Next week will see one of the busiest times of the year for India’s primary market, with 11 subscription IPOs in the motherboard and SMB segments. Together, the issuances scheduled for December 8 to 17 will raise about Rs 13,807 crore, including the much-awaited IPO of ICICI Prudential Asset Management, the dates of which are […]
The dollar was on track for its best week in more than a month on Friday as investors bet the Federal Reserve is unlikely to cut interest rates next month, with the case for further easing made no clearer by a confusing US jobs report. The yen briefly shot higher on Friday after Japanese Finance […]
Stock markets fell on Tuesday as investors booked profits following the recent recovery, reflecting weak global sentiment. Expectations about an interest rate cut by the US Fed in December have diminished, which is weighing on sentiment. Looking ahead, analysts said progress on the Indo-US trade deal and a strengthening domestic earnings outlook could revive confidence […]
Nifty ended higher on Monday to close above 26,000 points amid optimism among investors as second quarter corporate earnings closed on a healthy note. Analysts expect the market to witness a sustained rise, driven by improving earnings momentum, strong domestic macros and stable policy support.STATE OF THE MARKETSGIFT Nifty (earlier SGX Nifty) signals a muted […]
The Indian market ended higher on Monday, driven by banking and financial heavyweights after lenders had posted a strong quarterly loan growth, while the Sharing site won before the upcoming winning streases. The S&P BSE Sensex rose 582.95 points, or 0.72%, to end at 81,790.12, while the NSE Nifty 50 Advanced 183.40 points, or 0.74%, […]
Indian Benchmark Indices Sensex and Nifty closed in the Green on Monday, eliminated by car and metal shares, as optimism about major GST taxing and China’s steel reforms, sentiment supported the expectations of a federal reserve rate that will leave this month. The S&P BSE SENSEX added 76.54 points, or 0.09%, to end at 80,787.30, […]