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Dow Jones gains, Nasdaq hits record high as holiday shopping begins November 28th, 2020 11:27
The Nasdaq outperformed as investors favored tech-related, market-leading stocks that have fared well during the pandemic, while economically sensitive cyclical stocks weighed.

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Delhi High Court stays RBI's show cause notice to UVARCL November 28th, 2020 11:27
The Delhi High Court on Friday stayed a Reserve Bank of India notice warning of possible cancellation of UV Asset Reconstruction Company Ltd’s (UVARCL) registration, over what the central bank termed an illegal bankruptcy resolution proposal moved by the ARC for telecom firm Aircel.

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Kalpataru buys back shares worth Rs 142.68 cr November 28th, 2020 11:27
The company had announced to buy back its equity shares from the open market through the stock exchange mechanism, for an aggregate amount not exceeding Rs 200 crore.

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OPEC+ panel's informal online talks postponed to Sunday: Source November 28th, 2020 11:27
OPEC+ is debating whether to ease oil output cuts from Jan. 1, as it previously agreed, or to continue producing at the same rate amid sluggish oil demand and the fallout from the coronavirus pandemic.

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Gold dives below $1,800 on optimism for economic recovery November 28th, 2020 11:27
Spot gold slid 1.4% to $1,785.11 per ounce by 11:43 a.m EDT (1643 GMT), earlier falling to its lowest since July 6 at $1,773.10 an ounce.

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Tesla, Nikola, Nio and Fisker: Electric carmakers are in a stock market bubble November 28th, 2020 11:27
Tesla’s market value soared past $540 billion this week — equivalent to 250 times its expected earnings this year — meaning it’s now the world’s 10th-most valuable listed business, according to Bloomberg data.

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Bitcoin extends decline after biggest slump since pandemic hit November 28th, 2020 11:27
Crypto believers tout a broadening investor base and the search for a hedge against dollar weakness as reasons for a durable boom. Critics point to a history of big swings, including a spectacular boom and bust three years ago.

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Wall St Week Ahead-COVID-19 vaccine adoption rates are "wildcard" for U.S. stock rally November 28th, 2020 11:27
"To be certain that the world will be back to normal by mid-next year because a vaccine is available is an aggressive assumption," said David Albrycht, chief investment officer at Newfleet Asset Management.

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Ride the tide with caution. Bull run is likely to slow down now November 28th, 2020 11:27
If one were to consider the market in its entirety (FPI + DII), it is inching higher on account of liquidity. However, the momentum is likely to continue only till something unpleasant shakes up the world economy and triggers a correction.

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US imposes sanctions on Russian and Chinese companies for supporting Iranian missile programme November 28th, 2020 11:27
The announcement was made on Friday as the US continues to take tough measures against Iran for continuing their activities related to nuclear arms.

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