Fibonacci retracement showed the index went down to hit the 61.8 per cent retracement of the February rise, said Gaurav Ratnaparkhi of Sharekhan. Source linkContinue Reading
A raft of global stimulus has helped the FTSE 100 recover more than 37% from a coronavirus-driven crash last year, but a recent rise in COVID-19 cases across Europe has dampened investor sentiment. Source linkContinue Reading
A bank placed a wrong price quote, which led to a negative yield as the paper was nearing maturity Source linkContinue Reading
Rane said the state will achieve a target of 2,500 coronavirus tests per day as mandated by the Union government and plans were afoot to scale up capacity. Source linkContinue Reading
Industrial output shrinks 1.6% in January Source linkContinue Reading
The outlook for electricity distribution segment remains negative with continued weakness in financial position of most state-owned discoms, according to a report by ICRA Source linkContinue Reading
This is in addition to Rs 1.27 trillion pending discom payables to power generators as of December 2020, 30% higher on a year-on-year basis. Source linkContinue Reading
This reflects a view that financial performance of airlines is likely to remain weak in near-to-medium term amid weak air traffic Source linkContinue Reading
Rates to borrowers in the overnight U.S. Treasury market went negative heading into Thursday, a situation BofA Global analysts were predicting would happen “by May,” without tweaks from the central bank. Source linkContinue Reading
India Ratings and Research (Ind-Ra) has revised the outlook on PNB Housing Finance’s (PNBHF’s) non-convertible debentures Source linkContinue Reading