Financial market

Market quotes from Drs. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

“Market volatility has become more complex with uncertain cocktails of good and bad conditions. A positive return on economic activity, a sharp decline in crude profits by 7% overnight, a reassurance of the Fed’s resilience & resumption of FII purchases are obvious. But the second wave of Covid, especially in the Maharashtra economic crisis, rising …

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Simple trip planners earn 11.4% on the first day of trading, ending at Rs 208.30

Easy Trip Planners share closed the listing date with a profit of more than 11 percent on March 19 but failed to meet road expectations. Weaknesses in the financial markets prior to the start of the market and the rise in COVID-19 cases in the country could have been due to analysts’ expectations of a …

Simple trip planners earn 11.4% on the first day of trading, ending at Rs 208.30 Read More »

Economy

Economy: Government ready to deal with global situation

Economy- FM Nirmala Sitharaman: Finance Minister Nirmala Sitharaman has said that India is capable of dealing with any situation arising from global signals. These developments also include the withdrawal of loose monetary policy from the US central bank. Sitharaman said in a post-budget discussion with industry body FICCI on Sunday that the government would not …

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Institutional buyers deposit Rs 870 crore bid for HUDCO stock exchange

Institutional investors on Tuesday placed bids worth more than R870 million in government sales by eight percent of HUDCO. Institutional investors bid for more than 19.40 crore shares compared to the base issuance size of more than 9.90 crore shares.At a discounted price of Rs 45.03 each, bids submitted by institutional bids have a value …

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