Sensex begins week by breaking another record

Sensex begins week by breaking another record

[ad_1] Domestic stock markets on Monday gained further on strong global cues and hopes of economic normalisation in the country. Led by Reliance Industries shares, the benchmark Sensex jumped another 167 points, or 0.29 per cent, to an all-time peak of 58,296.91 and the Nifty50 gained 54 points, or or 0.31 per cent, to 17,377.80. […]

Top banker tells rich Indians to load up on foreign stocks

Top banker tells rich Indians to load up on foreign stocks

[ad_1] The top private banker to India’s wealthiest is advising its clients to load up on overseas equities as a softening of rules makes it easier to access higher returns available in other parts of the world.  “The returns offered by some overseas markets are higher than what investors can get from Indian equities,” said […]

Equity beats other asset classes as markets scale new highs | Ahmedabad News – Times of India

Equity beats other asset classes as markets scale new highs | Ahmedabad News – Times of India

[ad_1] Economic growth picked up pace in 2021, despite a sinister second wave of Covid-19, which temporarily slowed the pace of commercial activity and industrial output. Notwithstanding the challenges, Indian equity markets scaled record high levels through the year assuring handsome returns to investors in equities and equity-based mutual funds. Unlike gold, which was the […]

Stocks extend rally, Sensex crosses 58k

Stocks extend rally, Sensex crosses 58k

[ad_1] Stock markets soared to another record on Friday amid widespread investor optimism after the August services PMI rose to its highest in 18 months. The BSE Sensex closed above 58,000 for the first time, with the 30-share index gaining 277.41 points, or 0.48%, to 58,129.95. The Nifty rose 0.52% to 17,323.60. The stocks’ performance […]

August  sees  highest IPO filings in 17 years

August  sees  highest IPO filings in 17 years

[ad_1] India’s markets regulator faced one of its busiest months in August as a record 29 companies filed draft prospectuses for public listings, underscoring the ongoing frenzy in India Inc. to exploit a runaway rally in equity markets. This was the highest tally in a single month in the past 17 years, the period for […]