Asian shares were lower on Friday as lingering banking stability concerns gripped Wall Street, while bonds bet the recent slew of rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.6%% on Friday, erasing […]
By Siddhant Mishra Indian equities slumped on Wednesday, amid the worsening Covid situation in China and a spurt of cases worldwide. The government’s directive to states to start tracking positive cases, weighed on sentiment. Sun Pharma rose 1.6%, leading the Sensex pack, with IT players HCL, Tech Mahindra, TCS, Wipro, and Infosys all closing in […]
Benchmark indices Nifty and Sensex remained in the red in the intraday trade on Monday as IT stocks continued to slide. NSE Nifty 50 fell below the crucial 17600 level and BSE Sensex below 59500. In sectoral indices, Bank Nifty rose 64 points or 0.15% to 42,196.35 while Nifty IT tanked 1,558 points or 5.5% […]