Mumbai : Caution ahead of the RBI’s monetary policy review, along with negative macro-economic data point, depressed the key Indian equity indices on Tuesday. According to market observers, heavy selling pressure was witnessed in the capital goods, consumer durables and ...
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Feed SubscriptionCaution over monetary policy review pulls equity market lower
Mumbai : The key indices of the Indian equity market — S&P BSE Sensex and NSE Nifty50 — ended in the negative territory on Monday after a volatile trade session. According to market observers, both the key indices had gained ...
Read More »German group chalks out 100mn euros investment in India
Chennai : German consumer durable major BSH Hausgerate GmbH will invest about 100 million euros in India for a new refrigerator plant and also towards expansion, technology, marketing and brand building, said a senior company official. “Over the next four ...
Read More »Rates, rupee and rains to guide equity investors’ sentiments (Market Outlook)
By Rohit Vaid, Mumbai : The Reserve Bank of India’s (RBI) second monetary policy review for 2018-19, combined with the direction of foreign fund flows and global crude oil prices are expected to set the course for the key equity ...
Read More »Higher GDP, predictions of normal monsoon lift Indian equities (Market Review)
By Rituraj Baruah, Mumbai : A healthy rise in the country’s GDP, along with predictions of a normal monsoon and easing crude oil prices fuelled a nearly one per cent rise in the key Indian equity indices during the just ...
Read More »Petrol-diesel prices down 9 paise on lower crude cost, stronger rupee
New Delhi : Lower global crude oil cost, along with a strengthened rupee, pulled the prices of key transportation fuel — petrol and diesel — down by around nine paise in the four metro cities. On Saturday, Brent crude oil ...
Read More »Expectations of higher GDP growth lift equity indices
Mumbai : The key Indian equity indices surged over one per cent on Thursday over expectations of a higher gross domestic product (GDP) growth rate and predictions of a normal southwest monsoon. According to market analysts, lower crude oil prices ...
Read More »Unions blame IBA for impacting Rs 43K cr of transactions during strike
Chennai : The unions in the banking sector are squarely blaming the Indian Banks’ Association (IBA) for forcing them to resort to a strike that entered the second and last day on Thursday. “It is the IBA which has put ...
Read More »Government has no role in fuel price fixation: Oil Minister
New Delhi : With opposition parties mocking the one paisa cut in the prices of petroleum products, Petroleum Minister Dharmendra Pradhan on Wednesday said the prices are decided by the oil companies and the government has no role in it. ...
Read More »Global cues, profit booking depress equity indices
Mumbai : Broadly negative global cues, along with persistent selling by foreign investors and profit booking subdued the Indian equity indices on Tuesday. According to market observers, a depreciation in the rupee and a slight rise in global crude oil ...
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