by pallanus | Jun 25, 2020 | Business News
Domestic markets opened weaker on Thursday after the International Monetary Fund (IMF) said that GDP growth in India will contract sharply by 4.5 per cent in the fiscal year 2020-21. At around 9:30 am, BSE Sensex was below the 35,000-mark after dropping 170 points,...
by pallanus | Jun 17, 2020 | Business News
At today’s opening, BSE Sensex was down almost 80 points lower but bounced back marginally at around 9:40 am. NSE Nifty, too, was just trading slightly above 9,900 points. There has been a sharp rise in market volatility on Wednesday as investors turned nervous due...
by pallanus | Jun 15, 2020 | Business News
Fears that a second wave of Covid-19 infections is under way sent jitters across global markets on Monday with stocks and oil under pressure while investors bought into safe havens such as German government debt. Beijing reported its second consecutive day of record...
by pallanus | Jun 11, 2020 | Business News
In a challenge to the stock market’s recent optimism, the Fed predicted the US economy would shrink 6.5 per cent in 2020 and unemployment would still be at 9.3 per cent at year’s end. The Nifty banking index and the financial index fell 0.67 per cent and 1 per cent,...
by pallanus | Jun 4, 2020 | Business News
At around 9:30 am, BSE Sensex was trading over 100 points higher, but soon descended into negative territory. NSE Nifty, too, failed to hold 10,100 and is now struggling to stay above 10,000 points. IT and Pharma stocks emerged as top gainers in morning trade with...
