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Market ends the week 3% lower after Friday’s flash crash; FIIs remain net buyers – Moneycontrol.com

by abhinav | Feb 27, 2021 | News

Rising US bond yields and expectation of higher US inflation and geopolitical tensions between the US & Iran were some of the reason for the massive sell-off on Friday. Read More

reported by at Moneycontrol

Reserve Bank favours retaining inflation target for next 5 years – Mint

by abhinav | Feb 27, 2021 | News

Under India?s flexible inflation targeting approach, the central bank is expected to work to maintain retail inflation at 4%, with an upper tolerance limit of 6% and a lower limit of 2% Read More

reported by Gopika Gopakumar at Livemint

Nasdaq finishes higher, tech stocks retrace some losses – Moneycontrol.com

by abhinav | Feb 27, 2021 | News

The Dow Jones Industrial Average closed 469.64 points lower, or 1.5%, to 30,932.37, the S&P 500 lost 18.19 points, or 0.48%, to 3,811.15 and the Nasdaq Composite added 72.91 points, or 0.56%, to 13,192.34. Read More

reported by at Moneycontrol

Vedanta Resources raises $1.2 billion ahead of open offer for Indian listed unit – Moneycontrol

by abhinav | Feb 27, 2021 | News

Vedanta Resources Finance II Plc, a subsidiary of London-based Vedanta Resources, had gone to the market for raising USD 1 billion. Read More

reported by at Moneycontrol

Rising bond yields, commodity prices to cap market upside, say analysts – Business Standard

by abhinav | Feb 27, 2021 | News

According to a recent report by BofA Securities, 31 Nifty50 companies are exposed to commodity-related risks and cautions that the full impact of the rise in commodity prices is yet to play out Read More

reported by Puneet Wadhwa at Business Standard

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