[ad_1] NEW DELHI: The first tranche of the Rs 20 lakh crore stimulus released by Finance Minister Nirmala Sitharaman on Wednesday did not raise market sentiment on Thursday. Analysts said the package had more to do with solving supply-side problems than with demand-side problems. They don’t expect the Rs 6 …
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[ad_1] NEW DELHI: Vedanta shares traded largely unchanged in a strong market on Wednesday. Parent company Vedanta Resources (VRL) announced Tuesday plans to remove metal and mining stocks from Indian fields. The company set the target price at Rs 87.50, down 2 percent from Tuesday’s closing price of Rs 89.30. …
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[ad_1] NEW DELHI: Is Buffett’s indicator sending a false alarm? Analysts feel that way. The market capitalization to GDP ratio, also known as the Buffett indicator, for India has breached its Global Financial Crisis (GFC) low of 56, and is now trading just above the 2005 level of 52. Named …
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