by pallanus | May 19, 2020 | Business News
Indian shares ended higher on Tuesday after three days of losses, spurred by a surge in Bharti Airtel and optimism around a potential coronavirus vaccine, but a late slide in banking stocks and Reliance Industries capped gains. The NSE Nifty 50 index had risen over 2%...
by pallanus | May 6, 2020 | Business News
The key factor that dented sentiments on D-Street on Wednesday was the Centre’s decision to hike fuel taxes, which will provide additional monetary support to the government, but will increase OMCs’ cash outflow. Shares of OMCs such as HPCL, BPCL and IOC fell sharply...
by pallanus | May 1, 2020 | Business News
Gold rose on Friday as dismal data from the United States underscored the deep economic impact of the coronavirus, but moves by some countries to ease tough containment measures kept bullion on track for its worst week in a month and a half. Spot gold climbed 0.4 per...
by pallanus | Apr 24, 2020 | Business News
Global shares extended losses Friday as hopes faded for a quick turnaround for the global coronavirus pandemic. France’s CAC 40 dropped 1.9% in early trading to 4,368.03, while Germany’s DAX fell 1.8% to 10,321.87. Britain’s FTSE 100 shed 1.5% to...
by pallanus | Apr 24, 2020 | Business News
Indian shares fell over 1% on Friday, tracking weak global markets, after U.S. data underscored the economic damage caused by the coronavirus pandemic and reports that an experimental drug to treat COVID 19 showed inconclusive results. The NSE Nifty 50 index fell...
