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 […]