Tag: investment

Budget 2019: Are the beaten-down auto and FMCG stocks good investment bets?

Source: business-standard.com The outbreak of IL&FS crisis in September 2018 and the subsequent liquidity squeeze in the system derailed the growth story of various sectors of the economy. While the auto industry continues to move in reverse gear, other consumption-related sectors such as consumer staples and FMCG (fast moving consumer goods) also seems to be

Deutsche Bank AG Makes New Investment in ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO)

Source: mayfieldrecorder.com Deutsche Bank AG purchased a new position in shares of ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 13,400 shares of the exchange traded fund’s stock, valued at approximately $178,000. Deutsche Bank AG owned approximately 0.07%