Latest Updates Around The World
The Indian market ended lower on Friday, with benchmark indices Sensex and Nifty retreating from recent highs as investors turned defensive this weekend ahead of the Union Budget.By the end of the session, benchmarks had pared some losses with the Sensex down 296.59 points or 0.36% to 82,269.78, while the Nifty fell 98 points or […]
The Indian market ended higher on Thursday, with the Sensex and Nifty paring early losses after a volatile session, as investors weighed continued trading optimism against increasing caution ahead of the Union Budget this weekend.At the close, sentiment recovered with the Sensex adding 222 points, or 0.27%, to 82,566.37, and the Nifty gaining 76 points, […]
Indian stock markets continue to struggle for direction as foreign investor outflows dominate sentiment, even as underlying business performance does not appear as weak as market movements suggest. According to market expert Sandip Sabharwal, the current phase is driven more by momentum-based global asset reallocation than by deteriorating fundamentals.“Most of the active funds of foreign […]
The combined market valuation of nine of the top 10 most valued companies fell by Rs 2.51 lakh crore last week, with Reliance Industries taking the biggest hit, in line with a weak trend in equities.Last week, the BSE benchmark Sensex gained 2,032.65 points or 2.43 percent. “Markets witnessed a sharp sell-off during the week […]
Indian shares opened marginally lower on Wednesday, adding to pressure from the previous session’s sharp sell-off that dragged the Sensex and Nifty to their weakest levels in more than three months. Continued foreign fund outflows, uneven corporate profits and persistent concerns about global trade and geopolitics continued to weigh on sentiment.The BSE Sensex fell 102 […]
The Indian market closed sharply lower on Tuesday after a late morning sell-off dragged benchmark indices to their lowest levels in more than two months. At the end of the session, the BSE Sensex fell 1,065.7 points or 1.28% to close at 82,180.47, while the NSE Nifty 50 fell 353 points or 1.38% to 25,232.50. […]
Adani Power is looking to raise around Rs 7,500 crore from institutional investors through the issuance of non-convertible debentures (NCDs), people familiar with the matter told ET.The thermal energy giant is tapping the bond market at a time when investor demand for corporate bonds is high. The fundraising is expected to start in the next […]
The Indian market ended lower on Monday, with the Sensex and Nifty retreating as global trade war rhetoric returned to headlines and disappointed heavy gains at home. The BSE Sensex on Monday fell as much as 629 points intraday to touch a low of 82,941.01, while the NSE Nifty 50 fell 0.7% to an intraday […]
According to Jonathan Garner, Chief Asia & Emerging Market Strategist and Chairman of Asset Allocation at Morgan Stanley, India is in a cyclical earnings recovery that could see it outperform most emerging markets over the next two years, even as concerns about valuations and foreign investor outflows persist.Speaking to ET Now, Garner said India’s earnings […]
The focus on bank earnings has sharpened this quarter around balance sheet strength, return ratios and sustainability of growth, with HDFC Bank and ICICI Bank firmly in the spotlight. In an interaction with ET Now, Dnyanada Vaidya of Axis Securities shared her assessment of credit growth, deposit mobilization, profitability metrics and valuation trends among large […]
