The merged entity and its management team will benefit greatly from ZEEL’s competence in content production and deep customer connections, Rakesh Jhunjhunwala has earned a mark-to-market profit of Rs 50 crore in eight days on his share purchase of Zee Entertainment Enterprises Ltd. Last week, amid Zee Entertainment Enterprises boardroom tussle, Rakesh Jhunjhunwala’s Rare Enterprises… Continue reading Zee Entertainment stock hits upper circuits, rallies 25%; makes Rakesh Jhunjhunwala Rs 50 cr richer in 1 week
Category: Finance
Bulls push Sensex, Nifty higher for second day straight; here’s what experts make of today’s trade
The overall market momentum was positive with broader markets participating in the up-move after days of underperformance. (Image: REUTERS) Bulls propelled domestic markets higher on Tuesday, helped by positive global cues. S&P BSE Sensex ended the day 403 points or 0.73% higher at 55,958 points while the NSE Nifty zoomed 0.78% to close at 16,624.… Continue reading Bulls push Sensex, Nifty higher for second day straight; here’s what experts make of today’s trade
Fed's Mary Daly says tapering of bond purchases may start this year
San Francisco Federal Reserve Bank President Mary Daly poses at the bank’s headquarters in San Francisco, California, U.S., July 16, 2019. Ann Saphir | Reuters San Francisco Federal Reserve President Mary Daly told CNBC on Tuesday that a strong economic recovery will allow the central bank to slow its asset purchases, possibly near the end… Continue reading Fed's Mary Daly says tapering of bond purchases may start this year
Fed Chair Powell charged with convincing Congress this week that easy policy is still needed
Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, June 22, 2021. Graeme Jennings | Pool | Reuters Federal Reserve Chairman Jerome Powell is tasked this week with convincing Congress that the ultra-easy policies the central bank has followed during… Continue reading Fed Chair Powell charged with convincing Congress this week that easy policy is still needed
Fed's Mary Daly says tapering of bond purchases may start this year
San Francisco Federal Reserve Bank President Mary Daly poses at the bank’s headquarters in San Francisco, California, U.S., July 16, 2019. Ann Saphir | Reuters San Francisco Federal Reserve President Mary Daly told CNBC on Tuesday that a strong economic recovery will allow the central bank to slow its asset purchases, possibly near the end… Continue reading Fed's Mary Daly says tapering of bond purchases may start this year
Sensex, Nifty close flat after scaling fresh all-time highs; TCS, Infosys, RIL top index gainers
Broader markets, except Nifty Midcap 50, closed with gains. (Image: REUTERS) Domestic equity markets closed flat on Wednesday, down after reaching fresh all-time highs. S&P BSE Sensex scaled a new all-time high of 56,198 but failed to sustain those levels and closed with marginal losses at 55,944. NSE Nifty 50 touched a new high of… Continue reading Sensex, Nifty close flat after scaling fresh all-time highs; TCS, Infosys, RIL top index gainers
IT, auto, other firms to report robust earnings; what to look for in new-age tech stocks Fidelity INTERVIEW
The fundamental catalyst at this stage for the markets is the economic path beyond the current pandemic. (Image: REUTERS) India’s economic engine seems to have survived the second wave of the covid-19 pandemic. Business balance sheets are strong and rural demand is back, leaving inflation as the primary macro challenge, said Nitin Sharma, Director Research… Continue reading IT, auto, other firms to report robust earnings; what to look for in new-age tech stocks Fidelity INTERVIEW
Rupee outlook: 5 reasons could trigger a breakout in Re from current consolidation against US Dollar
Rupee By Amit Pabari It is truly said that, “The ultimate resource in economic development is people. It is people, not capital or raw material that develops an economy.” Multiple waves of the coronavirus pandemic are challenging humanity as never before and have stalled an overall economic recovery across the globe. India has been under… Continue reading Rupee outlook: 5 reasons could trigger a breakout in Re from current consolidation against US Dollar
What Markets Will Look For In August’s Upcoming Inflation Data
SAN FRANCISCO – MAY 19: Gas prices remain relatively high compared to recent years. This is one … [+] factor pushing U.S. inflation higher. (Photo by Justin Sullivan/Getty Images) Getty Images Many policy-makers and the bond market continue to view inflation are a transitory event. That is to say that though inflation is running at… Continue reading What Markets Will Look For In August’s Upcoming Inflation Data
Sell These Bond Funds As Inflation Ticks Higher In 2021
Sell now button getty The market looks like it’s about to fall apart. Which means we contrarians will step in, and smartly bank more dividend for our dollar. Some of us park our dry powder in cash. Others stash in conservative bond funds to juice a bit more yield out of our savings. Let’s talk… Continue reading Sell These Bond Funds As Inflation Ticks Higher In 2021