After three days of strong technical pullback, the domestic equity market spent the second day consolidating with an inherently positive bias on Friday. On the last trading day of the week, headline index Nifty opened on a modestly negative note, but soon crawled in the positive territory for a brief moment. As the selling pressure … Read more
NEW DELHI: Investment guru Jim Rogers says central banks globally would come to the market rescue if things go downhill from here on. Rogers said when things start shaking for a while, central bankers panic and they would do anything they can to save the bubble, the bull market and prosperity. “If something causes the … Read more
MUMBAI: The domestic equity market ended another week of lackluster trading as the benchmarks slid around 2 per cent each despite a more than 1 per cent surge in today’s session. “The current correction can be metaphorically compared to the steady process of releasing steam from a pressure cooker in order to let the food … Read more
MUMBAI: After a lacklustre week, market participants are gearing up for another week of likely correction as investors may continue booking profits in the wake of rising concerns over overheating in domestic and global stock markets. In the previous week, Nifty50 and Sensex ended with losses of over 1 per cent with banks leading the … Read more