Jefferies said it will be “impossible” for large global investors to ignore the country New Delhi: India’s GDP is likely to touch $5 trillion over the next four years and will overtake Japan and Germany to become the third largest economy by 2027, Jefferies said on Wednesday. In a note, the investment banking company said …
Indian IT stocks faced a downturn in today’s trading session due to higher-than-anticipated US consumer inflation data released yesterday, raising concerns about the Federal Reserve’s ability to implement multiple rate cuts this year, which had been a crucial aspect of the bullish sentiment in the equity market. Inflation in the US softened to 3.1% on …
Stock market today: India equity benchmark indices, BSE Sensex and Nifty50, witnessed a strong rally today continuing the bull run in the last week of the year. The market rally was led by banking, auto and IT stocks. BSE Sensex closed the day at an all time high of 72,038.43, up 700 points or 0.98%. …