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Sensex, Nifty end higher as hopes of strong quarterly earnings trump coronavirus fears

by pallanus | Jul 17, 2020 | Business News

Indian shares ended higher for a third consecutive session on Friday, as gains in financial and energy stocks and hopes of strong corporate earnings outweighed concerns over surging domestic coronavirus cases that crossed the one million mark. The Bombay Stock...

Nifty, Sensex end higher as Reliance rallies; inflation data awaited

by pallanus | Jul 13, 2020 | Business News

Gains were capped by declines in the banking and financial sectors after rating agency Moody’s warned of challenging economic and credit conditions stemming from Covid-19 for Indian banks. Nifty ended up 0.32% at 10,802.7 and Sensex finished 0.27% higher at...

RBI Governor Shaktikanta Das warns of higher bad loans, uncertain economic outlook

by pallanus | Jul 12, 2020 | Business News

Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday warned of higher bad loans as a direct fallout of the pandemic and said the medium-term outlook for the economy remains uncertain, with supply chains and demand yet to be fully restored. A protracted...

Sensex, Nifty edge higher as focus shifts to earnings

by pallanus | Jul 9, 2020 | Business News

The NSE Nifty 50 index rose 0.43% to 10,756.40 by 9:15 am, while the benchmark S&P BSE Sensex was up 0.53% at 36,519.94. Shares of Tata Consultancy Services Ltd rose nearly 1%, lifting the Nifty IT index 0.5%. (Photo: Reuters) HIGHLIGHTS BSE Sensex was up by over...

Sensex, Nifty edge higher even as coronavirus cases surge

by pallanus | Jul 1, 2020 | Business News

Indian shares inched higher on Wednesday as investor optimism was boosted by strong factory data out of China, offsetting fears of rising coronavirus cases, with Bharti Airtel Ltd leading small gains after a deal with Carlyle. The NSE Nifty 50 index rose 0.25 per cent...
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