Home Business Indian equity markets kicked off May on a tepid note, weighed down...

Indian equity markets kicked off May on a tepid note, weighed down by losses in automobile and IT stocks, as investors cautiously awaited an expected rate hike by the U.S. Federal Reserve this week.

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Dear Trader…                          In a highly volatile session, Indian equity markets recovered most of their early losses and ended around flat line on Monday on the back of weak global cues ahead of the FOMC meet. Markets opened gap down, as traders were concerned as the government data showed the growth of eight core infrastructure industries slowed down to 4.3 per cent in March against 12.6 per cent in the year-ago

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Nikhil Bhatt is a SEBI registered individual Research Analyst under the SEBI (Research Analysts) Regulations, 2014 is an entrepreneur, global thought leader with a sound understanding trend of BSE, NSE, financial industry segments and investment trends. According to Nikhil Bhatt, “Our mission is to spread financial awareness and improve financial literacy in a concise, simple and easy-to-understand manner. Backed by scientific research, ethical principles and reliable data, our publications benefit and guide the Indian financial / non financial community like merchants, managers, investors, traders and readers. We seek to make investment decisions more objective and mature”.