US GDP Climbs 2% in Q3, Missing Forecasts for Delta-Wave Growth
US economic output grew at an annualized rate of 2.0% in the third quarter, missing the average economist estimate of a 2.7% pace.
Source: businessinsider.com
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The bull ride
Read more about The bull ride on Business Standard. Retail exuberance keeps stock markets going
Source: business-standard.com
Sensex, Nifty rise on downward trend in Covid cases
The blue-chip NSE Nifty 50 index rose 0.18% to 15,611.30 by 9:15 am, while the benchmark S&P BSE Sensex climbed 0.19% to 52,026.39. Both the indexes closed 1% higher on Monday, building upon gains posted last week.
Source: indiatoday.in
Sensex, Nifty extend rally as Covid cases fall; GDP data awaited
The blue-chip NSE Nifty 50 index rose 0.95% to 15,582.80 at close, while the benchmark S&P BSE Sensex climbed 1% to 51,937.44. The
Source: indiatoday.in
Indian economy contracts 7.3%, Q4 GDP grows 1.6%
In the first quarter, the Indian economy contracted 24.4 percent due to COVID-19 forced lockdown, and that heavily affected the manufacturing of essential goods and provision of essential services. With ease in lockdown from June 8, the scenario remained bleak as several service sector industries were shut down.
Source: india.com