Home Business Indian equity benchmarks posted broad-based declines on Friday, pressured by foreign fund...

Indian equity benchmarks posted broad-based declines on Friday, pressured by foreign fund outflows, and as global central banks took a hawkish stance and warned of surging inflation.

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Dear Trader… Friday turned out to be a dismal day of trade for Indian equity benchmarks with frontline gauges breaching their crucial 17,000 (Nifty) and 57,050 (Sensex) levels. After making cautious start, Indian equities extended their decline in morning deals, amid weak global cues coupled with uncertainty surrounding the Omicron

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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”.