SynopsisRealty and IT stocks were the darlings of investors throughout the week. A plunging rupee and stellar numbers from Accenture have made IT stocks more attractive while real estate sectors are in a structural rally.AgenciesNEW DELHI: Despite a sharp plunge on Monday, a pullback rally during the week resulted in a flat weekly close for…Continue Reading
European stocks inched higher on Wednesday after marking their strongest two-day gain in more than a year, with defensive stocks rising as investors weighed the effectiveness of existing vaccines against the Omicron coronavirus variant. After jumping 3.8 per cent over the past two days, the region-wide STOXX 600 index nudged 0.1 per cent higher in…Continue Reading
Paramilitary personnel keep vigil on a street in Srinagar NEW DELHI: A national risk assessment (NRA) is currently under way in which central agencies, including the Reserve Bank of India, have been tasked with evaluating sectors that are vulnerable to money laundering and terror financing. The exercise has begun just ahead of the India’s mutual…Continue Reading