Brazilβs inflation cooled more than expected, giving the central bank room to maintain its current pace of easing through the coming months. Official data released Friday showed prices increased 0.21% in the beginning of April from the previous month, less than all estimates in a Bloomberg survey, whose median forecast was 0.29%. Annual inflation came in at 3.77%.
Open FlipAmit Shah holds a stake in 180 listed entities, the top five holdings include Hindustan Unilever (Rs 1.4 crore), MRF (Rs 1.3 crore), Colgate-Palmolive (India) (Rs 1.1 crore) Procter & Gamble Hygiene And Health Care (Rs 0.96 crore) and ABB India (Rs 0.7 crore). These top five holdings account for Rs 5.4 crore, or nearly a third of the total listed portfolio worth Rs 17.4 crore (chart 1).
Open FlipShares of Alphabet Inc. GOOGL GOOG rose sharply in today's pre-market trading the company posted upbeat results for its first quarter. Google parent Alphabet said its first-quarter revenue increased 15% year-over-year to $80.539 billion, beating the consensus estimate of $78.594 billion. The company reported quarterly earnings of $1.89 per share, beating analyst estimates of $1.51 per share.
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