NEW DELHI: Markets remained volatile last week but managed to end marginally higher, taking comfort from global indices. The beginning was downbeat but the mood changed in the final sessions, thanks to a sharp recovery in the US indices. Consequently, the benchmark indices, both Nifty and Sensex, erased their losses and ended higher to close … Read more
New Delhi: Domestic equity markets ended the week with mild gains, thanks to a strong pull back on Friday. The merger of HDFC twins boosted the morale on Monday, but markets remained volatile mid week. The hawkish commentary from the Fed, rising inflation, spike in bond yields and tension between Russia and Ukraine kept the … Read more
NEW DELHI: The broader sentiment continues to be directionless as retail investors and FIIs turned prudent over better asset class opportunities other than equities in India and globally. This cautiousness is not new to D-Street and markets have been more or less tepid since the beginning of November. Amongst sectors, BSE IT was the biggest … Read more
New Delhi: Bulls lost momentum during the holiday-trimmed week as domestic equity benchmark indices settled lower during the week, thanks to profit booking after a good start at the beginning of the week. Both Sensex and Nifty touched their fresh record high levels of 56,118.57 and 16,701.85, respectively, but settled about half a per cent … Read more