Latest Updates Around The World
The Benchmark Indices of India, the Nifty and Sensex, broke an eight-day losing series, powered by profits in private banks, car and in stock. The Nifty rose 225.20 points, or 0.92%, to close to 24,836.30, while the Sesex 715.69 points or 0.89%added, which settled at 80,983.31. Indian stock markets remain closed today for Dussehra and […]
The Indian market ended lower on Friday, with the SENSEX and Nifty breaking a three -day winning series that was stimulated by the hope of interest rates of the US Federal Reserve and progress in trade discussions between New Delhi and Washington. The S&P BSE SENSEX fell 387.73 points, or 0.47%, to close to 82,626.23, […]
The RBI has stayed on the sidelines, without visible intervention to support the currency Photocredit: Prakash Singh The rupid hit a low point on Thursday, weighed by the demand for dollars of oil and defense companies for import payments, even if the concern about the steep rates of the US remains on the Indian export […]
Mihir VoraCIO, Trust MFsuggests that the market sentiment is careful optimistic and a recent recovery of the dollar as a technical leap notice, not a structural shift. Although the FII inflow in India is expected to continue to exist on uncertainties, domestic growth indicators, in particular bank credit, must improve to support a GDP growth […]
