Home Business Indian equity benchmarks on Wednesday extended their slump for the fourth straight...

Indian equity benchmarks on Wednesday extended their slump for the fourth straight session amid volatility in global financial markets.

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Dear Trader…                          Indian equity benchmarks extended their fall for the fourth straight session amid choppy trade on Wednesday, as participants waited IIP (Index of Industrial Production) and CPI (Consumer Price Inflation) data, due to be released tomorrow.  The indices started higher but soon gave up all of their respective gains, as traders turned worried as data released by the RBI showed that India’s outward foreign direct investment (OFDI) nearly halved

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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”.