A stock broker works at his terminal at the Bombay Stock Exchange. 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
Under the theme ‘Gulf Labour Market in Light of the Growth of the Digital Economy’, the Sharjah Chamber of Commerce & Industry (SCCI) is gearing up to organise the 6th edition of the GCC HR & Labour Market Executive Conference
DP World UAE Region and Jebel Ali Free Zone (Jafza) showcased their capabilities and offerings at the FoodPro Exhibition and Conference organised by the Confederation of Indian Industry
The Islamabad Chamber of Commerce & Industry (ICCI) has welcomed the announcement of Prime Minister of Pakistan to establish CPEC Authority for timely completion of CPEC projects and termed it a positive development