A stock broker works 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
Real estate transactions in the emirate of Sharjah valued at Dhs24.2 billion during 2019, registering an increase by 7.3 per cent in comparison to 2018, a report released by the emirate’s real estate department said on Sunday.
Intersec 2020, the world’s leading security, safety, and fire protection trade show, held under the patronage of Sheikh Mansoor Bin Mohammed bin Rashid Al Maktoum, today opened its doors
In line with Etihad Credit Insurance’s (ECI) development strategy, the UAE Federal export credit company will extend its support to the exporters in the domestic trade.