Wed, Sep 13, 2023 4:45 PM
10 Best Business Bank Accounts for LLC: In-Depth Guide
A Flip by Shubhangi Gupta
Shares of liquor manufacturers have been on a bull run over the past year, delivering solid returns to investors amid positive market conditions. Leading liquor stocks have surged by up to 61% during the period. According to BSE data, United Breweries shares rose by more than 42% over the past year, while United Spirits' shares jumped nearly 54%.
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After touching a fresh peak, Nifty ended last week marginally higher as earnings, Fed meeting and election-related speculations kept investors busy. While most sectors are contributing positively except for IT, banking performance is likely to heavily influence market sentiment, analysts say. The rising VIX is indicative of potential volatility. Market can turn highly volatile in the short-run.
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Spot gold closed $2 down at $2301 in a highly volatile market Friday. US nonfarm payroll and ISM services data fell short of forecast; however, inflationary pressure continues to build up. The metal was down around 1.50% on the week. The US yields retreated on dismal US data. The ten-year US yields were down 1.95% Friday to close at 4.50%, whereas the two-year yields fell % to %
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