People look at a screen displaying the Sensex results on the facade of 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
Mumbai: Sensex and Nifty ended lower after the weak auto sales figures and surging oil prices dampened investor sentiments on Wednesday. The Sensex closed 173.78 points or 0.45 per cent lower at 38,557.04 while the Nifty settled at 11,498.90, down by 57 points. “Consolidation continued as weak auto sales have dimmed
Sterling steadied around $1.29 on Friday as dealers took a breather at the end of a dizzying week and on the eve of a vital vote on UK Prime Minister Boris Johnson’s Brexit deal.
China’s third-quarter economic growth slowed more than expected and to its weakest pace in almost three decades as the bruising US trade war hit factory production, boosting the agenda for Beijing to roll out a fresh fiscal support shortly.
Indian markets gained during the early trade on Friday as investors bought company shares with significant business in Britain after EU and Britain reached a new Brexit.
The Abu Dhabi Department of Energy (DoE) is preparing to take part in Dubai’s ‘Green Week’ event next week, as it also joins the 21st edition of the Water, Energy, Technology and Environment Exhibition (Wetex) as a ‘Diamond Sponsor’.