After hitting a 52-week low of 15,183.40 on June 17, Nifty bounced back last week to close near the 15,700 mark. Looking at the growth indices, we believe that it is a good entry point for long-term investors if they make strategic investments. It is imperative that investors should choose sectors with high growth potential. … Read more
It turned out to be a painful week for the investors on Dalal Street as the benchmark index Sensex lost 2,943 points. The broader Nifty50, which ended below the 15,300 mark, is now just 411 points away from entering the bear zone officially. Data shows that it was the worst week for the Nifty in … Read more
The bulls made a strong comeback this past week, with the benchmark indices recouping all the losses it made in the first three sessions to end the week on a strong note, thanks to an improvement in global sentiment and F&O related activity. Banking and auto stocks gained while metals and oil & gas stocks … Read more
Mumbai: Indian benchmark indices ended 1.6% down on Friday, posting their worst week since November, tracking a global selloff as investors expect that aggressive tightening by central banks to combat inflation may take a toll on growth. On Thursday, the Bank of England sent a stark warning that Britain risks a recession and inflation above … Read more
NEW DELHI: The domestic equity market tightly held consolidation range for the second successive week and finally ended with a cut of nearly half a per cent. Nervousness in global markets combined with a mixed start of Q4 earnings on the domestic front kept volatility high throughout the week. The new week is a holiday-shortened … Read more