Share this via
A sudden bout of FII selling took down markets last week. The US-India trade deal, which was looking imminent, seems to be stalling with the US trying to give no quarters, while the Indian side is refusing to cow down to demands on agri and dairy imports. In the quarterly results out so far, IT companies have been delivering rude shocks for the April-June quarter. Private banks have returned to double-digit profit growth, but with an uptick in non-performing assets. While the bellwether indices have struggled to rise, mid-cap and small-cap stocks have been notching up healthy gains lately. It remains to be seen whether this optimism is justified by their earnings reports.
The 18th group of Shri Amarnath Yatra pilgrims has departed for the holy cave. A total of 4,388 devotees left from Jammu in two batches. One batch went to Baltal, and the other proceeded with 2,815 pilgrims. The annual pilgrimage began ...more
Get over your FOMO of knowing what's happening. Never miss what matters to you!
