Home Business Indian equity benchmarks closed lower on Friday to log their first weekly...

Indian equity benchmarks closed lower on Friday to log their first weekly drop in five weeks amid fears that the U.S. Federal Reserve will continue its policy of aggressive rate hikes.

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Dear Trader… Bears were holding a tight grip over the Dalal Street in today session, with both Sensex and Nifty close near their intraday low points, impacted by negative cues from other Asian markets. Domestic sentiments remained downbeat, amid a private report stating that taking binding commitments on new issues

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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”.