The SGX Nifty is at 15,721.20, down 40.10 points. The Nifty has seen its worst fall in more than 2 months as weak global notes, the strong US and foreign investor ETF selling have exacerbated the weakness. Bank Nifty was the main culprit as HDFC, IndusInd, and Axis Bank fell 2% after seeing selling pressure….
Domestic markets saw a big sell-off as key indices traded in negative territory throughout the day. The bank had downgraded the second Nifty index by 7 0.7% for the second consecutive trading session, with both indices falling 2% / 1.2% respectively. Midcap shares continued to trade with gains of% 10% on shares such as BSE,…
Gold fell in Asia on Monday morning. However, concerns about the growing number of COVID-19 cases worldwide and their impact on the global economic recovery have not been met. Treasury yields caused losses to the yellow metal. Gold futures were down 0.08% at $1,813.55. The dollar, which normally moves against gold, rose on Monday, while…
Brent crude is down $ 1.08 or 1.5% Oil prices fell more than $ 1 a barrel on Monday after OPEC + group of producers agreed to overcome internal divisions and boost production, sparking some concerns about crude surpluses as covid-19 infections continue to rise in many countries. After falling nearly 3% last week, Brent…
Gold fell in Asia on Friday morning but advanced for the fourth week in a row. The U.S. has warned that any inflation will be intermittent and that the central bank will continue to support the economy. The yellow metal was elevated at the urging of Federal Reserve Chairman Jerome Powell. Gold futures were down…
Markets saw a sluggish trading day, with key indices trading in a narrow group throughout the day. Bank Nifty was down 0.4% at 4, down 0.4%. Mid-cap stocks continued to perform well with stocks such as FSL, Nippon Life & Scient, and released an intraday rally of over% 10%. The Nifty Midcap 100 index closed…
Markets saw a positive day of trading, with key indicators setting new long-term levels throughout the day. Bank Nifty surpassed the Nifty index by 3 0.3%, with both indices up 0.7% / 0.4%. Shares of Sofa Developers, Prestige Estate, DLF & Oberoi Realty Ltd closed higher by 4% as the Nifty Realty Index closed higher…
The SGX Nifty is at 15,878.20, up 20.15 points. The Nifty had a positive day after a volatile day as lost Asian markets closed in the red. It closed 1 month high again in the style of IT stocks. In fact, both public sector companies and auto saw profit bookings because IT stocks have made…
Markets saw a positive day of trading and key indices continued to see buying momentum. Nifty Bank Nifty Index 0.3%, was 0.25% higher. The Nifty ID Index closed at a record high, rising ~ 3% after Mindtree reported better-than-expected quarterly earnings, sparking a huge rally among its ID peers. Nifty Midcap 100 index closed higher…
Data showing that China’s crude imports have declined in the first half of 2021 has raised fuel demand. However, the black liquid is still close to a week high as supply concerns persist with the economic recovery from COVID-19. Brent oil futures rose 0.34% to $ 76.23 during the previous session. WTI futures were down…
