The Nifty 50 index opened at 24,965.8, slipping by 0.06 per cent. Meanwhile, the BSE Sensex started the day at 81,669.09, registering a modest gain of 0.03 per cent.
The Nifty 50 index opened at 22,433.40, falling 111.65 points (-0.5 percent), while the BSE Sensex started at 74,201.77, down 410.66 points (-0.55 percent).
The Nifty 50 index opened at 22,940.15, falling by 152.05 points or 0.66 per cent, while the BSE Sensex dropped 490.03 points or 0.64 per cent to open at 75,700.43.
India's retail inflation spiked to a 14-mth high in October, data showed Tuesday, dashing hopes of an interest rate cut in December and adding to fears of a consumption slowdown.
Among sectors at the National Stock Exchange, Bank, Auto, Financial Services, Media, Metal, Pharma, Healthcare, Consumer Durables, and Oil and Gas opened in the green territory.
The Fed rate cut has improved global sentiment, could trigger a rally because emerging markets like India will become more attractive due to possibility of higher returns.
The NSE Nifty 50 index fell by 30 points, to 24,300, while the BSE Sensex dropped 150 points to 79,841. Except Nifty 50, all other indices start trading with gain.
The Nifty 50 index scaled a fresh high on Wednesday, indicating continuation of an upward trend. An intraday move over 24300 could spark a sharp upside to 24400.
Is there a place for a counter-bureaucracy, or a separate and competing bureaucracy to counterbalance the force of the executive’s bureaucracy, asked author MH Mody in 1980.
With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout of digital transformation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
COMMENTS