Gold prices have gained steadily over the past few months, thanks to fragile equity market sentiment and fears of global economic slowdown as US-China trade war intensifies. Thus far in calendar year 2019 (CY19), gold prices have surged 24 per cent. Silver, too, has gained 24.3 per cent during this period as investors flocked to … Read More →
The uncertainty over the future of the American apparel industry intensified after the trade war erupted. Since most clothing retailers depend on Chinese imports to source their materials, the latest round of tariff is bound to impact their businesses negatively. Meanwhile, the reports of a possible trade truce between the US and China have brought … Read More →
Here are stocks that are in the news today: Results on March 1: ABB India(CY18), Ceenik Exports, Resurgere Mines DHFL: CARE withdraws rating of the company. CRISIL downgrades commerical papers & short-term deposit rating to A1 from A1+. Nitin Castings: Company has fixed March 15 as the record date for the purpose of sub-division of each … Read More →
Here are stocks that in the news today: Punjab National Bank: Fitch ratings affirmed PNB’s Long-Term Issuer Default Rating (IDR) at BBB- and its Viability ratings at ‘b’ while removing it from Rating Watch Negative. Yes Bank: Moody’s Investors Service downgraded bank’s foreign currency issuer ratings to Bal from Baa3 with changing outlook to negative … Read More →
Indian stocks struggled after a weak start on Monday, with the Nifty adding 17 points at day’s high and the Sensex gaining as much as 13 points to 31,286. Domestic shares were in line with the other Asian markets, which remained subdued amid geopolitical risks after Saturday’s terrorist attack in London, despite US stocks rising … Read More →