comparemela.com

Latest Breaking News On - ஹிந்துஸ்தான் யூனிலீவர் லிமிடெட் - Page 23 : comparemela.com

Daily Market Commentary - May 3, 2021 - Bonanza Portfolio

Daily Market Commentary - May 3, 2021 - Bonanza Portfolio
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

Inflation Haunts Stock Traders in Blockbuster Earnings Season

Publishing date: May 02, 2021  •  2 hours ago  •  4 minute read  •  Article content (Bloomberg) Overflowing cargo ships, snarled production lines, copper above $10,000 and a start to earnings season that’s smashing records. As developed economies reopen and the newly vaccinated embrace their pre-Covid ways, the global rebound is proving vigorous but messy. For equity investors, the most pressing question is whether the return of inflation spoils returns and eats into corporate profits. We apologize, but this video has failed to load. Try refreshing your browser, or Inflation Haunts Stock Traders in Blockbuster Earnings Season Back to video Accelerating prices and fears the U.S. Federal Reserve will tighten policy to tame them top the list of money-managers’ concerns, according to Bank of America Corp.’s monthly investor survey. Almost half of those polled by UBS AG predict inflation will quicken over the coming three years.

Sensex crashes as financials, consumer oods drag; Reliance slips ahead of earnings

FMCG stocks slide

FMCG stocks were trading with losses, with the S&P BSE FMCG Sector index decreasing 119.12 points or 0.94% at 12515.36 at 13:49 IST. Among the components of the S&P BSE FMCG Sector index, Agro Tech Foods Ltd (down 4.57%), Hindustan Unilever Ltd (down 2.59%),Avanti Feeds Ltd (down 2.19%),Associated Alcohols & Breweries Ltd (down 1.93%),Bombay Burmah Trading Corporation Ltd (down 1.82%), were the top losers. Among the other losers were Advanced Enzyme Technologies Ltd (down 1.67%), AVT Natural Products Ltd (down 1.64%), Jyothy Labs Ltd (down 1.62%), L T Foods Ltd (down 1.36%), and Emami Ltd (down 1.31%). On the other hand, Uttam Sugar Mills Ltd (up 10.59%), EID Parry (India) Ltd (up 8.32%), and Shree Renuka Sugars Ltd (up 7.4%) turned up.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.