Monday 11 May 2020

Investment in Stocks

Three companies have invested in RIL: Facebook ($5.7 billion), Silver Lake Partners ($750 million), and Vista Equity Partners ($1.5 billion). That's roughly $8 billion (₹60,596.37 crores) in three weeks.

USA FED is printing a lot of dollars. This cash is in search of a good investment. So some of this cash has found its way to RIL stock.

Stocks will continue to rise in nominal terms in-spite of Covid-19 scare for the same reason.

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