“There is a high probability that we might have a surplus during the year and currency stability has also been a lot more better. And growth expectations, even the reiteration of growth, which could probably be over 7% by the Reserve Bank of India governor himself, I think goes to show that overall things are … Read more
Mumbai: Investors must brace for limited gains in shares of metal and mining companies as earnings could come under pressure in the coming quarters on weakening prices, said analysts. With Chinese steelmakers flooding the global market, analysts expect prices to be under pressure for now. , , , and remain top picks though analysts warn … Read more
All of a sudden, the market’s back in “good-news-is-bad-news” mode. Any positive readings on the economy, particularly those on employment and inflation, can be interpreted as signals that the Federal Reserve will have to stay aggressive with its rate hiking regime. Anthony Saglimbene, global market strategist at Ameriprise Financial, joins this week’s “What Goes Up” … Read more