HDFC 1755 to 1796 And BANKNIFTY 21400 CE 340 to 694 Boom Boom
“With the worst of the NBFC crisis now behind for the sector especially concerning the liability side, we see strong franchises like HDFC to be key beneficiaries going forward,” said JM Financial.
BUY HDFC 1755 TRG 1770-1800-1840 SL PAID – NEAL BHAI REPORTS
Futures Decline After Fed – Asian stocks dropped with U.S. and European futures Thursday after Federal Reserve Chair Jerome Powell highlighted uncertainty about the economic rebound. The dollar advanced against major peers.
The U.S. benchmark is around 17% below its February record, but the median stock trades 28% from its peak, Goldman strategists including David Kostin wrote in a note Friday.
Lighthizer and a small team will be in Shanghai through Wednesday, according to people familiar with the plans who asked not to be identified. The meeting will involve a broad discussion of the issues outstanding and isn’t expected to yield major breakthroughs, a senior administration official said.
Gold Silver Reports (GSR) – Salzer Electronics Limited, which offers electrical solutions, on Monday signed a deal to acquire a 72.32 per cent stake in Kaycee Industries Limited in an all cash deal. Salzer will make an offer to purchase a 26 per cent additional stake from public for a total equity value of Rs 22 crores.
One of last year’s best-performing hedge funds says the “trade of the century” is to buy gold and sell stocks as risk assets are due for another meltdown.
Kim Jong Un to make announcement on US talks – GSR N.Korea is considering suspending nuclear talks with United States – TASS citing N.Korean deputy foreign minister
Gold may extend gains as global growth slows, equity market volatility remains elevated and the Federal Reserve is expected to ease back on the pace of policy tightening this year, according to a BlackRock Inc. money manager, who says the Precious metal offers an effective hedge.