Indian stock market: The domestic equity market indices are expected to open on a muted note Tuesday amid mixed cues from global markets. Asian markets traded mostly higher, while the US stock market ended mixed overnight as investors await key economic data this week, especially consumer prices, to gauge the outlook for US Federal Reserve …
Indian stock market opened July on a spectacular note and achieved its longest winning streak since December 2023 amid the relentless bullish rally powered by the return of foreign funds and investor sentiments stabilising over Modi 3.0 coming to power. Bulls seem to have tightened their grip on Indian markets ahead of Union Budget 2024, …
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open higher on Thursday following positive cues from global peers. Asian markets traded higher, while the US stocks ended mostly in the green after the US Federal Reserve policy decision and inflation data. The US central bank kept interest rates …
Indian stock markets witnessed a roller coaster ride with the onset of June 2024 as frontline indices swung sharply in both directions due to the exit polls predictions and the surprise outcome of the Lok Sabha election results 2024. Domestic equity benchmarks recorded the biggest weekly gain of 2024 after a volatile week. The indices …
Market participants and investors will look out for several stock market triggers in the second week of the March, when the focus will shift to crucial economic data, electoral announcements ahead of General Elections 2024, foreign capital inflow and global cues. The domestic equity benchmarks witnessed a volatile week but extended their winning streak for …
Domestic equity benchmarks BSE Sensex and Nifty 50 logged weekly losses but ended the week higher supported by banks. On the sectoral front, indices gave a mixed performance with PSU bank rising the most becoming the top performer and the FMCG sector declined the most. Markets traded lackluster in a range and settled with a …
While maintaining the stance of “withdrawal of accommodation”, RBI Governor Shaktikanta Das highlighted that stance should be seen in the context of “incomplete transmission and inflation ruling above the target of 4% and our efforts to bring it back to the target on a durable basis.” The RBI governor reiterated its commitment to remain vigilant …
Economists said that the retail inflation based on the Consumer Price Index (CPI), in November 2023 increased to 5.55 per cent, far from the RBI’s medium-term target level of 4 per cent, driven by a surge in food and beverage inflation to 8.0 per cent in November. Experts said that while the Reserve Bank of …
Image Source: FILE India Records A Low of 4.25% Retail Inflation in May According to the latest government announcement, India’s retail inflation rate declined to 4.25 percent in May, due to the drop in food and fuel prices. This figure follows April’s inflation rate of 4.7 percent and May 2022’s rate of 7.04 percent, as …