s Laboratories stands to benefit after having secured exclusive marketing and distribution rights for
. The net outflows recorded were owing to profit booking by investors as Nifty surged strongly from March 2020 lows. With eight months of consecutive outflows in financial year 2021, investors turned net sellers of equity mutual funds for the first time in seven years. The total outflows from equity funds, including ELSS and index
On Monday, Foreign Institutional Investors (FII) were net sellers of domestic securities worth Rs 1,746 crore. (Image: REUTERS) Domestic stock markets witnessed a bloodbath on Monday, as benchmark indices tanked over 3% each. S&P BSE Sensex now sits at 47,883 while the Nifty 50 index settled at 14,310. On Tuesday morning, SGX Nifty was up