📰 Latest Economy & Stock Market News
3 sectors that escaped recent $2 billion selling spree of FPIs
Updated at : 2021-11-07 13:20:01

There were sectors that still attracted investments from foreign investors in October despite the general sense of pessimism. The buying reflected their confidence in these sectors even as they were more pragmatic on the broader market.

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Energy crisis in India, China that helped revive coal is easing, for now
Updated at : 2021-11-07 12:20:01

Supplies of coal, the key source of electricity generation in China and India, are beginning to rise again after governments pressed miners to rapidly boost output and lifted imports.

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Sun Pharma, Lupin start recalling products from US market
Updated at : 2021-11-07 12:20:01

According to USFDA, the Mumbai-based drug maker is recalling the affected lot due to "failed moisture limits."

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After the rally: Here’s what could still go wrong for stocks
Updated at : 2021-11-07 12:20:01

While most Wall Street strategists remain positive on equities amid a lack of alternatives, here are five things that could ruin the party:

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Bond traders bet on calmer seas after Fed soothes market frenzy
Updated at : 2021-11-07 12:20:01

The Fed chair’s stance -- along with the Bank of England’s surprise decision to hold interest rates steady -- promises to end the price swings that raced through the markets as traders reassessed how quickly banks will start pulling pandemic-era stimulus from their economies.

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India is now ready to move into next orbit of growth,says SBI chief
Updated at : 2021-11-07 11:20:01

The kind of vaccine drive the country has seen makes all the Indians proud, especially because the domestically produced vaccine is being used in a big way, Khara said at the India Pavilion at EXPO2020 Dubai.

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Tech glitch behind loan disbursal sans customer consent: IndusInd Bank
Updated at : 2021-11-07 11:20:01

An independent review has been initiated by IndusInds “to see if there is any process lapse or accounting failure at Bharat Financial Inclusion (BFIL), the bank’s wholly-owned micro-lending subsidiary, said an IndusInd release. “The Bank wishes to reiterate that there is a strong risk management and control framework in place, both within the Bank and at BFIL,” said the bank.

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IPOs, FII flows and macro data among key factors to drive market this week
Updated at : 2021-11-07 11:20:01

“Indications are in favour of further consolidation; however, the range could be broader next week. Participants should maintain their focus on stock selection and overnight risk management,” said Ajit Mishra, VP Research. Religare Broking.

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India ready to move into next orbit of growth: SBI chief
Updated at : 2021-11-07 10:20:01

The kind of vaccine drive the country has seen makes all the Indians proud, especially because the domestically produced vaccine is being used in a big way, Khara said at the India Pavilion at EXPO2020 Dubai.

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Telecom to do better in next 2 yrs, don’t miss digital companies: Raamdeo Agrawal
Updated at : 2021-11-07 10:20:01

“We are booking our space in a few of the digital companies but we are very cautious in terms of what we are buying.”

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