Indian benchmark equity indices NSE Nifty and BSE Sensex closed in the green as RBI MPC announced 25 bps repo rate hike. Nifty 50 advanced 150 points or 0.85% to 17,871.7 while Sensex closed 377.75 points higher at 60,663. The broader markets and sectoral indices all closed in the green as volatility gauge, India VIX, […]
By Bhavik Patel Economic impact of rising interest rates is keeping prices of crude under check. Strike in France, drop in US inventory and some pullback in US dollar have stopped the prices from sliding but near term impact of crude prices will be on the direction of US dollar. 14th March US inflation number […]
The domestic indices are likely to open in the red, as hinted by the SGX Nifty on Friday. Nifty futures are trading at 17,061.5, lower by 22 points on the Singaporean exchange. On Thursday, the markets snapped a two-day gaining streak, as Nifty gave up the 17,100 level, closing lower by 0.44% at 17,076.9. Sensex […]
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