Markets closed higher for the second consecutive week, with the Nifty 50 and Sensex almost 1%won. Optimism around a possible GST revision increased sentiment early, and the momentum that was held most of the week for some profit booking in the last session Pared profits. Towards the end of the week, the Nifty was 24,870.10, […]
Foreign Institutional Investors (FIIs) continued their sales products in August, in which shares of RS 25,564 Crore were unloaded by the stock markets until 23 August. This took the total shares that Fiis sell this year until that date to RS 1.57,440 Crore, according to market data. FIIs have not only been sellers in shares, […]
Worldwide markets ended the week on a fixed memorandum, because the American Federal Reserve chairman Jerome Powell indicates that the central bank remains open to lowering interest rates in the short term, which increased the hope for one step in September. His comments on the Jackson Hole symposium lifted the sentiment over Wall Street, with […]
Investors welcomed the Federal Reserve chairman Jerome’s Jackson Hole address, which gave a green light to buy risky assets on the hope that the central bank is ready to lower rates, but his Dovish Boodschap names with a warning because they see a risk of stagflation and care markets are. In his last address as […]