Indian stock market: The domestic equity indices, Sensex and Nifty 50, are expected to open higher on Monday tracking positive global market cues. Asian markets traded higher, while the US markets ended the March quarter on a stronger note led by a rally in technology stocks. With the beginning of a new financial year, Investors … Read more
The US gross domestic product (GDP) grew at a 3.4 per cent annualized rate in the fourth quarter (October-December 2023), up from 3.2 per cent estimates a month ago. Higher estimates of consumer spending, exports and business investment supported the economy during the quarter-under-review. ‘’The update primarily reflected upward revisions to consumer spending and non-residential … Read more
The Indian stock market indices are likely to open on a tepid note following weak global cues. Asian markets traded lower while US markets ended mixed overnight after the release of better than expected US GDP data. On Wednesday, the domestic indices ended with strong gains led by gains in IT, banks and auto stocks. … Read more
The Indian stock market indices, Nifty 50 and Sensex, are expected to open on a weak note Friday tracking mixed cues from global peers. Asian markets rebounded from lows to trade higher, while the US stocks ended lower overnight dragged by selling tech shares and hopes of interest rates staying higher for longer after strong … Read more