Sensex Today | Share Market Updates: FIIs on Monday sold stocks of Indian companies resulting in a net outflow of ₹549.37 crore, according to NSE data. DIIs bought equities resulting in an inflow of ₹595.70 crore, the exchange data showed. Oil held a modest advance after Saudi Arabia and Russia’sRead More →
Investors have shown confidence in the US stock market after a month-long selloff. The relationship between stocks and bonds has been a tight one in recent months, with equities falling as Treasury yield climbed to a 16-year high. Higher yields offer investment competition to stocks while also raising the costRead More →
Sensex Today | Share Market Updates: Infosys Ltd and HCL Technologies Ltd on Thursday said their 2023-24 revenue growth will be weaker than their earlier forecasts as their large foreign clients tighten purse strings amid economic uncertainties. India’s economy received a dual boost as retail inflation cooled in September, retreatingRead More →
Sensex Today | Share Market Updates: Retail inflation declined to 6.83% in August after touching a 15-month high of 7.44 per cent in July, mainly due to softening prices of vegetables, but still remains above the RBI’s comfort zone. The overall inflation in the food basket stood at 9.94 perRead More →
Sensex Today | Share Market Updates: Indian stock markets extended their gains for the second trading session on Monday on encouraging domestic macroeconomic data and on hopes of a rate hike pause by the US Federal Reserve. Intense buying in IT and commodity stocks also bolstered the market sentiment. EuropeanRead More →
Sensex Today | Share Market Updates: The MPC, as widely expected, maintained the status quo on policy actions, voting unanimously to hold the repo rate at 6.5%. The stance remained “focused on withdrawal of accommodation”. On liquidity management, the instrumentality of the 10% incremental CRR was a bit of aRead More →
Share Market Updates: Asian markets are likely to be subdued Wednesday as investors await the Federal Reserve’s rate decision, with equity futures for the region mixed and currencies holding to narrow ranges. With the U.S. central bank on track for another 25-basis point interest rate hike on Wednesday, policymakers faceRead More →
For the second session in a row, FIIs sold shares of Indian companies for ₹82.96 crore on Monday. On the other hand, for the second straight day, DIIs bought shares for ₹934.87 crore. The Nifty ended the previous session at 19,672.35, down 73 points, or 0.37%, while the Sensex concludedRead More →
After a non-stop record-breaking rally, domestic market benchmarks Sensex and Nifty snapped their six-day winning streak on Friday, July 21, dragged by strong losses in index heavyweights including Infosys, Reliance Industries, TCS and Hindustan Unilever (HUL). Shares of Infosys and HUL fell a day after their June quarter results whileRead More →
Inflation in the US will not come down as quickly as markets are currently pricing, said strategists at Goldman Sachs Group Inc, according to a report by Bloomberg. Strategists led led by Praveen Korapaty wrote in a note that investors could be assuming that a sharp deceleration in growth willRead More →
