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Metals & inflation to decide where does Dalal Street go from hereon May 15, 2021 at 5:56 am
Volatility due to inflation fears and uncertainty over the second wave of Covid-19 will continue to keep market participants on their toes in the coming week.
Worst Asia stock slump in over a year shows few signs of abatingon May 15, 2021 at 5:27 am
The MSCI Asia Pacific Index slumped 3.2% this week, and is now down 2.7% in May. That’s put the gauge on track for its worst monthly performance since March 2020 -- when markets took the biggest hit from the pandemic.
Akshaya Tritiya sees gold shine onlineon May 15, 2021 at 5:04 am
Paytm Money witnessed a 30% year-on-year (YoY) value growth in digital gold sales on their platform this year. Paytm Money CEO Varun Sridhar said, “In the last three days, we have recorded 50kg of gold sales. The average ticket size has grown from Rs 1,600-1,700 to Rs 2,300-2,500 per transaction.”
Wall Street ends volatile week sharply higheron May 15, 2021 at 4:53 am
"Today 'everything is going up day' because everyone is buying," said Chuck Carlson, senior vice president at Wealthspire Advisors, in New York. "It's a 'buy everything' day."
IDBI Bank settles loan with Aircel founder C Sivasankaranon May 15, 2021 at 4:23 am
According to banking sources, IDBI Bank has already written to the CBI, which has confirmed that commercial dealings will not affect the criminal investigation process.
Covid drains bank accounts of uninsuredon May 15, 2021 at 4:15 am
The surge in cases and the subsequent capacity constraints are forcing the middle-class to avail of private healthcare services they cannot afford.
Should you buy FMCG stocks on dips?on May 15, 2021 at 4:02 am
"We think FMCG stocks are good short-term trade but not an investment at this point."
Can Asian Paints stock sustain the momentum?on May 15, 2021 at 3:58 am
"Q1 of this year is going to be tough for most of the FMCG companies, including Asian Paints," says Mahantesh Sabarad.
Elon Musk's Bitcoin turnaround pleases some Tesla investorson May 15, 2021 at 3:56 am
The Tesla boss' tweets, which had helped drive some of the gains in bitcoin in recent months, this week triggered a 17% slide in the value of the cryptocurrency when he said his company's customers would no longer be able to use bitcoin to buy its cars.
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