Indian share markets open flat; telecom & IT stocks in focus

Indian share markets open flat; telecom & IT stocks in focus

The Hang Seng is down 0.7%, while the Shanghai Composite is trading on a flat note. Japan’s Nikkei is up 0.5%. US stock markets ended mixed with the Nasdaq edging higher to record highs, as investors balanced worries about the slowing pace of economic recovery with expectations that the Federal Reserve will maintain its accommodative […]

Sensex begins week by breaking another record

Sensex begins week by breaking another record

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. The […]

Top banker tells rich Indians to load up on foreign stocks

Top banker tells rich Indians to load up on foreign stocks

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 Srikanth […]

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

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 apple […]

Stocks extend rally, Sensex crosses 58k

Stocks extend rally, Sensex crosses 58k

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 was […]