[ad_1] New Delhi: Despite the recent fall, both the US market and the broader market in India are in the grip of a strong bearish downturn. nifty However, it is underperforming as the headline index is still around 1,000 points away from entering the much-awaited bear territory. With global interest rates hiked by central banks, inflation concerns are now turning into a recession. A mid-year survey of a dozen brokerages by ETMarkets shows that many analysts are not ruling out a further drop of 5-10 per cent within calendar year…
Tag: Outlook
Markets: Market outlook uncertain, stocks with high dividend yields seen as best bets
[ad_1] Mumbai: Analysts Are recommending stocks of companies with high Dividend Returns amid recent equity sell-off Market, shares such as , Corp, Power Finance Corp, and is currently trading at a dividend yield of between 10% and 20%. “Our analysis indicates that high dividend yielding companies, especially in the oil and gas, power and energy sectors, outperformed the benchmark Nifty by over 24% with an average stock price appreciation of 4.8% and a gain of 12.9% so far this year. Has outperformed with higher dividend yield. Nifty index declined by…
Federal Budget Outlook, Booming Revenue, and Another Attempt at a State Tax Cut
[ad_1] CBO: The deficit will fall sharply this year, then rise again by 2024. Thanks to a booming economy, big increases in tax revenue, and end-of-pandemic relief, the federal budget deficit will shrink from $2.8 trillion to nearly $1 trillion in 2021, According to the Congressional Budget Office’s Annual Budget and Economic Outlook out tomorrow. But the relief will be temporary, with the deficit widening again by 2024 and remaining through the 10-year budget window. And the tax revenue is flowing, for now, The CBO expects revenue to grow 19…