Commuters walk past the Bombay Stock Exchange building in Mumbai. Reuters
The Indian equity markets is set to face another volatile week ahead, as the ongoing flight of foreign funds is expected to continue on the back of latest taxation surcharge on the super rich category along with subdued quarterly earning numbers.
Strong gains by index major Infosys and Sun Pharma aided the Sensex in advancing over 160 points on Monday. Infosys hit its all-time high level with 7.2 per cent gain on the back of strong numbers in its quarterly results
Looking like the last day of the losing streak for the markets, Thursday’s trading session, however, proved no different that the developments over the past five days.
Ahead of the fourth quarter results of the IT heavyweights Infosys and TCS, and key macro data release, major equity indices ended the week on a higher note led by gains in banking stocks. The BSE Sensex closed 160.10 points or 0.41 per cent higher at 38,767.11. The broader Nifty finished 46.75 points or 0.40 per cent higher at 11,643.45. “Market turned positive despite a weak rupee as investors
The Vietnam-UAE Trade and Investment Forum kicked off in Hanoi on Tuesday in the presence of Eng. Sultan Bin Saeed Al Mansoori, UAE Minister of Economy; and Tran Tuan Anh, Minister of Trade and Industry of Vietnam,
The world economy is changing at an unprecedented rate. The forces of globalisation and technological progress are altering the way that people all over the planet make a living. Some countries, especially in the emerging world,
Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, has unveiled its revamped Market Access programme which pairs leading companies in the UAE with startups that offer innovative solutions addressing their key challenges.