"In the ancillary space we like Minda Industries given its constant penchant to increase content per vehicle and its presence in new-age technology products. In the prevailing times, the focus should be on picking up businesses that are capital efficient in nature and possesses healthy balance sheet strength (low debt) with a history of generating positive Cash flow from operations," he said. … [Read more...] about July auto sales signal recovery: Should you buy stocks from the sector?
Stock market shares to buy
Friction between the world’s top two economies took a back seat in the first half of 2020 as the COVID-19 pandemic crushed global growth, and an escalation now would hamper the recovery of some exporters and importers and fan fears of a deeper economic slump. … [Read more...] about US STOCKS-Wall St set to dip as U.S.-China tensions heat up over TikTok
Aug 4 (Reuters) - The S&P 500 and Dow were subdued on Tuesday as Sino-U.S. tensions escalated following President Donald Trump’s moves to force a sale of TikTok’s U.S. operations, with investors also disappointed by quarterly results from Ralph Lauren and AIG. … [Read more...] about US STOCKS-Escalating Sino-U.S. tensions strain S&P 500, Dow
Aug 4 (Reuters) - The S&P 500 and Dow edged higher on Tuesday as investors held out for more U.S. government stimulus, but an escalation in Sino-U.S. tensions over TikTok and disappointing quarterly earnings from Ralph Lauren and AIG capped gains. … [Read more...] about US STOCKS-S&P 500, Dow grind higher with stimulus in focus
Aug 4 (Reuters) - The S&P 500 and Dow crept higher on Tuesday as investors held out for more U.S. government stimulus, but strained Sino-U.S. relations over TikTok and disappointing quarterly earnings from Ralph Lauren and AIG curbed gains. … [Read more...] about US STOCKS-S&P 500, Dow drift higher as investors eye stimulus
State-owned SAIL on Tuesday said its total sales grew by about 50 per cent on year to 15.83 lakh tonnes (LT) during July 2020. The company had registered sale of 10.59 LT steel during the same month last year, Steel Authority of India Ltd (SAIL) said in a statement. … [Read more...] about Stocks in focus on August 5, 2020