Select pharma, metal stocks may witness more upside: Bissa

Select pharma, metal stocks may witness more upside: Bissa

Gaurav Bissa, V-P Technicals & Derivatives, , said there can be some more upside in the pharma names. But yes, one has to be selective because there are certain names which are still looking weak, like Dr Reddy’s,” says he. Excerpts from an interview: This week the market actually moved in tandem with what the […]

Fed keeps rates unchanged in a relief to stock markets

Fed keeps rates unchanged in a relief to stock markets

Stock markets heaved a sigh of relief after the US Federal Reserve indicated a continuation of its easy money policy and monthly bond purchases. The Fed’s monetary policy panel decided to keep interest rates in a range between zero and 0.25% at its latest meeting. Even though daily new coronavirus cases have roughly quadrupled since […]

Fed talk on rates, inflation may keep FIIs muted in India

Fed talk on rates, inflation may keep FIIs muted in India

MUMBAI : Foreign institutional investors (FIIs) have pumped $7.45 billion into Indian shares so far in 2021, sparking off an equity market rally, but the US Federal Open Market Committee (FOMC) review meeting on monetary policy, starting Tuesday, may alter the course. The US central bank is expected to keep key interest rates intact, but […]