Indian shares closed solidly higher on Monday, with the Sensex and Nifty extending their winning streak to a sixth straight session, while investors welcomed new support measures from the Reserve Bank of India for exporters hit by recent tariff disruptions. Financial stocks led the advance, with sentiment further boosted by improving second-quarter earnings expectations.The S&P […]
Indian benchmark indices Nifty and the BSE Sensex closed with a weekly decline of 0.9%, due to selling pressure in IT and consumer stocks. When stock markets resume trading on Monday, a host of major domestic and global events are likely to have an impact during the holiday week. On Friday, Nifty closed 17.40 points […]
After coming within touching distance of a fresh record, the Nifty is down over 2% from its peak as uncertainty over the India-US trade deal, fading hopes of a US Federal Reserve rate cut in December and periodic FII selling have dampened investor sentiment. However, analysts believe the ongoing pullback is a healthy consolidation within […]