: Latest #StockMarketNEWS by #MunafaSutra Daily Updates Money managers remain bearish as only 10 percent expect V-shape recovery

@StockMarketNEWS Tue 19 May, 2020

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Money managers remain bearish as only 10% expect V-shape recovery: BofA
Cash levels remain elevated at 5.7% compared to a 10-year average of 4.7%

Second wave of Covid-19 biggest tail risk for markets: BofA Securities
Despite the sharp recovery seen since march lows, 68 per cent of the fund managers surveyed believe that equities are in a bear market rally.

FPIs rush to exit India, withdraw .4 billion amid Covid-19 uncertainty
Foreign portfolio investors (fpis) bought net assets worth .3 billion in three months ended december 2019

Nifty PSU Bank index hits lowest level in 15 years; SBI at 4-year low
In past one month, the nifty psu bank index underperformed the market by falling 20 per cent, as compared to 3.7 per cent decline in the nifty 50 index.

Bharti Infratel hits 2-month high; stocks zooms 79% from March low
Analysts expect tenancy cancellations to taper down over the next two quarters and a much-improved gross tenancy addition to start reflecting in net tenancy additions

ONGC, Oil India, Petronet LNG jump up to 7% amid steady rise in oil prices
Oil prices jumped on monday to their highest in over two months.

Maruti Suzuki gains 3% as it sells 5,000 cars after relaxation in lockdown
On monday, the car manufacturer resumed operations at its gurugram plant in haryana after about 55 days of closure because of the coronavirus-led lockdown

Oil jumps to two-month high on easing lockdowns, positive vaccine results
In the first half of may, opec+ has cut oil exports sharply, companies that track the shipments said, suggesting a strong start in complying with a new
production cut agreement

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