FII flows may take a hit due to Fed’s bond tapering

FII flows may take a hit due to Fed’s bond tapering

Foreign liquidity of Indian shares may come under threat as the US Federal Reserve is gearing up to taper bond purchases faster than anticipated. Foreign institutional investors (FIIs) have been consistently dumping Indian shares for the last few months amid concerns of steep valuations and the spread of the Omicron variant of covid, which is […]

Sensex today: CLOSING BELL: RIL, banks give Sensex 620 points lift; Nifty ends at 17,167; IndusInd, Axis Bank jump up to 5% – The Economic Times

Sensex today: CLOSING BELL: RIL, banks give Sensex 620 points lift; Nifty ends at 17,167; IndusInd, Axis Bank jump up to 5% – The Economic Times

Indian equities reversed its course following recovery in global markets and strong domestic GDP data. India’s Q2 GDP recorded a growth of 8.4% as economic activity moved towards normalcy after the impact of the second wave. The 30-share pack Sensex rose 619.92 points or 1.09 per cent to close at 57,684.79. Its broader peer NSE […]

Dillard’s Stock Tumbles After UBS Sees 44% Downside

Dillard’s Stock Tumbles After UBS Sees 44% Downside

By Sam Boughedda Investing.com — Fashion retailer Dillard’s (NYSE:) has seen its shares fall in reaction to the news that UBS has initiated the stock with a sell rating, setting a price target 44% below the current share price. Analyst Mauricio Serna set the price target at $190 after Dillard’s shares finished Monday at $339.92. Heading into […]