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Benchmark indices ended on a flat note amid a volatile session on Thursday. Sensex gained 44 points and Nifty rose by 20 points. BSE Sensex gained 44.42 points or 0.07 per cent to close at 61319.51. During the day, it jumped 407.16 points or 0.66 per cent to 61,682.25. The Nifty was up by 20 […]
The Indian stock markets on Wednesday ended with gains for the second consecutive day despite weak global cues. The US’s CPI inflation came above expectations raising fears of a hawkish Fed. Bond yields, too, jumped, so did the dollar index which is a concern for emerging markets. This meant that the session was extremely volatile, […]
Asian stock markets fell on Wednesday after US inflation edged down less than expected, fueling concern the Fed might think more interest rate hikes are needed. Tokyo, Shanghai, Hong Kong and Sydney declined. Oil prices retreated. Traders expect two more US rate hikes of 0.25 percentage points this year to slow business activity and hiring. […]
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Retail inflation again breached RBI’s upper tolerance limit and touched 6.52% in January, mainly due to higher prices in the food basket. Now all eyes are on the US inflation data set to be released today. Economists expect the inflation to have slowed to 6.2% in January. Adani stocks will continue to remain under the […]
Indian benchmark indices – Nifty and Sensex – ended marginally lower after lacklustre day of trade on weak global cues and some nervousness around Adani stocks. Most European markets remained lower after a drop in the US market yesterday. Mid and small cap stocks outperformed the key indices. The BSE Midcap index was flat, with […]
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Adani Group stocks ended mostly lower after a review by MSCI Inc spurred concern about passive outflows from shares. The global index provider cut the number of shares it considers freely tradable for four of the companies, a move that will cause their weightings in its indexes to drop. Meanwhile, the conglomerate has hired US […]
Global investors remain uncertain about the future course of interest rates and inflation and the negative sentiment is getting reflected in the market as Asian indices had a mixed day. Moreover, the drag in Adani stocks came back to haunt the investors after MSCI Inc said it was reviewing the number of shares linked to […]
On expected lines, RBI settled for a smaller 25 basis points repo rate hike. RBI increased the FY23 GDP growth estimate to 7% from 6.8% and expects the retail inflation to be at 5.6% in Q4. Most Adani Group firms rose in today’s session with Adani Enterprises jumping 23% and Adani Wilmar hitting the upper […]
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Benchmark indices closed lower on Tuesday as FMCG, steel, auto sector drag the market. Sensex declined 220.86 points while Nifty 50 fell by 43.10 points . BSE Sensex declined by 220.86 points or 0.37 per cent to close at 60,286.04. It moved in a range of 60,655.14 to 60,063.49 during the day. The NSE Nifty […]
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A lot of Adani companies will be declaring their quarterly earnings report today which might have an effect on investor sentiment on the group. Adani Transmission reported a healthy profit on Monday which might boost investor confidence in the group. 07 Feb 2023, 07:59:16 AM IST Rupee falls 68 paise to close at 1-month […]
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