Latest Updates Around The World
Brokers broadly pointed to strong payout momentum and improvement in margins, while citing higher credit costs as one of the key factors to monitor. | Photo credit: iStockphoto Shares of Cholamandalam Investment and Finance Company rose 9 percent in early trade after the lender reported a steady set of numbers for the December quarter and […]
The Indian market ended higher on Friday, with the Sensex and Nifty supported by a firmer rupee and an improving global environment, as investors bet on further interest rate cuts by the US Federal Reserve early next year.The benchmark Sensex climbed 638 points or 0.75% to close at 85,567.48, while the Nifty 50 rose 206 […]
Motilal Oswal Financial Services has identified 30 companies that it believes could benefit most as India enters its next multi-decade growth era. The broker expects India’s gross domestic product to rise from $4 trillion today to over $16 trillion by 2042, driven by steady domestic demand, a young demographic, rising productivity and a sustained investment […]
India’s benchmark Nifty ended with cuts on Friday due to selling pressure in key sectors such as banking, auto and IT. Commenting on the current outlook, Rupak De, Senior Technical Analyst at LKP Securities, said Nifty remained weak during the session as traders continued to book profits. “On the downside, it fell below the initial […]
