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Market News

Location American Market News for 20 June 2021
AiHuiShou Gains 23% On Nasdaq Debut, Enriching China's JD.com Investors eye continuing economic recovery from pandemic
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Facebook, Alphabet Keep Rising; Apple, Netflix Fade

Wall Street Journal - 20 Jun 2021 11:33
The so-called FAANG stocks and their lofty valuations are being reconsidered by investors after their synchronized rise last year amid the pandemic.
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These 5%+ Dividends Are My Top Far too many investors think inflation is bad news for closed-end funds...
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Why Indian HNIs eye homes in Dubai, London, New York

livemint.com - 20 Jun 2021 22:30
Why Indian HNIs eye homes in Dubai, London, New York The second wave has been a catalyst for Indian HNIs to plan a second home overseas
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PF accounts earn interest till retirement age

livemint.com - 20 Jun 2021 22:14
PF accounts earn interest till retirement age In case income from trading in stocks or derivatives is considered as business income, the income tax return form applicable to you will be either ITR-3 or ITR-4 (depending on satisfaction of all the other conditions)
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Invest with care in small finance banks as they also cut rates Most of these banks are still attractive if a depositor wants to open an FD for a short term
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Buying property from an NRI is not as simple as it might seem Tax compliances and calculations in property deals involving NRI sellers are more complex than in regular ones
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'To The Moon,' Part 5: The Comedown

Wall Street Journal - 20 Jun 2021 16:29
On our final episode, we follow the GameStop rocket ship as it returns to Earth, and we learn how the traders who poured their money into the stock fared--and why they don't want to quit trading.
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Did The Fed Policy Shift Destroy The Reflation Trade? Trades that benefit from higher inflation made a sudden U-turn following the hawkish announcement from the federal reserve last week.
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Here is how SBI account holders can stop cheque payment online and offline SBI account holders can also make use of the SBI YONO or SBI YONO Lite app to stop the cheque payment
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The Fed Despite Chair Powell's reiteration at the post-meeting press conference that the dot-plot represents individual member views, not the Fed's view, and that the Fed still views the current uptick in inflation metrics as "t...
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