[ad_1] Russia has earned $24 billion from selling energy to China And India only three months after the invasion of UkraineIt shows how high global prices are limiting efforts by the US and Europe to punish the president Vladimir Putin, China spent $18.9 billion on Russian oil, gas and coal in the three months to the end of May, nearly double the amount a year earlier, the latest customs data shows. Meanwhile, India paid $5.1 billion in the same period, more than five times the value a year ago. This…
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JP Morgan, Deutsche and MUFG enter to give a big boost to GIFT City
[ad_1] Gift City In Gujarat India is set to get its biggest push ever in becoming the hub for global finance as Prime Minister Narendra Modi likely to formally start operations of JPMorgan Chase, Deutsche Bank And Japan’s MUFG At the International Financial Services Center (IFSC) on July 15, three people familiar with the matter said. These institutions are the largest of the global debt and derivatives markets that run into trillions of dollars. Finance Minister Nirmala Sitharaman will also attend the event. But the schedule is subject to change…
JP Morgan, Deutsche and MUFG enter to give a big boost to GIFT City
[ad_1] Gift City In Gujarat India is set to get its biggest push ever in becoming the hub for global finance as Prime Minister Narendra Modi likely to formally start operations of JPMorgan Chase, Deutsche Bank And Japan’s MUFG At the International Financial Services Center (IFSC) on July 15, three people familiar with the matter said. These institutions are the largest of the global debt and derivatives markets that run into trillions of dollars. Finance Minister Nirmala Sitharaman will also attend the event. But the schedule is subject to change…
Volatility in Indian stock market: These stocks can give good returns
[ad_1] in the midst of a sharp sell-off Indian Equity In recent months, some shares managed to withstand the bear attack. Among the two dozen stocks, Bharat Dynamics, , , , , and , which have delivered between 15% and 80% so far in 2022, are among the broadest performers. market index, Nifty falls over 9% since January amid global slowdown equities Triggered by tightening of monetary policy by central banks, increasing commodity prices And growing concerns about a recession in the US. The Nifty mid-cap index fell nearly 13%…
Tech View: Nifty 50 bulls not ready to give up; momentum positive
[ad_1] nifty 50 It closed below the 15,800 mark on Wednesday, even though it formed a minor bullish candle on the daily chart. Analysts said the index has corrected in the last few sessions after the gap-down started, which is positive. Additionally, he noted that selling pressure is being absorbed near a major moving average. Analysts said the momentum remains positive. “In terms of levels, 15,700 is acting as key support. As long as Nifty 50 remains above 15,700 on a close basis, positive action is expected in the coming…
Auto Share: Auto likely to be in the limelight; M&M, BEML can give more than 20% returns in 3-6 months: Mehul Kothari
[ad_1] “The recent rally in auto stocks is on account of falling metal prices, improving chip availability and attractive valuations as well as adding tailwinds to the sector due to a good monsoon and expected pick-up in new launches ahead of the festive season.” Mehul Kothari – AVP – Technical Research, Anand Rathi Shares & Stock Brokers. In an interview with ETMarkets, Kothari said: “We can see Nifty moving towards the 16000 – 16200 mark in the coming weeks. But, breaking this zone will be difficult as it is a…
Aditya Birla Fashion Share: Is your shopping cart ready? Trent, Aditya Birla Fashion may give 30-50% returns
[ad_1] Recovery in the second half of 4QFY22 offsets the impact of the Omicron Covid wave. While business was affected for 35-40 days in 4QFY22, a quick recovery was witnessed in the latter half of the quarter. Sales were impacted by the start of the Omicron Covid wave in January 2022 and mid-February 2022. However, there was a strong recovery in the second half of 4QFY22 due to better footfalls and easing of restrictions. While a steady MoM recovery was observed, the revenue run-rate remained negative in March 2022 as…
Nifty Shares: Nifty will give zero returns in next 12 months, predicts top strategist at Jefferies
[ad_1] While investors may have made or lost money in select stocks over the past year, if one looks at the headline index, we are back to square one. During the last 12 months, Sensex is up only 0.7 per cent while the broader Nifty 50 is down 0.16 per cent. now India Head of global brokerage firm Jefferies Be warned that the next 12 months are not going to be different. “My view is that we should basically prepare for zero returns in the next 12 months as well,”…