Latest Updates Around The World
Domestic benchmark indices closed sharply lower on Friday due to broad selling, with losses most pronounced in consumer, IT and energy stocks. The Nifty settled at 25,471.10, down 336 points or 1.30%, while the BSE Sensex tumbled 1,048.16 points or 1.25% to end at 82,626.76.After a successive correction, the setup for Nifty has turned relatively […]
Hedge funds sold the largest number of stocks in more than six months last week, including energy stocks, according to a client note from Goldman Sachs, while a separate note from JPMorgan highlighted a sell-off in banks. Speculators mainly sold global banks and financial services companies into the US, leaving their positioning in the sector […]
Hedge funds sold the largest number of stocks in more than six months last week, including energy stocks, according to a client note from Goldman Sachs, while a separate note from JPMorgan highlighted a sell-off in banks. Speculators mainly sold global banks and financial services companies into the US, leaving their positioning in the sector […]
The Russian oil giant PJSC Rosneft Oil Company plays in early conversations with Reliance Industries for the sale of its 49.13 percent importance in Nayara Energy, which operates an oil refinery of 20 million tons per year and 6,750 petrol pumps in India, said sources. Reliance has conducted preliminary conversations for the acquisition of Nayara, […]
