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Stockmarkets Recover, More Experts Advising Caution On Midcaps
The benchmark indices bounced back in trades on Thursday with the S&P BSE Sensex ending the day with a gain of 335 points at 73,097. The NSE Nifty 50 closed 149 points up at 22,147. Both indices swung back and forth before settling down higher
US Banking Industry Braces For Downgrades As Indian Banking Industry Gets Upgrades
A Fitch Ratings analyst has warned that the U.S. banking industry is facing the risk of sweeping rating downgrades on dozens of banks that could even include the likes of JPMorgan Chase
America Is Hit With A Ratings Downgrade
Fitch Ratings downgraded the U.S. government's credit rating, the first by a major ratings firm in more than a decade but Investors don't think Fitch's downgrade will affect the reputation or risk of American Treasury bonds
