US markets closed 260 points SGX Nifty indicate a negative opening for the index in India with a 79 points loss. Wholesale price Index (WPI)-based inflation, which in April touched an 11-year high of 10.49 percent, is expected to remain high in the coming months due to a low-base effect and sustained high commodity prices […]
US markets recovered from lows as investor bet on Cyclical stocks SGX Nifty indicating a gap-up of 150 points Foreign institutional investors (FIIs) net sold shares worth Rs 2,255.84 crore, while domestic institutional investors (DIIs) net bought shares worth Rs 1,948.48 crore India Covid cases falls below 3 lakhs boost sentiments Tata Motors will be[…..]
US markets closed higher in a broad rally, an upbeat conclusion to whipsaw week of buying and selling as signs of a rebounding economy squared off against mounting inflation jitters. The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India[…..]
US markets were very volatile. Both Wednesday and Thursday, SGX Nifty broke 14500, low being 14456 But yesterday, US markets recovered almost half of the losses. Now SGX Nifty is down just 20, 30 points. Both Wednesday and Thursday, both FIIs and DIIs were net sellers. Together they have sold for Rs 3000 crores in[…..]